Saturday, September 13, 2014

August 2014 Dividends

It is almost the middle of September and I am finally getting around to posting last month's dividends.  Boy does time fly when you go to work Monday-Friday and then spend time with your family in the evenings.  Once the weekend hits we try to do something fun on Saturday and then Sunday is church and catch up.  Sometimes I do miss the days when I was actually bored and had to think of things to do.  If I had taken that time in my youth when I was bored and read about dividend investing and saving money things would be different now.  The earlier you start investing the better off you are in the long run.  Time is an investors best friend.




So there are the numbers.  Another good month for the IRA with $136 dollars of income I can't touch until much later in life.  I am still including it as seeing those dividends grow is a morale booster for me.  My IRA is about 4 times the size of my taxable account so it will always outpace the one I hold at www.sharebuilder.com.

Regarding the taxable account I still debate if I should include that on my income statement.  I have it automatically reinvesting right back into the same companies that pay them out.  I never see that money but just an ever increasing number of shares.  What do you think?  Should I include it?  In August I did add COP so that will boost it by $8 bucks a quarter down the road.  For now it produced a whopping $26.27.  That is enough to take the family to McDonald's for dinner.  I WILL TAKE IT!

Well I am off to go make some waffles and bacon for breakfast for the family and I.  Have a good weekend!

Full Disclosure: Long on COP

15 comments:

  1. Good progress. It looks like September might be a repeat of June given that dividends are pay during those quarterly months.

    ReplyDelete
    Replies
    1. Hey Henry. Yeah getting stable payments is nice. I do need to work on my dividend ladder some more. Once I buy into more companies and diversify it should smooth out further. Thanks for stopping by.
      DFG

      Delete
  2. Sigh... waffles! ;)

    Great progress so far this year. Over $150 is nothing to sneeze at! Can't wait to receive that amount each month myself.

    Keep at it,
    NMW

    ReplyDelete
    Replies
    1. Thanks NMW. Since most of that is in my IRA I won't be able to use it for early retirement. Guess that gives it more time to grow!

      Delete
  3. Hi DFG,
    Congrats on a great month - the increase in taxable between May and August is nice!

    I'd vote you include the taxable dividend payments in your income; even if you are re-investing them. Money is fungible, it really doesn't matter if you chose to re-invest the dividends, put the money towards other stocks or spend it on a family meal...it's still income.

    I look at dividend income as money that allows me to buy more shares than I would otherwise, so for me it's income.

    What's your concern about the unequal monthly dividends? I went through that line of thought when I started investing. But trying to smooth your dividend income out via stocks that pay dividends on a particular schedule will just restrict your purchases / stock selection too much e.g. "let me find a great dividend paying champion that has a Feb dividend payment".

    Instead you could perhaps draw the chart as a cumulative chart to avoid a direct month to month comparison, or else calculate a three month rolling average which will smooth the income out and not restrict your stock selections.

    Best wishes,
    -DL

    ReplyDelete
    Replies
    1. Hey DL. Thanks for the tips and feedback. What you say makes sense and most likely as the number of companies in my portfolio grows the smoother it will become as well.

      Delete
  4. Nice work here, and always include all your dividends, reinvested or not. The reason being that if you were to rely on them for a stream of income, you could simply turn off the reinvestment and collect the cash. Looking forward to seeing future updates from you!

    ReplyDelete
    Replies
    1. Good point Writing2Reality. That is why I enjoy the blog world. Get to talk to and get feedback from people with similar interests. Thanks!

      Delete
  5. Thanks for sharing your most recent monthly dividend income update with us. Of course, September is always a big month for most dividend investors and I know we all love reporting the quarterly months. I always enjoy dividend income updates and well over $100 for an IRA account translates to a nice mark for yearly passive income.

    ReplyDelete
    Replies
    1. I think I enjoy my dividend income more than my regular paycheck. It is more likely to keep growing over the years than my paycheck.

      Delete
  6. Thanks for sharing. Those are some good numbers that will only continue to grow. I think including all dividends, no matter how small, is good for you to list as it will show how far you've came. I'm a new investor and blogger, and plan on documenting my laughable dividends as I receive. I hope to look back in 5 years and see how much it's grown.

    ReplyDelete
    Replies
    1. Hi SAD and welcome. Thanks for giving me feedback. Yeah it will be nice to see the growth over the years. It is just a long time to be patient.

      Delete
  7. I am truly pleased to read this website posts which carries lots of helpful data and Your method of explaining the whole thing in this post is in fact pleasant.
    historical option prices

    ReplyDelete
  8. Thanks Avery. I try to keep it in terms I can understand (and hopefully others). Being a beginner some of the terms are new to me and I have to constantly reiterate them to learn them. Thanks for dropping a comment (and reading).
    DFG

    ReplyDelete