A dividend income portfolio chronicle
The FiveTwenty portfolio received $650.12 in dividends in the past week. EMR, HD, K, MMM, ORI, PII, and WBA paid their quarterly dividends.
| Past Week Dividend | $650.12 |
| Current Quarter Dividend (Q3 2023) | $2,288.20 |
| LifeTime Dividend | $14,754.50 |
| Estimated Annual Dividend | $10,427.77 |
The capital allocation for the week of 09/17/2023 to 09/23/2023 will be used to add to our position in Vanguard Dividend Appreciation ETF (VIG) and Vanguard International Dividend Appreciation ETF (VIGI).
The FiveTwenty portfolio received $235.41 in dividends in the past week. ADM, EMR, JNJ, and SON paid their quarterly dividends.
| Past Week Dividend | $235.41 |
| Current Quarter Dividend (Q3 2023) | $1,638.08 |
| LifeTime Dividend | $14,104.38 |
| Estimated Annual Dividend | $10,321.50 |
The capital allocation for the week of 09/10/2023 to 09/16/2023 will be used to add to our position in Kellogg Co (NYSE: K).
Since our last check-in on K in week 13 of 2023, the company reported Q1 2023 earnings on , and Q2 2023 earnings on 08/03/2023. Furthermore, the share price decreased 9.2% from $65.47 to $59.42 during the period.
Continue reading “2023 Week 37: Kellogg Co. (NYSE: K)”
The FiveTwenty portfolio received $490.31 in dividends in the past week. AFL, BKH, ENB, FTS, SJM, SWX paid their quarterly dividend during the week.
| Past Week Dividend | $490.31 |
| Current Quarter Dividend (Q3 2023) | $1,402.67 |
| LifeTime Dividend | $13,868.97 |
| Estimated Annual Dividend | $10,244.20 |
The capital allocation for the week of 09/03/2023 to 09/09/2023 will be used to add to our position in Vanguard Dividend Appreciation ETF (VIG) and Vanguard International Dividend Appreciation ETF (VIGI).
The FiveTwenty portfolio received no dividends in the past week.
| Past Week Dividend | $269.06 |
| Current Quarter Dividend (Q3 2023) | $912.36 |
| LifeTime Dividend | $13,378.66 |
| Estimated Annual Dividend | $10,162.05 |
The capital allocation for the week of 08/27/2023 to 09/02/2023 will be used to add to our position in Vanguard Dividend Appreciation ETF (VIG) and Vanguard International Dividend Appreciation ETF (VIGI).
The FiveTwenty portfolio received no dividends in the past week.
| Past Week Dividend | $269.06 |
| Current Quarter Dividend (Q3 2023) | $912.36 |
| LifeTime Dividend | $13,378.66 |
| Estimated Annual Dividend | $10,120.25 |
The capital allocation for the week of 08/20/2023 to 08/26/2023 will be used to add to our position in Vanguard Dividend Appreciation ETF (VIG) and Vanguard International Dividend Appreciation ETF (VIGI).
This week we decided to pull the trigger and close out our 2 positions in non-dividend paying companies KNF and WBD. Both positions were established when we received shares as part of their spin-offs from their parent companies, MDU and T. We decided to hold on to the shares, initially, in the hopes that the companies might initiate paying a dividend. However, since neither company has given signs that they might initiate dividend payouts in the near future, we decided to go ahead and sell all our shares this week. The proceeds from the sales will be re-invested as part of our regular capital allocations as outlined in our strategy.
The FiveTwenty portfolio received $17.16 in dividends in the past week. GD paid its quarterly dividend during the week.
| Past Week Dividend | $17.16 |
| Current Quarter Dividend (Q3 2023) | $643.30 |
| LifeTime Dividend | $13,109.60 |
| Estimated Annual Dividend | $10,091.64 |
The capital allocation for the week of 08/13/2023 to 08/19/2023 will be used to add to our position in Vanguard Dividend Appreciation ETF (VIG) and Vanguard International Dividend Appreciation ETF (VIGI).
The FiveTwenty portfolio received $285.79 in dividends in the past week. BMY, T, and VZ paid their quarterly dividend during the week.
| Past Week Dividend | $285.79 |
| Current Quarter Dividend (Q3 2023) | $626.14 |
| LifeTime Dividend | $13,092.44 |
| Estimated Annual Dividend | $10,049.61 |
The capital allocation for the week of 08/06/2023 to 08/12/2023 will be used to add to our position in Vanguard Dividend Appreciation ETF (VIG) and Vanguard International Dividend Appreciation ETF (VIGI).
In the past week the Estimated Annual Dividend for the FiveTwenty portfolio decreased from the preceding week. The decrease was caused by MDU adjusting its quarterly dividend payout down following the spinoff off its KNF subsidiary.
What does this mean for our position in MDU? At this time the FWD dividend yield of MDU stands at 2.38% and a payout ratio of about 66%. Furthermore, the board has set expectations for the future payout ratio to remain between 60% to 70%. These number are close to the targets outlined in our investment strategy, and therefore, we will continue to hold our position in MDU.
The FiveTwenty portfolio received no dividends in the past week.
| Past Week Dividend | $0 |
| Current Quarter Dividend (Q3 2023) | $340.35 |
| LifeTime Dividend | $12,806.65 |
| Estimated Annual Dividend | $10,106.27 |
The capital allocation for the week of 07/30/2023 to 08/05/2023 will be used to add to our position in Vanguard Dividend Appreciation ETF (VIG) and Vanguard International Dividend Appreciation ETF (VIGI).
The FiveTwenty portfolio received $82.80 in dividends in the past week. OZK paid their quarterly dividend during the week.
| Past Week Dividend | $82.80 |
| Current Quarter Dividend (Q3 2023) | $340.35 |
| LifeTime Dividend | $12,806.65 |
| Estimated Annual Dividend | $10,066.15 |
The capital allocation for the week of 07/23/2023 to 07/29/2023 will be used to add to our position in Vanguard Dividend Appreciation ETF (VIG) and Vanguard International Dividend Appreciation ETF (VIGI).
The FiveTwenty portfolio received no dividends in the past week.
| Past Week Dividend | $174.95 |
| Current Quarter Dividend (Q3 2023) | $257.55 |
| LifeTime Dividend | $12,723.85 |
| Estimated Annual Dividend | $10,025.39 |
The capital allocation for the week of 07/16/2023 to 07/22/2023 will be used to add to our position in Vanguard Dividend Appreciation ETF (VIG) and Vanguard International Dividend Appreciation ETF (VIGI).
Up until this point for the FiveTwenty portfolio, we have selected companies with a track record of growing their dividends over time. The idea behind this strategy is to generate an increasing stream of dividends to offset the effect of inflation over time.
VIG and VIGI are 2 low-cost ETF funds from Vanguard that allow us to invest in a large basket of domestic and international companies that grow their dividends.
Continue reading “2023 Week 29: VIG & VIGI”