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!

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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