Dividend Income – October 2018

At the start of every month, I post a report showing the dividends received in my accounts for the previous month. This is always very exciting to see the progress made, and really reveals the true power of compounding using the dividend growth investing strategy!

Dividend income received in October 2018

  • Taxable account: $483.25 – October 2017 was $449.45

Not my best month, but it does show nice progress from last year’s October which I am really happy for!

So far in 2018, I have collected a total dividend income of about $6,913 in my taxable account and my estimated projected annual income is now at around $9,400 !

Hope you all had a great month of October!

I use Personal Capital to track my overall portfolio situation, transactions and dividends.

Dividend Income – September 2018

At the start of every month, I post a report showing the dividends received in my accounts for the previous month. This is always very exciting to see the progress made, and really reveals the true power of compounding using the dividend growth investing strategy!

Dividend income received in September 2018

  • Taxable account: $1,136.85 – September 2017 was $865.35

This is my best month ever, I love seeing the nice progress here compared to the same month in 2017 – about 31% increase since last September dividend income.

So far in 2018, I have collected a total dividend income of about $6,140 in my taxable account and my estimated projected annual income is now at around $9,200 !

Hope you all had a great month of September! Looking forward to read about the dividend growers income since usually September is one of the best paying month for dividends.

I use Personal Capital to track my overall portfolio situation, transactions and dividends.

Dividend Income – August 2018

At the start of every month, I post a report showing the dividends received in my accounts for the previous month. This is always very exciting to see the progress made, and really reveals the true power of compounding using the dividend growth investing strategy! This post shows the grand total, but you can check my dividend income page to see the dividend paid per positions.

Dividend income received in August 2018

  • Taxable account: $617.89 – August 2017 was $455.69

I love seeing the nice progress here compared to 2017 August income!

So far in 2018, I have collected a total dividend income of $5,321 in my taxable account and my estimated projected annual income is now ABOVE the 9K mark at $9,030 !

Looking forward to my September income, I love getting almost everyday notification of dividend stock payouts 🙂

Hope you all had a great month of August!

My dividend page is now updated with above new holdings.

I use Personal Capital to track my overall portfolio situation, transactions and dividends.

Portfolio cleanup: sold NEA, LB and some EMR

Last month, in addition of adding on some positions, I also did a tiny bit of cleanup. My goal was to have a really good look at the least safe or non satisfactory positions in my portfolio. I want to keep only relatively dividend safe stocks – it was a first step in that direction.

These are the 2 positions I removed from my holdings:

LB (L Brands Inc) – The stock price has just been continuing to fall quite a bit. I decided to sell because I do not believe the value is there anymore long term. I do believe there is a great risk of the dividend being impacted (cut?) at some point. I consider my initial purchase of LB was a mistake, I chased the yield and followed others buying it… It’s now sold, I took the loss but feel much better not having to check everyday what’s happening with LB. It took me a while to take the decision to sell though – I need to get better at cutting my loss sooner.

NEA (Nuveen AMT-Free Municipal Income Fund) – I had purchased this muni bond to diversify and to enjoy some tax free income. But I realized that I have a hard time really understanding how they work, and don’t like the almost no growth part (~ negative even) of the proposition. I want to try to focus better on my strategy for this portfolio which is dividend growth investing (DGI).

Trimmed a bit on one position:

EMR: Decided to sell a few shares of this position since it was getting bigger than I had planned for. I took a nice profit on the shares sold. EMR is not a high growth stock in my portfolio and it felt like it was an ok move to do.

Now looking for the next buys – extremely hard with all the high valuations.

Here are the transaction details:

 08/28/18   Sold   31 of LB @ $27.1342
 08/21/18   Sold   170 of NEA @ $12.9323
 08/21/18   Sold   10 of EMR @ $76.5139

My dividend portfolio is updated with above new holdings.

Purchases: UL, LOW, ITW, SJM and CAH

This month of August, I have continued to add slowly on some of my existing holdings and added on a new position with Illinois Tool Works Inc. (ITW).

Overall I keep focusing on adding where I can lower my cost basis and on very dividend safe + high growth stocks:

ITW: is a new position in my portfolio. Dividend paid: 25 years+, 5 year dividend growth rate: 15%, yield: 2.88%, payout ratio: 57%, yield on cost in 5 years: 4.41% – loving these numbers

SJM: decided to add more as it is in my opinion fairly valued right now. Dividend paid: 25 years+, 5 year dividend growth rate: 8.7%, yield: 3.28%, payout ratio: 26%, yield on cost in 5 years: 4.70%

CAH: the stock is trading way less than my original price. Dividend paid: 25 years+, 5 year dividend growth rate: 11.9%, yield: 3.64%, yield on cost in 5 years: 6.20%

LOW: added on this great low yielder/high growth stock. Dividend paid: 25 years+, 5 year dividend growth rate: 21%, yield: 1.77%, payout ratio: 36%, yield on cost in 5 years: 4.18%

UL: added a bit more to grab the fantastic international exposure. Massive company which has been paying dividends since 1984 (even if the payout varies). Relatively safe dividend with a payout ratio of 68%, average growth rate of 8%, a great yield of 3.15%. Based on these numbers – yield on cost in 5 years should be around 4.7%

It’s hard to find great value right now – I may keep on buying some of the above a few more times in September.

 08/22/18   Bought   20 of CAH @ $51.5118
 08/22/18   Bought   16 of SJM @ $106.5052
 08/22/18   Bought   11 of ITW @ $137.5294
 08/22/18   Bought   4 of ITW @ $137.5305
 08/08/18   Bought   15 of ITW @ $139.50
 07/30/18   Bought   12 of LOW @ $98.07
 07/23/18   Bought   20 of UL @ $56.50

My dividend portfolio is updated with above new holdings.

Dividend Income – July 2018

At the start of every month, I post a report showing the dividends received in my accounts for the previous month. This is always very exciting to see the progress made, and really reveals the true power of compounding using the dividend growth investing strategy! This post shows the grand total, but you can check my dividend income page to see the dividend paid per positions.

Dividend income received in July 2018

  • Taxable account: $430.73 – July 2017 was $366.49

January / April / July / October are my worse months for dividend income but I see nice progress here compared to last year income!

So far in 2018, I have collected a total dividend income of $4,704 in my taxable account and my estimated projected annual income is now very close to 9K at $8,982.

My dividend page is now updated with above new holdings.

I use Personal Capital to track my overall portfolio situation, transactions and dividends.

Purchases: UL, JNJ – CMCSA Put Option

This week, I have added on two of my core holdings – JNJ and UL:

 07/16/18   Bought   18 of UL @ $55.50 -1,002.95
 07/16/18   Bought   8 of JNJ @ $126.00 -1,011.95

The above buys should add safety to my portfolio, both recession proof stocks – consumer non-cyclical – long time dividend payers.

About a month ago, I had sold a put option on Comcast stock. The option expired this week with CMCSA stock trading well above the strike price I had of $30. I am now free of obligation for this transaction i.e. I get to keep the proceed of $51.52 i received for selling the put option.

My dividend portfolio is updated with above new holdings.

Dividend Income – June 2018

At the start of every month, I post a report showing the dividends received in my accounts for the previous month. This is always very exciting to see the progress made, and really reveals the true power of compounding using the dividend growth investing strategy! This post shows the grand total, but you can check my dividend income page to see the dividend paid per positions.

Dividend income received in June 2018

  • Taxable account: $1,066.02 – June 2017 was $853.51

YES! This is my first ever month with more than $1,000 in dividends! This is a fantastic increase since last year’s June. I keep on saving and buying – consistency is key – paying myself FIRST! It’s a great feeling to see the numbers growing – with every month passing, I feel I am making a difference for my older myself and family! Thanks to all the dividend growing community for sharing your own paths towards a life full of dividends 🙂

I am very excited for my dividend income during the month of June. Cannot wait for September, December – am I going to pass the $1,100 before the end of the year? I feel like it may be possible – a few more dividend increase announcements, a few more purchases and that should be in the bag!

I hope had a good June dividend payout! Great 4th of July.

Purchases: LOW, SBUX, T, BIP, GPC, PEP, JNJ, PG

Well and the saga continues – buy buy buy was the word in June! 🙂

I keep on continuing to add on where I see value:

PEP, PG, JNJ are core holdings for my portfolio – good value historically – I continue to build these positions.

I have added to SBUX 2 more times in June! (hint also added a few days ago – that’s for July eh eh)… price is too good to pass this opportunity I believe. SBUX is a fantastic company – maybe great growth in China! They announced closure of 150 stores which I take as pruning / weeding out the field to keep the best!

GPC and LOW are new positions for the portfolio:

  • I like the international exposure with Genuine Parts with their past/recent acquisitions of businesses. Outside of the US, they now operate in Canada, Mexico, Australia, New Zealand, Singapore, Indonesia, France, the U.K., Germany, and Poland! Great entry yield and safe payout ratio – there may well be nice growth in the future too.
  • I always try to mix lower yield/high growth dividend stocks with higher yield/slower growth ones – LOW falls into high growth with a 20% plus growth rate (5 years). It is very safe with a payout ratio of about 36% which should keep the dividend safe for many years to come.

Grabbed a few more AT&T (T) since I am rather low in the telco sector. Minimal growth, but great yield. We’ll see…

BIP (Brookfield Infrastructure Partners) is a MLP I am trying to add slowly. Great international diversification – It is directly involved in multiple global infrastructure investments across the globe. Great dividend payer.

What do you think of these purchases?

Here are my latest June additions:

 06/28/18   Bought   20 of PG @ $77.73 -1,558.55
 06/28/18   Bought   9 of JNJ @ $121.86 -1,100.69
 06/28/18   Bought   10 of PEP @ $108.34 -1,087.35
 06/28/18   Bought   20 of SBUX @ $49.40 -991.95
 06/25/18   Bought   22 of GPC @ $92.72 -2,043.79
 06/19/18   Bought   30 of BIP @ $38.87 -1,170.05
 06/13/18   Bought   30 of T @ $33.00 -993.95
 06/13/18   Bought   20 of SBUX @ $56.51 -1,134.15
 06/13/18   Bought   15 of LOW @ $100.60 -1,512.95

My dividend portfolio is updated with above new holdings.

Option Sell Put: CMCSA

It is not very often that I transact stock options. I have sold a handful of options in the last years only and am still quite a beginner. But once in a while, when I don’t mind potentially owning the stock if I were to be assigned a contract of it (100 shares), I don’t mind selling put options.

I sold a put option on Comcast at the $30 strike price expiring on Jul 20. For the sell, I received $51.52 (option premium minus the transaction fee).

  • If the stock ends up above $30 by expiration time, I will get to keep the money received and can move on with no more obligation on this transaction.
  • If under $30, I may be assigned to buy 100 shares of CMCSA. The price paid would then be per share: (100 x $30 + $3.95 [fee] – $51.52) / 100 ~= $29.52 / share . The stock currently trades above the $32 level. If shares I assigned to me – I don’t mind too much: payout ratio is super low which makes the dividend I would receive pretty safe while keeping the stock – selling an option call on it is also an possibility.

The transaction:

 05/24/18   Sold Short   1 CMCSA Jul 20 ’18 $30 Put(CMCSA) @ $0.56 51.52