January 2018

Did anybody see where January went? While the first week or so of January was slowly thanks in part of it being single digits if not below zero somedays and that just makes the days go by slow, the last half of the month just disappeared. Other than that it was a great month for my investment portfolio. I bought 25 more shares of SUN for $30.75 a share for a total of $773.70 after fees. This added $82.50 to my annual dividend increasing it to $1,597. This brings my average monthly dividend payout too $133.08 or almost enough to pay for my electric and internet bills which usually come to around $140 a month. The other stock I bought was more of a speculative investment than anything else. There is a company called Workhorse Group Inc (WKHS) that plans on releasing “hybrid” pickup trucks by the 4th quarter and I believe if they can do this their stock will pop seeing that they will be one of the first companies to get an PHEV/BEV/EV pickup truck to market. I bought 50 shares of their stock for $2.85 a share for a total of $147.40. This stock does not pay dividends so I do not plan to add it to my portfolio.

Dividends this month, while less than October’s payout of $254.52, blew last January’s payout out of the water by $83.58, an increase of 71.88% year over year. While I mention how much money I want to invest into my portfolio this year in my last blog post, I forgot to mention that I am aiming for $2,000 in dividends this year. Which is $880 more than I got last year. I should meet this goal as long as I keep to my investing goals. With that said I already banked $199.85 so for leaving me with $1800.15 to go. How did everybody else do last month?

Stock # Of Shares Avg Share Price Total Forward Dividend
Sold:
Bought:
SUN 25 $30.75 $773.70 $82.50
WKHS 50 $2.85 $147.40
Stock Dividend Payout
CIM $62.50
NRZ $62.50
UNIT $60.00
CJREF $6.56
GLAD $8.29 or .89 shares
Total $199.85

January 2018

As always, Happy dividend investing and see everybody in retirement!

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2017 in review and look ahead to 2018

The Good

So 2017 was a great year compared to 2016 in many ways. Like I said in my December dividend post , one of the biggest improvements from 2016 to 2017 was the amount of dividend I received in 2017.  In 2016 I received only $402.78 in dividends while in 2017 I received $1,121.96. This was an increase of 178.55% or $719.18. The biggest reason for this was because 2017 was the first full year of receiving dividends compared to 2016.  Just to show you the difference, for the first five months of  2016 I received $121.06 in dividends while in January 2017 alone I received $116.27. I added about $6,100 to my portfolio which included reinvesting most of the dividends of received in 2017. This means I have invested a total of $14,158.13 not including fees. While this is a positive no matter how you look at it was about $2,000 short of what I wanted to invest into my portfolio this year. I will talk more about this later. I ended the year with a forward dividend of $1512.35 which was 120.39% or $864.78  I do not expect to continue to see such a huge increase in dividends YOY but would like to see 50-75% for 2018 at least.

The Bad

I made some mistakes this year. One of them was waiting too long to sell stock for a profit or before I lost to much with a stock. While short term stock trading is not something that dividend investors normally do but when it is done it is usually for a few reasons, profits or the risk of a dividend being cut or eliminated. At one point, my portfolio was up about $600 and now I am about $600 in the red. While I am not too worried about this in the short term I could have used this to average down on some of the stocks I have. I will talk more about this in the next section. Another bad was that I did not invest as much money as I wanted too. Like I mentioned earlier, I was about $2,000 short of my goal. Some of this was one time costs like paying back my job for 2 classes I either dropped or failed and paying more than I intended to for the trip I took last summer. While I do not regret taking this trip, some things like buying new luggage, splurging on business class tickets, and eating out a lot did take away money that I can otherwise have invested  into my portfolio.

Looking forward to 2018

Every year I am learning more and more about investing, about the companies I have invested in and the companies out there I can invest in, and what I can do better. One of the goals I want to meet is investing in at least $9,000. That includes at least $650 a month and $1200 of the dividends I receive in 2018. This is a bold goal mainly because it will be the highest amount I have invested by at least $900. This will be a hard goal to reach but if I continue to live fugal as much as possible while working extra hours, I should be able to reach the goal with no problem. Another goal is to increase my forward dividend by at least $900. This would be only about $35 more than what my forward dividend increased by in 2017. Another goal is to diverse a little bit more while still having REITs make up about 45-50% of my portfolio. REITS in my portfolio will come and go causing volatility so having stocks that have lower dividend yield thus more stability will add some stability to my dividend yield YOY. My dividend yield right now is 10.68% I would like to be closer to 8.00%  While not really a goal, one of the things I want to do more of is keep a closer eye on the charts of the stocks in my portfolio and set stop losses so that I am not caught off guard by a stock taken a 10 or 20% price retraction. I know it is a risk of selling to try to buy in at a lower price, this is why I plan on selling between 25-50% of a stock at a time.  

Thanks for everybody who has been following my progress the last 2 years. Keep up the feedbacks because they not only help me write better posts but also help me buy better stocks. I plan on doing a midterm update to see if I am keeping on track with my goals and if I need to update any of them. Until then, happy trading and I will see everybody in retirement!

December 2017

With the celebration of the new years brings to a closes another year and year two of my dividend investment journey. Before I talk about the past year and what I plan on doing in 2018, let’s talk about December and how it turned out to be an exciting month. I bought 50 shares of CJREF at $9.07/share for a total of $458.37 after fees. This adds $45.50 to my forward dividend. I thought this would be it for the year but the Friday before Christmas I decided to sell my 150 shares of DLNG. The last 2 quarters were not great for DLNG revenue which has led to talks of a dividend cut or freeze by many and the decrease of stock price. I decided that this would be the best time to sell my shares of DLNG before it hits single digits and especially if I was going to claim any loses on my tax-return coming up. I sold all my shares for an average of $11.34/share for a total of $1,690.83 after fees. This decreased my annual dividend by $253.40. In total I paid $2,289.30 for the shares of DLNG and received $240.84 in dividends. After everything was said and done, I lost $357.63 from the sale. While I am not happy with this, I think I made the right choice and will add DLNG back to  my watch list to see what it does in the future.

With this available funds now at my disposal I decided to add 50 more shares of CJREF at $9.12/share for a total of $460.95 and $45.50 to my forward dividend, 25 shares of CTL for $17.24/share for a total of $435.95 and $54.00 to my forward dividend, and 25 shares of SUN for $28.32/share for a total of $712.95 and $82.50 to my forward dividend. I was left with $80.98 and my forward dividend decreased by $26.00 bringing it to $1,512.35. For the month of December I received $27.00 from the CTL I bought last month, $8.23 from GLAD that was DRIP for .878 shares, and $3.77 from CJREF that I bought in the beginning of the month. This brings this month’s total to $38.43 before drip. This was a 183.62% increase over September and a 14.99% increase over December 2016.  For 2017, I received $1121.39 in dividends which is a YOY increase of 178.41%.  (Side note: Because CJREF is a Canadian company, $.57 in taxes was automatically deducted from my account.  I do not mind this because either I pay it now or pay it when I file my taxes.)

Stock # Of Shares Avg Share Price Total Forward Dividend
Sold:
 DLNG  150  $11.34  $1690.83  -$253.40
Bought:
CJREF 100 $9.095 $919.32 $91.00
CTL 25 $17.24 $435.95 $54.00
SUN 25 $28.32 $712.95 $82.50
Stock Dividend Payout
CTL $27.00
CJREF $3.77
GLAD $8.23 or .878 shares
Total $39.00

December 2017 Dividends

As always, Happy dividend investing and see everybody in retirement!

November 2017

I hope all my followers and readers had a great Thanksgiving. This was the first time in awhile that I had off for Thanksgiving and so I spent it with some friends which was nice. November was a quiet month in regards to buying shares because of how much money I put into my portfolio in October on top of buying some new winter clothes and stuff for the house thus I didn’t plan on adding much to my portfolio in November. As of 12/5/17, we are coming into a close of the 1st week of December with 20 days left until Christmas and 26 days left until the New Years. It has been a great year for my portfolio and I plan on talking more about it in my December post(s) and what I like to do in 2018.

When some of the dividends I received in November plus some funds I added to my portfolio, I bought 10 more shares of CTL at $14.72/share for a total of $152.15 including fees. This increased my forward dividend by $21.60 which brings my annual dividend as of November 31st to $1,537.62. A quick note on CTL. CTL is a company that has been having some financial problems for some time now and so Mr. Market has given buyers like myself the opportunity to buy shares of CTL at a 55% discount from CTL’s year high of $26.11. While one has to play it safe investing in companies that have not been doing great the last few quarters, years because of the risk of a dividend cut or suspension, I believe now that CTL and Level 3 have merged we should see CTL turn around in 2018 financially and thus making investing in it now a worthwhile opportunity. I will be watching CTL over next few months to see about increasing or decreasing the holding I have with it.

Dividends for November were not like October but they were not as bad as September. I made a total of $92.54 in dividends. I received $22.75 from OHI, $28.60 from KNOP and $33.02 from SUN and .831 shares for dripping GLAD. This is an increase of  43.36% over August and a 93.23% YoY increase. This brings my dividend total for the year to $1,082.98 which is 168.88% more than I received in all of 2016. Thanks to CTL, I will hit $1,100 by the end of the year.

Stock # Of Shares Avg Share Price Total Cost Forward Dividend
Sold:
Bought:
CTL 10 $14.72 $152.15 $21.60
Stock Dividend Payout
OHI $22.75
KNOP $28.60
SUN $33.02
GLAD $8.17 or .831 shares
Total $92.54

November 2017 Dividends

As always, Happy dividend investing and see everybody in retirement!

October 2017

WOW!!! That is the best way to explain October. Not only did I set a new dividend high for a month but I also bought a few stocks, sold a stock, and continue to watch Mr. Market play with my emotions. Never stock trade if you cannot keep your emotions in check. I have spent the better part of the year watching my stocks go more and more into red.  As you all know this means great buying opportunities for somebody like myself who is a dividend investor. My only issue is I never seem to have dry powder when I need it. Hopefully, everybody else is doing better than I am.

With that said, I believed it was a good time to sell one of the stocks I have had for over a year, CLDT. The stock’s PPS dropped and so I waited to see about either averaging down, dripping, or sell. I decided that it would be best to allocate the funds into a different stock and so I sold my 50 shares for $1052.51 for a loss of $63.59. This decreased my forward annual dividend by $66. Thankfully though because of dividend payments I at least broke even if not came out ahead. With dry funds already in my portfolio, dividends come in, and outside funds I bought a few stocks. I decided to buy 15 more shares of CIM at an average of $19.10/share for $291.45 after fees, started a new position with SUN and bought 40 shares at an average of $31.256/share for $1,260.14 after fees, and started another new position with CTL and bought 40 shares at an average of $18.57/share for $747.75 after fees. The forward dividend from these three purchases comes to $248.4 which brings my total forward dividend to $1,517.50.

As I said in the beginning, I set a new record in October for the most dividends received in one month. I received a total of $254.52 but because I am dripping one of my stocks, GLAD, cash total came to $246.41 and new shares came to 0.831. I received $55.00 from CIM, $62.50 from NRZ, $60.00 from UNIT, and $63.38 from DLNG and $5.53 from CLDT .  This was a $61.09 or 31.58% increase over July and a whopping $178.63 or 235.38% increase over last October. I have made $990.44 in dividends so far and have 2 more months to go. I I will hit $1,100 by years end but not $1,200 like I want. So far my stocks are doing what I want them to do and I will continue to watch for more buying opportunities.

Stock # Of Shares Avg Share Price Total Cost Forward Dividend
Sold:
 CLDT  50  $21.15  $1052.51  -$66.00
Bought:
CIM 15 $19.10 $291.45 $30.00
SUN 40 $31.256 $1260.14 $132.00
CTL 40 $18.57 $747.75 $86.4
Stock Dividend Payout
CIM $55.00
NRZ $62.50
UNIT $60.00
DLNG $63.38
CLDT $5.53
GLAD .831 shares
Total $246.41

October 2017 Dividends

 

As always, Happy dividend investing and see everybody in retirement!

September 2017

And then there were three. Three months until 2017 is done and 2018 is here. I do not know about you but I am glad that September is over because if you own any shares of UNIT you know what I mean. The price of UNIT started to drop at the end of July from a high of $26.39 to a low of $14.66 at the end of September but of course I bought on the way down thinking it was going to go up but here we are more than a week into October and Bulls and Bears are still fighting over which direction the price should go. Let’s just say my portfolio is in the red.

For people who have not been keeping tabs on UNIT and what is going on here is a quick run down. Windstream Holdings (WIN) is a telecom provider in the US who back in 2015 decided to move some of its assets into a separate company called Communications Sales & Leasing (CSAL). It did this to try to reorganized its books and try to cut down on costs and try to make profit. Well, move ahead 2 years and WIN this summer decided to cancel its dividend for the time being because it was still having trouble making a profit while at the same time wanting to start paying off notes that will be maturing soon.

So of course this was not taken likely by investors and Mr. Market and so people were selling their shares and financial groups were downgrading WINs ratings from buy/hold to hold/sell and also downgrading its credit rating. What does this have to do with CSAL now UNIT you might ask? Well, a master lease was formed between WIN and UNIT that for at least the next 15 years WIN would lease assets from UNIT and in return pay UNIT $650M a year. The problem for UNIT is that when it was formed WIN was its only customer thus it relied heavily on WIN. As of 2Q2017 UNIT has been able to acquire a few companies and inked some contracts with a few customers cutting its dependence on WIN down to 70%.

So because of WIN’s financial issue and how its ratings have been cut this carried over to UNIT which caused people question its ability to make a profit and continue to cover its dividend thus people start to sell/short UNIT and it also had it ratings lowered which caused it to lose almost half its share price in about 2 months. Not to mention about midway through September one of WINs bondholders said that WIN was in breach of its contract because it created UNIT thus said its bond was in default. This didn’t help either company’s stock price. The company that made this claim is Aurelius Capital Management which many call a vulture hedge fund because of the tactics it uses.  Thankfully a ruling said that UNIT did not breach its contract. If you want more information on this here is a great article written about it: (https://seekingalpha.com/article/4111368-uniti-group-facts-behind-action). So hopefully UNIT PPS will start heading back up soon. Many believe that a good 3rd quarter reporting and UNIT not decreasing or canceling its dividend would be the catalyst it needs.

So as I said, as the the price of UNIT was going down I was buying shares to average down my holdings in UNIT. At the end of the day I bought a total of 45 shares of UNIT at the average price of  $17.50/share with a total cost of $797.55 after fees. This brought my average down to $20.67 from $23.26. 45 shares of UNIT increased my forward annual dividend by $108. This brings my yearly dividend to $1330.82 or $332.71 a quarter or $110.90 a month on average. Not bad at all.

I decided to DRIP my GLAD stock because the monthly payments I am getting from it almost equal the cost of one share of GLAD so I thought this would be an easy way to increase my shares of GLAD witout it really costing me anything. This caused this month’s dividend payment to be only 5.50 thanks to CLDT but I also got .858 shares of GLAD. Other than my first month of dividend investment which was January 2016, this month was my lowest month in dividend payments. I need to look for stocks that pay dividends on the 3rd, 6th, 9th, and 12th month of the year to help get this back up to a more reasonable number.

Happy trading and see you in retirement!

Stock # Of Shares Avg Share Price Total Cost Forward Dividend
Bought:
UNIT 20 $18.77 $375.40 $48.00
UNIT 25 $16.49 $412.25 $60.00
Total 45 $17.50 $787.65 $108.00
Stock Dividend Payout
GLAD .858 shares
CLDT $5.50
Total $5.50

September 2017 Dividends

August 2017

It is now September. I cannot believe the year is almost over but I am glad this part of the year is here because I love the fall. August was fun because I finally was able to take a needed vacation to Oregon and hang out with some friends for a week. Again, I recommend people take a vacation at least once a year. I think starting next year I am taken a vacation every 6 months even if I do not do anything but stay home and be lazy. The ability to forget everything and do whatever you want helps with relieving built up stress.

August was also a fun month because I had to sell my shares in New Senior Investment Group (SNR) that I bought two month prior when I sold MAIN. I bought SNR at $9.54 a share and at one point got as high as $10.46 a share before taken a dive to the low $9.00 range in early August after its second quarter numbers came out. I personally had no problems with SNR second quarter results but I guess everybody else didn’t like them and decided it was a good time to sell.

I was about to sell my shares of SNR at $9.40 a share for $935.05 after fees. This was only a $18.95 loss but could have been bigger if I didn’t sell in time. Anyways, I decided  to take that funds and some other available funds and by 50 shares of NRZ at $16.84 a share for $846.95 and 15 shares of UNIT at $22.79 a share for $341.85.  100 share of SNR gave me a forward dividend of $158 while 50 shares of NRZ and 15 shares of UNIT only gives me $136. So I lost $22 in forward dividend on that move.  This brings my current forward dividend to $1,222.10 and my dividend yield to 9.96%.

August dividend payout came to $64.55. While this is a increase of ~76.90% over August of  2016 this was a decrease of ~15.93% over May of this year or a difference of $10.28. The reason why I am not worried about that is because I have sold and bought shares that have different dividend payout months and so that $10.28 got shifted to another month. With this month’s dividend payout my year to date dividend payout comes to $722.38. I have now made $319.60 more than I did last year and we still have 4 more months to go this year. This brings me only $277.63 to my goal of making $1,000 this year in dividends.

Happy trading and see you in retirement!

Stock # Of Shares Avg Share Price Total Cost Forward Dividend
Sold:
 SNR  100  $9.40  $935.05  -$158
Bought:
NRZ 50 $16.84 $846.95 $100.00
UNIT 15 $22.79 $346.80 $36.00
Stock Dividend Payout
CLDT $5.50
OHI $22.40
GLAD $8.05
KNOP $28.60
Total $64.55

August 2017 Dividends

July 2017

This is the second time this year that I did not deposit any funds into my investment portfolio. The main reason for this is that I am going on vacation at the end of August and so most of my extra cash is going towards that. This is something I recommend everybody to do so that they are able to get away from the stress in life and enjoy oneself. Not being about to deposit funds into my account got me thinking about what I can do to make extra money for my portfolio and I am leaning towards creating a professional blog.

I plan on having ads on my blog and to attract readers I plan on having posts that not only cover dividend investing but such things as living a frugal life, being a college student in his mid 30s, and other things that interest me. Nothing is concrete yet but I would like to get things going and start it up hopefully by the end of the year if not the beginning of next year. Stay tune for updates on that.

As you have read I did not deposit any funds into my portfolio this month nor did I buy or sell any stock. July would have been a very quiet month if it wasn’t for receiving dividends throughout the month. July set a new record of the amount of dividends I received in one month coming in at $193.43. This is a y/y increase of 213.30% and an increase of 22.82% from April of this year. This increase was due to investing in DLNG and NRZ over the last three months. This brings my dividend payout for the year so far to $657.83.  I am only off by about $342.00 to reach $1,000 in dividend payout this year. I should have no problem reaching but I do not think I am going to see $1200 for the year.

Happy trading and see you in retirement!

Stock Dividend Payout
CIM $55.00
GLAD $8.05
CLDT $5.50
NRZ $37.50
UNIT $24.00
DLNG $63.38
Total $193.43

July 2017 Dividends

June 2017

Good day everybody. Here is hoping June was good to everybody? June for me was a good month all and all. I finally sold off the remaining 25 shares I had in MAIN for $948.80 after fees.  MAIN was one of the first stocks I bought when I started my portfolio back in January 2016 when shares were in the high 20s and because of this I was able to make $218.92 in profits when I sold my remaining shares. Main is one of those companies that should be in everybody’s portfolio and I am looking forward to adding it back down the road.

With the funds I got from MAIN and some dry powder I was able to buy 100 shares of SNR at $9.54 a share for $958.95 after fees. MAIN’s yearly dividend was $69.00 but 100 shares of SNR adds $104 to my forward dividend which is an increase of $35 over MAIN.  Just like the last few months I have not been working as much because of school and so I only deposited $450 in my account for June. This was enough though to add 30 more shares of DLNG to my portfolio while the oil sector stocks were taken a price hit. I was able to pick up 30 shares of DLNG for $14.80 a share for a cost of 448.95 after fees. This brings my forward dividend payout for DLNG to $253.5 which brings my forward dividend for my portfolio to $1188.70.

June is one of the low paying months for me but because I was able to buy SNR before the ex-dividend which was after MAIN’s ex-dividend this month’s payout came to $44.18. While this was about $30 dollars less than what I got in May it was ~173.90% more than what I got in March of this year but funny enough only about ~18.76% more than what I got last June. This brings my dividend payout for the year so far to $464.40. I do not know if I will break $1000 but I will keep on pushing forward in hopes that I do. Until next time, Happy trading and see you in retirement!

Stock # Of Shares Avg Share Price Total Cost Forward Dividend
Sold:
 Main  25  38.15  $948.80  -$69.00
Bought:
SNR 100 $9.54 $958.95 $104.00
DLNG 30 $14.80 $448.95 $50.70
Stock Dividend Payout
MAIN $4.63
GLAD $8.05
CLDT $5.50
SNR $26.00
Total $44.18

June 2017

 

May 2017

May was a hectic month to say the least. I went into May with my account in the green and left May down a few hundred dollars. I decided to sell my 60 shares of APLE so that I can get a better dividend yield with a different stock. I decided on GLAD which is also a monthly dividend payer like APLE. I was able to sell all my shares of APLE for $1,129.05 after fees and buy 115 shares of GLAD at $9.84/share for $1,136.55. I had to use some free crash to make up the difference. This trade increased my forward dividend by $24.60.

I also decided while stocks are down to buy more shares of NRZ. I was not able to deposit my normal monthly $635 and was only able to deposit $400 which caused me to eat into my savings a little to make the difference up. I bought 43 shares of NRZ at $15.80/share for a total of $684.35 after fees. The forward dividend from this purchase is $82.56 which brings my yearly dividend to $1,244.69.

I was caught by surprised this month. I did not think I was going to get any dividend payment from GLAD but I guess I bought it just in time. May’s dividends came to $74.83. Which is an increase of 134.8% from February’s $55.50 and a 265.4% increase over last May. This brings this year’s running total to $420.22 which is $17.44 more than I made all last year. At this rate I am easily going to eclipse $1,000 for 2017.

Stock # Of Shares Avg Share Price Total Cost Forward Dividend
Sold:
 APLE  60  18.90  $1129.05  -$72.00
Bought:
NRZ 43 $15.80 $684.35 $82.56
GLAD 115 $9.84 $1136.55 $96.60
Stock Dividend Payout
MAIN $4.63
GLAD $8.05
CLDT $5.50
APLE $6.00
OHI $22.05
KNOP $28.06
Total $74.83

May 2017

Happy trading and see you in retirement!