Wednesday, January 7, 2015

December 2014 Dividends

It was a good month.  December was my best month of the year in my taxable account.  This was mainly because of a cash payout for the transition of my  El Paso Pipeline Partners LP stock over to Kinder Morgan, Inc. 

My IRA took a hit from Q3 because of a dividend elimination by Seadrill (SDRL).  A loss of $100+ in dividend income does sting a little.  That was one of the stocks I bought just looking at the yield before I had any idea how to research a company.  I am still pretty upset about that and haven't decided what to do with the stock (since I have no sell guidelines defined).  At this point it has dropped so much it is nowhere near what I paid so I am holding for now until oil recovers.  If I were to sell I would not generate enough capital to be able to purchase good dividend paying stocks with minimal expense.

In my IRA I got my first dividend from my most recent purchase of Crown Crafts Inc. (CRWS.)  It was a whopping $1.44.  I think that could get me a Wendy's value chicken sandwich. 

Yes it is lunch time and I am thinking about food.  I am trying to get some writing done during lunch.  I was working on my budget totals last night and was just too tired to do much more.  By the time I get my kids to sleep I am about ready to go to bed as well.

The grand total for the month was $461.05.  That does feel good and was a good way to end the year.  All of it was automatically reinvested except for the cash payout.  That will just sit there and collect interest until I have enough capital to make another purchase. 

I hope your month was equally rewarding and can't wait to see everyone's totals for the year.  Go dividends!




Full Disclosure: Long on KMI,SDRL :-( & CRWS.

9 comments:

  1. Wow, great flows of dividends! It seems fairly balance too between your IRA and taxable accounts!

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    1. Thanks Henry. It is always nice to see it roll in. Can't wait until my taxable gets bigger.

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  2. Congrats on your best month of 2014! I also had a blowout month. Just recently stumbled upon your blog and I really enjoy it. Like you I'm investing for a solid future and my wife and I are planning to have a bunch of kids. Your site is an inspiration for those who are nervous to be a one income household and still invest. Thanks! Have a nice 2015.

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    1. Thanks ADD (that probably doesn't shorten up very well :-). Anyways it is nice to hear from someone who will be in my shoes. I will try to post more regarding saving with a larger family. I have made quit a few choices in my life that have caused unnecessary expenses so I hope you and others will learn from them. Look forward to reading your blog.
      DFG

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  3. DFG,

    Great month! Too bad every month can't be as good. ;)

    Best of luck in 2015,
    NMW

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  4. Hi DFG,

    Belated congratulations on a great month - over $450 income is awesome and a nice end to the year!

    Sorry to hear about Seadrill - likewise there's been a lot of posts about ARCP of late too with a similar dividend cut. I must admit that I forbid myself from buying anything with > 6% yield - it's too much risk for me.

    Best wishes,
    -DL

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    1. Yeah maybe I should put a cap in my entry criteria. Thanks for the tip.

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  5. I LOVE December...it's always my best months for dividends as well. I always feel so happy to check my brokerage account and see that I made $500+ for doing nothing except having the foresight to invest my money instead of blowing it on junk.

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