Monthly Archives: February 2016

Monthly Dividend Income – February 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 seven hundred+ in total passive dividend Income: $734.53 to be precise, a milestone figure to reach. This month, my dividend income was more than 41.23% compared to last Nov and out of park as compared to last Feb, over 310%.That’s awesome as my February month is generally slow in last many years and crossing $500 felt great. 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.

Passive Dividend Income – February 2016

1. Dividend Re-Investment Plan Portfolio (DRIP) 
Abbvie Inc. (ABBV): $28.50
Colgate-Palmolive Co. (CL): $5.70
The Clorox Company (CLX): $15.40
Welltower, Inc. (HCN): $12.90
Kinder Morgan, Inc. (KMI): $9.38
Omega Healthcare Inv., Inc. (OHI): $28.50
Proctor & Gamble Company (PG): $43.09
AT&T Inc. (T): $24.00
Verizon Comm. Inc. (VZ): $28.25

2. High Dividend Income Growth Portfolio (HID
Abbott Laboratories (ABT): $6.50
American Capital Agency (AGNC): $20.00
EPR Properties (EPR): $6.40
General Mills Inc. (GIS): $8.80
Kinder Morgan Inc. (KMI): $25.00
Realty Income Corp (O): $21.83
Omega Healthcare Inc. (OHI): $114.00
ONEOK Inc. (OKE): $135.30
Prospect Capital (PSEC): $12.50
Pimco Corp & Opportunity (PTY): $13.00
Seagate Tech (STX): $15.75
AT&T Inc. (T): $60.00
Vodafone Group, plc (VOD): $57.43

3. Roth IRA
HCP, Inc. (HCP): $28.75
Deere & Comp. (DE): $7.20
Kinder Morgan Inc. (KMI): $5.00
Vanguard Natural Res LLC (VNR): $1.35

Total Passive Dividend Income: $734.53

I want 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 and truly free from 9 to 5 tread mill.

I’d setup a goal of earning $7500.00 in total passive dividend income for this year and received total of $1238.12. This month of February was superb for me as I crossed $700+ that I’m glad to take 🙂

Full Disclosure: Long in all above mentioned securities.

How did your Dividend Income come along in month of February?

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) BHP Billiton plc (BBL)

I bought BBL way back last year and since then, valuation has gotten better by day. Its a great opportunity to average down the cost. BBL has an unbelievable dividend yield of 12.23% and market cap of $53.9B. At its 52 week high, it traded at $47.75 and currently trading at $20.27, more than 50% lower.

I bought 10 positions in BBL at $19.51 on 2/09 to average down my costs. It’ll add $24.80 of passive income on an annual basis, if there are no dividend cuts 🙂

2) Bank of Nova Scotia (BNS)

I’m buying BNS for the 3rd time in the last 3 weeks. I added 10 positions in BNS on 2/08 at $40.00. It’ll add $20.20 of passive dividend income on an annual basis. Currently, bank stocks are value proposition in my opinion as recession related and other risks take hold.

3) Omega Heathcare Investors, Inc. (OHI)

Real Estate Investment Trusts (REITs) have been pulled down due to concerns about Fed interest rate raises and economy slowing down in general.  I bought 10 positions in OHI on 2/08 at $31.58. It’ll add $22.80 of passive income on an annual basis that I do not need to work for.

Also, I initiated small positions in EPR Properties (EPR), Welltower Inc. (HCN) and added positions to my recent buy of Orchids Paper Products Co. (TIS).

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.

1) Bank of Nova Scotia (BNS)

I’d bought BNS recently and this was addition to that. I added 10 positions in BNS on 2/04 at $41.47. It’ll add $20.20 of passive dividend income on an annual basis. BNS got the honor of my first buy of 2016. Bank stocks have become value proposition in my opinion as fear is running wild due to potential loan issues in energy companies.

2) Abbott Laboratories, Inc. (ABT)

I’ve been thinking to add some healthcare companies to better balance my portfolio  across all the sectors and what a better choice than a pharma company.  Abbott  manufactures and sells a range of health care products and operates in 4 business segments: pharma, diagnostic, nutritional and vascular products. The company was  founded in 1888 and is headquartered in Abbott Park, Illinois.

ABT has dividend yield of 2.78% and market cap of $55.8B. At its 52 week high, it traded at $51.74 and currently trading at $37.41, almost 30% lower.

I bought 10 positions in ABT at $36.29 on 2/01 and it’ll add $10.40 of passive income on an annual basis.

3) Seagate Technology (STX)

I do not own too many technology companies in my portfolio, however, looking to add few to diversify my portfolio. STX appears to be a good value proportion as it has fallen to $31.59, almost 50% lower from its 52-week high of $63.39, P/E ratio of 15.80 and yield of 7.98%. Its possible that it may fall further if the drumbeat of recession takes some hold, however, for patient investors, it could turn out to be a good deal in my opinion, while getting paid for waiting.

I initiated 5 positions in STX at $31.34 on 2/05 and it’ll add $12.60 of passive income on an annual basis.

Also, I added small positions in Eaton Corp, plc (ETN), Orchids Paper Products Co. (TIS) and Vodafone Group plc (VOD).

Full Disclosure: Long on above mentioned securities.

Thanks for reading.

What do you think about these buys?