Monday, May 4, 2020

April Review / May Preview 2020

Still Quarantined Gremlin here to discuss April and May.  Wow this sometime we are all living in, and honestly it will be 10, 20, or 100 years before someone looks back on this period of time and knows what the really hell happened.  Yes, we can all wrap our heads around information (perhaps even all of the information), but its not all available.  Anyways, not to stump on the issue, but this is beyond historical and unprecedented.  As a person who loves history - its fascinating.  As a person still at home most of the time with two kids that love to scream, at times in unison, its a bit frustrating.  Luckily the market is a hot mess / basket case.  So lets see how we did.

April:

This month I added shares to seven positions in my accounts.

Last month I brought in a total of $134.44 in dividends ($112.77 taxable, $11.08 Roth, and $10.7 in my IRA).  This is an increase from last year ($102.81 total) by 30%.

In terms of dividend increases, I realized 16 dividend increases from the Canadian Imperial Bank of Commerce (CM), Coca Cola (KO), Realty Income (O), TD Bank (TD), WalMart (WMT), and Kimberly Clark (KMB). The increases range from 0.2% to 7%. This brings my total raises to 23 for 2020.

Next month I will realize 4 dividend increases from the Apple (AAPL), Royal Bank of Canada (RY), Kinder Morgan (KMI), and General Dynamics (GD).  The increases range from about 3% to 10%.

In addition, I have received one dividend halt/pause/suspension from the Gap (GPS) and Dunkin Brands (DNKN). These are not a huge positions for me, and I will hold, but it is annoying. DNKN should especially be able to return to form once this crisis is over.  Total lost forward 12 month income stands at: $27.74 (approx. 1.58% of taxable income)

NOTE: I only count increases when realized, because until that money is delivered any statements or declarations are simply conjecture.

May:

The mortgage continues and I am putting extra cash towards the principal monthly - not a huge number, but every little bit counts. Our debts currently outstrip our assets, because I consider our house a liability and NOT an asset.

I will continue to make rolling purchases going forward.

Next month should produce around $350 in dividends, which is a 8% YOY increase.

My portfolio page is currently up to date.

Hope everyone has a May that is better than April.
- Dividend Gremlin
- Long all stock tickers

2 comments:

  1. You hit at interesting point Gremlin. We are in the midst of the madness now. I am curious what on earth we are going to be saying about this a few years. Think of how much more we know about the financial crisis today than we did in 2008-2009. I just hope that this truly is a short term blip versus a long, drawn out economic downturn. If the latter, we will all probably start receiving a few more dividend cuts...

    Bert

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    1. Bert,

      Thanks for the comment. In someways maybe our economy was always this weak, or at least exposed to such a downturn. Its also interesting watching the talking heads on TV or even reading financial sites predicting the bottom is further down or that we have already bounced off it. Most of them are not medical - historical - economic professionals; so their view is always going to miss an aspect of this event. There are just so many impacts that it is hard the quantify them all at the same time.

      - Gremlin

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