Welcome to our Q2 Dividend Update for the Conservative Retirement Portfolio (March, April, May). This is the “sleep-at-night” account—built for stability, reliable cash flow, and slow compounding over time.

In this episode, we break down the quarter with real numbers and real decisions: what we bought, what changed inside the portfolio, which holdings look overvalued or undervalued, and how we decide when to keep DRIP on vs take dividends in cash.

What we cover in this Q2 update:

• Q2 dividend results (March, April, May) and how they compare to last quarter
• The key reason income came in slightly different quarter-to-quarter (and why we’re not worried)
• Portfolio activity: what we added this quarter (including a new buy)
• A bond-to-stock conversion event  ...