My Income Investing Portfolio Monthly Review-July 2018

My Income Investing Portfolio Review-July 2018

My Income Investing Portfolio-My Investing Strategy

My Current holdings are primarily high yield income stocks and funds.

I have chosen these stocks because I believe that these high current income stocks will help produce and boost the initial dividend income so that later I can divert that income into other “safer” stocks with higher expected dividend growth and market ETFs.

Currently all of my dividends and distributions are set to automatically be reinvested back into the same stock or fund that paid them. I intend to continue to do this until my total income is larger and then use that income flow to begin to diversify into other investments.

Click here to read more about my investing strategy

My current holdings

VER- Vereit Inc.

  • Quantity-974.40 shares
  • Annual dividend-$.55
  • Expected annual income-$535.92

O- Realty Income

  • Quantity-43.77 shares
  • Annual dividend-$2.63
  • Expected annual income-$115.11

NRZ- New Residential

  • Quantity-185
  • Annual dividend-$2.00
  • Expected annual income-$370.00

UNIT- Uniti Group Inc.

  • Quantity-103.24
  • Annual dividend-$2.40
  • Expected annual income-$247.78

KBWY- Powershares KBW Premium Yield Equity Reit

  • Quantity-62.32
  • Annual distribution-$2.57
  • Expected annual income-$160.16

PCI- Pimco Dynamic Credit and Mortgage Income Fund

  • Quantity-210.91
  • Annual distribution-$1.97
  • Expected annual income-$415.49

NHF- NexPoint Strategic Opportunities Fund

  • Quantity-98.58
  • Annual distribution-$2.40
  • Expected annual income-$236.59

MAIN- Main Street Capital Corporation

  • Quantity 38.05
  • Annual dividend-$2.83
  • Expected annual income-$107.68

ECC- Eagle Point Credit Company

  • Quantity-209.35
  • Annual distribution-$2.40
  • Expected annual income-$502.45

OXLC- Oxford Lane Capital Corporation

  • Quantity-160.21
  • Annual distribution-$1.62
  • Expected annual income-$259.54

My Annual Expected Income

My income portfolio currently has a forward annual expected income total of $2,950.72

This represents an increase of $307.51 since I began writing on my blog just a few months ago. I have not even added any significant amount of new cash to my portfolio. If I had been adding fresh money to my portfolio my income would be even higher today.

Click here to view my first investing portfolio post

July 2018

In July my income portfolio produced a total of $429.14 in dividends and distributions.

All of this was reinvested back into the stocks that paid them except ECC which for some reason did not reinvest the past two months.

I am disappointed by this because I like the idea that each holding will generate a higher distribution through reinvestment the next time it pays again.

However, I am also okay with this since ECC is now generating a large chunk of my portfolio’s total income.

My historic July income

  • July 2017-$249.38
  • July 2016-$139.96

What stocks paid me in July?

  • Ver-$131.62
  • Nrz-$90.00
  • Unit-$60.27
  • ECC-$41.87
  • PCI-$34.36
  • OXLC-$21.37
  • NHF-$19.54
  • KBWY-$13.32
  • O-$9.59
  • Main-$7.19
  • Interest-$.01

10 thoughts on “My Income Investing Portfolio Monthly Review-July 2018

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  3. Evan – I looked through the investments you have and agree that O, MAIN and NRZ are good income investments. They are in my portfolio. The remainder, however, are not likely to ever be in my portfolio. You may want to do some analysis on dividend growth covered by growing earnings with payout ratios that make sense. I get the feeling that you are looking at yield as the main driver, and that, based on my experience, is a very risky approach. Far too many get burned by that approach. Growing yield on cost is far more important to me than current yield. My portfolio (seven figures) yields about 4%. You might also want to look at Business Development companies like GAIN, if you haven’t already. Keep learning. Wayne

    Liked by 1 person

  4. Good job. But I’m gonna piggy back on what Wayne said. While you are ok now some of those if the market turns south you will have massive dividend cuts. Plus like ECC is very heavy into return on capital.
    Main, NRZ and CIM and O are good or have been good for me.
    With the the expense ratios of ECC and a few others that are high your effective yield with the return on capital is low. Looks like you are a younger investor I would venture that you have 30 plus years get some low dividend like SBuX and visa holding them for along time you will do great. Either way keep pressing on


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