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
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!