Wednesday, November 15, 2017

October 2017 Dividends

Hello everyone,

Thanks for stopping by once again. Another month has passed, and it is time to summarize the month gone by. I don't get as excited to review the first month of the quarter (ie, January, April, July, October), as these are usually my lowest paying months. However, it is income all the same, so they must be summarized. Let's get to it.


Taxable Accounts
CompanySymbolDateAmount
Cardinal HealthCAH10/15/2017$10.17
Cisco SystemsCSCO10/25/17$11.02
New ResidentialNRZ10/27/17$19.50
Taxable Accounts Total$40.69
Roth IRA Account
CompanySymbolDateAmount
iShares Large Cap S&P 500IVV10/2/17$14.40
iShares Small Cap S&P 500IJR10/2/17$3.21
Cardinal HealthCAH10/16/17$10.71
W.P. CareyWPC10/16/17$10.05
Roth IRA Account Total$38.37
Overall Dividend Income Total$79.06
Forward 12-month Projected Dividend Income Total
$1,810.87


October 2017 Transactions

There were no transactions for October, as I am continuing to save for the upcoming wedding in June of 2018. The money that is being saved is mostly going into my online savings account, instead of the brokerage accounts for the time being. 

Let's now take a look at the dividend payment history


Month2014201520162017
January$14.38$14.42$70.45
February$49.07$50.38$112.01
March$50.22$52.16$182.28
April$10.83$27.91$64.56
May$46.52$59.42$132.14
June$6.69$47.51$90.97$198.86
July0$18.99$51.37$168.64
August$33.96$50.11$86.07$156.46
September$54.75$55.61$101.70$226.17
October$10.94$14.42$72.53$79.06
November$48.79$50.11$103.31
December$63.55$49.89$168.03


...and in graphical form


Y/Y:
1st month in the quarter as usual gives me the lowest dividend income in the quarter, but income is income, so I won't complain too much. For October 2016, I pulled in $72.53 in dividend income, so that would make it a year over year increase of +9%., which is not exactly the worst. Yeah, I'll take it.


Q/Q:
Here's where it really gets interesting. One quarter ago for July 2017, I earned $168.64 in dividend income. One look at the October 2017 total of $79.06, would rightfully raise some eyebrows, as it represents a decrease from the last quarter of -53.1%.

But wait, let me explain!

The July income included the yearly dividend from the company stock where I work. That payment equaled $72.70.

In addition to that, the July income also included $20.52 from Prospect Capital (PSEC), a company which I have since sold off and reallocated into other companies, which do not pay out a dividend in the first month of the quarter.

Add to that $8.64 paid out by Walt Disney (DIS) which is only paid out every 6 months, not every quarter, and you have a total of $101.86 of the $168.64 which is not part of the quarterly cycle. That leaves $66.84 from July 2017, which is part of the quarterly cycle. That would have resulted in an increase to October 2017 of +18.3%. This is a lot more palatable.

But alas, the numbers are the numbers, regardless, so for the comparison to last quarter, I did see a real substantial decrease. I'll accept it, but I do still realize that I am making progress on those dividends which are on the quarterly cycle.

In conclusion
So I keep chugging along with dividend income for October 2017, which is still increasing on a year over year basis, although the rate of increase is slowing down, as my cash flow is mostly going into savings as opposed to non-401(k) investments to save for the big matrimonial milestone coming up. The important thing, though, is that it is still increasing, and I will take that moving forward.

Thanks for reading once again, and how was your October?

Let me know in the comments below!




Wednesday, October 11, 2017

September 2017 Dividends

Hi everyone,

Another month has passed, and it is time to recap the previous month in dividend income. I am happy to do this, as September of 2017 has resulted in me earning my all-time highest dividend income!

I also eclipsed a pretty nice milestone, which I'll get into later.

I am so looking forward to sharing!

On to the update...


Taxable Accounts
CompanySymbolDateAmount
CumminsCMI9/1/17$8.64
WW GraingerGWW9/1/17$16.64
IntelINTC9/1/17$3.00
L BrandsLB9/1/17$2.40
WalmartWMT9/5/17$1.53
HanesbrandsHBI9/6/17$0.60
TargetTGT9/10/17$38.44
EmersonEMR9/11/17$4.80
Compass MineralsCMP9/15/17$11.52
Flower FoodsFLO9/15/17$20.06
VF CorporationVFC9/18/17$16.80
QualcommQCOM9/20/17$17.67
Prospect CapitalPSEC9/21/17$3.75
QualcommQCOM9/21/17$16.73
Prospect CapitalPSEC9/21/17$16.77
Vanguard High Yield Dividend ETFVYM9/25/17$7.92
Vanguard REIT ETFVNQ9/27/17$5.29
Taxable Accounts Total$192.56
Roth IRA Account
CompanySymbolDateAmount
Vanguard High Yield Dividend ETFVYM9/26/17$22.19
Vanguard Growth ETFVUG9/28/17$3.31
T. Rowe PriceTROW9/29/17$8.11
Roth IRA Account Total$33.61
Overall Dividend Income Total$226.17
Forward 12-month Projected Dividend Income Total
$1,799.89


My September Transactions:
Bought
-Kroger (KR): 6 shares
-Lazard (LAZ): 1 share
-Powershares QQQ ETF (QQQ): 6 shares
-WW Grainger (GWW): 1 share

My buying pace has slowed considerably, since I have started saving for our 2018 wedding, so most of the money is going into a savings account, and the rest is applied toward brokerage accounts.

I am still contributing a regular amount to my Roth IRA, allowing me to purchase shares of QQQ (for more growth exposure). The vast majority of the brokerage money is actually just reinvestment of the dividend money that is coming in.

Hopefully, when much of the newlywed costs are endured, I can resume an increased rate of investment.

Let's take a look at the monthly dividend payment history:


Month2014201520162017
January$14.38$14.42$70.45
February$49.07$50.38$112.01
March$50.22$52.16$182.28
April$10.83$27.91$64.56
May$46.52$59.42$132.14
June$6.69$47.51$90.97$198.86
July0$18.99$51.37$168.64
August$33.96$50.11$86.07$156.46
September$54.75$55.61$101.70$226.17
October$10.94$14.42$72.53
November$48.79$50.11$103.31
December$63.55$49.89$168.03

...and in graphical form




Y/Y:

Clearly the 3rd month each quarter maxes out my income for that period. Not the most even distribution of dividends! For September of 2016, I pulled in a total of $101.70. Since this past month, the total came to $226.17, which would mean that there has been a year-over-year increase of +122.4%! That sounds pretty good to me!

Q/Q:

In the previous quarter for June 2017, my dividend income tallied $198.86, just under $200. This time, as expected, I eclipsed the $200 milestone! With my September 2017 total, there has been a Q/Q increase of +13.7% ! I'd accept a 13+% raise every quarter every time!


In Conclusion:
Once again, I wasn't able to add a lot of fresh capital, as my fresh capital is going into wedding savings. The good news is that there is enough coming in via existing dividends to be able to still contribute substantially to the portfolio, and increase the overall forward 12-month tally.

I wish I could contribute more, but I understand the necessary sacrifice for the wedding and important life events that will follow. What is great is that this machine continue to push along, providing increases in income, even though I am not adding too much fresh capital.

For October, we enter the first month of the next quarter, which will be my lowest amount, but I'll be happy to reinvest the proceeds that will be flowing.

How was your September 2017?  Let me know in the comments!