In May the stock market saw a tremendous bounce back and rally, one seemingly for the ages. Many who decided to stay on the sidelines and not invest when the markets were down 30 plus percent are probably kicking themselves. I am certainly not saying that we can’t have another 30 percent correction in the coming months, I just don’t understand why you wouldn’t begin buying on any 30 percent correction. So if we have another correction, it will simply be another opportunity to stack shares at great prices. That being said let’s take a look at the dividends I was paid in the month of May 2020!

In May I was paid $129.33 in my 3 accounts combined. The breakdown is below:

  1. M1 Finance Main Account: $107.61
  2. M1 Finance Roth IRA: $9.34
  3. Fidelity Traditional IRA: $12.28

Here is all of the payouts over the course of May by each holding:

TickerAmount PaidM1 Main AcctM1 Roth IRAFidelity IRA
MAIN$6.88/$3.20/$3.08
O$4.09/$1.86
ABBV$13.35/$7.86
SBUX$5.85
FAST$7.03
EPD$26.47
VZ$15.90
STAG$3.64
LOW$3.81
CVS$4.30
EV$4.26
INVH$1.97
AAPL$0.67
EPR$12.03/$3.50
Total:$129.33

6 thoughts

  1. We just started on our dividend growth portfolio. Bought fractional shares of 33 dividend kings / aristocrats / champs (50 usd each). We’ll be receiving our first cash dividend this month.

    We are wondering if we should allocate the available cash now and buy fractional shares of 16 stocks or gather more cash so that our next buy would cover all 33 stocks. Thoughts?

    Like

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