The S&P 500 and NASDAQ were a little bit of a roller coaster ride this week, going up then down then back up before finishing the week down. Even though it was a down week in the markets there was some good news, dividend raises for several companies that I own in my portfolio, including Microsoft (MSFT), Texas Intruments (TXN), U.S. Bancorp (USB) and more. I will be detailing all of the dividend raises I received this week in a separate blog post. There was more activity in the accounts than normal this week, at least in the IRAs. Let’s check out the details!
The following dividends were received in the Traditional IRA this week:
- 3M Co. (MMM) – $30.54
- Realty Income Corp. (O) – $12.08
- NextEra Energy Inc. (NEE) – $3.14
- Prudential Financial Inc. (PRU) – $25.09
All of the above dividends were reinvested into the underlying positions.
The following dividends were received in the Roth IRA this week:
- Stag Industrial Inc. (STAG) – $0.12
- Main Street Capital Corp. (MAIN) – $0.16
Both of these dividends were reinvested into the underlying positions.
The total amount of dividends received this week was $71.13.
The following buys were made in the Traditional IRA this week:
- Vanguard Total Stock Market ETF (VTI) – 0.217 shares
- Schwab U.S. Dividend Equity ETF (SCHD) – 1 share
The following buys were made in the Roth IRA this week:
- Vanguard Growth ETF (VUG) – 0.032 shares
- Store Capital Corp. (STOR) – 0.287 shares
- Schwab U.S. Dividend Equity ETF (SCHD) – 0.066 shares
- Invesco NASDAQ Nest Generation 100 ETF (QQQJ) – 0.144 shares
- Nationwide Risk-Managed Income ETF (NUSI) – 0.704 shares
- Medical Properties Trust Inc. (MPW) – 0.493 shares
- J.P. Morgan Equity Premium Income ETF (JEPI) – 0.326 shares
- Huntington Bancshares Inc. (HBAN) – 0.668 shares
- Amplify CWP Enhanced Dividend ETF (DIVO) – 0.139 shares
There were no sells this week.
I had held 10 warrants in a SPAC, Qell Acquisition Corp. (QELLW) for awhile now. Well, the merger completed this week. My warrants were converted over to the new company Lilium (LILMW). At this time, I have not made a decision on what I will do with these warrants.
The following options trades were made in the Traditional IRA this week:
- Verizon (VZ) – bought a closing transaction on a covered call expiring September 17, 2021 for a premium of -$1.03 after fees.
- Verizon (VZ) – sold a covered call at a strike price of $57.50 expiring on October 15, 2021 for a premium of $7.56 after fees.
- AT&T Inc. (T) – bought a closing transaction on a covered call expiring on September 24, 2021 for a premium of -$2.03 after fees.
- AT&T Inc. (T) – sold a covered call at a strike price of $29 expiring on October 15, 2021 for a premium of $9.46 after fees.
- Kroger Co. (KR) – sold a covered call at a strike price of $45 expiring on September 17, 2021 for a premium of $11.36 after fees.
- Plains All American Pipeline (PAA) – a covered call expired in the money on September 17, 2021. The 100 shares that covered the call option were assigned at $8. After fees, I receive $799.99 for these shares.
- Kroger Co. (KR) – a covered call expired out of the money on September 17, 2021.
- iShares Trust Core Dividend Growth ETF (DGRO) – a covered call expired in the money on September 17, 2021. The 100 shares that covered the call option were assigned at $49. After fees, I received $4,899.97 for these shares.
The total amount of options premium received this week was $25.32. The covered call on PAA being assigned was planned to exit this position. The covered call on DGRO being assigned was not planned. I will do a new blog post to explain how I will use the proceeds from these positions being assigned.
The Traditional IRA finished the week at about $117,533. This is down -$157 from the previous week.
The Roth IRA finished the week at about $907. This is up $93 over the previous week. This includes the $100 automatic monthly contribution, so the account actually ended up being down a little bit this week.
The 401k finished the week at about $8,900. This is down -$28 from the previous week.
The taxable brokerage account finished the week at about $351. This is even with last week’s total.
The little bit of bitcoin in my portfolio finished the week at $21.05. This is up $1.32 over the previous week.
The total amount invested is now about $127,712. This is down -$91 from the previous week. You can see all of the positions in my portfolio by clicking on Portfolios in the menu above or by clicking this link: https://bluecollarbill.com/portfolios/
The total amount of dividends and options premium received this week was $96.45. Even though is was a down week for my accounts I still feel like it was a productive week. The money from dividends and options premium was reinvested into assets that will produce passive income. The monthly contribution to the Roth IRA was used to buy assets that will produce passive income. Combine that with all of the dividend raises that were announced this week and my passive income grew this week even though my account values dropped. This is why I love being a dividend investor. I can grow my income from dividends no matter what the market is doing. That wraps it up for this week. Thanks for following along!
*Disclaimer – I am not a financial professional. The information shared here should not be considered financial advice. I am just a factory worker sharing my experience as I strive to achieve financial freedom. Before investing or making any financial decision do your own research and due diligence or consider seeking the advice of a financial and/or tax professional.
Here are some of the businesses that I use that I thought some of you might be interested in.
I use the free version on trackyourdividends.com. This is a quick an easy way for me to track my estimated annual income from dividends.
Lolli has a variety of stores that it is affiliated with and offers rewards for shopping at these stores. I use Lolli when I shop on Chewy and I get bitcoin as a reward. Who doesn’t want free bitcoin! If you are interested in Lolli and want to help support the blog here is my referral link: https://www.lolli.com/share/XP7gxDgqC4
I use M1 Finance for my taxable growth account. M1 Finance offers promotions for signing up. At the time of writing this post, the promotion is for $30. These promotions vary from time to time but is usually a $10 bonus. If you are interested in M1 Finance and want to support the blog here is my referral link: https://m1.finance/ktIiFeOI5zDr
If you use the referral links listed above I could receive compensation. Please take the time to read the terms and conditions before signing up.