In May the stock market saw a tremendous bounce back and rally, one seemingly for the ages. Many who decided to stay on the sidelines and not invest when the markets were down 30 plus percent are probably kicking themselves. I am certainly not saying that we can’t have another 30 percent correction in the coming months, I just don’t understand why you wouldn’t begin buying on any 30 percent correction. So if we have another correction, it will simply be another opportunity to stack shares at great prices. That being said let’s take a look at the dividends I was paid in the month of May 2020!
In May I was paid $129.33 in my 3 accounts combined. The breakdown is below:
- M1 Finance Main Account: $107.61
- M1 Finance Roth IRA: $9.34
- Fidelity Traditional IRA: $12.28
Here is all of the payouts over the course of May by each holding:
|Ticker||Amount Paid||M1 Main Acct||M1 Roth IRA||Fidelity IRA|
6 thoughts on “May 2020 Dividend Update!”
Great update. Love those ABBV and Verizon payments.
Thanks Matt Money #richgang
Keep crushing it!:) O just came through with a raise as well!
Thanks yeah O never fails!
We just started on our dividend growth portfolio. Bought fractional shares of 33 dividend kings / aristocrats / champs (50 usd each). We’ll be receiving our first cash dividend this month.
We are wondering if we should allocate the available cash now and buy fractional shares of 16 stocks or gather more cash so that our next buy would cover all 33 stocks. Thoughts?
Tough to say what I would do and would depend on how much was being invested. Since its fractional shares just getting them all in the portfolio and dollar cost averaging going forward might be what I would do.
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