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!

Quick review of 2016

I was going to write a long blog post about how last year went for me but instead I am going to keep it short and sweet. My dividend total for 2016 came to $417.12  while my expected forward yearly dividend total is $716.94. My cost basis for 2016 was $8,378.54 which brings my dividend yield to 8.557%  My stock portfolio had a value of $9,091.38 on January 1st. Of course as a dividend investor I am less concern of the rise and fall of stock prices and more concerned about the cash flow and progress of a company which influences their dividend payout and if I am going to invest in them or not. My goal for 2017 is to invest between $7,000-7,500 but right now a lot of stocks are at their 52 week high thanks to the stock market rally that followed the US election. I plan to wait for the right opportunity to buy stocks which means my forward dividend might not reach as high as I would like but my goal is to at least get to $1,000.

Here is my 2016 dividend monthly payout. As you can see my monthly payout grew nicely as the year went on. I would like to see most of my payouts hit between $50 and $100 a month by the end of 2017. We shall see.

2016-dividends