JP Morgan is mentioned as one of the companies that will close out the dividends for April.
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$340,000 Dividend Stock Portfolio Update $100 Buy #257 #fire #stockmarket #passiveincome #retirement
The creator provides a portfolio update, detailing a $100 deposit into M1 Finance and the purchase of fractional shares in several stocks including Fifth Third, Lockheed Martin, Realty Income, Microsoft, Kroger, Yum Brands, and Southern. The update also covers dividend drips, dividend raises from companies like Travelers, Costco, and Procter & Gamble, and the overall impact on monthly and annual dividend income. The creator also touches upon their total net worth and investment strategy.
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Tickers discussed in this post
Procter & Gamble had a 3% dividend increase, which the creator views as a positive, especially given current consumer staples market conditions.
Costco recently announced a 13% dividend increase, which added 22 cents to the creator's monthly income.
Travelers announced a significant 13.6% dividend increase, raising the quarterly dividend to $1.25 and positively impacting the creator's passive income.
Southern was a selected purchase with $20 invested, acquiring a fractional share and noting a slight increase in its dividend.
Yum Brands was a selected purchase with $20 invested, acquiring a fractional share and noting a slight increase in its dividend.
Microsoft was a selected purchase with $20 invested, acquiring a fractional share and expecting a slight increase in the next dividend.
Realty Income, a monthly payer, was received as a dividend drip, with the creator acquiring nearly a quarter share and noting a slight increase in the next dividend.
Lockheed Martin was a selected purchase with $20 invested, acquiring a fractional share and expecting an increased next dividend.
Fifth Third was a dividend drip purchase, with the creator buying over half a share and noting an increase in the next dividend payment.
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