Monthly Dividend Income – January 2016

Its time for me to post dividend income earned from my portfolios: DRIP, HID, & RothI enjoy sharing them as these passive dividend income provides me great inspiration and encouragement to keep chugging along and hopefully to the readers.

Wow! I scored five hundred+ in total passive dividend Income: $503.59 to be precise in the first month. My dividend income was more than 30% compared to last Oct and 71% more compared to last year’s Jan. It only shows the power of Dividend Income engine. I’m that much closer to being  Financially Independent (FI), living a life that I want to live and enjoy my freedom.

Passive Dividend Income – Jan 2016

1. Dividend Re-Investment Plan Portfolio (DRIP) 
GlaxoSmithKline plc (GSK): $38.43
Kimberly-Clark Corp. (KMB): $22.00
Phillip Morris Intl, Inc (PM): $39.55
Altria Group, Inc. (MO): $45.90
Wal-Mart Stores Inc. (WMT): $24.50

2. High Dividend Income Growth Portfolio (HID)
American Capital Agency (AGNC): $20.00
Bank of Nova-Scotia (BNS): $19.92
Digital Realty Trust, Inc. (DLR): $25.50
General Electric (GE): $17.25
GlaxoSmithKline plc (GSK): $21.96
Altria Group, Inc. (MO): $56.50
Annaly Capital Mgmt (NLY): $37.50
Realty Income Corp (O): $19.10
Phillip Morris Intl, Inc (PM): $61.20
Prospect Capital (PSEC): $12.50
Pimco Corp & Opportunity (PTY): $13.00

3. Roth IRA
Reynolds American Inc. (RAI): $12.96
Vanguard Natural Res LLC (VNR): $1.35
W.P. Carey, Inc. (WPC): $14.47

Total Passive Dividend Income: $503.59

I like to own securities of Blue chip Aristocrats (companies with 25+ yrs of growing earnings) and Dividend Champions. Once the earned passive dividend income covers all my expenses, I will own my time as well.

I’d setup a goal of earning $7500.00 in total passive dividend income this year and so far have received $503.59. The month of January was superb for me and put me across $500 in the first shot of the year itself that I am glad to take.

Full Disclosure: Long in all above mentioned securities.

How did your Dividend Income come along this month of Jan?

Thanks for reading.

Recent Buy

I’m looking for companies that are fairly valued, have a decent dividend yield (3% to 6%) and have a fairly long history of paying dividends consistently for 10 years or more. However, there could be some cases for exceptionally good company or a strategic buy for a very long term.

1) Bank of Nova Scotia (BNS)

Canadian companies in particular financial ones have been on my radar since some time. They have been fairly conservative in their lending practices and at great valuations now, in my opinion. I thought of biggies: BNS, TD and RY as primary candidates and finally latched on BNS due to little better valuation and yield. The impact and fear of sliding oil prices on banks is clearly visible on the prices of bank stocks, however, it offers a nice starting price right out of the gate.

BNS has a P/E ratio of just 8.50, a nice dividend yield of 5.61% and trading at $36.00, dropping from its 52-week high of $56.26.

I added 10 positions in BNS on 1/13 at $37.00. It’ll add $22.02 of passive dividend income on an annual basis. BNS gets the honor of my first buy of 2016 :) a tumultuous  year so far,  to say the least.

Full Disclosure: Long on above mentioned securities.

Thanks for reading.

What do you think about this buy?

Monthly Dividend Income – December 2015

Its time for me to post dividend income earned from my portfolios: DRIP, HID & RothI enjoy sharing them as these passive dividend income provides me great inspiration and encouragement to keep chugging along and hopefully to the readers.

Wow! what a month. I scored five hundred+ in total passive dividend Income: $568.92 to be precise, this is my second time crossing $500.00 milestone figure this year.  Passive dividend income hit a record and it was more than 111% compared to last year’s Dec quarter. Also, this month alone, my passive income was more than whole of 2013. It only shows the power of Dividend Income engine. I’m that much closer to being  Financially Independent (FI) and living a life that I want to live and enjoy my freedom.

Passive Dividend Income – Dec 2015

1. Dividend Re-Investment Plan Portfolio (DRIP) 
ConocoPhillips (COP): $37.00
Chevron Corp. (CVX): $32.10
The Hersey Company (HSY): $2.39
IBM Inc. (IBM): $13.00
Coca-Cola Company (KO): $16.50
McDonalds Corp (MCD): $17.80
Royal Dutch Shell plc (RDS.A): $23.97
Exxon Mobil Corp (XOM): $21.90

2. High Dividend Income Growth Portfolio (HID)
American Capital Agency (AGNC): $20.00
Ares Capital (ARCC): $38.00
ConocoPhillips (COP): $29.20
Chevron Corp. (CVX): $42.80
iShares Select Div. ETF (DVY): $10.39
Johnson & Johnson (JNJ): $15.00
Realty Income Corp (O): $13.34
Prospect Capital (PSEC): $8.33
Pimco Corp & Opportunity (PTY): $16.00
Royal Dutch Shell (RBS.B): $112.80
Southern Company (SO): $16.27
Unilever plc (UL): $10.31
Vanguard REIT Index (VNQ): $17.57
Vanguard Utilities ETF (VPU): $10.54
Vanguard Hi Dividend Yield (VYM): $10.18

3. Roth IRA
Vanguard Natural Res LLC (VNR): $5.29

Total Passive Dividend Income: $568.92

I’d setup a goal of earning $3500.00 in total passive dividend income at the beginning of this year and received $4,159.10, meeting my target and therefore, December month was pure gravy on the top :)  My portfolio value recently crossed $100K and total count of securities is over 50 right now. To Another Great Year 2016!!

Full Disclosure: Long in all above mentioned securities.

How was your Dividend Income in month of Dec. Achieved your target?

Thanks for reading.

Recent Buy

I’m looking for companies that are fairly valued, have a decent dividend yield(3% to 6%) and have a fairly long history of paying dividends consistently for 10 years or more. However, there could be some cases for exceptionally good company or a strategic buy for a very long term.

Here are some of my recent buy in final week of December 2015:

1) Diageo plc (DEO)

Diageo plc is in drinks business and produces beverage alcoholic beverages like Irish whiskey, gin, vodka, rum, beer and spirits, wine, tequila and liquors across 200 sites in 30+ countries. Its premium brand include Johnnie Walker, Smiroff, Captain Morgan, Guinness, Baileys, etc. Company operates across diverse geographical segments: North America, Europe, Latin America & Caribbean, Africa, and Asia Pacific. Diageo plc was founded in 1886 and headquartered in London, UK and has a current market cap of $68.3B.

DEO has a nice dividend yield of 3.85% and trading at $109.07, dropping from 52 week high of $122.51, almost 10% drop.

I bought 5 positions in DEO on 12/31 at $109.28 in my taxable account. It will add $21.35 of passive income on an annual basis.

2) Eaton Corp plc  (ETN)

Eaton Corp plc is a power management company providing energy-efficient solutions for electrical, hydraulic and mechanical power. The company operates across 4 segments: electrical systems and services, hydraulics, aerospace and vehicle. The company was founded in 1916 and is headquartered in Dublin, Ireland. ETN has a current market cap of $24B.

ETN has dividend yield of 4.14% and trading at $52.04, dropping from 52 week high of $73.82, more than 25% drop. I initiated 10 positions in ETN on 12/31 at $52.34 in my taxable account. It will add $22.00 of passive income annually that I do not need to work for.

3) Facebook, Inc. (FB)

I typically do not own companies that do not provide any dividend, however, I made an exception for Facebook, Inc (FB). I think that at some point FB could become a great dividend growing company, just like Apple, Inc (AAPL) first initiated dividends in 2012 and since then, has grown it at a fast clip.  I initiated 10 positions in FB on 12/31 at $105.56 in my taxable account.

Full Disclosure: Long on above mentioned securities.

Thanks for reading.

What do you think about these buy?

Recent Buy

I’m looking for companies that are fairly valued, have a decent dividend yield(3% to 6%) and have a fairly long history of paying dividends consistently for 10 years or more. However, there could be some cases for exceptionally good company or a strategic buy for a very long term.

Here are some of my recent buy in month of December:

1) GlaxoSmithKline (GSK)

GSK is a British multinational healthcare company that manufactures pharmaceuticals, vaccines and consumer healthcare products. It has presence over a diverse geography in 150+ markets and 84 manufacturing centers in 35+ countries. It has a Market Cap of $95.3B. GSK was founded in 1935 and headquartered in Brentford, UK.

GSK has a nice dividend yield of 5.91% and trading at $39.82, dropping from 52 week high of $49.08, almost 20% drop.

I bought 30 positions in GSK on 12/14 at $39.10 in my taxable account. It will add $69.90 of passive income on an annual basis.

2) BP plc (BP)

BP is a leading integrated oil and gas companies and provide fuel, lubricants, and petrochemicals products for diverse use. BP operates thru 2 main segments: Upstream to find, develop and produce energy sources and Downstream to refine, market, and distribute them to the consumers. It was incorporated in 1909, more than a century ago and headquartered in London, UK. BP has a current market cap of $92.2B.

BP has juicy dividend yield of  7.96% and trading at $30.13, dropping from 52 week high of $43.85, more than 30% drop. I added 50 positions in BP on 12/13 at $30.22 in my taxable account. It will add $120.00 of passive income annually that I do not need to work for.

Full Disclosure: Long on above mentioned securities.

Thanks for reading.

What do you think about these buy?