I am making some changes in my dividend portfolio and starting to refocus it on private credit stocks that pay monthly.
A new stock added this month KKR Credit Income Fund (KKC). A listed private credit company dealing internationally.
I will still keep PL8, but not adding any more.
I did add some more Cromwell dollar cost averaging as it’s only a small amount so far adding 2409 shares.
Added 401 share of Gryphon Capital Income Trust (GCI)
Metrics Income Opportunities Trust (MOT) did a unit purchase plan and I bought another $30k of stock.
Added 1438 shares of Metrics Master Income Trust (MXT).
Added 621 shares of Qualitas Real Estate Income Fund (QRI)
And I sold South32 at breakeven. One of the issues being it drastically cut it’s dividends and the focus on private credit corps.
| Company | Quantity | Cost | Market Value | Gain/Loss % | Yield |
|---|---|---|---|---|---|
| CROMWELL PROPERTY | 6409 | 3,021 | 2,852 | -5.6% | 8.31% |
| GCI | 5878 | 11,973 | 11,873 | -0.83% | 8.27% |
| KKC | 4774 | 10,976 | 11,219 | 2.21% | 8.52% |
| METRICS INCOME | 26701 | 86,939 | 88,505 | 1.7% | 6.51% |
| MXT | 6774 | 13,989 | 13819 | -1.22% | 8.61% |
| PLATO | 54192 | 59990 | 65030 | 8.4% | 5.45% |
| QRI | 28879 | 46908 | 46595 | 0.33% | 8.2% |
| 233,796 | 239,893 | 2.74% |
Dividends received May 2024
GCI $78.64
KKC $79.72
MOT $571.00
MXT $72.25
PL8 $425.80
QRI $318.69
Tot: $1546.1
Total dividends for 2024 so far is $4865
Iv’e increased my income dividend portfolio by $50k this month!
Drastically reducing my expenses, maximising income and selling off decades of accumulated “stuff” that my house is full of. I may have to make a post on that topic alone.
Also have a real estate sale of a jointly own property coming soon which will be a nice addition.
Happy investing.