06-02-2022, 04:13 PM
Here's my May portfolio update. Net worth is no longer useful for my taxable account as I withdrew a little over 2% of the account value in accumulated dividends to live on. But I'll keep posting them.
The dividend decreases in the taxable account both over last May and February are from the T dividend cut. I did not include WBD shares received and sold as a special dividend though I used them this way. However my 12-month forward dividend projection continued to increase so all is good.
In June LYB pays a massive special dividend. I own a lot of it so it'll blow the doors off every dividend measurement I have. Temporary though, as is my ownership of most of the shares I bought on May 31. But I'll take it.
One other big change is that starting in June I expect to make Roth conversions from my IRA. I don't know everything I'll do but I do know one move:
From this point forward, rather than using IRA dividends to buy more stocks in my IRA, I'll convert them to the Roth and make buys there. I also may, whenever I decide to make a IRA trade, after selling, transfer the money and make the buy in the Roth - not 100% on that but starting to think that way.
Not 100% on where to pay the taxes from. I was going to hold back some of the IRA withdrawal to pay them but my Fidelity guy strongly urged me to make Taxable Account sales and use that. This one I need to think over. No big deal if all I convert are IRA dividends but if we start getting into big numbers I may reduce the dividend-producing capacity of the Taxable Account.
So I need to think that over.
Here are the numbers:
Metric IRAs Taxable Total
Buys 1 1 2
Sells 0 1 1
Dividend Increase
over May, 2021 333.67% -2.97% 26.17%
Dividend Increase
over February, 2022 334.78% -5.88% 21.66%
Change in value
over 4/30/22 .80% .35% .59%
Current Dividend Yield 1.53% 2.81% 2.14%
Change in 12-mo
projected Dividend
Income fr 4/30/22 1.78% .86% 1.20%
Organic/Internal
annual DGR 14.22% 9.88% N/A
Taxable Account Transactions:
Sales:
5/24/22 – WHR, $172.56
Buys:
5/31/22 – LYB, $115.88
T-IRA Transactions:
Buys:
5/18/22 – WSM, $110.00
Dividend Increases Received: AAPL, $.22 to $.23 per share; GD, $1.19 to $1.26 per share; WSM, $.71 to $.78 per share
Dividend Cuts Received: T from $2.08 to $1.11 per share
The dividend decreases in the taxable account both over last May and February are from the T dividend cut. I did not include WBD shares received and sold as a special dividend though I used them this way. However my 12-month forward dividend projection continued to increase so all is good.
In June LYB pays a massive special dividend. I own a lot of it so it'll blow the doors off every dividend measurement I have. Temporary though, as is my ownership of most of the shares I bought on May 31. But I'll take it.
One other big change is that starting in June I expect to make Roth conversions from my IRA. I don't know everything I'll do but I do know one move:
From this point forward, rather than using IRA dividends to buy more stocks in my IRA, I'll convert them to the Roth and make buys there. I also may, whenever I decide to make a IRA trade, after selling, transfer the money and make the buy in the Roth - not 100% on that but starting to think that way.
Not 100% on where to pay the taxes from. I was going to hold back some of the IRA withdrawal to pay them but my Fidelity guy strongly urged me to make Taxable Account sales and use that. This one I need to think over. No big deal if all I convert are IRA dividends but if we start getting into big numbers I may reduce the dividend-producing capacity of the Taxable Account.
So I need to think that over.
Here are the numbers:
Metric IRAs Taxable Total
Buys 1 1 2
Sells 0 1 1
Dividend Increase
over May, 2021 333.67% -2.97% 26.17%
Dividend Increase
over February, 2022 334.78% -5.88% 21.66%
Change in value
over 4/30/22 .80% .35% .59%
Current Dividend Yield 1.53% 2.81% 2.14%
Change in 12-mo
projected Dividend
Income fr 4/30/22 1.78% .86% 1.20%
Organic/Internal
annual DGR 14.22% 9.88% N/A
Taxable Account Transactions:
Sales:
5/24/22 – WHR, $172.56
Buys:
5/31/22 – LYB, $115.88
T-IRA Transactions:
Buys:
5/18/22 – WSM, $110.00
Dividend Increases Received: AAPL, $.22 to $.23 per share; GD, $1.19 to $1.26 per share; WSM, $.71 to $.78 per share
Dividend Cuts Received: T from $2.08 to $1.11 per share