A blog about dividend investing and financial independence for a person supporting a 7 person family on one income. My goal is to be retired at age 55 to pursue other passions in life and rely on a passive income stream generated from dividends.
Tuesday, October 20, 2015
September 2015 Dividends
Another great month of
not working for money (well at least from dividends collected.) I still had to go to work to earn a living
for the family and generate additional cash to invest on dividend growth
The stocks listed
below are ones that deposited money into my account or were reinvested during
this month. I do not count dividends I
having received yet (kinda like stock, not worth much until you sell them.)
Dividend Paid (Qtr)
Shares of life purchased
straight quarter without an increase!
increase since 2013, ha why did I buy this?
least they had an increase in 2014
I realize I still have
some stocks that should never have been purchased in the first place (VNR,
HRZN, CTL and FTR to name a few from this month.) Either they haven't cut their dividend yet or
the cost to sell them is more than they are worth. Until I dispose of them I am more than happy
to continue to collect money from them while I spend my time with the baby and
the rest of my family.
My YOY dividend income
took another nose dive. This is what
happens when you don't do your research and buy companies with high
yields. Sure I collected the dividends
for a year or so but once they cut or stopped it completely I lost that income
and the stock took a big hit. All in all
I lost money on those bets and have since learned a big lesson.
Some questions I now
ask myself like many other DGI are:
Is the dividend
Do they have a track
record of increasing the dividend for more than one economic cycle?
Is earnings increasing
enough so that the dividend can also increase?