I hope you and yours had a good November and a great Thanksgiving. As for me, November was NOT a good month. Some time during the first week me and my wife caught the COVID-19 virus. Ugh! As flus go, I’ve had worse but it was still not a good experience. At its worst, frequent severe coughing that often ended in the dry heaves as well as severe fatigue and lethargy made for a very unpleasant experience. We’ve been on the upswing for the past three weeks, but recovery looks less like a smooth upward arc and more like a stock ticker symbol that is slowly trending up. We’re not out of the woods yet, but every day we feel a little better or at least the same as the day prior. My biggest concern is the long term effects of the virus, so that is yet to be determined.
Well, let’s talk stocks. Once the election was over, the stock market went on a tear, with the Dow rising nearly 4,000 points during the month and breaking the 30,000 mark. My dividend portfolio’s value grew a bit, although it’s still a long ways from its February high point. So how were my dividend earnings in November? Let’s do the numbers and see:
AWP $ 44.00
BGY $ 33.80
CHW $ 17.50
CIK $ 22.50*
CLM $ 46.33*
DHY $ 28.88
EAD $ 3.39
EDF $ 20.00*
EHI $ 26.80
EXG $ 92.40*
NCV $ 29.75
PFN $ 36.00
ZTR $ 24.00
* Includes Return of Capital
Well, that was disappointing. By most measures, $576.10 would be considered non-trivial and nothing to sneeze at, but I had expected a bit more. Due to FGB deferring its November payout to December 1st, November proved to be a little worse than expected (but December will look a little better).
Again, EAD cuts its dividend. In November, it was cut from 5.67 cents per share to 5.62 cents per share. However, since I have sold off all my shares of EAD in October, this will no longer be a concern.
Needing cash (again), I sold more stocks in November. I sold off 50 shares of CHW at $8.541/share and later another 50 shares of CHW at $9.00/share. With CHW being on the upswing, my timing doesn’t seem too bad.
Between catching COVID and the stock market’s rapid recovery from October’s uncertainty, November was a mixed month. FGB’s deferred payout should make December a little better than anticipated.
Image Credit: jarmoluk (pixabay.com)