I’m Pat Rosenheim, a.k.a. the PandA Trader.
This is the regular posting of the review of “Expected dividends and current holdings” of the #HYHRD portfolio.
The spreadsheet for each individual account is now found on my Google sheets.
I only post for my holdings, but they’re as accurate as I can make them. The symbols are; ACSF, AGD, ARCC, ARR, AWP, BDCL, BDJ, BFK, BGH, BKN, BTA, BXMX, CEFL, CLM, CRF, CSQ, CXE, DFP, DHF, DHY, DIAX, EAD, ECC, EVN, FFC, FHY, FIF, FLC, FPF, GAIN, GLAD, GOF, GUT, HIX, HPF, HPI, HPS, HYB, IVH, JPC, JPI, JPS, KIO, LDP, LEO, MAIN, MAV, MFM, MHI, MITT, MORL, NAD, NCLH, NEWT, NHF, NRO, NRZ, NVG, NZF, OAKS, OIA, ORC, OXLC, PDT, PFD, PFO, PHK, PHT, PMF, PML, PMM, PMX, PSEC, PSF, QQQX, RA, REML, RFI, RNP, RQI, SAR, SCM, SPXX, STK, TICC, TLI, TPZ, TWO, & UTF. Quite a list, eh? (89 total issues held; 17 common stocks, 4 ETNs, and 68 CEFs, of which 17 are tax-free muni CEFs.) Most pay monthly! Only ARCC, BDCL, BXMX, DIAX, MITT, NEWT, NRZ, OXLC, QQQX, SAR, SPXX, STK, TICC, & TWO pay quarterly.
This post examines recent & upcoming dividends and current holdings.
(This is where I double-check ex-dividend dates & amounts as well as dividend pay dates & amounts for the next 2 weeks.)
For all of our total shares (only shown on the Google sheets under the Real Results tab on my blog), the Expected Dividends from the currently held position(s) across the HYHRD portfolio are $15,261.33/year. This figure is taken from the Holdings tab. The dollar amount(s) invested in position(s) are shown on each account’s page. The YIELD is also shown on those pages. This does NOT consider capital gain/loss, nor does it consider accumulated dividends. Do your homework and do your own due diligence! YMMV!
These are declared ex-dividend dates with amount per share for the next couple of weeks;
- October ex-dividend dates
- 10 – CSQ $0.0825 (already projected)
- 11 – DHF $0.0235 ECC $0.20 EVN $0.0541 HPF $0.14 HPI $0.14 HPS $0.1222 PDT $0.0975 PHK $0.080699
- 12 – BDCL $0.7127 CEFL $0.2606 CLM $0.2326 CRF $0.2289 GOF $0.1821 JPC $0.065 JPI $0.1415 JPS $0.062 KIO $0.125 LEO $0.043 MORL $0.718 NAD $0.06 NVG $0.0725 NZF $0.074 OIA $0.0344 PMF $0.0597 PML $0.065 PMX $0.05575 REML $1.2579
- 13 – ARR $0.19 BDJ $0.0467 BFK $0.065 BKN $0.062 BTA $0.0545 EAD $0.05641 NRO $0.045 OAKS $0.05
- 16 – GUT $0.05 HYB $0.06 IVH $0.12
- 17 – CXE $0.0255 DHY $0.022 LDP $0.156 MAV $0.05 MFM $0.0325 MHI $0.05 PHT $0.065 PSF $0.172 RA $0.199 RFI $0.08 RNP $0.124 RQI $0.08 UTF $0.134
- 19 – ACSF $0.097 BGH $0.1534 HIX $0.049 MAIN $0.19 TLI $0.06 TPZ $0.125
These are the expected dividends for the next couple of weeks (no amount means ex-dividend date is in the future and/or no dividend was earned yet);
- October dividend dates
- 10 – ORC $119.98
- 13 – SCM $4.03
- 16 – CSQ $12.72 FHY $9.12 FIF $1.46 FPF $5.07 MAIN $2.42
- 19 – EVN $ PSEC $27.94
Presented another way, here is the sheet I use to record the dividends (subject to change) and projected out through next week (it might be 2 or more screenshots around the beginning/end of the month when most dividends are received), and when there are no dividends expected next week, we just look at dividends received;
Mr. Market may have different ideas than you or I, so it’s always a good idea to at least have a look each day. I don’t really like buying when the market is going down, but I don’t mind buying (or selling) so much when the market is going up. But, I buy every month; sometimems it’s every week, sometiems twice a month, sometimes once a month, and sometimes randomly. Every time I buy, I do so to increase my income (dividends received) and/or total return of the portfolio.
As of June 12th, 2017; CLM, CRF, FFC, FLC, GOF, GUT, MAV, MHI, PFD, PFO, PHK, PHT, PMF, PML, & PMX will be DRIPped in Fidelity accounts because they may reinvest at a 0-5% discount! I just love a bargain! Capital One (sharebuilder) doesn’t offer this. This information is shown on the Google sheets on the Dividends tab. The Capital One (Sharebuilder) Roth IRA accounts are not being DRIPped (those two are our “income” accounts!).
Part of the cash in our accounts will be withdrawn each month on an ‘as needed’ basis. I will retain some of the cash in each account for further investing. I plan on keeping enough free cash in the accounts at all times to last for 3 months of investing, adjusting amount(s) invested and/or withdrawn as necessary. This includes accumulated dividends only in both Roth IRAs (Roth-A & Roth-P) without DRIP, and cash added to the taxable joint brokerage account (ind-PandA) with DRIP. Cash added to the taxable joint brokerage account (PandAjoint) with DRIP will be invested in the holding with the lowest cost basis when funds are available, or at will. Cash added to the taxable brokerage account (Robinhood) will be invested indiscriminately, but will most likely coincide with dividend paying investment with the deposit on the 1st so as to include dividends paid at EOM (i.e.; CLM & CRF). The deposit on the 15th may also be invested in those securities, or it may be invested in other new or existing holdings (i.e.; NCLH, etc.).
Again, to see our current holdings;
Just click here (will open in a new window).
PLEASE TAKE NOTE AND REMEMBER THIS!
I’m not telling anyone to buy anything or giving anyone any advice, because that’s illegal. You see, I have no letters after my name, like RIA, CFA, etc. I SIMPLY DO NOT GIVE ADVICE. I only tell (and show!) what I do. You, like me, are all alone in this.
And remember, always do your own due diligence!