Some Mid-August Thoughts

Just posting some mid-August thoughts. Aside from getting hit by tropical storm Isaias, it was a really quiet first half of August. A lot of trees went down and power was out for many people. This may have something to do with my package from Amazon being lost in delivery. Ugh. In better news, the market as seen a nice rally in recent weeks and the dividend income keeps rolling in. My portfolio has remained over the $200K mark for more than a week. This hasn’t happened since the pandemic began. Once again, a little over 1/5 to one million.

I also noticed a shift in the dividend income my portfolio generates. It used to be that my quarter starting months were my “off” months. That means I would receive the least amount of dividend income from the fewest number of companies. However, since last summers re-balance and more recent tweaks to my portfolio, this is no longer the case. It is now the middle month that is my “off” month, while my beginning months will see around $700 in dividends each time. The middle months will see about $630 in dividends each time.

Interesting how things can change like that. Of course, my quarter ending month are still the best months. These months will see over $1,300 in dividend income. In addition, it was pretty cool to see that I surpassed a years’ worth of dividend income from both 2015 and 2016 in July 2020. What once took me one year to achieve was complete in 7 months now. My portfolio now stands to generate $10,535 in dividend income over the next 12 months.

I am hoping the last and worst of the dividend cuts are over. I am still awaiting the cut from D, which will happen in the last quarter of the year. Nobody really knows what is going to happen in the fall, but I am hoping for the best. And that’s it for some of my mid-August thoughts. So, how is you August going so far? Let me know in the comments below!