DIVIDEND REPORT :: SEPTEMBER 2019
For September 2019, the Divs4Jesus Portfolio received dividend income from twelve different companies (F, V, SNA, LYB, PRU, WBA, TSN, NWL, RHI, SWKS, AEG, and TROW). The total was $153.35 This was a 64% decrease from September 2018 where the total was $423.81. The decrease was due to VALE suspending its dividend this year and is a similar result as March when VALE also did not pay. We knew September was going to be a tough month as we anticipated the non-payment from VALE, which accounted for $366.42 of last September’s $423.81 total. After two months in in negative year over year growth we hope to close out the year strong. Our goal is to beat out last year’s total.
I had a negative yoy growth in August. It doesn’t feel good to see a declining cash flow. However, I like how you keep your focus on the cumulative income for the year. That is also what I try to focus on. As long as the annual income is growing, my goal is being met. Keep it up!
-SF
Yes we’re focusing on trying to at least beat last year’s total. Should be a close one. At the beginning of the year, we were hoping to be over $2k this year. However, two stocks suspended their dividend, VALE and GME. Last year these two stocks made up 62% of the portfolio’s total dividend income. So its a major hit. But it’s not so bad to know we’ve improved enough that the portfolio may still come out with a year over year gain. Further, while we don’t expect GME to resume a dividend anytime soon VALE’s reason for the suspension was more of a ‘one time’ disaster, which hopefully they will learn and recover from sooner than later. It will make for a nice “bonus” to the portfolio once VALE resumes payouts.