Time for another dividend update, and this time it’s for the month of August! 3 months left with 2020 and it’s already another year. Time flies when you don’t go outside anymore…
TLDR; I have a video as well if you’re not interested in reading.
Here’s a breakdown of my August 2020 dividends.
| PCI | $2.33 |
| T | $5.20 |
| AGNC | $1.56 |
| O | $2.00 |
| STAG | $3.18 |
| GOOD | $3.38 |
| LAND | $0.49 |
In total, I made $18.14 in August.
Compared to the last two quarters, this month was the smallest earner throughout the year. February got me $25.41 and May, $18.87.
It’s really just a small amount but the only reason why August was smaller was because $NRZ paid their dividends a month earlier. Instead of having the payouts for August 1st, they had paid it on July 31st!
But aside from that, I also added a new position to my TDAmeritrade portfolio. I added $SCHH with 2 shares that cost me around $36/share. I made good use of the $80 balance that I had so that the money was put to good use.
I’ve decided to add a new position because it’s part of my new plan to turn my TDA account into a “low-risk” investment account. Instead of investing in individual stocks, I’m picking out ETFs to increase my exposure in the real estate market while also hedging potential risk.
Why $SCHH?
The biggest reason I picked this was because of price. At $36/share, it was the best-priced stock I could afford at the moment.
But aside from the price, this REIT ETF in my opinion is a good pick for beginner ETF investors like me. It has a good allocation in different REITs including the industrial sector, telecom sector, data centers and healthcare facilities.
While the hospitality sector has taken a beating because of the pandemic, those I’ve mentioned are still above the water (for the lack of better term).
American Tower Corp ($AMT) and Crown Castle International ($CCI) owns and operates cell towers throughout the United States. Lockdowns have pushed people to consume more online content and, to an extent, have boosted these two companies’ business.
Digital Realty Trust ($DLR) operates data centers worldwide. Where would all the online data have to pass through in order to get to our screens? Well, data centers.
Prologis ($PLD) develops and operates high-industrial logisitics facilities across the globe. They might have also taken a beating when the crash started but it rebounded back to it’s price pre-crash. Thanks to the increasing demand for goods.
Welltower Inc ($WELL) operates healthcare facilities in the UK and Canada. While the REIT still hasn’t rebounded back to it’s pre-crash price, healthcare will always be a big industry. Thus, the need for facilities will always be there. After all, we all have to take care of our health right?
AvalonBay Communities Inc ($AVB) operates apartment communities mostly located throughout the eastern part of the United States. The REIT has only been trailing sideways for months now, but I think that’s something to be expected in the housing market. While it may not be performing well right now due to widespread unemployment, thus making people unable to pay rent, it will go back up since housing is a necessity no matter what.
All I can really do right now is to keep an eye on my portfolio and add more to my positions before the prices start to go up.