Anyone else realize their dividend income is wildly uneven throughout the year?
I always thought my dividend portfolio was “doing well” until I mapped the income month-by-month.
Turns out my cash flow was way more uneven than I expected.
Example from my latest breakdown:
March: $1,390
June: $1,423
September: $1,501
December: $4,017
But then some months were as low as:
January: $71
April: $61
November: $72
That completely changed how I think about building a dividend portfolio.
So I started focusing more on payout schedules and which holdings actually help smooth out weak months. Monthly payers like O and JEPI made a much bigger difference than I expected.
Now I’m trying to build more consistent monthly cash flow instead of only chasing annual yield.
Curious how everyone else approaches this:
Do you optimize for higher total annual income, or smoother monthly dividend consistency?