Dividend Harvesting: Week 17 Update, Building The Portfolio Brick By Brick

Jun. 30, 2021 9:00 AM ETBTI, STWD, UTF, MO, PFE, GSK43 Comments
Steven Fiorillo profile picture
Steven Fiorillo
23.68K Followers

Summary

  • After 16 weeks and $1,700, the Dividend Harvesting Portfolio is generating $108.72 in estimated annual income and $9.06 in monthly estimated income.
  • I started a position in British Tobacco p.l.c and added to my current positions of Starwood Property Trust and Cohen&Steers Infrastructure Fund.
  • The Dividend Harvesting portfolio is now generating 276 annual dividends with 10 dividends being paid for the remainder of June.

Little piggy banks on ascending stacks of coins
PM Images/DigitalVision via Getty Images

What a difference a week makes. In week 16 of this series, the markets tanked, the portfolio faced adversity, and I was approaching the first red week since the inception of this series. Like many investors, this portfolio rebounded, and I am

This article was written by

Steven Fiorillo profile picture
23.68K Followers
I am focused on growth and dividend income. My personal strategy revolves around setting myself up for an easy retirement by creating a portfolio which focuses on compounding dividend income and growth. Dividends are an intricate part of my strategy as I have structured my portfolio to have monthly dividend income which grows through dividend reinvestment and yearly increases. Feel free to reach out to me on Seeking Alpha or https://dividendincomestreams.substack.com/

Disclosure: I am/we are long STWD, UTF, BTI. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: Additional disclosure: Additional disclosure: I am long every position in the Dividend Harvesting Portfolio.

Disclaimer: I am not an investment advisor or professional. This article is my own personal opinion and is not meant to be a recommendation of the purchase or sale of stock. Investors should conduct their own research before investing to see if the companies discussed in this article fit into their portfolio parameters.

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