Dividend Portfolio Update for December 2016

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December is known to be one of the biggest holiday months of the year and no matter what holiday you celebrate, I hope everybody found some time to be with your love ones and enjoy the season. The month is also known as the month of giving and as it relates to dividends, it was a very blessed month with some high quality dividend stocks giving back plenty to my account. (That was cheesy, I know)

Let’s take a look at what happened to the Dividend Portfolio last month!

Deposits

As always, I set up my Robinhood account to auto-deposit from my checking account to the tune of $150 twice a month. This coincides with the date that my paycheck from my day job clears into my account. This puts me with at least $300 a month to invest each and every month.

I had anticipated that the month of December would wain heavily on my additional deposit that I try to accomplish every month on top of the auto-deposit. With that being said, I still managed to deposit and additional $250 into the account. No idea what to buy just yet, but I’m sure there’s some good quality dividend stocks for a beginner like me to find.

.Total: $150 + $150 + $250 = $550

Dividends

It was a very strong month in terms of payouts with the dividend portfolio returning $230.23 in dividend income. The following table lists them out.

PSX 15 shares @ $0.63 = $9.45
F 50 shares @ $0.15 = $7.50
JNJ 10 shares @ $0.80 = $8.00
SO 15 shares @ $0.56 = $8.40
SDIV 100 shares @ $0.12 = $12.05
MAIN 77 shares @ $0.18 = $14.25
KO 62 shares @ $0.35 = $21.70
FLO 150 shares @$0.16 = $24.00
DUK 20 shares @ $0.86 = $17.10
MAIN 77 shares @ $0.28= $21.18
TROW 46 shares @ $0.54 = $24.84
ARCC 100 shares @ $0.38 = $38.00
CLDT 216 shares @ $0.11 $23.76
Total for December:  $230.23


This definitely makes up for the lack of income from November! 

Purchases

I purchased quite a bit in the December.

  • 10 shares V @75.50

Visa has been on a dip since November and I decided to pick some shares up. Thankfully I seemed to have gotten the shares near the bottom and it has been increasing slowly back towards its price. The current yield is pretty low at just .84% but I’m confident that they will continue to grow as credit card’s continue to be the way a lot of people pay for things. V adds $6.60 to my annual income!

  • 7 shares DUK @72.60

I continue to add to my position of DUK as it took a dip. Not a big addition but a cheap one nonetheless. It has since seen a bump back up and I’m only regretful that I didn’t purchase more at that price. I wanted to be careful and not overextend myself. @72 a share, that put DUK’s yield up towards 4.7% which is amazing.   DUK adds $23.94 to my annual income!

  • 15 shares HCN @61.48

Welltower Inc is an independent equity REIT that engages in senior living and health care properties. They too also recently hit a dip and rebounded. I managed to purchase them near the low of that dip as well. I feel I might be overinvesting with REIT’s lately but the yields can be alluring. Evening out investments in other sectors in the future, I hope will alleviate the issue. HCN is currently over a 5% yield still. HCN adds $51.60 to my annual income!

  • 10 shares OHI @ 28.70

Omega Healthcare Investors is another REIT that specializes in long-term healthcare facilities. Another case of a stock taking a rather vicious hit and rebounding. This was to add to the positions I had already. OHI adds $24.40 to my annual income!

  • 10 shares DEO @ 100.00

It wouldn’t look like it but DEO just oozes name recognition with their various labels of alcohol. With names like Smirnoff, Captain Morgan, Baileys, Guinness and Crown Royal, they definitely have been ingrained in our culture. They also hit their new 52 week low for the year and I decided to take a bite. Another good sense of timing as the stock has since went back up. I managed to snag it with a yield of 3.1%. This adds $31.20 to my annual income!

I also started a new Dogs of the Dow Experiment that you can read up on if you haven’t yet. The stock found me buying ten additional stocks that I’ll quickly outline below.

3 shares of IBM @ 165.90 5 shares of CAT @ 92.80
9 shares of MRK @ 58.80 15 shares of PFE @ 32.50
6 shares of PG @ 84.05 3 shares of BA @ 155.78
17 shares of CSCO @ 30.20 10 shares of VZ @ 53.40
5 shares of XOM @ 90.40 4 shares of CVX @ 117.65

These 10 stocks add $149.18 to my annual income.

Sells

  • 4 shares TSLA @ 200.25

I did a little flip of TSLA for a little over 6% profit. Not that big of a profit considering I only had 4 share, but enough to purchase an additional share of something in the future. I’m sure this flipping will come back to haunt me but anytime I see a stock undervalued, it makes me anxious to flip it. I need to stop that.

  • 67 shares of CLDT @ 20.69

I had a good run with CLDT. It dipped pretty hard for awhile and I average down to compensate, all while taking their monthly dividends. It’s since rebounded to give me about a 11% return in growth. I felt I was way too heavy into CLDT (It was about 13% of my portfolio). I like CLDT though, so if they happen to dip back down to $16/$17 again I might take a nibble. This drops my annual income by $88.44.

  • 77 shares of MAIN @ 36.78

Main was one of the first few stocks that I purchased once my Dividend Growth Portfolio was up and running. The attractive yield, monthly payments and growth is what originally attracted me to it. They have since exploded in share price. The stock price grew about 24% as well as awarded me monthly dividends for the entire year. On average, I was getting about $14 dollars a month in dividends alone! They also paid out 2 special dividends for the year! Right now, I feel they are very expensive for the price and I decided to go ahead and cash out. I wouldn’t mind going back into them if they ever dipped back below $30.

Conclusion

You can always view my current dividend portfolio.

That’s it for the month of December!  Next month is a whole new year with a new president. Not sure what to expect but I’ll do what I can  in order to achieve the passive income dream!

~Noob

Dividend Noob Portfolio Update for November 2016

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The goal of my dividend growth stock portfolio is simple and I contribute to it every month in order for it to continue returning passive income straight to my account. It currently returns over $1,500 a year and I, in turn, use that money to purchase additional shares of good, strong companies. This creates a snowball effect that piles up bigger and bigger the longer it happens. You might have heard of Dave Ramsay’s Debt Snowball? Well this is even better!

The biggest news item for the month of November was the United States Presidential Election where Donald Trump won the majority of the Electoral College votes but failed to win the popular vote. This will be the fifth person to become president despite losing the popular vote in America. This has caused a pretty divisive split between Americans and we’re far from seeing the last of the fallout due to it. But this blog isn’t about politics, it’s about making passive income in the form of dividend growth stocks!

Let’s see what happened to the portfolio for the last month and I’ll try and give you my thought process for why I did things.

Deposits

In order to help increase the funds available to purchase high quality dividend stocks, I set up for my Robinhood account to pull $150 from my checking account twice a month(7th and 21st).  I set up the withdrawal dates to coincidence on the dates that my paycheck clears into my account. This sets me up with $300 a month without having to do a thing.

I also scheduled a $500 deposit at the beginning of November. One of my goals was to keep adding additional funds to the account every month, on top of the $300 that’s auto-deposited. The amount of money is different every month and depends on how much free cash I have after bills are paid. $500 is a great amount and I continue to strive to meet and or beat this every month!

The next deposit was a speculative decision based off the presidential election. If you followed any of the media concerning the election, many media outlets said the stock market would “crash” or dip hard on a Donald Trump victory. If the stock market did dip then I would be in a good position if I had extra funds in my account to purchase stocks. I transfered $8k from my savings account over into my Dividend Portfolio in case it did happen. After Donald Trump won the election, the stock market ended up rallying and going to new highs which trumped my plans on buying these dividend champions on sale. Oh well.

.Total: $150 + $150 + $500 + $8,000 = $8,8000

Dividends

It was a pretty weak month in terms of dividend payouts with the portfolio only returning $55.67 in income. The following table lists them out.

 

T 25 shares @ $0.48 = $12.00
AAPL 5 shares @ $0.57 = $2.85
SDIV 100 shares @ $0.12 = $12.05
MAIN 77 shares @ $0.18 = $14.25
CLDT 132 shares @ $0.11 $14.52
Total for November:  $55.67


One of my goals in the future is to start looking at good quality dividend stocks that pay their dividends on the weaker months.

Purchases

I purchased quite a bit in November.

  • 5 shares AAPL @110.75

At a dividend yield of 2.06% and a p/e ratio around 13, I thought it was a decent entry point to start my position in AAPL. There were plenty of opportunities to pick up AAPL at the lower price but I was always cautious on their ability to deliver innovation. It’s hard to bet against this giant though and I decided to start a small position for the long term. I’ll be buying a few more shares on the dips as it transitions into a dividend growth stock (hopefully). This position adds $11.40 to my annual income.

  • 84 shares CLDT @16.95

Chatham Lodging Trust is an equity real estate investment trust with the majority of their holdings in upscale extended-stay hotels. One of the highlights of this REIT is the high yield (~7%) and that they pay dividends on a monthly basis. It trades around a Price/FFO ratio of 8.5 times. Hotels tend to not do very well during recessions and with the market at an all time high, I’m going to have to keep an eye on it but I’m pretty confident in them for the time being. This position adds $110.88 to my annual income!

  • 10 shares OHI @28.35

Omega Healthcare Investors is another REIT that invests in long-term care facilities located in the U.S. and U.K. The prime factors in my decision to purchase shares were the solid 14 years of increasing dividends, the current yield of 8.28%, and the latest price drop due to earnings.  This position adds $24.40 to my annual income!

  • 6 shares SO @ 47.10

The Southern Company generates and distributes electricity through coal, nuclear, oil, gas and hydro resources in the AL, GA, FL and Miss. They currently sit at a p/e ratio of around 17 with a current dividend yield of 4.78%. They are new to the dividend payout game and had only just started paying out in 2013. Energy sector has been getting hit pretty hard lately so I felt it was a good time to add to my position on the dip. This position adds $13.44 to my annual income!

  • 10 shares NGG @ 57.10

National Grid plc is another energy stock that distributes electricity and natural gas to the U.K and the U.S. It currently sits at a dividend yield of 5% and just like SO, has been paying dividends since 2013. This position adds $29.60 to my annual income!

  • 3 shares DUK @ 73.84

DUK is another energy stock that’s been getting hit pretty heavily lately which drove it’s p/e ratio to 17.7 and yield to 4.6%. I used my auto-deposit cash to purchase these shares. This position adds $10.26 to my annual income!

Sells

  • 25 shares TGT @ 71.67

I sold out of my shares of TGT after a big bump after earnings to lock in profits. It’s since skyrocketed even higher and I’m a little jealous that I pulled the trigger too early. Oh well, at least i made a decent chunk of profit from it regardless. This reduces my annual income by $60.00.

You can always view my current portfolio.

That’s it for the month of November! Coming up next month is Christmas and the spendthrift nature of the entire month. Here’s hoping I have some amount of money left at the end in order to keep adding to my portfolio!

~Noob

October Dividend Payouts and Portfolio Update

It was another good month for the dividend portfolio as I made $85.55 without doing a single thing. I love passive income, I really do.  It was a big month for purchasing stocks as I had nine buying transactions and only a single selling transaction.

October Portfolio Update

  1. Bought 4 shares of DUK @ $77.35.
  2. Bought 7 shares of KO @ $41.70.
  3. Bought 15 shares of CLDT @ $18.96.
  4. Bought 25 shares of SDIV @ $20.85.
  5. Bought 4 shares of DUK @ $76.07.
  6. Bought 25 shares of CLDT @ $18.15.
  7. Bought 15 shares of SO @ $49.30.
  8. Sold 30 shares of RAI @ 54.88.
  9. Bought 16 shares of TROW @ 63.28.
  10. Bought 10 shares of CAH @ 66.00.

In total, this adds an annual income of $211.96. The portfolio is now generating $1,505.78 a year in income!

October Monthly Dividend

KO 55 shares @ $0.35 = $19.25
RAI 20 shares @ $0.46 = $9.20
SDIV 75 shares @ $0.12 = $9.04
MAIN 77 shares @ $0.18 = $14.25
CAH 10 shares @ $0.45 = $4.49
STWD 40 shares @ $0.48 = $19.20
CLDT 92 shares @ $0.11 $10.12
Total for October:  $85.55

Next month, I expect to make a big deposit into my dividend portfolio account in order to prepare for the election month. I’m not sure exactly what to expect but if there’s a chance to purchase some quality stocks at a discounted price, I will do what I can to take advantage of it!

Until next time!

You can check out my portfolio to see my latest holdings.

September Dividend Payouts and Portfolio Update

 

September Portfolio Update

  1. Bought 25 shares of CLDT @ $19.38.
  2. Bought 5 shares of TROW @ $67.15.
  3. Bought 10 shares of CAH @ $76.30.
  4. Bought 25 shares of TROW @ $68.70.
  5. Bought 35 shares of CLDT @ $19.48.

 

September Monthly Dividend

  • PSX–         15 shares @ $0.63 = $9.45
  • F–       50 shares @ $0.15 = $7.50
  • JNJ–   10 shares @ $0.80 = $8.00
  • TGT – 25 shares @ $0.60 = $15.00
  • SDIV – 75 shares @ $0.12 = $9.04
  • MAIN – 77 shares @ $0.18 = $13.86
  • FLO – 150 shares @ $0.16 = $24.00
  • TROW – 25 shares @ $0.54 = $13.50
  • ARCC – 100 shares @ $0.38 = $38.00
  • CLDT – 32 shares @ $0.11 = $3.52

Total for September: $141.87

What a refreshing month in comparison to the previous. I hope everybody else had a good investment month! Let me know in the comments!

You can check out my portfolio to see my latest holdings.

August Dividend Payouts and Portfolio Update

 

August has come and gone in a flash and the portfolio as it stands is below. Like in previous months, I auto-transfered $300.00 into my Robinhood account but I failed to hit my goal of adding one additional deposit for the month. The reason for the failure was due to having to purchase a new lawnmower for the yard duties.

August Portfolio Update

  1. Sold 30 shares of CSCO @ $30.50.
  2. Bought 30 shares of FLO @ $17.67.
  3. Bought 25 shares of FLO @ $14.90.
  4. Sold 282 shares of CSIQ @ $12.76.
  5. Bought 5 shares of KO @ $43.85.
  6. Bought 25 shares of TROW @ $68.70.
  7. Bought 12 shares of DUK @ $80.00.

The biggest news item is that I sold all my old shares of CSIQ (the last non-dividend) stock in the portfolio. I did lose quite a bit of money on that and have learned some valuable lessons from it. Hopefully next time they lessons won’t come at such a high price.

 

August Monthly Dividend

  • T–          25 shares @ $0.48 = $12.00
  • RAI–       75 shares @ $0.12 = $9.04
  • MAIN–   77 shares @ $0.18 = $13.86

Total for June: $34.90

Not a great month for dividends to be honest. Next month is shaping to be better though and all that I can do is to keep moving forward on investing in great quality stocks.

I hope everybody else had a good investment month! Let me know in the comments!

You can check out my portfolio to see my latest holdings.