Mid-March 2017 Update

February is officially on the books and on to March buying.  Stock market is still roaring higher and I’m still buying it.    Its getting much harder to find stocks to buy in this market.

Recent Buys
  • VFC (added 29 shares at $51.51, total 50 shares), 3.19% yield.
  • PSX (added 4 shares at $77.97, total 5 shares), 3.23% yield.
  • BF.B (added 15 shares at $47.36, total 18 shares) 1.54% yield.

I’m currently looking at TD about possibly starting that position after the hit it took.  Energy is definitely taking a hit in the past couple of weeks, maybe a good time to add to XOM, PSX, CVX.

I’m continuing adding cash to portfolio and letting it sit on the side lines until things become more “manageable” in terms of pricing.

 

February 2017 Income Update

February has been another crazy month.  Lots of steam in still in the engine room and engine refuses to give up.  I continue to buy in this market and looking for values that are still there to be found.  I’m finally done with the move to Merrill Edge from Robinhood and so far the move has been great.

Overall experience has been great and went on a buying spree at the end of February.  Some of my other purchases were covered on the Mid-Feb update.

Recents Buys
  • QCOM (added 12 shares @ $56.715 for a total of 19 shares) -3.74% yield
  • UPS (added 6 shares @ $105.41 for a total of 7 shares) – 3.15% yield
  • KO (added 8 shares @ $41.699 for a total of 41 shares) – 3.55% yield
  • HRL (added 10 shares @ $34.79 for a total of 24 shares) – 1.95% yield
  • DIS (added 2 shares @ $109.64 for a total of 3 shares) – 1.42% yield
  • VFC (added 12 shares @ $52.89 for a total of 21 shares) – 3.14% yield
  • XOM (added 10 shares @ 81.06 for a total of 12 shares) – 3.70% yield
  • TGT (added 33 shares @ 57.95 for a total of 60 shares) – 4.14% yield
Contributions/NEW CAPITAL

New capital for this month was $3,299.45, not as high as I hope to save/invest because I had some unexpected bills that came up.   Its still higher then my average monthly new capital contributions for 2016 by $162.37, thats a success in my book so far.  Thats 2 months down, 10 more to go and plenty of time to recover and achieve the 2017 goals.  New capital for the year is at $10,220.58.

Dividends received

I’m finally starting to have data for 2016 which I can compare to see the growth that is happening across my portfolio.   February 2016, I clocked in $12.70 in dividend income, in 2017, that number jumped to $105.52.  More than 7x in growth.    My goal is to live off this portfolio in the future so I’m racing as fast as I can to continue to put in growths in the charts.

DIVIDEND INCREASES

This was a good month for increases, lots of my holdings increased the dividends bringing in $13.87 in new dividend income for the year 🙂  My portfolio average dividend growth is 8.30%.

Bring on March, we are ready for you.

The portfolio ending balance for February is $55,098.60

Thanks for reading.

Mid-February 2017 Update

January is behind us and on to February, market seems to be cooling off a bit.  Even with the cool off, I am still adding new capital and continuing to buy companies that fit my criteria for future income growth.

Recent Buys

Started the month off by buying several companies that went into to correction mode, I certainly don’t mind.

  • ADP (added 3 shares at $95.74, total 4 shares now) Div Yield: 2.39% (last increase in December for 7.55%)
  • VZ (added 2 shares at $48.42, total 5 shares now) Div Yield: 4.76% (last increase in October for 2.21%)
Other Activity

I have been slow in the purchasing side as I’m the process of doing an ACAT transfer of my brokerage account at Robinhood to Merrill Edge.  Part of the move is that portfolio has crossed the $50,000 mark and will qualify for free trades at Merrill Edge under the platinum Rewards.

Don’t get me wrong, I like Robinhood, but the limitation of just an app is really starting to drag along with the inability to reach support for a reasonable amount of time have set off the my limits.    I will still have an account at RH so I can utilize some of the functions from their Unofficial API which other brokerages don’t provide.

Account transfer should be completed in the next 3-5 business days and I can’t wait, I have been adding a little bit of cash to the freshly started account so it will be ready when the transfer completes.

Thanks for reading

Div Tech Guy 🙂

January 2017 Update

Well, January 2017 is finally on the books, this is the second update in January which highlights the buys that were not covered on the mid-month update and all the new contributions.

The stock market is proving resilient to all the bad news, its good and bad news and regardless, I’ll continue to add and buy while others decided to stay on the sidelines.  The best money is the money that works for you.  Keep Calm and Carry on.

Recent Buys
  • TGT (added 17 shares @ $66 for a total of 27 shares), yielding 3.6%
  • WBA (added 5 shares @ $84 for a total of 6 shares), yielding 1.8%
  • LOW (added 3 shares @ $71.35 for a total of 10 shares), yielding 1.96%
  • GILD (added 8 shares @ $71.60 for a total of 10 shares), yielding 2.63%
  • MO (added 5 shares @ $69.77 for a total of 21 shares), yielding 3.51%
  • VFC (added 3 shares @ $51.58 for a total of 9 shares), yielding 3.26%
  • CSCO (added 8 shares @ $30.20 for a total of 42 shares), yielding 3.47%
Contributions/New Capital

On my goals post, I highlighted how in 2016, I averaged $3,137.08 in new capital and 2017, the goal would be to be able to add new working capital to speed up the process. Well, I’m $6,921.13 which came in from side gigs, rental income profit, selling trade lines and savings from earned income, well over my stated goal and I hope to be able to maintain it throughout the year.

Dividends Received

January 2016, I received a total of $5.47 in dividends and this year, since discovering the power of dividend investing in the Summer of 2016, I have been very aggressively adding new capital to speed up this second income stream which is starting to pay off.  January dividends are clocking in at $52.98,  over 10 times last January.

Dividend Increases

A few holdings that are part of my portfolio announced increases, this is great news as the same shares are earning much more money without me lifting a finger.

  • SPGI – increased 13.89%
  • CINF – increased 4.17%
  • D – increased 7.86%
  • KMB – increased 5.43%
  • O – increased 3.95%
  • ED – increased 2.99%
  • OHI – increased 1.64%
  • EPD – increased 1.23%
Portfolio notes

January kept going up and I thought that there was nothing that could bring the value down for January, but it looks like the forces of gravity are far greater than any Trump Bump and the last few days have been very volatile.

The portfolio briefly touched $50,043.15 on January 25th and is back down to $49,568.14 to finish the month.   Still great growth with new capital that was deployed.

The portfolio finished 2016 with a value of $41,953.73. This means that in the first month of the new year, the portfolio size increased ~17% which is great news if I can maintain this throughout the remaining of the year.

Forward dividends are $1482.70, for 2015, total dividends received was $366.01.  An impressive change. Goal is to be $3,000+ for total dividends received.

1 Month down, 11 more to go 🙂

Thanks for reading.

Mid-January 2017 Update

So far, January has been one of those months where the Stock Market refuses to cool down and that more gasoline is definitely being thrown at it.  Valuations are at insane levels based on the slow growth of the balance sheets.  Needless to say, there are still some gems to be picked out.

Quoting the great Warren Buffet “Time in Market is Better than Timing the Market” is definitely my motto.  Throw as much money as possible into the market and let the growing dividends do the magic.   I still have goals to meet for 2017 and this hot market will not derail it.

Purchases so far in the first half of January.

  • ABBV (additional 22 shares @ $61.28, total count of 28 shares now) – Recently increased the dividends by over 12%.
  • VFC (Initial buy of 6 shares @ $53.60) – Recently increased dividends in December by over 13%.
  • AMGN (Initial buy of 5 shares @ $158) – Increased dividends by 15% this year.
  • MO (additional 4 shares @ $67.30, for a total of 16 shares) – Last increased dividends by 7.96% in September.
  • PM (Initial buy of 5 shares @ $90) – Pays a nice 4.6% and last increased in September by 1.96%.
  • T (additional 5 shares @ $41, total count of 25 shares now) – Last increased dividends by 2.08% like clockwork.

Well, that covers all the buys in first half of January, this brings my portfolio income generating to an average of $138.14 or $1657.68 a year.  See you guys at the next update.

Thanks for reading,

– Div Tech Guy!