March 2017 Income Update

March is now behind us and we are looking forward to April.  Its the third month in the quarter and my biggest dividend income month.  I’m still adding new capital and buying solid companies.

I also took advantage of the SNAP IPO and made a cool grand on getting right at when market opened and flipping 1 hr later for $998.51 profit.  I did not try in being greedy and repeating it and just moved on.

March also marked a full month at my new brokerage Merrill Edge and I am extremely happy with how everything turned out.  I highly recommend using them if you have Robinhood and are past the $50,000 portfolio size.

Recent Buys
  • CCP (added 45 shares @ $24.97) 9.12% yield.  Solid Healthcare REIT.
  • DOW (added 15 shares @ $62.98, total 16 shares) 3.22% yield.
  • CSCO (added 50 shares @ $33.84, total 93 shares) 3.08% yield.
  • QCOM (added 15 shares @ $56.49, total 34 shares) 3.22% yield.
  • CVX (added 20 shares @ $108.08, total 21 shares) 4.00% yield.
New Capital

March was a good month financially for me overall.  I finally was able to pay off all the debt I had except for Mortgage with the Tax Refund so starting in April, New Capital should have Nitrous Oxide attached to it as I’m kicking into overdrive for monthly average of at least $6000 by year’s end.

Total new capital for March $4458.98, compared to $566.72 for 2016.

Portfolio Health

Portfolio has been growing nicely with new capital and dividends starting to come in on a weekly basis 🙂

The month ending portfolio balance was $62,284.86, +$7,186.26 from previous month.

Dividends

This is one of my biggest months in dividends payments ever since starting in this journey.  March 2016 dividends was $13.19, March 2017 a staggering $317.10, over 23x growth 🙂  I can definitely say the snowball is growing very nicely.

Dividend Increases

Current dividend growth average for my portfolio is sitting at 7.33%, a little drop from February’s average but still growing which is awesome news.  The growth helped add an extra $44.75 in yearly income.  Nice little raise.

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.

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.

2017 Goals

2017 is finally here and I am more than ready for what it can bring us.   I believe this will be the best year ever in terms of what new skills I have learned.

DGI and Savings

This will be the first full year of Dividend Growth Investing and I can’t wait for what it will produce.  Plowing every possible cent in the brokerage account and making it investable dollars.

The savings average per month in the taxable account last year was $3,137.08 and in 2017, I hope to at least double that.  Goal for 2017 is $6,274.16+ which should translate to $75,289.92 in new capital from savings along, not including rental and side gigs. A hefty goal indeed.

I’m working on a way to publish my portfolio so you can be shown in real time. Stay tuned.

Rental Income

I raised the rent on one of the apartments since it had been a while since I raised it.  Total expected rental income profit per month will be $1,460, $17,520 per year in passive income.  All this extra income will go to brokerage account.

Other Gigs

Credit Card Trade lines should bring in at least ~$10k in additional passive income. Network monitoring for my friend’s office, $125/month, $1,500 per year.

Final Thoughts

My main idea for this blog will be to document my achievements so I can look back and see how much progress was made.   What could I have done better or worse.

Thanks for reading.

– Div Tech Guy