457K Account: $0
Robinhood Account: $26.06
AGNC (American Capital Agency Corp.) – $2.80
ARTNA (Artesian Resources Corp. ) – $1.12
EPR (EPR Properties) – $.64
HCP (HCP Inc.) – $6.33
O (Realty Income Corp) – $2.39
ORC (Orchid Island Capital Inc.) – $10.08
PER (San Ridge Permian Trust) – $2.70
Sharebuilder Account: $30.40
CNSL (Consolidated Cable) – $12.87
HAS (Hasbro Inc.) – $3.66
KMI (Kinder Morgan Inc.) – $.40
O (Realty Income Corp) – $1.46
ORC (Orchid Island Capital Inc.) – $12.01
Total From All Sources: $56.46
Added shares of the following companies:
DF (Dean Foods Inc.)
May is usually a down month for dividends but it was a little bit harsher due to the fact that ARP (Atlas Resource Partners) cut their dividend and in so doing sharply plummeted (double whammy). If oil prices recover so should they, but at this point it is going to be a long road. My guess is the company executives are driving it down so they can take it over cheaper under a new ticker symbol.
I also got a letter this month from my 457K my T. Rowe Income Fund and wanted to change my money over to some Great-West general fund. That is the one thing that annoys me the most about my 457K plan. First of all, the selections on what you can invest in are very small and then they keep changing them to other options that have higher fees. It feels like a sham. Anyhow, I moved the money I had in that fund to a different T. Rowe Price Dividend Growth fund. I am hoping that works out. It is a little bit more aggressive than the income fund was, but it is still very conservative compared to my trading accounts.
In good news despite the dividend cut by ARP, my dividends grew 6.83% over this time last year. I am adding funds in June, so I should see more growth soon. This is the advantage of a balanced portfolio. Even if one of your stocks gets jolted, the rest will help you keep growing.
Great thikginn! That really breaks the mold!