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Monthly Dividend Income: October 2014

My favorite post to write each month. :) This is when I get to share all my dividend income for the previous month. These dividends are what I’ll eventually use to live off of when I become financially independent.

I share these figures along with monthly income/expenses to not only track my progress towards financial independence but also to hopefully show others that it is possible to get started with dividend growth investing with a low income. The hardest part is weathering the first few years of small dividend payments and allow the compounding snowball to get rolling.

Here is October’s dividend income from my 3 stock investment accounts: Roth IRA, Loyal3, and Taxable Brokerage. I automatically reinvest all dividends in my Roth and taxable brokerage and selectively reinvest dividends, combining them with fresh capital every month or two, in the Loyal3 account. Note: I recently made the switch to dripping all dividends in my taxable account but due to a broker error, the change didn’t end up taking effect until the beginning of November. Mostly my fault, as I didn’t monitor my portfolio too closely over the month of October.

Roth IRA

Coca-Cola (KO): $4.40-reinvested into .105 shares @ $41.91 per share.

Realty Income (O): $2.89-reinvested into .067 shares @ $42.89 per share.

General Electric (GE): $5.91-reinvested into .233 shares @ $25.38 per share.

Loyal3

Coca-Cola (KO): $8.08

Dr. Pepper Snapple (DPS): $1.38

Taxable Brokerage

Altria (MO): $3.64

Phillip Morris (PM): $22.00

Realty Income (O): $19.96

General Electric (GE): $1.76

October Total: $70.02. As expected, October was a lighter month for dividend income but still managed to increase the amount over last October from $23.99. With two months left in 2014, I’ve now received $696.43 in dividend income and estimated forward 12 month dividends now stands at $1,131.29.

 

Full Disclosure: I am long all stocks mentioned. This post is not intended to be a buy or sell recommendation for any stock mentioned and is for entertainment/educational uses only.

How was your October for dividend income (or portfolio gains for any growth investors)? Share below with a comment and thanks for reading!

Monthly Dividend Income: July 2014

My favorite post to write each month. 🙂 This is when I get to share all my dividend income for the previous month. These dividends are what I’ll eventually use to live off of when I become financially independent.

I share these figures along with monthly income/expenses to not only track my progress towards financial independence but also to hopefully show others that it is possible to get started with dividend growth investing with a low income. The hardest part is weathering the first few years of small dividend payments and allow the compounding snowball to get rolling.

Here is July’s dividend income from my 3 stock investment accounts: Roth IRA, Loyal3, and Taxable Brokerage. I automatically reinvest all dividends in my Roth and selectively reinvest dividends, combining them with fresh capital every month or two, in my other accounts.

Roth IRA

Coca-Cola (KO): $4.37-reinvested into .103 shares @ $42.25 per share.

Realty Income (O): $2.85-reinvested into .062 shares @ $45.49 per share.

General Electric (GE): $5.86-reinvested into .226 shares @ $25.88 per share.

Loyal3

Coca-Cola (KO): $7.31

Taxable Brokerage

Altria (MO): $3.36

Phillip Morris (PM): $5.64

Realty Income (O): $19.92

General Electric (GE): $1.76

July Total: $51.07. As expected July came in a little light compared to previous months. With seven months down I’ve now earned $439.00 so far this year.

 

Full Disclosure: I am long KO, O, GE, MO, and PM. This post is not intended to be a buy or sell recommendation for any stock mentioned and is for entertainment/educational uses only.

How was your July for dividend income (or portfolio gains for any growth investors)? Share below with a comment and thanks for reading!

Monthly Dividend Income: April 2014

My favorite post to write each month. 🙂 This is when I get to share all my dividend income for the previous month. These dividends are what I’ll eventually use to live off of when I become financially independent.

Here is April’s dividend income from my 3 stock investment accounts: Roth IRA, Loyal3, and Taxable Brokerage. I automatically reinvest all dividends in my Roth and selectively reinvest dividends in my other accounts.

Roth IRA

Coca-Cola (KO): $4.33-reinvested into .111 shares @ $38.79 per share.

Realty Income (O): $2.81-reinvested into .067 shares @ $41.67 per share.

General Electric (GE): $5.81-reinvested into .217 shares @ $26.77 per share.

Loyal3

Coca-Cola (KO): $4.56

Taxable Brokerage

Wal-Mart (WMT): $0.96

Altria (MO): $3.36

Philip Morris (PM): $5.64

Realty Income (O): $19.89

General Electric (GE): $1.76

April Total: $49.12. Not nearly as much as last month but still a huge improvement over the $5.85 I received last April. With 1/3 of the year down I’ve received $220.24 which puts me behind in reaching my goal of $1000 this year. I guess I underestimated how much I was going to be able to increase my dividend total this year, huh? 😉 Oh, well, as long as I am making progress.

 

Full Disclosure: I am long KO, O, GE, WMT, MO, and PM. This post is not intended to be a buy or sell recommendation on any stock mentioned and is designed to be used for educational/entertainment purposes only. Only you are responsible for your investing and I always encourage you to conduct your own research prior to investing. Please see my disclaimer page for more information.

How was your April for dividend income? Do you have any dividend income goals you are trying to reach this year?

 

Updating My Potential Buy List: April 2014

Good morning fellow dividend growth investors and personal finance enthusiasts!

Today I’m reviewing some of the stocks on my potential buy list. I recently got my tax refund back so it’s time to go shopping for stocks. 🙂

I’ve broken the list down into two parts, stocks that I already own and would like to add more to, and stocks that would be new additions to my portfolio.

First off, the stocks I currently own and would consider adding to.

Coca-Cola (KO)-As long as KO trades at less than $40 a share, I plan on continuing to dollar cost average using my commission free Loyal3 account.

General Electric (GE)-With a P/E of 17.3 I think GE is trading at fair value and I’d like to add more to position in the stock. With an increased focus on returning to its industrial roots and reducing the size and spinning off portions of its financial arm the company looks to be returning to its former dividend growth blue chip status.

McDonald’s (MCD)-Although shares have popped a little since my last purchase, I’d like to add more on a pullback as I have just a small position. While MCD doesn’t have as much of a margin of safety in the share price as I’d normally like, with a very long-term investing horizon, I feel comfortable paying up a little for a quality stock as I detailed here.

Philip Morris (PM)-Even though the price has rebounded a bit since my last Buy List post, the international tobacco giant continues to trade well below its 52 week highs and currently yields 4.5% at today’s levels.

Target (TGT)-This stock continues to be punished after a weak roll-out in Canada and the data breach during the last holiday shopping season. Like KO, I plan on continuing to dollar cost average into this stock using Loyal3.

Now for stocks that would be new additions to  my portfolio.

Aflac (AFL)-The insurance dividend champion continues to trade at an attractive valuation with a current P/E of just 9.1. With its strong dividend growth rates AFL should make a great long-term holding and also give me some exposure to the financial sector since I recently sold my shares in Powershares Financial Preferred ETF (PGF).

General Mills (GIS)-Man, I so wish I had just bought this when I was starting out and it was trading in the low 40’s. I’m still waiting for a slight pull back before initiating a position as the diversified food company continues to trade at a premium to its historic P/E but with a long-term investing horizon I may consider adding it if it dips below $50.

Kinder Morgan Management (KMR)-I recently purchased KMI in my Roth IRA last month. Rather than adding more to this position I was thinking of adding Kinder Morgan Management. KMR provides a similar yield to Kinder Morgan Partners (KMP), the master limited partnership, and issues stock dividends so you don’t have to worry about dealing with a K-1 come tax time. Once you decide to sell your position, you are given a 1099 just like with regular dividend growth stocks. Since it is structured as an LLC C-Corp it can be held in a retirement account so I’m thinking of adding this to my Roth to shield those future capital gains.

Visa (V)-Wait, what? Isn’t Visa a growth stock, I thought you were a dividend growth investor? 😉 With its low yield (currently less than 1%), it’s easy to look at V as only a growth stock and forget that it now has a 7 year history of raising dividends and a very impressive dividend growth rate as well. It currently sports dividend growth rates of: 40.4% for 1 year, 38.3% for 3 year, and 45.9% for its 5 year average. With shares pulling back below $200 a share recently, off from a 52 week high of $235, Visa looks attractively valued at today’s levels for starting a long-term position.

Full Disclosure: I am long KO, GE, KMI, MCD, PM, TGT, and may initiate long positions in AFL, GIS, KMR, and V over the coming weeks. For a full list of all my holding please visit my portfolio page. As always don’t take anything I post here as a buy or sell recommendation and I highly encourage you to do your own research before investing.

What do you think of these stocks? Do you hold any of these in your portfolio or looking to add them? Let me know in the comments! 🙂

Updating my Potential Buy List

Time to share my current Buy List of dividend growth stocks. These are stocks I have done research on and are on my short list of potential stocks to buy soon. I like to keep such a list to help me narrow down my purchases each month and keep me on track. The stocks listed are separated into two categories, Stocks I Currently Own, and New Stocks.

First, the stocks I currently own that I consider would like to purchase more of at current market prices.

Chevron (CVX)-My original cost basis for the oil major was around $120 a share and it is currently trading below that at $117. The company has paid out growing dividends to shareholders for 26 straight years. The current P/E is 10.61 which compares favorably with its 5 year average of 10.3.

Coca-Cola (KO)-The king of dividend growth stocks. 😉 With a current P/E of 20 I consider KO to be fairly valued and have been accumulating shares using my Loyal3 account recently and plan on continuing to do so as long as the stock remains around $40 a share.

General Electric (GE)-General Electric has been doing all of the right things lately as they continue to recover from the recession and the dividend cut that ensued. The firm has gradually been reducing the size of its financial arm and going back to its industrial conglomerate roots. With over a $200 billion dollar backlog of orders, the company is on track to get back its status as a blue chip dividend payer.

McDonald’s (MCD)-Another stock currently trading at what I consider fair value. While MCD doesn’t have as much of a margin of safety in the share price as I’d normally like, with a very long-term investing horizon, I feel comfortable paying up a little for a quality stock as I detailed here.

Philip Morris (PM)-With 2014 slated to be an investment year for the company, the stock has taken a bit of a hit recently, currently trading 16% below its 52 week high. I originally initiated a position at $89 so I would be thrilled to be able to pick up some more at almost $10 a share less.

Target (TGT)-Between the data breach and not so great start to its expansion in Canada, TGT has taken quite a bit of a hit recently and is now trading 19% below its 52 week high. Although I expect the dividend growth to slow over the short-term due to its recent troubles, I expect TGT to recover and continue to be an excellent long-term holding. Like KO, I plan on continuing to dollar cost average into the stock each month using Loyal3.

Now for stocks that would be new positions for my portfolio.

Aflac (AFL)-While AFL doesn’t have a high starting yield at 2.4% the stock has a great dividend growth rate history with averages of 8.1% and 16.8% for the past 5 and 10 years respectively. The biggest thing the dividend champion has going for it right now is a great valuation with a P/E of just 9.3 which is a discount to both its historical P/E and that of its sector.

General Mills (GIS)-Similar to MCD, General Mills isn’t trading with very much of a margin of safety with a P/E of 18.7, slightly above its 5 year average of 16. I’d really like to add this stock to my portfolio this year but will be waiting for a pullback before I make a purchase.

Kinder Morgan Inc. (KMI)-Kinder Morgan is a company I’ve been reading a lot about recently and wouldn’t mind adding it here at current prices where it currently trading at $31, down from its 52 week high of $41.49. Nice combination of a high starting yield, high dividend growth rate, and an attractive entry point.

 

Full Disclosure: I am long CVX, KO, GE, MCD, PM, TGT. Check out all of my holdings here. This post is meant for educational/entertainment purposes only and should not be considered as a buy or sell recommendation for any stock mentioned.

What do you think of these stocks? Do you hold any of these in your portfolio or looking to add them? Let me know in the comments! 🙂