MA - February Dividend Income From 26 Companies With 5 Raises: Portfolio Yield 6%

2024-03-05 18:20:32 ET

Summary

• February dividend collection came from 26 companies or 31.3% of the "RIG" portfolio.
• Rose's Income Garden portfolio received 5 dividend raises which are discussed further with a purchase recommendation provided.
• Dividends come from successful companies with positive cash flow and quality credit ratings.
• "RIG" continues to have ~6% dividend yield where SPY has 1.29% yield.

Rose's Income Garden "RIG" ended February with 83 stocks from 11 sectors as it strives to keep ~50% of the income from defensive quality investment-grade common stock. The other 50% and especially the financial sector has high yield ((HY)), business development companies (BDCs), some mREITs and preferred stock with real estate also bringing in income. Admittedly growth stocks are the least represented as income is a higher priority, but preserving value continues to be an important goal....

For further details see: