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!

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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!

April 2017

April was another positive month towards my dividend investment goals. I decided to sell my 18 shares of BXMT for $553.21 after fees. I bought 18 shares of BXMT for 529.74 back in November of 2016 which gives me a profit of $23.74. I turned around and bought 32 shares of NRZ at $17.16/share for $554.07 after fees. The forward dividend for the 18 shares of BXMT was $44.64 while the forward dividend for 32 shares of NRZ is $61.44 or a difference of $16.80.

I added $635.00 to my account which I used to buy 30 more shares of KNOP at $23.64/share for $714.45 after fees. The forward dividend of 30 shares of KNOP comes to $62.00 which means after this month’s purchases my forward yearly dividend is now  $976.34 and my dividend yield is now 9.12%.

The dividend payout for this month was $156.99.  This is a difference of $122.48 over what I received last April. This also tops January’s dividend payout by $40.72. After April the dividend payout for the year is now at $344.87 or $57.91 shy of what I received last year in dividends. This is what we are all here for and seeing increases like this is why I started this adventure. I cannot be any happier with my progress and I continue to look ahead to the future.

Stock # Of Shares Avg Share Price Total Cost Forward Dividend
Sold:
 BXMT  18  31.01  553.21  -$44.64
Bought:
NRZ 32 $17.16 $554.07 $61.44
KNOP 30 $23.65 $714.45 $62.40
Stock Dividend Payout
MAIN $4.63
CIM $55.00
CLDT $5.50
APLE $6.00
BXMT $11.16
UNIT $24.00
DLNG $50.70
Total $156.99

April 2017

Happy trading and see you in retirement!

March 2017

March was an exciting month despite only getting 3 dividend payments since I sold STAG last month which was one of my monthly dividend payers. I have been told March, June, September, and December are the lowest payout months. This is something to keep in mind when I start relying more on my dividend payouts in the coming years.

So what made March exciting was that back in late February the company that I bank and have my 401k with, Fidelity, lowered their commission fees from $7.95 to 4.95 for US stock and options trade. This is one of the lowest around that I have seen except for the broker I was using, Motif Investing, which had to same fee. Even though moving my stocks from Motif to Fidelity cost me $105 in fees ($65 from Motif and $50 Fidelity) I believe this move is highly beneficial in the long run primarily having quick access to my funds. No more waiting 2-3 business days for my funds to transfer from Motif to Fidelity. I have instant access to my dividend payout once they are added to my brokerage account. The same goes if I need to sell stock in an emergency, I do not have to wait 2-3 days for it transfer from Motif to have access to it.

I added $685.00 to my account which allowed me to buy 40 shares of CIM at $19.09 PPS which cost me $768.55 after fees. The dividends from this purchase is $80.00 which brings my yearly dividend to $895.74 and increases my dividend yield to 8.99%. The dividend payout for this month was $16.13. Nowhere close to January’s payout or even February’s but it was an increase of 67.85% over last March’s payout so thatis always a plus. This brings my dividend payout for the year to $187.9.

Stock # Of Shares Avg Share Price Total Cost Forward Dividend
Sold:
Bought:
CIM 40 $19.09 $763.60 $80.00
Stock Dividend Payout
MAIN $4.63
CLDT $5.50
APLE $6.00
Total $16.13

March 2017

Happy trading and see you in retirement!

February 2017

February was an unusual month. I say this because this is the first time since I started dividend investing that I actually did not invest any money into my portfolio. This was a good thing  in my mind because it allowed to look at my portfolio and see what stocks I can sale to get a better investment for my money. The one stock that stood out was Stag Industrial Inc (STAG) not for its dividend of 5.40% but the fact that the stock PPS rose by 34.58% from the avg of $17.76 that I purchased it at. I felt that it would be best for me to sell while the price was high and buy more of lower PPS stock that had the same or better dividend yield.

I was able to sell 40 shares of STAG at $23.90 PPS for a total of $951.02 after fees. I used this cash plus cash I had in my account to buy 60 more shares of DLNG at $16.17 PPS for $970.2. Forward divided from this purchase is $101.40 which increased my yearly forward dividend by $45.40 (subtracting the $56.00 I lost from selling STAG) bringing my total to $815.74. This brings my dividend yield to 8.86%. Not bad if you ask me.

Speaking of dividends, this month dividends came to $55.50. Which is dwarfed by January’s dividend of $116.27 but it is a 480% increase from the dividends from February 2016 but again that was the first month I received dividends from my investments. I expect to have some nice increases this year but I do not expect that to continue going in 2018. So far this year’s dividend has come to $171.77 which is already 42.65% of what I received in 2016. At this rate I should pass last year’s dividend in May or June.

Stock # Of Shares Avg Share Price Total Cost Forward Dividend
Sold:
STAG 40 $23.90 951.02
Bought:
DLNG 60 $16.17 $970.2 $101.40
Stock Dividend Payout
MAIN $4.63
CLDT $5.50
OHI $21.70
STAG $4.67
APLE $6.00
KNOP $13.00
Total $55.50

february-2017

Happy trading and see you in retirement!

January 2017

Whelp, January came and went and at the end of the month I was highly surprised by amount of this month’s payout. I was expecting to get only $90.92 but because DLNG moved its payout date I received $116.27. Looking back at what I received in January 2016, this was an increase of $116.27 because January of last year was my first month of dividend investing thus I had no payouts for that month. I also bought 25 shares of KNOP at $22.15 costing $553.75. Currently, KNOP has a quarterly dividend of 2.08 which gives me a forward dividend of $52.00 bringing my total forward dividend of $770.34. 

 

Stock # Of Shares Avg Share Price Total Cost Forward Dividend
KNOP 25 $22.15 $553.75 $52.00

 

Stock Dividend Payout
BXMT $11.16
CSAL $24.00
MAIN $4.63
APLE 6.00
STAG $4.63
DLNG $25.35
CLDT $24.00
CIM $35.00
Total $116.27

 

january-2017

Happy trading and see you in retirement!