March 2015 Dividends

Well as the month of April comes to a close I finally got around to totaling up my dividends from March.  There were some increases most notably HMN with an 8% increase (see my review here).  Also upon review I came across some dividend cuts so now I have to decide on selling or not.  I should sell but if they are worthless and still paying a dividend I tend to hold on to them.  For example AGNC had a big sell off yesterday as the declared that dividend cut and now I missed the boat.

There was no additional capital put in March however my year over year dividends increased by 551%.   Checking out my dividends page the total dividends for March came to $63.48.  I am OK with that for now however I need to make further changes after using Dividend Life's cross-over calculator.  According to it I need to be saving 20% a year just to reach financial independence by the age of 65.  I still think the emergency fund should come first but now at least I know what I need to save and invest to reach my goal.  It was eye opening.  Check it out to see if you're on track. 

Company
Held In
Dividend Paid (Qtr.)
Amount Received
Shares of Life
Note
COP
Taxable
0.73
8.86
0.1359

AGNC
Taxable
0.22
6.11
0.286
Div Cut Declared for May
IBM
Taxable
1.1
4.43
0.0276

HRZN
Taxable
0.115
6.88
0.4811

VNR
Taxable
0.1175
0.26
0.0184
Div Cut in Feb, should have sold
NUS
Taxable
0.35
8.1
0.144
1% increase, slowed way down
CTL
Taxable
0.54
9.16
0.2628

FTR
Taxable
0.105
11.01
1.5041
5% increase, payout ratio  200%
HMN
Taxable
0.25
8.67
0.2528
8% increase


Happy dividend collecting,

DFG

Comments

  1. That calculator you mentioned seems a bit off. It does not include the amount of capital you currently have invested so the compounding is starting from zero and not say $140,000 like I have right now.

    Anyways, keep saving money, keep investing and enjoy life along the way!

    ReplyDelete
  2. Hi ADD,

    The calculator calculates and displays income, not total return (value of capital). The amount of capital that you're starting with is irrelevant so it's not an input into the calculator.

    E.g. if you have $140,000 now and you get $5000 a year from it, the calculator compounds the $5000 at your expected growth rate, plus it adds the additional income from adding new capital each year. It's only trying to generate a ballpark estimate of how much you'd need to add in new capital each year to reach your desired income level from any given starting point.

    Best wishes,
    -DL

    ReplyDelete
  3. Hi DFG,

    I'd take a 500%+ increase in dividend income any month :) Congrats on a good month and I'm looking forward to seeing April's results too as last year's amount was quite high.

    Sorry to hear about the dividend cuts - the yields look pretty high still though so you might still be earning more income than had you picked companies with a lower yield that increased payments? The real question is what are those companies going to do in the future - can they recover or will they get worse?

    Cheers,
    -DL

    ReplyDelete
  4. DFG,

    What's not to love about 500% YoY growth? That's some serious compounding right there!

    Keep it up buddy, I'm sure you'll find room to invest some more soon.

    Best of luck,
    NMW

    ReplyDelete
    Replies
    1. Yep no complaints there. For us just starting out it is easy to see big YOY growth. When our portfolios get up in the millions that will be a different story. It will be a story of us retiring from the day job and living life the way we want!

      Delete

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This webpage is provided for general information only and nothing contained in the material constitutes a recommendation for the purchase or sale of any security. If you have any questions please feel free to contact me at dividendfamilyguy at gmail dot com.