Monthly Archives: October 2015

Dividend Income Update – October 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! I scored close to four hundred in total passive dividend Income: $386.69 to be precise, this is the seventh time crossing $300.00 milestone figure this year. My dividend income was more than 19.21% compared to last Jul and 53.59% more compared to last year’s Oct. 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 – Oct 2015

1. Dividend Re-Investment Plan Portfolio (DRIP) 
Glaxo SmithKline Plc (GSK): $22.46
Kimberly-Clark Corp. (KMB): $17.60
The Coca-Cola Company (KO): $16.50
Phillip Morris Intl, Inc (PM): $33.90
Altria Group, Inc. (MO): $35.70

2. High Dividend Income Growth Portfolio (HID)
American Capital Agency (AGNC): $10.00
Bank of Nova-Scotia (BNS): $10.66
iShares Select Div. ETF (DVY): $9.78
General Electric (GE): $10.35
Altria Group, Inc. (MO): $33.90
Annaly Capital Mgmt (NLY): $30.00
Realty Income Corp (O): $13.34
Phillip Morris Intl, Inc (PM): $51.00
Prospect Capital (PSEC): $8.33
Pimco Corp & Opportunity (PTY): $13.00
iShares Mortgage RE ETF (REM): $27.08
Vanguard Utilities ETF (VPU): $10.51

3. Roth IRA
Reynolds American Inc. (RAI): $12.96
Vanguard Natural Res LLC (VNR): $5.29
W.P. Carey, Inc. (WPC): $14.33

Total Passive Dividend Income: $386.69

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 $3500.00 in total passive dividend income this year and so far have received $3070.12. This is 87.41% of target for this year and close to target. The month of Oct was a big one for me and it covered some ground for couple of low months, that I’m glad to take 🙂

Full Disclosure: Long in all above mentioned securities.

How did your Dividend Income come along this month of Oct? Meeting 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 month of October:

1) American Capital Agency Corp (AGNC)

American Capital Agency Corp operates as a real estate investment trust (REIT) and invests in residential mortgage securities, whose principal and interest payments is guaranteed by either govt-sponsored agencies or US agency. As a REIT, it distributes at-least 90% of its taxable income to shareholders. It was founded in 2008 and headquartered in Bethesda, Maryland. 

AGNC has a high dividend yield of 12.51% and currently trading at $19.18, more than 10% lower than its 52 week high of $23.44. I added 50 positions on 10/20 at $19.00, making overall 100 positions. It will add $120 of income on an annual basis.

2) BHP Billiton plc (BBL)

BHP Billiton is one of the largest mining and resources company in the world, headquartered in Melbourne, Australia with more than 100K employees located in Brazil, Australia, Mozambique, South Africa, Asia among over 25 countries. Billiton has origin back in 1851 as a tin mine company on a small island Billiton (Belitung) in Indonesia while BHP (Broken Hill Proprietary) began its journey in Broken Hill, Australia in 1885 and two merged in June 2001 as BHP Billiton.

BBL has a significant dividend yield of 7.09% and Market Cap of $93.0B. It has ran up to $50.02 at its 52 week high and currently trading at $34.98 almost 30% lower.

I bought BBL at $34.00 on 10/19 and added 30 positions in this company, making it overall 90 positions in taxable account. It will add $74.40 of passive income on an annual basis that I do not have to work for :)

3) Chevron Corp. (CVX)

CVX is one of the super-major integrated O&G company that nosedived to $70 in Sept and since then, quite nicely recovered, still much lower than its 52 week high of $120.17.  I had to shell out a higher price than my liking, nevertheless, pulled a trigger to add some. I added 10 positions on 10/19 at $90.00. It will add $42.80 of passive income.

4) Royal Dutch Shell plc (RDS.B)

I’d recently bought RDS.B and it still sports a juicy dividend yield of 6.85%.  I added 20 positions in RDS.B on 10/19 at $56.37 in my taxable account, making up total 100 positions as of now. It will add $75.20 of passive income on an annual basis.

5) Kinder Morgan Inc. (KMI)

KMI was also my recent buy and so was Lanny’s Recent Buy. It has a nice dividend yield of 6.98%. I added 30 positions on 10/19 at $29.50 in my taxable account. It will add $61.20 of passive income on an annual basis that will go a long way in becoming financially free.

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 October:

1) Royal Dutch Shell plc (RDS.B)

Royal Dutch Shell plc is an independent oil and gas company, incorporated in 2002, and based in United Kingdom. It operates in 3 primary segments: Upstream, Downstream and Corporate. Upstream is engaged in finding crude oil and gas, liquefaction and transportation of gas, Downstream in manufacturing, distribution and marketing activities and Corporate in related support functions like insurance and treasuries.

RDS.B sports a juicy dividend yield of 6.56% due to its recent drop. It touched a 52 week high of $75.56 and trading at $57.22. With the acquisition of BG Group, Shell will position itself better to compete against big oil companies. At current valuation, its provides an excellent opportunity to investors looking for long-term. However, there are definitely elevated risks due to  fluctuating oil prices and commodity prices in general.

I added 20 positions in RDS.B on 10/13 at $54.03 in my taxable account, making up total 80 positions as of now. It will add $75.20 of passive income on an annual basis.

2) Vodafone Group plc. (VOD)

Vodafone is a UK based mobile phone company and it was one of my recent buy.

VOD has a nice dividend yield of 7.38% and currently, trading at $32.24, a good price point to enter into the position. If price drops further, I may add more positions to average down the cost.

I added 30 positions in VOD on 10/08 at $31.85 in my taxable account, making up total 80 positions. It will add $71.40 of passive income on an annual basis.

3) 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 $103.66B.

BP has a nice dividend yield of  6.69% and trading at $35.86, dropping from 52 week high of $43.85, about 20% less. I added 30 positions in BP on 10/13 at $34.39 in my taxable account. It will add $72.00 of passive income on an annual basis.

4) ConocoPhillips (COP)

Oil and gas market is highly cyclical in nature and quite vulnerable to slight changes in supply and demand. It’s a good time to start building some positions, if you are a patient investor like me. Currently, COP is trading at $55.23 and has a good yield of 5.36%.

I bought 20 positions in COP on 10/15 at $54.00, making it 60 positions overall. It will add $59.20 of passive income in my Portfolio.

Full Disclosure: Long on above mentioned securities.

Thanks for reading.

What do you think about these buy?

Exciting Journey – From $0 to $100K in Little over Three Years

What an exciting journey it has been!

Wow. I finally did it.
At the end of Sep 2015, my total portfolio value crossed $100,000 and to be precise: $107,741.13. 

How I started it?
I’ve written in depth about my journey: Learning, my Eureka Moment, Learning Re-Jigged, Dividend Investing and Learning to Walk in this article and what a journey it has been! My journey to more than 6-figures value started in Dec 2011 and my first dividend check was received in Jan 2012 and since then, it has been such an incredible journey with fellow investors that we shared, inspired and grow together.

I started with virtually nothing to amassing portfolio of more than $100K+ in assets and my journey is well documented every single month up to cents, cents make dollars, Is’nt 🙂 I committed to myself to religiously put some capital every month and cutting down any unnecessary expenses and living a frugal yet decent life. I opened a dividend re-investment plan (DRIP) with ComputerShare and set up automatic investments every month. Once money grew to a decent size, opened another brokerage with TDAmeritrade to better manage the dividends received in other excellent companies and currently, own close to 50 fantastic companies that keep giving blessings every month/quarter.

I’m targeting $3,500 in passive dividend income this year and so far, I’m on track towards this goal. The checks received are re-invested into the quality companies and that in turn generate more dividend income and this cycle repeats over and over again. Initial snowflakes become an avalanche of snow balls that roll down the hill with increasing speed and gathering more snow in the process, i.e., magic of compounding is triggered and before you realize, dividend income starts to grow on its own and you will be able to cover your significant expenses. Once this income is able to cover all your expenses, you have reached the promised land of financial independence: FI 🙂 Your initial hard work has started to pay off and you can begin to enjoy the fruits of your great work.

Thank you to everyone who stopped by Passive Income Mavericks over more than a year. Although, my journey started in right earnest at end of 2011/beginning of 2012, I only started blogging in March 2014. In short little over 3 years, my portfolio was built from scratch: $0 and now, it is filled with great quality companies that are sending dividend checks on my way, every quarter and every year like a clockwork and on the way, growing those checks by 5-9%.

Appreciate following my journey as we inspire each other, cherish and share those beautiful moments when we reach financial independence.

Full Disclosure: Long on stocks in my portfolio.

Thanks for reading.

Dividend Income Update – September 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 four hundred+ in total passive dividend Income: $417.73 to be precise, this is my first time crossing $400.00 milestone figure this year.  Passive dividend income hit a record last month and it was more than 125% compared to last year’s Sept 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 – Sept 2015

1. Dividend Re-Investment Plan Portfolio (DRIP) 
BHP Billiton plc (BBL): $28.04
ConocoPhillips (COP): $31.98
Chevron Corp. (CVX): $24.82
The Hersey Company (HSY): $2.39
IBM Inc. (IBM): $8.44
McDonalds Corp (MCD): $17.32
Royal Dutch Shell plc (RDS.A): $13.40
Wal-Mart Stores, Inc. (WMT): $11.74
Exxon Mobil Corp (XOM): $16.35

2. High Dividend Income Growth Portfolio (HID)
American Capital Agency (AGNC): $10.00
BHP Billiton plc (BBL): $77.40
BP plc (BP): $29.75
ConocoPhillips (COP): $22.20
Digital Realty Trust, Inc (DLR): $17.00
Johnson & Johnson (JNJ): $7.50
Realty Income Corp (O): $13.30
Prospect Capital (PSEC): $8.33
Pimco Corp & Opportunity (PTY): $13.00
Royal Dutch Shell (RBS.B): $28.20
Southern Company (SO): $5.42
Unilever plc (UL): $4.85
Vanguard REIT Index (VNQ): $12.03
Vanguard Hi Dividend Yield (VYM): $8.98

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

Total Passive Dividend Income: $417.73

I’d setup a goal of earning $3500.00 in total passive dividend income at the beginning of this year and received $2683.33 so far. I’ve covered 76.66% of the target and close to target. The month of Sept 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 was your Dividend Income in month of Sept. Are you moving along the target?

Thanks for reading.