December Dividend Income

After 35 years of clocking in and out of work and religiously saving at least 10% annually in my 401K every year, my countdown to financial independence is in sight. Each month is a step closer and let’s look at how this past month is getting me there.

For the month of December I made $5753.31; an increase of 7.51% versus this time last year and since this is December I can also report my annual dividend income overall increased 10.2%.

In December I received 4 dividend raises from AMGN, AVGO, PFE & WM.  Together this will add an additional $52.48 to my annual income going forward.  However, the PFE raise of 2.5% was too low for my liking and I sold the entire position and reinvested it into SCHD (note PFE is a component of SCHD) which added an additional $102.98 to my forward dividend income.

Speaking of SCHD this is a good lead into my weekly buy and sell reports.  Some regular readers may have noticed I stopped reporting my weekly activity and its for a simple reason.  Back in June I recognized that dividend ETFs, specifically SCHD, became too cheap to ignore and I started a position.  By September I realized an ETF was the most practical method for me to buy into a down market.  Since that time, most of my buys have been and still are SCHD. As such my weekly reporting became repetitive (bought SCHD, bought SCHD, and so on).  Until I stop buying SCHD I saw no use in the same boring posts every week that I bought SCHD.

On the home front my wife & I had been so focused on resolving family issues we lost track of time and Christmas seemed to appear out of nowhere.  We were so distracted neither of us felt in the holiday spirit.  This all changed however once family started to arrive at our house to celebrate.  Even though it was bitterly cold that Christmas morning (14F / -10C) all the issues and problems just melted away as we exchanged stories and laughed all the while enjoying the warmth a woodburning stove, good food and drink.  We even hit a point where my children and nieces found a stash of old pictures and when we investigated what they were laughing about there was some pics of me from the 80’s.  The running joke of the night was that I was an extra in the Netflix series Stranger Things.

Here is one of the pics they had and that is me on the left with my younger brother. I still remember the day that photo was taken.  I gave my brother an old pair of my hockey skates and he was trying them out on the ice.

Enough of me droning on, here are the metrics we love to see.

DateSymbolCompanyAmount
12/1/22ALEALLETE INC$171.21
12/1/22CMICUMMINS INC$45.07
12/1/22DIVOAMPLIFY ETF TR CWP ENHANCED DIV$114.78
12/1/22PNWPINNACLE WEST CAPITAL CORP$220.15
12/1/22PSXPHILLIPS 66$29.46
12/1/22SJMSMUCKER J M CO$19.80
12/1/22UPSUNITED PARCEL SERVICE INC$358.39
12/5/22ENBENBRIDGE INC$246.48
12/5/22PFEPFIZER INC$243.02
12/6/22JNJJOHNSON &JOHNSON$201.66
12/6/22SOSOUTHERN CO$71.50
12/8/22AMGNAMGEN INC$11.94
12/8/22DFSDISCOVER FINANCIAL SERVICES$15.79
12/8/22MSFTMICROSOFT CORP$75.44
12/8/22VLOVALERO ENERGY CORP$35.28
12/9/22SNASNAP-ON INC$39.24
12/12/22CVXCHEVRON CORP$23.96
12/12/22IBMINTERNATIONAL BUS MACH CORP$158.87
12/12/22MMM3M CO$63.12
12/12/22SCHDSCHWAB US DIVIDEND EQUITY ETF$129.63
12/12/22WBAWALGREENS BOOTS ALLIANCE INC$72.65
12/13/22ULUNILEVER PLC SPON ADR$55.21
12/15/22AVAAVISTA CORP$150.98
12/15/22EPREPR PROPERTIES$85.49
12/15/22FAFFIRST AMERICAN FINANCIAL CORP$169.77
12/15/22GMGENERAL MTRS CO$13.55
12/15/22NWLNEWELL BRANDS INC$25.56
12/15/22OREALTY INCOME CORP$1.46
12/15/22OGNORGANON &CO$6.37
12/15/22PRUPRUDENTIAL FINANCIAL INC$533.20
12/15/22QCOMQUALCOMM INC$177.49
12/16/22BHBBAR HARBOR BANKSHARES$56.25
12/16/22BPBP PLC SPONSORED ADR$9.45
12/16/22DUKDUKE ENERGY CORP$70.07
12/16/22RRYDER SYSTEM INC$59.25
12/16/22WMWASTE MANAGEMENT INC$46.92
12/20/22CMPCOMPASS MINERALS INTERNATIONAL INC$28.65
12/20/22PSECPROSPECT CAP$98.13
12/29/22ARCCARES CAPITAL CORP$625.16
12/29/22NUSIETF SER SOLUTIONS NATIONWIDE NASDQ$15.53
12/29/22TROWPRICE T ROWE GROUPS$25.68
12/30/22AVGOBROADCOM INC COM$9.61
12/30/22BEPBROOKFIELD RENEWABLE PARTNERS$280.59
12/30/22BEPCBROOKFIELD RENEWABLE CORP$70.08
12/30/22CTOCTO RLTY GROWTH INC$88.27
12/30/22KHCKRAFT HEINZ CO$9.92
12/30/22LMTLOCKHEED MARTIN CORP$28.01
12/30/22NEWTNEWTEK BUSINESS SVCS CORP$578.85
12/30/22M1 FinanceM1 DIVIDEND GROWTH ACCOUNT$86.37

November Dividend Income

After 35 years of clocking in and out of work and religiously saving at least 10% annually in my 401K every year, my countdown to financial independence is in sight. Each month is a step closer and let’s look at how this past month is getting me there.

For the month of November I made $3055.39; a decrease of 5.56% versus this time last year. With the shortfall primarily from the AT&T dividend cut earlier in the year.

In November I received 3 dividend raises from ARTNA, MRK & SNA.  Together this will add an additional $77.50 to my annual income going forward. 

On the home front we had a little excitement as I stopped someone from stealing my son’s car.  While I prevented the theft the damage was already done.  He smashed the rear passenger window and dismantled the steering wheel column to hotwire the car.  Looking back, it was stupid of me to engage as there were two others waiting in a nearby car which was also stolen.   I could have been shot or severely beaten but adrenaline took over and guess I was not thinking clearly.  Police eventually tracked down the would-be robbers as well as the other stolen car thanks to my description.  At least no one was hurt and we have insurance.

Hopefully your month was not as exciting unless the excitement was over getting dividends.

DateSymbolCompanyAmount
11/1/22CMCANADIAN IMP BK COMM$291.76
11/1/22DIVOAMPLIFY ETF TR CWP ENHANCED DIV$108.62
11/1/22GISGENERAL MILLS INC$102.68
11/1/22TAT&T INC$338.00
11/1/22VZVERIZON COMMUNICATIONS INC$106.86
11/1/22XRMIGLOBAL X FDS S&P 500 RISK$53.42
11/1/22XYLDGLOBAL X FDS S&P 500 COVERED$141.30
11/14/22APDAIR PRODUCTS AND CHEMICALS INC$73.25
11/14/22IBCPINDEPENDENT BK CORP MICH$51.13
11/15/22ABBVABBVIE INC$221.47
11/15/22EPREPR PROPERTIES$85.49
11/15/22HASHASBRO INC$60.25
11/15/22OHIOMEGA HEALTHCARE INVESTORS INC$722.72
11/15/22PGPROCTER AND GAMBLE CO$122.01
11/17/22PSECPROSPECT CAP CORP$98.13
11/23/22ARTNAARTESIAN RES CORP$213.99
11/23/22FASTFASTENAL COM$13.29
11/25/22ODCOIL DRI CORP OF AMERICA$36.81
11/25/22WSMWILLIAMS-SONOMA INC$14.92
11/29/22NUSIETF SER SOLUTIONS NATIONWIDE NASDQ$15.69
11/30/22SBRASABRA HEALTH CARE REIT INC$87.91
11/30/22M1 FinanceM1 DIVIDEND GROWTH ACCOUNT$95.69

I Might Build a Bridge

The closer I get to my retirement goal the more I focus on risk analysis.  Up to this point of my journey I have viewed risk from a macro or big event perspective.  The process for mitigating the risk was fairly straight forward, I would calculate the total financial value of the risk, plan a cash position to mitigate, and call it a day. 

However, recently I decided to take a more micro view by year to see how much of my planned income was being exposed to market risk and it changed my view on how much emergency cash I was allocating foe sequence of return risk.

Under our current plan I will retire at 59 and my wife will retire at 65 while I ride on her health insurance until we both switch to Medicare and file for Social Security at age 67.  Financially we could both retire at 59 but my wife has only recently entered back into the workforce and loves her job working with special needs children. 

As long as my wife finds it rewarding, I will not push her to retire early but will take advantage of it for the healthcare and income.  Until she hits 65, the gap in income will be backfilled from our dividend checks that keep rolling in.  Considering her earned income from age 59 to 64, 69% of our annual income will be exposed to market risk.

After my wife retires, we have a 2-year gap from age 65 to 66 with no earned income and no social security.  Our entire annual income will come from our dividends which equates to 100% of income that will be exposed to market risk.  After that we both collect at 67 and our income exposed to market risk drops down to 41%. 

I was comfortable with risk exposure from 59 to 66 however my wife was not.  We have always had an agreement that since our finances are combined, we have to be on the same page. To get us on the same page I had roll up my sleeves and come up with a different solution we would both be comfortable with.

My search landed on the concept of using a social security bridge.  In short, the bridge concept is using retirement funds for income needs until you are eligible for the maximum social security payout at age 70.  This is not a new concept and it does have drawbacks with the two largest being; longevity (lack thereof) and needing income now (i.e., little to no retirement savings).  The only added twist for us was the funds had to have no exposure to market risk and we would not reduce our existing dividend portfolios. 

Regarding longevity, if it was just myself this would be a no-go but my wife’s side of the family tend to have long lives into their early 90s and as such this concept had merit for consideration. As far as a funding source it left us with one choice, my current 401K plan (wife’s employer does not offer a 401K). 

The next piece was selecting a source that did not have exposure to market risk.  The options available are cash, CDs, government bonds, or an annuity.  Cash is a no-go for me as it would earn near 0 for 10 years.  Building a CD ladder might be viable using brokered CDs but I run the risk of lower interest rates in the last 5 years.  For bonds, an ETF or mutual fund would not work because you would be exposed to bond market risks so it would have to be laddered individual government bonds held to maturity. The simplest approach would be to use an annuity.

In the past I have expressed buying a lifetime annuity would not be a good fit for me as I already have a lifetime annuity with a built-in COLA via social security and we are willing to take on risk for bigger portfolio gains/growing dividends. 

A 10 year annuity on the other hand fits in perfectly for this scenario.  I would consider this as a viable option as from a return perspective it sits neatly between CDs and bonds with the returns being +/- 0.5% of those options after annuity fees are factored in (slightly better than a CD and slightly below individual bonds).  For this analysis we chose to use the annuity and would fund it with 10% of our portfolio coming from my 401K and the payout would be the same as claiming social security at age 62.

Implementing the annuity and moving our social security claim out to age 70 changed our exposure to market risk with every age bracket improving except the 67-69 range which increased from 41% to 72%.  The largest impact is in the 70+ range as we are looking at a potential 20 year period with just 28% of income exposed to market risk.

Advantages & Disadvantages

The long-term reduction in risk reduces my sequence of returns risk which in turn reduces my emergency cash position by 44%.  This money can now be funneled back into the stock portfolio. Disadvantage is the portfolio value at time of death (circa age 90) would be 5.1% lower.  

From a tax perspective we also get a slight improvement as our projected effective tax rate after age 70 would drop from 8.7% to 7.89% but the downside is our effective tax rate from age 67 to 69 goes up from 8.7% to 15.3%.  Stretching this out over the full 30 years we will only pay a projected $4,000 less in lifetime taxes which is a negligible amount and hardly a benefit.  However, the important piece is the increase in income and discount in taxes comes when we need income the most at the end of life.  Expenses in retirement are not a linear straight line going up.  It’s more of a rollercoaster where expenses gradually go down but start steadily rising in later years as medical costs and assistance needs become greater. 

Other Considerations

Raising the monthly bridge payout equal to what we would have received at age 67 and 70 were considered. When I ran these two scenarios my wife loved it but I just could not warm up to it. In both scenarios we would not have enough funds from my current 401K and as such we would have to pull funds from our other portfolios. Getting a larger payout on the front-end at the sacrifice of growing dividends on the back-end when we need the most income for health care or long term care just did not sit well with me.

Declining cognitive ability is something we have both considered and highly probable based on my wife’s family medical history.  Not an enjoyable conversation to have for sure but a reality we need to address. A larger social security payout diminishes some of that concern as it removes some decision-making regarding investments.

Lastly, we considered that current state of the Social Security program.  Will benefits remain the same, get cut or eliminated completely?  We both agreed for now its nothing more than political banter.  The voting block for both Boomer and Gen X is too large and any politician looking to cut or eliminate social security would be committing political suicide.

Conclusion

The beautiful part of marriage is the ability to compromise. While I initially approached this with skepticism and my wife with optimism we met part way. We both liked the use of 10% of our portfolio as a bridge as it brings her satisfaction of less risk but still leaves enough on the table for significant future returns. Those future returns should be enough to fund any long term care my wife may need and still have the ability to leave our children with a decent inheritance.

When I started this process I thought there was no need for a bridge, but after running through different scenarios I have changed my tune. This may be the most affordable route to buying longevity insurance via social security.

Buys and Sells for the Week 11/4

Markets recovered off of October lows and stalled. Guessing we won’t see significant movement until post elections. Here are my trades for the week:

  1. Schwab U.S. Dividend Equity ETF  – increased position – With a P/E ratio of 13.48 I view this as the best way to buy into the market right now. Grabbed 6.86 shares @ $72.86 and a 3.4% yield.
  2. CTO Realty Growth (CTO)  – increased position – SCHD does not include REITs. Grabbed 10.8 shares @ $20.18 and a 7.53% yield
  3. United Parcel Service (UPS)  – increased position – Big brown is my largest position but at this price it doesn’t hurt to add a little more. Grabbed 1 share @ $163.15 and a 3.73% yield.

October Dividend Income

After 35 years of clocking in and out of work and religiously saving at least 10% annually in my 401K every year, my countdown to financial independence is in sight. Each month is a step closer and let’s look at how this past month is getting me there.

For the month of October I made $3672.03; an increase of 10.93% versus this time last year. This is below my 12.5% goal but still acceptable as most of my new and reinvested funds have been buying stocks that payout in the last month of a quarter.

In October I received 3 dividend raises from ABBV, ARCC & PNW.  Together this will add an additional $309.73 to my annual income going forward.  The bulk of that comes from ARCC with their large 11.6% raise.  Looking at next month AT&T will be the big question mark if they are returning to their traditional November timeframe for announcing a dividend raise.

On the home front I spent my time getting the house ready for winter. Only things I have left to do is change the oil in my snow blower and clean my chimney before I startup the woodstove and wait for that first snowfall.  

At work it is time to renew my benefits. Out-of-pocket costs increased 9.16% with a breakdown of each benefit as follows, Medical Insurance +10.45%, Life Insurance +6.1% and Disability Insurance +4.04%. 

One last cool thing I love about this month is it changes my retirement calculator. In my new image at the top of the post the years column went from 5 to 4, it is getting real baby!

DateSymbolCompanyAmount
10/3/22AGRAVANGRID$24.34
10/3/22ALLALLSTATE CORP$5.14
10/3/22DIVOAMPLIFY ETF TR CWP ENHANCED DIV$100.86
10/4/22GRMNGARMIN LTD$77.51
10/4/22IRMIRON MTN INC$500.07
10/4/22KMBKIMBERLY-CLARK CORP$17.37
10/6/22GSKGSK PLC$101.60
10/6/22TUTELUS CORPORATION$56.13
10/7/22MRKMERCK &CO. INC$152.21
10/11/22BBYBEST BUY CO INC$21.38
10/13/22MPWMEDICAL PROPERTIES TRUST INC$208.12
10/14/22AQNALGONQUIN PWR UTILS CORP$338.60
10/14/22KBALKIMBALL INTERNATIONAL INC$2.51
10/14/22LEGLEGGETT &PLATT INC$303.42
10/14/22WPCWP CAREY INC$583.13
10/17/22CPTCAMDEN PROPERTY TRUST$14.42
10/17/22EPREPR PROPERTIES$85.49
10/17/22PKGPACKAGING CORP OF AMERICA$20.15
10/19/22BCEBCE INC$388.63
10/20/22PSECPROSPECT CAP CORP$98.13
10/28/22OGEOGE ENERGY CORP$147.03
10/31/22AMNFARMANINO FOODS DISTINCTION INC$44.10
10/31/22BGSB&G FOODS INC$283.29
10/31/22BNSBANK OF NOVA SCOTIA$37.97
10/31/22NUSIETF SER SOLUTIONS NATIONWIDE NASDQ$15.71
10/31/22M1 FinanceM1 DIVIDEND GROWTH ACCOUNT$44.72

Buys and Sells for the Week 10/21

The air is getting cooler and so are market fears. Here are my trades for the week:

  1. Schwab U.S. Dividend Equity ETF  – increased position – Waiting till Friday did not get me the best price. Grabbed 3.5 shares @ $70.07 and a 3.53% yield.
  2. Pinnacle West Capital Corp. (PNW)  – increased position – PNWs turn this week for a utility buy. Grabbed 1.4 shares @ $62.94 and a 5.4% yield
  3. Realty Income Corp (O)  – increased position – Feels like this stock is always richly priced but taking advantage of this pull back. Grabbed 1.5 shares @ $57.54 and a 5.16% yield.

Buys and Sells for the Week 10/14

Inflation came in a tad bit worse than expected but strong earning reports on Thursday surged the market. Here are my trades for the week:

  1. Schwab U.S. Dividend Equity ETF  – increased position – Best way to buy into this down market is with an ETF. Grabbed 4.4 shares @ $67.94 and a 3.64% yield.
  2. Allete Inc (ALE)  – increased position – Taking advantage of utilities while they are down. Grabbed 1.88 shares @ $47.85 and a 5.43% yield
  3. Realty Income Corp (O)  – increased position – Feels like this stock is always richly priced but taking advantage of this pull back. Grabbed 1.6 shares @ $55.95 and a 5.32% yield.

Revisiting Dividend Growth & Inflation

Some older readers of my blog may remember my old blog site on the wikidot platform (was surprised it is still up by the way) and one of the topics I was extremely focused on back then was dividend growth companies that routinely beat the rate of inflation. I viewed it as such an important topic I even created the Inflation Beaters Index that was based on David Fish’s Dividend Champion list and the end of the year there would be a summary post that looked like this:

I stopped maintaining the index at the end of 2020 because it took quite a bit of effort to maintain and I believe only one fellow blogger outside of myself was actually using the file. As such, when I migrated to the wordpress platform I dropped the topic.

The motivation for pulling his list together was to validate the claims that dividend growth investing is good for combating inflation. At the end of the day the results were just…ok. Not great but no bad either. At the end of 2020 the Dividend Champions list (companies that have grown their dividends for 25+ years consecutively) totaled 138 companies. Out of that only 49 companies (36%) were able to not just raise their dividend but also beat the rate of inflation every year. Needless to say companies whose dividend raises exceed the inflation rate are much more rare.

Going back to that original list, I pulled the top 6 with the longest streaks and updated their streaks. I realize 2022 is not over but if I list the companies most recent raise announcement we can take an educated guess if these companies will remain at the top. With only 2 of 6 having a definitive outlook of raising their dividend more than inflation it doesn’t paint a great picture.

CompanyTickerConsecutive Yrs Inflation Beat thru 20212022 Div Incr.Likelihood of beating 2022 Inflation
McDonald’s Corp.MCD4310.14%Definitely
Johnson & JohnsonJNJ406.60%Unlikely
Medtronic plcMDT387.93%Slim
Automatic Data Proc.ADP0Failed to beat 2021 Inflation
Computer Services Inc.CSVI377.40%Slim
Target Corp.TGT3720%Definitely

By the end of this year I would estimate the list gets viciously cut down to just 16 to 18 companies out of the original 49. Inflation has been brutal this year all around and even dividend growth did not provide a reprieve. However, the raises we did receive did dull the pain some and it is better than the alternative of a dividend cut or freeze.

Buys and Sells for the Week 10/7

Fear is in the streets and short traders are in full swing doing their thing. Here are my trades for the week:

  1. Schwab U.S. Dividend Equity ETF  – increased position – Every week seems to yield a new 52 week low. Grabbed 14 shares @ $67.94 and a 3.64% yield.
  2. CTO Realty Growth (CTO)  – increased position – Continuing to build out my smallest REIT position. Grabbed 10 shares @ $18.68 and a 8.14% yield
  3. Pinnacle West Capital Corp (PNW)  – increased position – Spreading the love and grabbing a utility while prices are down. Grabbed 3 shares @ $66.56 and a 5.11% yield.
  4. Allete Inc. (ALE)  – increased position – Yet another utility down on it’s luck. Grabbed 4 shares @ $49.32 and a 5.27% yield

September Dividend Income

After 35 years of clocking in and out of work and religiously saving at least 10% annually in my 401K every year, my countdown to financial independence is in sight. Each month is a step closer and let’s look at how this past month is getting me there.

For the month of September I made $5719.32; an increase of 10.15% versus this time last year.  This is below my target of 12.5% but expected as NEWT cut back its dividend after the PPP loans were done. While it was a good month for dividends, my portfolio value severely dropped and was at the lowest point year to date as I am down -15.4%.   

In August I received 5 dividend raises from LMT, MSFT, OGE, VZ & WPC.  Together this will add an additional $55.36 to my annual income going forward. Thankfully the dog days of a dividend raise summer are over and raises begin to pick up in September.

On the family front my middle daughter came down with COVID.  She has since recovered but was kind enough to share as I now have COVID as I write this update. Not really feeling up to writing much more so here are the charts:

DateSymbolCompanyAmount
9/1/22ALEALLETE INC162.97
9/1/22CMICUMMINS INC44.75
9/1/22DIVOAMPLIFY ETF TR CWP ENHANCED DIV111.61
9/1/22PNWPINNACLE WEST CAPITAL CORP210.21
9/1/22PSXPHILLIPS 6629.15
9/1/22SJMSMUCKER J M CO19.66
9/1/22UPSUNITED PARCEL SERVICE INC351.10
9/1/22VLOVALERO ENERGY CORP35.28
9/6/22ENBENBRIDGE INC248.25
9/6/22JNJJOHNSON &JOHNSON200.28
9/6/22PFEPFIZER INC240.92
9/6/22SOSOUTHERN CO70.88
9/6/22ULUNILEVER PLC SPON ADR56.40
9/6/22WMTWALMART INC14.75
9/8/22AMGNAMGEN INC11.85
9/8/22DFSDISCOVER FINANCIAL SERVICES15.69
9/8/22MSFTMICROSOFT CORP68.00
9/9/22SNASNAP-ON INC34.17
9/9/22WBAWALGREENS BOOTS ALLIANCE INC71.22
9/12/22CVXCHEVRON CORP23.96
9/12/22IBMINTERNATIONAL BUS MACH CORP156.84
9/12/22MMM3M CO63.12
9/15/22AVAAVISTA CORP149.38
9/15/22EPREPR PROPERTIES85.49
9/15/22FAFFIRST AMERICAN FINANCIAL CORP168.11
9/15/22GMGENERAL MTRS CO13.55
9/15/22NWLNEWELL BRANDS INC25.56
9/15/22OGNORGANON & CO5.75
9/15/22PRUPRUDENTIAL FINANCIAL INC526.71
9/16/22BHBBAR HARBOR BANKSHARES55.72
9/16/22DUKDUKE ENERGY CORP69.43
9/16/22RRYDER SYSTEM INC58.77
9/20/22CMPCOMPASS MINERALS INTERNATIONAL INC28.65
9/21/22PSECPROSPECT CAP CORP98.13
9/22/22QCOMQUALCOMM INC177.49
9/23/22BPBP PLC SPONSORED ADR9.45
9/23/22KHCKRAFT HEINZ CO9.80
9/23/22LMTLOCKHEED MARTIN CORP25.97
9/23/22WMWASTE MANAGEMENT INC46.92
9/26/22NUSIETF SER SOLUTIONS NATIONWIDE NASDQ16.22
9/26/22SCHDSCHWAB US DIVIDEND EQUITY ETF46.12
9/27/22XRMIGLOBAL X FDS S&P 500 RISK27.09
9/27/22XYLDGLOBAL X FDS S&P 500 COVERED69.86
9/29/22BEPBROOKFIELD RENEWABLE PARTNERS280.59
9/29/22BEPCBROOKFIELD RENEWABLE CORP70.08
9/29/22TROWPRICE T ROWE GROUPS25.40
9/30/22ARCCARES CAPITAL CORP563.87
9/30/22AVGOBROADCOM INC8.50
9/30/22CTOCTO RLTY GROWTH INC67.32
9/30/22GATXGATX CORP55.27
9/30/22NEWTNEWTEK BUSINESS SVCS CORP537.50
9/30/22PEPPEPSICO INC61.14
9/30/22WEYSWEYCO GROUP INC26.41
9/30/22M1 FinanceM1 DIVIDEND GROWTH ACCOUNT68.07