Last year the dividend reduced a little due to portfolio focus on capital gains and then switch out to dividend stocks that have just ex-dividend due to portfolio re-balancing. This year we do not have such situation. The strategy of the portfolio is to use Dividend for cash flow which also act as backstop in market downturn while buying lows.
This year as expected, the equity dividend is backup on rising trend due to larger portfolio size from larger total gain last year. Year-to-Date dividend $32,407. With this trend, potential dividend cumulation towards $500,000 by year end will be a nice milestone. Obviously with dividend play is a matter of time this will arrive provided we ever started. Feeling cheeky.
CoryLogics Invest Chat - No Coin, No Porn, No Penny
Articles in this Blog is personal take and sharing purposes only. Reader should seek their own professional help when making financial decision and be responsible for their decision.
Post a Comment