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Welcome to my June 2020 Dividend Queen Income update!
Check out my latest book, Dividends Are a Queen’s Best Friend, if you would like a simple and fun female-friendly investing book that will help you get over your investing fears.
If you missed the first Dividend Queen Income Update that I provided in May, click here to read the full article and review the stocks that paid me dividends.
Investing with the Dividend Queen
This month I had a chance to do a LIVE Q&A Session with Greater is She titled, “Investing with The Dividend Queen“. I hope you were able to attend!
Look for Opportunities
I’ve been receiving a lot of questions about the best time to invest.
One thing you must realize about investing is that there are always opportunities. You will never know what opportunities exist if you don’t embrace the opportunity to learn all you can. You need to position yourself to make money when the stock price is going up and when it’s going down. There are strategies out there that will help you achieve this goal.
You just need to understand that the stock market is very volatile right now.
Stocks Plunged in June
On Thursday, June 11th, 2020, the Dow Jones Industrial Average (DJIA) plunged 1,862 points, or 7%, to end near 25,128, marking the index’s worst daily drop since March 16, according to FactSet data.
But don’t panic. Panic attacks don’t create profits.You can enjoy quick gains during this time and take advantage of undervalued stock.
My June Dividend Update
I’ve been investing in dividend stocks. When you invest in dividend stocks, you are buying another stream of income. Dividends can provide you with a cash payout that you may receive monthly, quarterly, or once a year.
Before you start investing, you should check out these posts:
Here are some of the dividends I received this month:
| Company | Ticker Symbol | Annual Dividend | Payout Date |
| Cummins | CMI | $5.24 | 6-4-20 |
| Exxon Mobile Corp | XOM | $3.48 | 6-10-20 |
| Microsoft | MSFT | $2.04 | 6-11-20 |
| Walgreens Boot Alliance | WBA | $1.83 | 6-12-20 |
If you’re ready to invest, check out these resources to get you started on your journey so you can start earning an extra stream of income:
- Dividends Are a Queen’s Best Friend (Available on Amazon!)
- The Dividend InvestHER – All Things Dividends Every Month to Help You Build Your First $10K Dividend Portfolio!
- The Ultimate Beginner’s Guide: Invest in Just 5 Minutes a Day!
- Tax-Free Dividend Queen: How to Earn an Extra Stream of Income and Live a Life You Love By Investing in Assets That Permanently Lower Your Taxes
Did you receive dividends this month? What stocks are you thinking about investing in? What is your dividend income goal for 2020?
Let us know by leaving a comment below!
Meet Charlene!
Charlene Rhinehart is a Certified Public Accountant, Founder of Wealthy Women Daily, and Editor-in-Chief of the Dividend InvestHer and The Wealthy Woman Investor.
Charlene is currently the Chair of the Illinois CPA Society Taxation Individual Committee. With over a decade of experience in the financial services industry, Charlene is one of the few leaders who design insights specifically for the woman investor. Charlene’s work has been featured in a variety of publications including the Huffington Post, Black Enterprise, and the American Institute of Certified Public Accountants. In 2019, Charlene released her book “Dividends Are a Queen’s Best Friend”, on Amazon.
Disclaimer: Wealthy Women Daily is solely educational and informational, and is not intended to give investment or trading advice of any kind. Not all asset classes are suitable for all investors. Wealthy Women Daily is a research academy that provides you with the data and analysis you need to make an informed investment decision. It is your responsibility to talk to an expert to understand how specific investments will impact you during tax time. Affiliate links are included in this article.
Thank you so much for these resources! It’s great to read about your experience investing because so many people aren’t sure what to do.
Definitely! I want to help as many women as possible learn how to invest. We live longer than men so it’s so important to understand how to multiply our money.
Thank you for this investment guide! This is so thorough and spot on!
You’re welcome! I’m so glad you enjoyed it. I started doing monthly Dividend Reports so more people could understand how dividend investing works.
As someone who struggles to understand investment this post was great at breaking down the concept of divends so I feel a bit more at ease. Thank you so much for these resources!
I’m so glad it was helpful! You’ll love the book Dividends Are a Queen’s Best Friend available on Amazon! It’s female friendly:)
I love what you girls are doing out here to make investing simpler for so many! It is critical to take advantage of market changes like is happening currently and you guys are doing a fabulous job!
Thanks so much! It’s so important to make the language of money and investing simpler so that more people can be empowered to learn more about it.