The FiveTwenty portfolio received $330.97 in dividends in the past week. AFL, BKH, ENB, FTS, INTC, SJM, and SWX paid their quarterly dividend during the week.
Past Week Dividend
$330.97
Current Quarter Dividend (Q2)
$798.61
LifeTime Dividend
$4,083.28
Estimated Annual Dividend
$5,372.67
Dividend Scorecard
The capital allocation for the week of 06/05/2022 to 06/11/2022 will be used to add to our position in 3M Co. (NYSE: MMM)
MMM – Position Update
Since our last check-in on MMM in week 6 of 2022, the company reported Q1 2022 earnings on 04/26/2022. Additionally, the share price decreased 9.2% from $160.73 to $145.97 during that period.
The FiveTwenty portfolio received $104.04 in dividends in the past week. ABBV and PG paid their quarterly dividends during the week.
Past Week Dividend
$104.04
Current Quarter Dividend (Q2 2022)
$467.64
LifeTime Dividend
$3,752.31
Estimated Annual Dividend
$5,226.26
Dividend Scorecard
The capital allocation for the week of 05/22/2022 to 05/28/2022 will be used to add to our position in Polaris Inc. (NYSE: PII).
PII – Position Update
Since our last check-in on PII in week 16 of 2022, the company reported Q1 2022 earnings on 04/26/2022. In addition, the share price decreased 8.1% from $107.24 to $98.57.
The FiveTwenty portfolio received no dividends in the past week.
Past Week Dividend
$0
Current Quarter Dividend (Q2 2022)
$363.60
LifeTime Dividend
$3,648.27
Estimated Annual Dividend
$5,153.35
Dividend Scorecard
The capital allocation for the week of 05/15/2021 to 05/21/2021 will be used to add to our position in Air Products and Chemicals (NYSE: APD)
APD – Position Update
Since our last check-in on APDin week 17 of 2022, the company reported Q2 2022 earnings on 05/05/2022. In addition, the share price decreased 3.8% from $242.92 to $233.71 during that time.
The FiveTwenty portfolio received $180.49 in dividends in the past week. BMY, GD, T, and VZ paid their quarterly dividend during the week.
Past Week Dividend
$180.49
Current Quarter Dividend (Q2 2022)
$363.60
LifeTime Dividend
$3,648.27
Estimated Annual Dividend
$5,093.82
Dividend Scorecard
The capital allocation for the week of 05/08/2022 to 05/14/2022 will be used to add to our position in Aflac (NYSE: AFL)
AFL – Position Update
Since our last check-in on AFL in week 18 of 2022, there have not been any significant developments for the company. The share price increased 1.6% from $57.28 to $58.23 during the period.
The FiveTwenty portfolio received no dividends in the past week.
Past Week Dividend
$0
Current Quarter Dividend (Q2 2022)
$183.11
LifeTime Dividend
$3,467.78
Estimated Annual Dividend
$5,040.44
Dividend Scorecard
The capital allocation for the week of 05/01/2022 to 05/07/2022 will be used to add to our position in Aflac (NYSE: AFL).
AFL – Position Update
Since our last check-in on AFL in week 1 of 2021, the company announced FY 2021 earnings on 02/02/2022, and Q1 2022 earnings on 04/28/2022. Additionally, the share price increased 32.6% from $43.19 to $57.28 during the period.
The FiveTwenty portfolio received no dividends in the past week.
Past Week Dividend
$0
Current Quarter Dividend (Q2 2022)
$0
LifeTime Dividend
$3,284.67
Estimated Annual Dividend
$4,859.55
Dividend Scorecard
The capital allocation for the week of 04/10/2022 to 04/16/2022 will be used to add to our position in Old Republic International (NYSE: ORI)
ORI – Position Update
Since our last check-in on ORI in week 36 of 2021, the company reported Q3 2021 earnings on 10/28/2021, and Q4 and full year 2021 earnings on 01/27/2022. In addition, the share price decreased 4.6% from $25.29 to $24.12 during the same period.
The FiveTwenty portfolio received $109.67 in dividends in the past week. GPC, MDU, and TROW paid their quarterly dividends during the week.
Past Week Dividend
$109.67
Current Quarter Dividend (Q1 2022)
$1,173,86
LifeTime Dividend
$3,284.67
Estimated Annual Dividend
$4,768.08
Dividend Scorecard
The capital allocation for the week of 04/03/2022 to 04/09/2022 will be used to add to our position in Walgreens Boots Alliance (NYSE: WBA).
Decrease in Estimated Annual Dividend
This week marks the first time since the inception of the FiveTwenty portfolio that the Estimated Annual Dividend decreased from the previous week. The decline was caused by the T declaring a quarterly dividend of $0.2775 per share for Q2 2022, down from the $0.54 a share in Q1 2022. In the same announcement T outlined the details of the transaction that will spin-off WarnerMedia and merge it with Discovery Inc to for Warner Bros. Discovery, Inc (WBD).
Given that even after the dividend reduction T’s yield is still above 4%, we are not divesting out position in the company at this time. However, we will wait for the spin-off transactions to settle and re-evaluate our options in the coming weeks.
