Welcome to my monthly dividend portfolio update! <\/p>\n\n\n\n
I’ve been receiving a lot of questions about investing and dividends so I thought this was the perfect time to give a portfolio update and help more people understand how dividend investing works. <\/p>\n\n\n\n
When you invest in dividend stocks<\/strong>, 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. <\/p>\n\n\n\n If you strategically build your portfolio, you can have enough dividends to pay your monthly bills!<\/strong> Pretty awesome.<\/em> But it won’t happen overnight. In order to reap the benefits of dividends, it takes patience, strategy, and a commitment to continuous learning and growth. <\/p>\n\n\n\n My goal as a dividend investor is to generate a reliable and growing stream of income with the assets I choose to add to my portfolio.<\/p>\n\n\n\n The best part about building a dividend portfolio is that you get to choose what assets you add to your portfolio. It\u2019s just like buying shoes! There are thousands of companies that pay dividends but you get to choose which sectors you want to invest in and how much you want to invest based on your personal style and goals.<\/p>\n\n\n\n First, let me tell you that we are not operating in a normal dividend environment this month so you need to do higher levels of research and understand the risks associated with your investments. <\/p>\n\n\n\n Have you been following the latest dividend news? Subscribe to Wealthy Women Weekly<\/a> to get the latest updates. <\/p>\n\n\n\n Many top companies have slashed or suspended their dividends such as Ford (F)<\/strong>, Boeing (B)<\/strong>, General Motors (GM)<\/strong>, Delta Air Lines (DAL)<\/strong>, Macy\u2019s (M<\/strong>), L Brands (LB)<\/strong>, Tapestry (TPR)<\/strong>, and Nordstrom (JWN)<\/strong> as companies are seeking to preserve cash to stay afloat during this global pandemic.<\/p>\n\n\n\n So, what should you do during this time? <\/em><\/p>\n\n\n\n Don\u2019t panic! Panic attacks don\u2019t create profits. This is the time to rebalance your portfolio, analyze your current positions, and identify companies that have the potential to come out of this pandemic stronger than they were before.<\/p>\n\n\n\n If you\u2019ve met your savings goals and emergency fund needs, you can work on building your long-term dividend portfolio. This probably won\u2019t be the end of dividend cuts but if you\u2019re investing with a long-term time horizon, you won\u2019t be bothered by the minor losses in income. Plus, this is the perfect time to add growth stocks to your portfolio and cash in on the high-profit potential of stocks that have been beat down during this time. <\/p>\n\n\n\n Bottom Line:<\/strong> Make sure you have a well diversified portfolio of high-quality assets and make the most of this time right now to make profits from extreme market volatility.<\/p>\n\n\n\n In this May 2020 Dividend Queen Income Update<\/strong>, I\u2019ll give you some dividend-paying company stocks that have rewarded me with cash payouts in the form of dividends. <\/p>\n\n\n\n If you’re new to investing, check out these resources to get you started on your journey so you can start earning an extra stream of income: <\/p>\n\n\n\n Here are companies in my portfolio that continued to pay dividends in May 2020<\/strong>: <\/p>\n\n\n\n\n
Company<\/strong><\/td> Ticker Symbol<\/strong><\/td> Annual Dividend<\/strong><\/td> Payout Date<\/strong><\/td><\/tr> Caterpillar <\/td> CAT <\/td> $4.12<\/td> 5-20-20<\/td><\/tr> AbbVie<\/td> ABBV <\/td> $4.72 <\/td> 5-15-20<\/td><\/tr> Apple <\/td> AAPL <\/td> $3.28 <\/td> 5-14-20<\/td><\/tr> American Express <\/td> AXP <\/td> $1.72 <\/td> 5-8-20 <\/td><\/tr> AT&T <\/td> T <\/td> $2.08 <\/td> 5-1-20<\/td><\/tr> <\/td> <\/td> <\/td> <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n