By Matt Ramey | January 30, 2024 | 0
Hi everyone! Here is the MoneyByRamey.com Dividend Portfolio December 2023 Update:
MoneyByRamey.com December 2023 Dividends
December 2023 dividends came in at $1,469.20 which represents a 13.51% decrease vs. $1,698.79 worth of dividends earned in December 2022.
Of note, I’m not seeing EEAFX dividend payment in my account. I’m checking with my brokerage, but assuming that will hit, I show that my dividends will go up to appx $1,610.77, which will still be a decrease, but almost flat for yoy.
Want to see the progress of the portfolio? Check out Dividend Income: the Trend
December 2023 Top 10 Stocks by Value
What else will I be adding to the portfolio in 2023 and beyond? I’ll be on the lookout for the next best stocks on the MoneyByRamey Dividend Stocks Watchlist.
December 2023 Top 10 Stocks by Dividend Income
Check out the Full MoneyByRamey.com Portfolio here.
Thoughts on the Top 5
2023 has been a mixed year for stocks. As I look at my portfolio 2023 YTD, overall I’m down $8,500 on total value of my portfolio while dividend income is up by about $500. There are some stocks in the portfolio that are contenders for sale due to various issues – HanesBrands come to mind.
With that being said, the top 10 continues to remain solid for MoneyByRamey.com. Here’s some initial thoughts:
- $JNJ – Still a solid performer. Top in dividend stock and value for the MBR portfolio. However, I’m interested to see how the company performs after it spun off its consumer health brands into Kenvue.
- $KO – Everyone needs to enjoy a co*ke every now and then, though current health trends concern me from a soda perspective. I’d still like to see $KO continue to branch out into non-pop type drinks to help mitigate market trends.
- $PG – Though $PG took a hit in share price recently, there is still plenty of room to grow this amazing stock.
- $XOM – Though it pains me to see the world in such strife and disarray, from a pragmatic perspective, it’s good for $XOM to see the volatility as margins will increase as crude oil prices increase. I’m currently taking these dividends as cash and will continue to do so into the near future.
- $SJM – Everyone needs their foods, I’m excited to hold a company that has a good grip into the food sector space and plan to continue holding for years to come.
The market will continue to be volatile, but as investors we take the long-term view. Continuing to layer into top performing stocks thru DRIP is a solid way I’ve been moving forward in my investment portfolio!
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Disclosure: I am/We are long $AAPL $ABT $ADM $ALL $BG $BGS $BP $BUD $CAG $CAT $CLX $CMI $COF $CSCO $DAL $DFS $F $FAST $GD $GE $GIS $GT $HBI $IBM $INGR $IRM $JNJ $JPM $KHC $KMB $KO $KSS $LUMN $MMM $MSFT $NWL $PEP $PFE $PG $SBUX $SJM $SPTN $STAG $STX $T $TSN $UPS $VZ $WBA $WEN $WFC $WMT $WPC $WRK $WY $XOM
Disclaimer: All the information above is not a recommendation for or against any investment vehicle or money management strategy. It should not be construed as advice and each individual that invests needs to take up any decision with the utmost care and diligence. Please seek the advice of a competent business professional before making any financial decision.
(2) This website may contain affiliate links. My goal is to continue to provide you free content and to do so, I may market affiliates from time-to-time. I would appreciate you supporting the sponsors of MoneyByRamey.com as they keep me in business!
Related Posts:
- The Money By Ramey Dividend Portfolio: December 2021
- The Money By Ramey Dividend Portfolio: December 2022
- The Money By Ramey Dividend Portfolio: January 2023
- The Money By Ramey Dividend Portfolio: February 2023
- The Money By Ramey Dividend Portfolio: April 2023
- The Money By Ramey Dividend Portfolio: March 2023
- The Money By Ramey Dividend Portfolio: May 2023
- The Money By Ramey Dividend Portfolio: June 2023
- The Money By Ramey Dividend Portfolio: July 2023
- The Money By Ramey Dividend Portfolio: August 2023
FAQs
3 Magnificent Dividend Stocks to Buy and Hold Forever
- Johnson & Johnson (NYSE: JNJ) has been a favorite for income investors for decades. ...
- Target (NYSE: TGT) has been in business since 1902. ...
- Verizon Communications (NYSE: VZ) is the newbie on the list.
PennantPark Floating Rate Capital (PFLT) has paid uninterrupted dividends since going public in 2011, giving the externally-managed business development company (BDC) one of the best dividend track records in its industry.
What are the highest paying monthly dividend stocks? ›
Top 9 monthly dividend stocks by yield
| Symbol | Company name | Forward dividend yield (annual) |
|---|
| AGNC | AGNC Investment Corp. | 15.09% |
| EFC | Ellington Financial | 12.89% |
| EPR | EPR Properties | 8.43% |
| APLE | Apple Hospitality REIT | 6.71% |
5 more rowsMay 31, 2024
The 10 Best Dividend Stocks
- Comcast Corp Class A. (CMCSA)
- Medtronic PLC. (MDT)
- Verizon Communications Inc. (VZ)
- Dow Inc. (DOW)
- Devon Energy Corp. (DVN)
It's no wonder why investors closely monitor Warren Buffett's portfolio. He is arguably the greatest investor of all time, and he has doled out some of the best investment advice over the years.
What is the safest dividend stock to buy now? ›
7 Dividend Stocks to Buy and Hold Forever
| Stock | Forward yield as of June 12 | Implied Upside as of June 12 |
|---|
| Procter & Gamble Co. (PG) | 2.4% | 10.5% |
| Johnson & Johnson (JNJ) | 3.4% | 22.6% |
| Home Depot Inc. (HD) | 2.7% | 19.1% |
| Merck & Co. Inc. (MRK) | 2.3% | 6.2% |
3 more rows3 days ago
High dividend payments make sense, but how exactly can the yield be as high as 15%? Debt is the simplest answer. AGNC, for example, finances much of its business through debt. It also issues both common and preferred stock so it can acquire more mortgage assets that generate cash to satisfy the sky-high dividend.
What reit pays the highest monthly dividend? ›
Top 10 Highest-Yielding Monthly Dividend Stocks in 2022
- What dividends and REITs are.
- ARMOUR Residential REIT – 20.7%
- Orchid Island Capital – 17.8%
- AGNC Investment – 14.8%
- Oxford Square Capital – 13.7%
- Ellington Residential Mortgage REIT – 13.2%
- SLR Investment – 11.5%
- PennantPark Floating Rate Capital – 10%
A stock portfolio focused on dividends can generate $1,000 per month or more in perpetual passive income, Mircea Iosif wrote on Medium. “For example, at a 4% dividend yield, you would need a portfolio worth $300,000.
How much money do I need to invest to make $5000 a month? ›
To generate $5,000 per month in dividends, you would need a portfolio value of approximately $1 million invested in stocks with an average dividend yield of 5%. For example, Johnson & Johnson stock currently yields 2.7% annually. $1 million invested would generate about $27,000 per year or $2,250 per month.
Imagine you wish to amass $3000 monthly from your investments, amounting to $36,000 annually. If you park your funds in a savings account offering a 2% annual interest rate, you'd need to inject roughly $1.8 million into the account.
Does Coca-Cola pay monthly dividends? ›
The Company normally pays dividends four times a year, usually April 1, July 1, October 1 and December 15. Shareowners of record can elect to receive their dividend payments electronically or by check in the currency of their choice.
Who currently pays the highest dividends? ›
20 high-dividend stocks
| Company | Dividend Yield |
|---|
| CVR Energy Inc (CVI) | 9.77% |
| Eagle Bancorp Inc (MD) (EGBN) | 8.99% |
| Altria Group Inc. (MO) | 8.79% |
| First Of Long Island Corp. (FLIC) | 8.68% |
18 more rows4 days ago
As long as you keep the withdrawal rate at or below 4%, your money should last for decades. To apply the 4% rule, divide your income requirement by 4% to calculate your targeted portfolio size. If $75,000 is your income requirement, for example, you can safely get it from a $1.87 million portfolio.
What are the best long term stocks with dividends? ›
- JPMorgan Chase & Co. (JPM)
- Procter & Gamble Co. (PG)
- Johnson & Johnson (JNJ)
- Home Depot Inc. (HD)
- Merck & Co. Inc. (MRK)
- Chevron Corp. (CVX)
- Cisco Systems Inc. (CSCO)
The three benefits that are outlined are: (1) avoiding losses when disasters strike; (2) unlocking development potential by stimulating economic activity thanks to reduced disaster-related investment risks; and (3) social, environmental and economic co-benefits associated with investments.
Which common stock pays a constant dividend? ›
a) Preferred stock.
A preferred stock pays constant and non growing dividends and hence the common stock can be valued as a preferred stock.
What are the best stocks to buy and hold forever? ›
GEICO Auto Insurance, BNSF Railway, Clayton Homes, and Dairy Queen are among Berkshire's stable of competitively advantaged businesses. Combined, these high-quality companies generated operating earnings of $37.4 billion in 2023.
