Monthly Archives: July 2015

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 my recent buy in the month of July 2015.

1) Omega Healthcare Investors, Inc. (OHI)

Real Estate Investment Trusts (REITs) have been pulled down due to concerns about Fed raising interest rates and their impact on the earnings of these REITs. I consider a good time to add to my positions as OHI is selling at an excellent entry point. The yield of 6.16% is also simply  great.

I bought 20 positions in OHI on 7/01 at $34.00 in my taxable account. It will add $44.00 of passive income on an annual basis. If price goes down further, I might add more positions to average down.

2) ConocoPhillips (COP)

Energy companies have been punished harshly last several months due to multitude of reasons: shale oil boom, additional supply leading to over-supplied oil market. Oil and gas market is highly cyclical in nature and quite vulnerable to slight changes in supply and demand. However, oil has started to find its low range and there is lesser downside, as compared to upside potential. It’s a good time to start building positions, if you are a patient investor like me. Currently, COP is trading close to 52 week low point, has a decent yield of 5.17% and P/E of 14.20.

I bought 10 positions in COP on 7/01 at $60.00, making it 30 positions overall. It will add $29.60 of passive income in my Portfolio.

3) Royal Dutch Shell plc (RDS.B)

RDS.B has a juicy dividend yield of 6.54% and trading at $57.51, significant drop from 52 week high of $87.27. For long-term investors, it will provide a great upside potential once the price of oil starts its upward trajectory.

I added 10 positions in RDS.B on 7/07 at $55.00 in my taxable account, totaling up overall 30 positions. It will add $37.60 of passive income on an annual basis that I do not have to earn and work for.

Full Disclosure: Long on above mentioned securities.

Thanks for reading.

What do you think about these buy?

Dividend Income Update – June 2015

Its time for me to post dividend income earned from my portfolios: DRIP, HID1, HID2, & 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 a triple hundred in total passive dividend Income: $300.00 to be precise, this is the third time crossing $300.00 milestone figure this year. My dividend income was lower than last March quarter as BHP Billiton (BBL) did not pay in June but it was still more than 79.74% compared to last year’s June quarter. 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 – Jun 2015

1. Dividend Re-Investment Plan Portfolio (DRIP) 
Chevron Corp. (CVX): $24.56
ConocoPhillips (COP): $30.04
Exxon Mobil Corp (XOM): $15.75
IBM Inc. (IBM): $6.14
McDonalds Corp (MCD): $17.32
Royal Dutch Shell plc (RDS.B): $8.88
Wal-Mart Stores, Inc. (WMT): $11.67

2. High Dividend Income Growth Portfolio 1 (HID1)
American Capital Agency (AGNC): $11.00
BP plc (BP): $29.75
ConocoPhillips (COP): $14.60
Digital Realty Trust, Inc (DLR): $17.00
Johnson & Johnson (JNJ): $7.50
Realty Income Corp (O): $9.48
Prospect Capital (PSEC): $8.33
Pimco Corp & Opportunity (PTY): $13.00
Royal Dutch Shell (RBS.B): $18.80
iShares Mortgage RE (REM): $30.59
Southern Company (SO): $5.43
Unilever plc (UL): $4.71

3High Dividend Income Growth Portfolio 2 (HID2)
iShares Select Dividend ETF (DVY): $10.16

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

Total Passive Dividend Income: $300.00

I’d setup a goal of earning $3500.00 in total passive dividend income at the beginning of this year and received $1635.40 so far. I’ve covered 46.25% of the target at half way mark and behind by a whisker 🙂 This month of June was a big one for me and most of DGI bloggers as well. It covered some ground in the shortfall of last low month, that I’m glad to take. However, there is lot more ground to cover to achieve a challenging target for this year.

Full Disclosure: Long in all above mentioned securities.

How did your Dividend Income this month of June. Are you moving along the target?

Thanks for reading.