Here is the dividend income report for June, 2020.
The monthly dividend income came out to $1957.12. The yearly income total for 2020 through the end of the month was $4407.77.
The income for June, 2019 was $2244.44, and the yearly income for 2019 through the end of June was $4251.15.
All in all it was a good month. I have one less fund than I did last June (I sold RWR in May), but overall I did alright. I did buy some more BND for my Roth IRA at the end of June. So now my Roth will get income every month.
RWR is still doing well. Perhaps I sold too soon. Or perhaps the damage in the economy has not hit the stock market yet. I think I will stick with my plan to just sit tight until next year and then buy something. If I stick with Ron DeLegge’s plan, I should buy RWR. I am also thinking about KBE, the SPDR S&P Bank ETF (ETFDb page here, State Street page here). Banking is not a major asset class, but let’s face it: Banks make money coming or going.
I am also thinking about getting XYLD, the S&P 500 Covered Call ETF by GlobalX S&P 500 Covered Call ETF (ETFDB page here, GlobalX page here). Ron DeLegge has a premium newsletter with the Monthly ETF Income Trade. It sells covered calls in SPY, GLD and I believe one other ETF as well. It looks like XYLD might do something similar. It pays monthly. Ron DeLegge gives a dollar amount for what you would have made if you put $100,000 in his income portfolio (which would be in your non-core portfolio). If you had $100,000 in XYLD, you would have made about $483 in July. Not quite as good as Ron DeLegge’s portfolio, but not bad considering it’s less effort. I might hold off for a few more months. I don’t know how this strategy will do if the S&P 500 goes down. I think XYLD is more correlated to the level of the S&P 500 than Ron DeLegge’s portfolio.
My Roth IRA might get a lot bigger because I might quit my job and add my Roth 401K to it. There are a lot of things I do not like about where I work. I know this is not a good time to quit, but I frankly hate it there. This is no way to live.
Here is a table with the year-to-date amounts, the monthly amounts, and the three- and twelve-month moving averages for each June from 2011 through 2020:
| Month | YTD | Amount | 3MMA | 12MMA |
|---|---|---|---|---|
| 2020-06 | $4407.77 | $1957.12 | $778.78 | $885.91 |
| 2019-06 | $4251.15 | $2244.44 | $959.55 | $753.16 |
| 2018-06 | $2185.04 | $863.49 | $319.68 | $551.12 |
| 2017-06 | $3108.53 | $761.91 | $539.42 | $536.73 |
| 2016-06 | $2744.28 | $684.76 | $464.00 | $483.42 |
| 2015-06 | $2415.32 | $612.21 | $411.83 | $409.95 |
| 2014-06 | $1933.90 | $522.86 | $333.10 | $320.58 |
| 2013-06 | $1492.72 | $351.48 | $257.79 | $291.91 |
| 2012-06 | $1574.81 | $305.84 | $260.85 | $276.29 |
| 2011-06 | $1351.34 | $236.50 | $235.38 | $203.23 |
Here are the securities and the income amounts for June, 2020:
- Vanguard Total Bond Market ETF: $164.38
- Vanguard Total International Bond ETF: $10.28
- RLI Corp: $24.73
- SPDR S&P Dividend ETF: $700.64
- Vanguard Utilities ETF: $270.44
- SPDR S&P Global Dividend ETF: $786.65
Big Jim is holding tight in his portfolio, but might make big changes in his life.
Image from Wikimedia, assumed allowed under Fair Use. Painting of angel by Guariento di Arpo (1310-1370).
