Dividend Income – April/May 2019

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!

Well this report is actually for both April and May!…

Dividend income received in April 2019

  • Taxable account: $574.29 – April 2018 was $357.11

Dividend income received in May 2019

  • Taxable account: $758.82 – May 2018 was $649.54

So far in 2019, I have collected a total dividend income of about $4,642 in my taxable account and my estimated projected annual income is now at around $10,940. Next milestone in sight $12 K… :)!

I had a few unexpected expenses in the last few months, and did not buy much but planning for that to change next month with more regular purchases. Riding the ups/downs of the market for now, while collecting the dividend income for now!

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

Dividend Income – March 2019

Well it’s been about a few months since my last post / update. I took a few months off – from the blog, but also from work. The family and I took off to experience living in Europe for 4 months – we were in France, Spain and Italy. It was like a mini retirement: to visit places but also to get a real taste of life with only you deciding how to allocate your time!

I learnt a lot about myself overall and also about practical things such renting my place, travel hacks (credit cards related, car rental, booking places to stay..), getting mail remotely, using vpn, using my cell phone, insurance etc… After this, I think the next time we do a mini-retirement it will be easier!

I may write more about this experience to share some tips but for now it’s back to reporting my dividend income for last month. While away, it was definitely comforting to know that the dividends were still coming in – growing our portfolio and also providing some kind insurance with extra money available in case I had budgeted too light. My budget was actually over what it costed us so all dividends received have been re-invested, and the left-over cash I had earmarked as “trip” has been used to buy more shares.

Dividend income received in March 2019

  • Taxable account: $1,440.34March 2018 was $954.49

I had to double (triple) -check this, I cannot believe the difference from last year… that’s almost $490! what?! wow – well I guess most investments I added were in stocks paying in March/June/September/December (which are my top months) and also all these dividend increases worked great… it adds up – yeah so happy to be a dividend investor – loving the compounding magic!

For traceability, the income received in my taxable account during my trip were:

  • December 2018: $1,217.52
  • January 2019: $578.20
  • February 2019: $661.37

So where are we:

  • so far in 2019, I have collected a total dividend income of about $2,680 in my taxable account 
  • my estimated projected annual income is now at $10,806.29

Getting back to work, I am now fired up to save more and invest more! 🙂 Only it’s hard to find great value right now – but I will continue to nibble on. This week I bought additional shares of WBA, WFC, MDT and BLK.

Happy investing everybody!

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

Dividend Income – November 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 November 2018

  • Taxable account: $621.51 – November 2017 was $493.08

I am really happy to see such an improvement compared to last year’s income. 

So far in 2018, I have collected a total dividend income of about $7,206 in my taxable account and my estimated projected annual income is now at around $9,800 ! 

I am getting close to see $10,000 of passive income… cannot wait. Will I see that before the end of the year? … I am working on this (I have done a few transactions already in December). Reaching $10K/year will be a great accomplishment 🙂 !

How was your November’s income? 

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

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.