Joseph’s Dividends: August

Drop of water on a branch

With several of my holdings showing no sign of recovery, and feeling inspired to be more selective with my choices, in August I made some large adjustments to my dividend portfolio.

In my M1 Finance account, I had one pie that was made up of several Global X ETF’s. They were higher yield, but as the ETF’s themselves didn’t seem to be as well established, they didn’t bounce back with the rest of the market over the summer. I decided to cut my losses on them and move the money to more reliable dividend earners.

The other major change I made was moving several REIT’s from Dividend Stocks pie to my REIT specific pie. It wasn’t a change that necessarily had to happen, but it’s one of those little things that makes my brain happier.

Now, on to the dividend earnings report!

August Dividends

August has historically been a low earning month for me. However with Ruger paying an unusually large dividend in for the quarter, I got bumped up to a more normal monthly level.

I added a correction box to justify my records with what M1 tells me I’ve earned.

GLAD Gladstone Capital Corp. +$2.32
GAIN Gladstone Investment Corp. +$1.73
RGR Sturm, Ruger & Co., Inc. +$8.82
ORC Orchid Island Capital, Inc. +$3.53
PG Procter & Gamble Co. +$1.47
O Realty Income Corp. +$0.84
COST Costco Wholesale Corp. +$0.22
SDIV Global X SuperDividend ETF +$2.31
ALTY Global X SuperDividend Alternatives ETF +$2.53
SRET Global X SuperDividend REIT ETF +$2.38
T AT&T +$3.17

Total = $29.32


I can’t recommend M1 Finance enough if you want to get into automated dividend investing. If you sign up using my link below, we will both receive a $10 bonus.

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