August 2020 Passive Income

 

Here is the passive income I received from both taxable and retirement accounts.


Taxable Account

• Amegy CD --- $421.27
• OHI --- $174.20
• T --- $169.00
• GIS --- $49.00
• CL --- $36.52
• BND --- $5.71

Retirement Account

• 65/35 S&P 500/Bonds --- $196.36

Total August 2020 passive income is $1052.06

Income from August was virtually identical to May which means I didn't add to these positions and fortunately none cut their dividends.

I have started to notice the bond component in my retirement accounts has fallen a bit this year. Again not unexpected as interests rates have been lowered and remain close to zero.

All in all it was a solid uneventful month so I'll take it.

Recent Buys --- XOM & T

 

Today I added a few more shares to my XOM & T positions.

• XOM:  7 shares @ $34.55 --- Yield  9.96%
• T:  9 shares @ $27.99 --- Yield  7.43%

Total capital invested is $493.77. The combined yield of these purchases is 8.67% and will add $42.08 to my yearly dividends.

I'll keep nibbling at T here. If the yield on T reaches 10% I'll likely add a few hundred more shares. XOM probably won't maintain the current dividend. I expect at least a 50% cut in the coming months. We'll see.

Recent Purchases --- MO & AFL

 

Today I added some shares to both my MO and AFL positions.

• MO:  7 shares @ $38.66 --- Yield  8.90%
• AFL:  7 shares @ $36.05 --- Yield  3.11%

Total capital invested is $522.92. These purchases have a combined yield of 6.10% and will add $31.92 to my yearly dividends.

MO, by current value, is my largest holding and AFL is one of my smallest. Both look good at these levels.

Recent Buy --- CSCO

 

Today I added some more CSCO shares.

• CSCO:  7 shares @ $39.77 --- Yield 3.62%

Total capital invested is $278.37 and will add $10.08 to my yearly dividends.  Love the yield here. Above 3.5 with hopefully a 6-8 growth rate going forward.

Recent Buy --- MO

 

Today I added a few shares to my MO position.

• MO: 6 shares @ $40.90 --- Yield 8.42%

Total capital invested is $245.40 and will add $20.64 to my yearly dividends. MO is my largest position, but I couldn't resist nibbling a bit here at this yield level.

I hope to build up my positions in CSCO and AFL in the coming weeks.

Recent Buy --- AFL

 

Today I initiated a position in AFL.

• AFL:  7 shares @ $37.17 --- Yield  3.01%

Total capital invested is $260.19 and will add $7.84 to my yearly dividends. Pretty boring purchase, but I'm underweight in the financial sector so it's a good addition.

Recent Buy --- T

 

Today I added a few more shares to my T position

• T:  9 shares @ $28.96 --- Yield  7.18%

Total capital invested is $260.64 and will add $18.72 to my yearly dividends.

I have a several CDs expiring soon so I am hope to continue getting good yields from stable companies as I replace the lost interest income. T is bond-like and should be a good payer and hopefully hold steady around $30. Not much growth, but I'm interested in the income. I almost added more XOM, but it a rather large position. I will be watching it though.