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:
March was the beginning of shelter in place and shutdowns in large swaths of the global economy. In the sea of uncertainty the dividends kept rolling on in. I did have one holding suspend dividends which was Cracker Barrel (CBRL) otherwise the show goes on.
In March I was paid $129.80 in my 3 accounts combined. The breakdown is below:
M1 Finance Main Account: $86.36
M1 Finance Roth IRA: $17.11
Fidelity Traditional IRA: $26.33
Here is all of the payouts over the course of March by each holding:
Dividends Paid in February 2020 – A New Record is Set!
February 2020 was a wild ride, with the huge correction at the end of the month, and it being a leap year, it was a really crazy month. That being said, I had an amazing month in terms of dividend income, a new record actually. Let’s break it down and see how it all shook out.
In February I was paid $151.86 in my 3 accounts combined. The breakdown is below:
M1 Finance Main Account: $92.50
M1 Finance Roth IRA: $4.80
Fidelity Traditional IRA: $54.56 (MSM $5 per share special dividend accounted for much of this)
Here is all of the payouts over the course of February by each holding: