Saturday, December 3, 2016

November 2016 Dividends

Happy December Everyone,

Here is my monthly report on how I did last month for dividend income. I am happy to report some good progress was made!

See below for the details:

Taxable Accounts
AT&T (T): $13.12
Verizon (VZ): $1.16
Apple (AAPL): $3.99
Abbott Laboratories (ABT): $9.10
Amerigas (APU): $24.48
Prospect Capital (PSEC): $19.43

Taxable Account Total: $71.28

Roth IRA Account
Toronto-Dominion Bank (TD): $9.02
Abbott Laboratories (ABT): $6.54
Omega Healthcare Investors (OHI): $16.47

Roth IRA Account Total: $32.03

Overall Total Dividend Income for November 2016: $103.31

Forward 12-month Projected Dividend Income: $1,341.11



My Thoughts
This is encouraging. Back in September, I was celebrating my first month eclipsing the $100 mark for dividend income in a month. Now I have a 2nd set of months where I have exceeded this mark (February/May/August/November). Also as I peak ahead to December I see a nice bump up in income, telling me that I will be well on my way to the $200 mark soon enough. All very exciting things to find out when reviewing progress. A new addition to the November dividends was Omega Healthcare Investors (OHI), which is a Healthcare REIT, which I added a few months ago, just missing the dividend record date at that time. So in November, I was able to reap the benefits. This payout helped me to eclipse that $100 mark.

Here is my monthly dividend history:

Month201420152016
January$14.38$14.42
February$49.07$50.38
March$50.22$52.16
April$10.83$27.91
May$46.52$59.42
June$6.69$47.51$90.97
July0$18.99$51.37
August$33.96$50.11$86.07
September$54.75$55.61$101.70
October$10.94$14.42$72.53
November$48.79$50.11$103.31
December$63.55$49.89


Looking back on this history, my November dividend income has grown from $48.79 in 2014 to $50.11 in 2015, to $103.31 in 2016. This represents a Y/Y increase of 106%. Not bad at all. Looking back at the last quarter, the Q/Q increase is 20%, which is not bad either. 

Once again, I have been dividend investing for a couple years now, but when I started, I didn't really know what I was doing, and engaged in a lot of yield chasing. Since March of this year, I focused on dividend growth, and learned more about how to do this, and things have really taken off since then, as shown by the graph above. Onward and upward!

How was your November? Let me know in the comments!




Thursday, November 17, 2016

October 2016 Dividends

Greetings folks,

I'm a bit tardy, but I wanted to continue to show my monthly dividend income, to show my progress since starting dividend investing a few years back, and starting a DGI strategy this past March.

See my numbers for October 2016 below:

Taxable Accounts
Viacom (VIAB) -  $3.20
Cardinal Health (CAH) - $6.73
Prospect Capital (PSEC) - $3.75
Cisco Systems (CSCO) - $4.94
New Residential (NRZ) - $17.94

Taxable Account Total: $36.56

Roth IRA Account
iShares Core S&P Small Cap ETF (IJR) - $2.47
iShares Core S&P 500 ETF (IVV) - $12.13
Cardinal Health (CAH) - $5.84
Prospect Capital (PSEC) - $15.53

Roth IRA Account Total: $35.97

Overall Total Dividend Income for October 2016: $72.53

Forward 12-Month Projected Dividend Income: $1,285.97

My Thoughts
Unfortunately the January/April/July/October months are my lowest months for dividend income. I've been meaning to contribute more to the companies that pay in these months, to balance it out with the other months, however, these companies did not have attractive prices for me when the time came to buy. When the prices get more attractive, I may be able to balance it out more.

Just before the Viacom (VIAB) payout, I learned that they had cut their dividend by a whopping 50%!! Even before this, I was having my doubts about this company's viability going forward, as they offer a limited number of  networks, none of which are necessity entertainment options, in my opinion. As a result, I decided to sell my position in Viacom, and re-allocate the money to shares in Target (TGT). Target next pays out in December, and much of my recent buys are for companies that pay out in December, so I am expecting an amazing December when it rolls around. Stay tuned...

Here is my monthly dividend history:


Month201420152016
January$14.38$14.42
February$49.07$50.38
March$50.22$52.16
April$10.83$27.91
May$46.52$59.42
June$6.69$47.51$90.97
July0$18.99$51.37
August$33.96$50.11$86.07
September$54.75$55.61$101.70
October$10.94$14.42$72.53
November$48.79$50.11
December$63.55$49.89

Since starting this dividend investing endeavor, my October dividend income has grown from $10.94 in 2014 to $14.42 in 2015, and jumped to $72.53 in 2016. Indeed, a nice bump this year!

From October 2015, this has been a Y/Y increase of 403%! From July 2016, it is a more modest Q/Q increase of 41%, but still impressive. Each month, I continue to see increases in my dividend income, and it feels good, and it's a nice encouragement to push forward to keep growing that income. My hope is that to accelerate things, I can pick up some additional streams of income and deploy additional cash to invest. I am investigating some possibilities, but in the meantime, happy to monitor my increasing income.

How was your October? Let me know in the comments!



Thursday, October 13, 2016

September 2016 Dividends

Hello people,

I am happy to report my highest dividend month to date! It was a joy to tally up the numbers for September. Take a look below:

Taxable Accounts
Cummins (CMI) - $8.20
Compass Minerals (CMP) - $1.39
Emerson (EMR) - $3.80
Flowers Foods (FLO) - $12.48
Intel (INTC) - $2.86
Prospect Capital - $19.12
Qualcomm (QCOM) - $22.96
Target (TGT) - $1.80
Vanguard REIT ETF (VNQ) - $3.63
Vanguard High Yield Dividend ETF (VYM) - $6.30
Walmart (WMT) - $1.50

Taxable Account Total: $84.04


Roth IRA Account
Vanguard Growth ETF (VUG) - $0.75
Vanguard High Yield Dividend ETF (VYM) - $16.91

Roth IRA Account Total: $17.66

Overall Total Dividend Income for September 2016: $101.70

Forward 12-month Projected Dividend Income: $1,226.88


My Thoughts:
I'm beginning to really like these months: March, June, September, and December. These tend to be the spikes in dividend income, as most of my holdings have payouts in these months. Consequently, the low points in dividend income tend to happen in the months: January, April, July, and October, so next month things should cool off, but it's all about building the dividend income house long-term to be able to cover expenses down the line, but not at the expense of just buying shares of companies just because they pay out in certain months. I'm still paying attention to valuation, and only buying shares of companies that are undervalued or fairly valued. When companies that pay in these lower months become attractive, I will pounce, and eventually even out the various months for dividend payouts.

Per usual, let's take a look at my dividend history

Month201420152016
January$14.38$14.42
February$49.07$50.38
March$50.22$52.16
April$10.83$27.91
May$46.52$59.42
June$6.69$47.51$90.97
July0$18.99$51.37
August$33.96$50.11$86.07
September$54.75$55.61$101.70
October$10.94$14.42
November$48.79$50.11
December$63.55$49.89

Since starting on this dividend investing journey, my September dividend income has gone from $54.75 (2014) to $55.61 (2015) to $101.70 (2016). This is my first ever month above the century mark, $100, so I am very proud!

From last September, this has been a Y/Y increase of 83%. From June 2016, this has been a Q/Q increase of 12%. As long as the numbers keep going up, I know I'm on the right track. One thing to note is that there were some iShares ETF payouts that I was expecting on the last day in September, but unfortunately those did not come through until a couple days after, so they will be counted in next month's report (great to see that my highest dividend total ever could have been even higher!).

On a down note, I realized near the end of September that one of my holdings, Viacom (VIAB) cut their dividend in half. This was actually a company that I became more skeptical of its long-term prospects the more time I owned it, and thought about selling many times. The fact that they cut the dividend in half gave me good reason to really give it a second look to evaluate if I wanted to hold on to it. I decided against it, and sold my position. I still received a dividend in early October, but of course, it was half of what I would have been expecting. With the proceeds from the sale, I decided to purchase more shares of Target (TGT), as it appeared to be most attractive stock on my watch list in terms of valuation, yield, and dividend growth, among other factors. When I write my post for December 2016 dividends, there should be a sizeable jump in the dividend for that month. I am looking forward to counting those dollars!

One thing to remember is that I have been investing in dividend-paying stocks since June 2014, but that was a time of yield-chasing for me, not really knowing what I was doing. I gained some more knowledge about what I was doing, and started with dividend growth investing this past March. Also, at that time, I started paying attention to valuation before buying shares in companies. Knowing this gives me even more pride in what I have been able to accomplish up to this point. I am nowhere near my goal, but I have the confidence to proceed, knowing what has been done, and knowing that I will be continuing this momentum that has been built up.

As I mentioned earlier, there will be a dip in income for October when compared to September, but I expect an increase from the previous quarter (July 2016) and the previous year (October 2015), and those comparisons are what I focus on. Again, when the valuation is right, I can take steps to even out the monthly payouts, but for now, I invest in companies with attractive valuations, as I build up the portfolio amount, and the dividend payments that result.

Thanks for reading, how was your September? Feel free to let me know in the comments.




Wednesday, September 14, 2016

August 2016 Dividends

I'm a bit late on this report, but better late than never. August was a good month, so I'm happy to report on my results.

Taxable Accounts:
Abbott Labs (ABT) - $9.10
Amerigas (APU) - $24.00
Apple (AAPL) - $3.99
AT&T (T) - $13.12
Prospect Capital (PSEC) - $18.97
Verizon (VZ) - $1.13

Taxable Account Total: $70.31

Roth IRA Account:
Abbott Labs (ABT) - $6.50
TD Bank (TD) - $9.26

Roth IRA Total: $15.76

Overall Total Dividend Income for August 2016: $86.07

Forward 12-month Projected Dividend Income: $1,193.07


My Thoughts:
This was a nice bounce-back month for me, as July was the low month of the last quarter. Buying shares of ABT while below $40/share definitely paid off, and it is a joy to see the dividends growing. It was also good to see a TD Bank dividend shortly after starting a position (just before the Ex-Dividend date).

For some perspective, let's take a look at my dividend history:

Month201420152016
January$14.38$14.42
February$49.07$50.38
March$50.22$52.16
April$10.83$27.91
May$46.52$59.42
June$6.69$47.51$90.97
July0$18.99$51.37
August$33.96$50.11$86.07
September$54.75$55.61
October$10.94$14.42
November$48.79$50.11
December$63.55$49.89

Since starting out, my August Dividend Income has gone from $33.96 (2014) to $50.11 (2015) to $86.07 (2016). This represents a Y/Y increase of 71.8% from August 2015 to August 2016. Not too shabby. It's always good to check progress, and see that you are making progress!

Comparing to the previous quarter (May 2016), my dividend income increased from $59.42 to $86.07, which is a 44.9% increase. I definitely like that. More progress!

August was a nice month for dividend income, but I am really looking forward to September, as the March, June, September, December months are my high dividend months for the year. Early projections have me actually exceeding $100 for the first time, and I am excited!

Onward and upward as I continue to make progress in growing my dividend income on the road to financial independence. Part of me wishes that it could come quicker, but I realize that this will take time, and so I'm happy for now plugging away at it each month, and viewing my progress, enjoying the journey.

Thanks for reading, how did you do last month? Feel free to mention below in the comments.