My Income Investing Portfolio Review- August 2018

My Income Investing Portfolio Review-August 2018

My Income Investing Portfolio

I have chosen high income stocks to produce and grow my initial dividend income stream.

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 transition to using 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-43.94 shares
  • Annual dividend-$2.64
  • Expected annual income-$116.00

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-62.68
  • Annual distribution-$2.57
  • Expected annual income-$161.08

PCI- Pimco Dynamic Credit and Mortgage Income Fund

  • Quantity-212.35
  • Annual distribution-$1.97
  • Expected annual income-$418.33

NHF- NexPoint Strategic Opportunities Fund

  • Quantity-99.44
  • Annual distribution-$2.40
  • Expected annual income-$238.66

MAIN- Main Street Capital Corporation

  • Quantity 38.23
  • Annual dividend-$2.83
  • Expected annual income-$108.19

ECC- Eagle Point Credit Company

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

OXLC- Oxford Lane Capital Corporation

  • Quantity-162.21
  • Annual distribution-$1.62
  • Expected annual income-$262.78

My Annual Expected Income

My income portfolio currently provides a forward annual expected income total of $2,961.19 and is currently valued at $32,693

My income continues to go up slowly even though I have not been able to invest new money into my portfolio.

My new money is unfortunately currently going towards paying down my debts and building up an asset outside of my IRA so that not all of my money is in retirement accounts.

At least I have been able to manage these difficult times without withdrawing any money from my income portfolio.

It has been mostly on autopilot for about 18 months slowly growing itself through reinvestment except for a few tweaks and adding tiny amounts of cash when possible.

One of my huge goals is to create an income stream that can provide for my family for generations.

I intend to hold through the next market correction whenever it comes and am excited to watch my income grow at even faster rates while investing at lower prices.

August 2018

In August my income portfolio produced a total of $147.81 in dividends and distributions.

My historic August income

  • 2017-$71.09
  • 2016-$28.27

What stocks paid me in July?

  • ECC-$41.87
  • PCI-$34.60
  • OXLC-$21.63
  • NHF-$19.72
  • KBWY-$13.09
  • O-$9.63
  • Main-$7.24
  • Interest-$.03

4 thoughts on “My Income Investing Portfolio Review- August 2018

  1. Pingback: The Journey Begins – Evan's Way

  2. Pingback: My Fifth Month Blogging – Evan's Way

  3. Hi Evan. Great blog! As I see you are relativity new to investing (that’s an old dude saying that, so it’s all relative) just wondering if you have considered diversifying your portfolio to protect it in case of financial crisis, like this

    Also wondering if you might have considered adding P2P Lending to your overall strategy like this

    I’m not suggesting you have to do any of this as you obviously know what you’re doing very well already. Just throwing some options out there.

    Keep up the good work. I’m looking forward to reading more on how you progress.



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