Introduction to the Dividend Growth Income Portfolio
Welcome to this update on our dividend growth income portfolio. This investment account, opened with Fidelity eight months ago, showcases a method of building passive income through dividend investing. Utilizing a dollar cost average strategy and consistent contributions, the account has transformed from $100 to over $8,500. With a goal of adding $10,000 in 2023, the account has already seen $5,600 contributed.
Currently, the account value is $8,517.45 with $8,622.60 invested. Although the portfolio is down 1.22%, it still maintains a yield of 3.33%. The expected annual income is projected to be $284.09. The overall objective is to generate $1,000 per month in dividend income, with smaller goals along the way.
The holdings in the portfolio are composed of ETFs and stocks. The top three positions are vuim, schd, and voo, collectively accounting for approximately 30% of the portfolio. Broadcom (AVGO) has been the best-performing stock, with a gain of 42.5%, while Walgreens (WBA) and AT&T (T) have experienced losses. The tech-heavy VLO S&P 500 Index has also shown strong performance.
Dividends are received from several companies, including AT&T, Agree Realty, Kinder Morgan, and Procter & Gamble. May tends to be the least active month for dividend income. However, it’s worth mentioning that dividend payments have been increasing as the account grows. In May, the speaker received dividends totaling $9.99, a $5 increase compared to February. The forward income is expected to be promising, with June projected to be a record month, yielding over $40 in dividend income. Historically, March, June, September, and December are the strongest months for receiving dividends. However, the payouts from the SCHD and VYM ETFs can be unpredictable.
To visually showcase their progress, the speaker shares a graph in their dashboard, presenting the monthly dividend income collected. They express enthusiasm about their achievements in earning passive dividend income and inquire about their audience’s current stock purchases, particularly highlighting the lower prices on SCHD. Additionally, they mention investing in their Roth IRA and promise to share an update on that in their next video.
Progress and Performance of the Investment Account
Welcome to this update on our dividend growth income portfolio. This investment account, opened with Fidelity eight months ago, showcases a method of building passive income through dividend investing. Utilizing a dollar cost average strategy and consistent contributions, the account has transformed from $100 to over $8,500. With a goal of adding $10,000 in 2023, the account has already seen $5,600 contributed.
Currently, the account value is $8,517.45 with $8,622.60 invested. Although the portfolio is down 1.22%, it still maintains a yield of 3.33%. The expected annual income is projected to be $284.09. The overall objective is to generate $1,000 per month in dividend income, with smaller goals along the way.
The holdings in the portfolio are composed of ETFs and stocks. The top three positions are vuim, schd, and voo, collectively accounting for approximately 30% of the portfolio. Broadcom (AVGO) has been the best-performing stock, with a gain of 42.5%, while Walgreens (WBA) and AT&T (T) have experienced losses. The tech-heavy VLO S&P 500 Index has also shown strong performance.
Dividends are received from several companies, including AT&T, Agree Realty, Kinder Morgan, and Procter & Gamble. May tends to be the least active month for dividend income. However, it’s worth mentioning that dividend payments have been increasing as the account grows. In May, the speaker received dividends totaling $9.99, a $5 increase compared to February. The forward income is expected to be promising, with June projected to be a record month, yielding over $40 in dividend income. Historically, March, June, September, and December are the strongest months for receiving dividends. However, the payouts from the SCHD and VYM ETFs can be unpredictable.
To visually showcase their progress, the speaker shares a graph in their dashboard, presenting the monthly dividend income collected. They express enthusiasm about their achievements in earning passive dividend income and inquire about their audience’s current stock purchases, particularly highlighting the lower prices on SCHD. Additionally, they mention investing in their Roth IRA and promise to share an update on that in their next video.
The progress and performance of the investment account are indicators of the effectiveness of the dividend investing strategy. Despite the temporary decline in the portfolio’s value, the consistent contributions and dividend payments have continued to generate passive income. It is important to note that the investments in ETFs and stocks have shown a mix of positive and negative performance, highlighting the importance of diversification.
This update serves as inspiration for individuals looking to build passive income through dividend investing. By setting goals and consistently contributing to their investment account, they can achieve financial growth and eventually generate a substantial monthly dividend income. The speaker in this case study demonstrates the potential for success and invites their audience to join them on their dividend investing journey.
In conclusion, the account demonstrates positive growth and progress towards the goal of generating passive income through dividend investing. The speaker expresses gratitude for being able to share their dividend investing journey and encourages their audience to continue investing.
Holdings and Stock Performance in the Portfolio
Welcome to the third chapter of our update on the dividend growth income portfolio. In this chapter, we will take a closer look at the holdings and stock performance in our portfolio. As we continue our journey towards building passive income through dividend investing, it is crucial to monitor the performance of the stocks and ETFs that constitute our portfolio.
Currently, our portfolio consists of a mix of ETFs and stocks carefully chosen to provide a diversified stream of dividend income. As mentioned earlier, our top three positions are vuim, schd, and voo, collectively accounting for approximately 30% of the portfolio. These holdings have proven to be reliable sources of both capital appreciation and dividend income.
One of our best-performing stocks in the portfolio is Broadcom (AVGO), which has experienced a gain of 42.5%. This particular stock has shown remarkable growth potential and has significantly contributed to the overall performance of the portfolio. However, it is important to note that not all stocks have fared equally well. Walgreens (WBA) and AT&T (T) have experienced losses, reminding us of the inherent risks associated with investing in individual stocks.
In addition to the individual stocks, we also hold positions in various ETFs. The tech-heavy VLO S&P 500 Index has shown strong performance, contributing to the overall growth of the portfolio. It is worth mentioning that ETFs provide a diversified approach to investing, reducing the risk associated with investing solely in individual stocks.
Dividends play a vital role in our passive income strategy. We receive dividends from several companies, including AT&T, Agree Realty, Kinder Morgan, and Procter & Gamble. While May tends to be the least active month for dividend income, the account has seen a consistent increase in dividend payments as it grows. In May, we received dividends totaling $9.99, reflecting a $5 increase compared to February. Looking ahead, June is projected to be a record month, with dividends yielding over $40.
Historically, March, June, September, and December are the strongest months for receiving dividends. However, it is important to note that the payouts from the SCHD and VYM ETFs can be unpredictable, as they are subject to market fluctuations and changes in the underlying assets.
To visually showcase our progress, we have included a graph in our dashboard that presents the monthly dividend income collected. This graph serves as a visual reminder of the consistent growth and progress we have made towards our goal of generating passive income through dividend investing.
We are excited about our achievements in earning passive dividend income and are eager to hear about our audience’s current stock purchases. We especially emphasize the lower prices on SCHD, which presents a potential buying opportunity. Additionally, we have been investing in our Roth IRA and promise to share an update on that in our next update.
In conclusion, the holdings and stock performance in our portfolio play a crucial role in our journey towards building passive income through dividend investing. While some stocks have outperformed expectations, others have faced challenges. Through diversification and prudent investment choices, we aim to create a robust and sustainable dividend income stream. We encourage our audience to continue investing and stay committed to their financial goals.
Dividend Income and Future Projections
Welcome to this update on our dividend growth income portfolio. This investment account, opened with Fidelity eight months ago, showcases a method of building passive income through dividend investing. Utilizing a dollar cost average strategy and consistent contributions, the account has transformed from $100 to over $8,500. With a goal of adding $10,000 in 2023, the account has already seen $5,600 contributed.
Currently, the account value is $8,517.45 with $8,622.60 invested. Although the portfolio is down 1.22%, it still maintains a yield of 3.33%. The expected annual income is projected to be $284.09. The overall objective is to generate $1,000 per month in dividend income, with smaller goals along the way.
The holdings in the portfolio are composed of ETFs and stocks. The top three positions are vuim, schd, and voo, collectively accounting for approximately 30% of the portfolio. Broadcom (AVGO) has been the best-performing stock, with a gain of 42.5%, while Walgreens (WBA) and AT&T (T) have experienced losses. The tech-heavy VLO S&P 500 Index has also shown strong performance.
Dividends are received from several companies, including AT&T, Agree Realty, Kinder Morgan, and Procter & Gamble. May tends to be the least active month for dividend income. However, it’s worth mentioning that dividend payments have been increasing as the account grows. In May, the speaker received dividends totaling $9.99, a $5 increase compared to February. The forward income is expected to be promising, with June projected to be a record month, yielding over $40 in dividend income. Historically, March, June, September, and December are the strongest months for receiving dividends. However, the payouts from the SCHD and VYM ETFs can be unpredictable.
To visually showcase their progress, the speaker shares a graph in their dashboard, presenting the monthly dividend income collected. They express enthusiasm about their achievements in earning passive dividend income and inquire about their audience’s current stock purchases, particularly highlighting the lower prices on SCHD. Additionally, they mention investing in their Roth IRA and promise to share an update on that in their next video.
In conclusion, the account demonstrates positive growth and progress towards the goal of generating passive income through dividend investing. The speaker expresses gratitude for being able to share their dividend investing journey and encourages their audience to continue investing.
