Nicholas Ward's Dividend Growth Portfolio: April And May Review

Nicholas Ward
33.63K Followers

Summary

  • My passive income stream increased by 25.59% YoY in April 2023 and 40.02% YoY in May 2023, with a year-to-date growth of 29.99%.
  • I have been taking advantage of high yields on money market funds and short-term treasury ETFs, transitioning about 6.5% of my total portfolio value from a 0% yield into a high-yielding position.
  • I have been making selective reinvestments and trades to increase my passive income stream and accelerate my journey towards financial freedom.
Little piggy banks on ascending stacks of coins

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This is 2-month update… so you know how the saying goes: another [two] month[s], another [two] step[s] towards financial freedom!

I’m sorry for the delay here. I’ve been busy lately with Dividend Kings, iREIT, and our various newsletter services at Wide Moat Research. In


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This article was written by

33.63K Followers
Nicholas Ward is a Senior Investment Analyst with Wide Moat Research and the former editor-in-chief and portfolio manager at The Intelligent Dividend Investor, The Dividend Growth Club, and The Income Minded Millennial.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of A, AAPL, ABBV, ACN, ADC, ADP, AGCO,AMGN, AMZN, APD, ARCC, ARE, ASML, AVB, AVGO, BAH, BAM, BEPC, BIPC, BIL, BLK, BMY, BN, BR, BTI, BX, CARR, CCI, CMCSA, CME, CMG, CMI, CPT, CRM, CSCO, CSL, DE, DEO, DHR, DIS, DLR, DPZ, ECL, ENB, ESS, FRT, SPAXX, GOOGL, HD, HON, HRL, HSY, ICE, ITW, JNJ, KO, LHX, LMT, LOW, MA, MAA, MCD, MDT, MKC, MO, MRK, MSCI, MSFT, NKE, NNN, NOC, NVDA, O, ORCC, OTIS, PEP, PFE, PH, PLD, PLTR, PYPL, QCOM, REXR, RSG, RTX, RY, SBUX, SHW, SPGI, STZ, TMO, TD, TXN, USFR, UNH, V, VZ, WM, WPC, ZTS 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.

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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