Dividend Harvesting Portfolio Week 123: $12,300 Allocated, $1053.16 In Projected Dividends

Jul. 13, 2023 9:00 AM ET, , , , , , , 41 Comments
Steven Fiorillo
36.83K Followers

Summary

  • The Dividend Harvesting Portfolio has performed well, generating a continuous stream of dividend income and maintaining a balance above its invested capital.
  • The portfolio includes 87 positions across equities, ETFs, REITs, CEFs, and BDCs, with a focus on generating weekly income and mitigating downside risk.
  • The author plans to continue adding to current positions and introducing new investments, with a goal of generating $1,300 in projected annual dividends and over $100 per month in dividend income by the end of 2023.

Money on the edge

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The S&P 500 started off the 2nd half of 2023 down -1.09% the week of July 2nd, while the Nasdaq closed down -1.13%. The next FOMC meeting on the 26th

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 C, TFC, FSK, ENB, VZ, MO, JEPI 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 plan on starting a position in TFC the week of 5/7/23. 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. The investments and strategies discussed within this article are solely my personal opinions and commentary on the subject. This article has been written for research and educational purposes only. Anything written in this article does not take into account the reader’s particular investment objectives, financial situation, needs, or personal circumstances and is not intended to be specific to you. Investors should conduct their own research before investing to see if the companies discussed in this article fit into their portfolio parameters. Just because something may be an enticing investment for myself or someone else, it may not be the correct investment for you.

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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C--
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FSK--
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JEPI--
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KMI--
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MO--
Altria Group, Inc.

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