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 stocks.

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.)



Company
Held In
Dividend Paid (Qtr)
Amount Received
Shares of life purchased
September
CVX
IRA
1.07
9.83
0.1312
6th straight quarter without an increase!
MSFT
IRA
0.31
7.69
0.1785

TGT
IRA
0.56
9.87
0.1279
Yeah 7.6% increase!
ED
IRA
0.65
51.46
0.8215

ORI
IRA
0.185
19.64
1.2438

MCD
IRA
0.85
9.47
0.0964

RIG
IRA
Who cares ->
8.57

Sold/last dividend
MCY
IRA
0.618
65.43
1.2752

UHT
IRA
0.64
68.44
1.4525

COP
Taxable
0.74
9.08

1.3% increase
IBM
Taxable
1.3
5.27


VNR
Taxable
0.118
0.27


HRZN
Taxable
0.115
6.99


NUS
Taxable
0.35
8.15


CTL
Taxable
0.54
9.3

No increase since 2013, ha why did I buy this?
FTR
Taxable
0.105
11.17

At least they had an increase in 2014
HMN
Taxable
0.25
8.74



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 sustainable?
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?

Any good increases for you this month?

Happy dividend collecting,
DFG

2 comments:

  1. I have written at the money covered calls on my CVX position in an attempt to exit gracefully. Something has to give and so far it hasn't been capex spending... I have lost faith.

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    Replies
    1. Yeah I am a bit scared myself. We will see!

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