February 2018

Hello everybody. I hope everybody had a wonderful February and the weather was kind to them. I am about two weeks behind on this post so I am going to keep it short and sweet. After holding on to Omega Healthcare Investors Inc. (OHI) for more than a year I decided to sell my shares. The main reason behind this was that OHI had another so so quarter and the market did not like it. This brought up more talks of a dividend cut in the near future so I thought it was best to cut my losses. I sold 35 shares for $25.34/share for a total of $881.95 after fees. I decided to use some of this newly available money plus other funds I had available to buy 25 shares of Centurylink Inc (CTL) for $17.53/share for a total of $448.10, 40 shares of Two Harbors Investment Corp (TWO) for $14.81/share for a total of $597.18 after fees, and 30 shares of Corus Entertainment Inc. (CJREF) for $6.50/share for a total of $199.94 after fees.

After everything is said and done this added $1,245.22 to my portfolio and increased my yearly dividend payout by $64.10 to $1,661.89. February’s dividend payments came to a total of$140.59. This was an increase of $85.09 or 153.32% over February 2017. My current dividend payout for 2018 is $340.44. It took me the first 4 months of 2017 to earn the same amount I earned in the first 2 months of 2018. I cannot be happier with the progress I am making and hope to continue it for years to come. Thank you to everybody who reads my blog and comments.

Stock # Of Shares Avg Share Price Total Forward Dividend
Sold:
 OHI  35  $25.34  $881.95  -$92.40
Bought:
CTL 25 $17.53 $448.10 $54.00
TWO 40 $14.81 $597.18  $75.20
CJREF 30 $6.50 $199.94  $27.30
Stock Dividend Payout
SUN $74.30
KNOP $28.60
OHI $23.10
CJREF $6.24
GLAD $8.35 or .943 shares
Total $140.59

February 2018

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

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2 thoughts on “February 2018

  1. You are off to a great start this year. I’m with you on OHI, the yield has gotten a little high for my risk level, but that is just me. Sucks to lose that passive income, but makes your portfolio a little safer. You are off to a consistent start 2 months down in the triple digits. Keep that pace up!

    Liked by 2 people

    1. Thank you. Slow and steady wins the race like I always say. It does suck that I have lost a passive income but one cannot hold on to a stock and hope it does better while there are other companies out there to buy. My goal is to hit ~$2,000 this year in dividends. I look to be on track!

      Liked by 1 person

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