Friday, May 8, 2015

April 2015 Dividends

Doing better this month as it is only May 8th and I already know how much life I gained back last month.  Even without additional capital I am still working towards my end goal of financial independence.

Company
Held In
Dividend Paid (Qtr.)
Amount Received
Shares of Life
Note
CRWS
IRA
0.08
1.45
0.1786
Not sure why I bought this, no div increase since 2013
UBSI
IRA
0.32
32.93
0.8763

GPC
IRA
0.615
6.89
0.0739
%7 div increase
WIN
Taxable
0.392
30.3
N/A
Stopped automatic reinvestment
RSO
Taxable
0.16
18.58
4.1381
Div cut, time to sell
GE
Taxable
0.23
6.08
0.2269

WIN
Taxable
1.5
111.4
14.173
Div cut from reverse split
HRZN
Taxable
0.115
6.93
0.4964

VNR
Taxable
0.1175
0.26
0.0178

AGNC
Taxable
0.22
6.17
0.2853
Div cut for the June payout

I liked Dividend Life's view of the big picture so I updated my dividends page.  Most likely I will not retire until I can draw from my IRA so I am back to including that in my running total.  With that said my total for the month was $221 which isn't bad.  Almost could pay more quarterly water bill with that.   

The biggest change this month was the reverse split by WIN.  It was a 6-1 and the dividend was also cut.  I did get some shares of the REIT spinoff but we will see if that compares to the $.25 I was getting before the reverse split.

There is also some cleanup work I need to do with the dividend cutters.  Some are worthless and I will hold them as they are still paying something.  There are a few though I could sell and recoup some of my original investment.  Sentimental value is tough as I have never sold a stock yet.  I have to weigh the commission fee in any sale to see if it is even worth the $7 I would spend to part ways.

Happy dividend collecting,

DFG

6 comments:

  1. DFG,

    Quite a lot of cuts in the list, sadly. I hope that you won't have to endure many more! Still, your progress is great and this month was another great one on the dividend income front.

    Keep it up,
    NMW

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    Replies
    1. Yep those were early stock purchases before I learned anything. Just companies recommended by some website. Won't do that again now that I know better.
      Thanks for stopping by NMW.

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  2. Hi DFG,

    Looks like a good increase over this time last year from your Dividends page! I like the chart by the way although I'm biased ;)

    I'd say that a $7 commission over a long holding period isn't going to make much difference. I know it's a psychological thing and I'm bad at that too, but if you have a good replacement stock in mind then sell and buy the new one.

    Perhaps you could consider allocating a percentage of your portfolio to the riskier / higher yield stocks so that the overall effect of a cut is more limited?

    Best wishes,
    -DL

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    Replies
    1. Good point DL. I don't have much in those losers so the $7 may not be worth it. Still deciding.
      Thanks,
      DFG

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  3. Cracking $200 for a month total is a great figure. Keep at it. Just think what that passive cash can pay for in one month. Groceries (part), gas, electric bill, cel phone and many more things. I would take a closer look at my holdings and limit some of the riskier yielding stocks and look for more stable growing dividend payers instead. Just my 2 cents.

    ReplyDelete
    Replies
    1. The day I am able to pay for my groceries every month with dividends will be a great day! My stock picking has definitely changed since since I started reading blogs in the community. I have learned a tremendous amount from you all. Thanks.

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