Dividend Harvesting Portfolio Week 180: $18,000 Allocated, $1,648.41 In Projected Dividends

Market Overview - The Japanese markets experienced their largest drop since Black Monday 1987, impacting global markets and leading to a significant decline in U.S. futures [1] - The S&P 500 saw a decline of 4.02% at the opening on August 5, closing the week at 5,344.16, recovering to near its previous week's close [1] Dividend Harvesting Portfolio Performance - The Dividend Harvesting Portfolio gained $13.12 in profitability, with an account balance of$21,199.47 after allocating $18,000, resulting in a 17.77$0.15 to $0.08, affecting forward projected annualized dividend income [1][21] - The portfolio generated$19.80 in dividend income for the week, increasing the projected annualized dividend income by $10.20 to$1,648.41 [1][21] Investment Strategy and Adjustments - The portfolio added Alphabet (GOOGL) based on reader suggestions, with GOOGL's recent dividend announcement and potential for future growth [1][16] - Other investments included Blackstone Secured Lending Fund (BXSL), Reaves Utility Income Fund (UTG), Ares Capital (ARCC), PIMCO Dynamic Income Fund (PTY), Starwood Property Trust (STWD), and Rex AI Equity Premium Income ETF (AIPI) [1][16] - The strategy emphasizes diversification, with individual equities representing 39.48% of the portfolio and generating 27.57% of the dividend income [11] Dividend Income Breakdown - The portfolio's dividend income is categorized as follows: - Equities: $456.38 (27.57$427.71 (25.84%) - REITs: $297.27 (17.96$281.04 (16.98%) - BDCs: $193.12 (11.67$1,648.41 in forward dividend income, with a yield of 7.78% [21] - The expectation is for continued growth in dividend income, with potential for significant increases in the coming years due to reinvestment strategies [21]