Dividend Harvesting Week 50 Update: $5,000 Allocated $344.63 In Annual Dividends Yielding 6.65% Across 62 Positions

Feb. 17, 2022 8:30 AM ET, , , , , , , 29 Comments
Steven Fiorillo
36.83K Followers

Summary

  • After 50 weeks and $5,000 allocated, the Dividend Harvesting portfolio is generating $344.63 in annual dividend income.
  • In week 50, I added ECC and MFC to the Portfolio.
  • The Dividend Harvesting portfolio has a 98% record of finishing the week in the black since its inception.

Stock photo of an ascending staircase of coins on a blue background with a jar full of coins. Saving concept

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After 50 consecutive weeks, this marks the 5th week where my allocation purchased new positions from reader suggestions. Since the series started, there have been many great suggestions, and I wanted to thank you for putting

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This article was written by

36.83K 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

Analyst’s Disclosure:I/we have a beneficial long position in the shares of ECC, MFC, OHI, PDI, PFFA either through stock ownership, options, or other derivatives. 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.

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.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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SymbolLast Price% Chg
ECC--
Eagle Point Credit Co LLC
HBAN--
Huntington Bancshares Incorporated
MFC--
Manulife Financial Corporation
OHI--
Omega Healthcare Investors, Inc.
PDI--
PIMCO Dynamic Income Fund

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