Monthly Archives: August 2016

Monthly Dividend Income – August 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 over $1000+ in total passive dividend Income for the first time: $1069.01 to be precise . This month, my dividend income was more than 24.87% compared to last May and out of park as compared to last Aug, over 239%.That’s awesome and crossing $1000 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 – Aug 2016

1. Dividend Re-Investment Plan Portfolio (DRIP) 
Abbvie Inc. (ABBV): $28.50
Colgate-Palmolive Co. (CL): $5.85
The Clorox Company (CLX): $16.00
Welltower, Inc. (HCN): $17.20
Kinder Morgan, Inc. (KMI): $9.38
Omega Healthcare Inv., Inc. (OHI): $30.00
Proctor & Gamble Company (PG): $43.52
AT&T Inc. (T): $24.00
Verizon Com. Inc. (VZ): $28.25

2. High Dividend Income Growth Portfolio (HID
Abbott Laboratories (ABT): $13.00
American Capital Agency (AGNC): $20.00
EPR Properties (EPR): $17.60
Eaton Corp. (ETN): $17.10
General Mills Inc. (GIS): $9.60
WellTower Inc. (HCN): $34.40
Kinder Morgan Inc. (KMI): $37.50
Realty Income Corp (O): $24.94
Omega Healthcare Inc. (OHI): $180.00
ONEOK Inc. (OKE): $184.50
Prospect Capital (PSEC): $12.50
Pimco Corp & Opportunity (PTY): $13.00
AT&T Inc. (T): $72.00
Orchids Paper Products Co. (TS): $35.00
Vodafone Group, plc. (VOD): $153.59

3. Roth IRA
HCP, Inc. (HCP): $28.75
Deere & Comp. (DE): $7.20
Kinder Morgan Inc. (KMI): $5.63

Total Passive Dividend Income: $1069.01

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 $6249.83. This month of Aug was superb for me as I crossed $1000+ and highest ever score so far!

Full Disclosure: Long in all above mentioned securities.

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

Recent Buy – EPR, STWD

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 the 2 buys in second week of Aug, 2016:

1) EPR Properties (EPR)
Reits have become expensive in general but I still find there is some value there, although, there could be significant pull back in case Fed ticks the rate up. So, this is a risky bet that I’m taking. I added positions in EPR on 8/11 at $80.00. It’ll add $19.20 of passive dividend income on an annual basis.

2) Starwood Property Trust, Inc. (STWD)
As I mentioned that reit segment is getting overheated and this has a higher risk to significant correction as well. But, as a long-term investor, this could be good addition to the portfolio. I bought 20 positions in STWD at $22.30 on 8/11 and it’ll add $38.20 of passive income on an annual basis.

Full Disclosure: Long on above mentioned securities.

Thanks for reading.

Recent Buy – BNS, GE, COP

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.

Although, it is getting difficult to find companies at fair valuation, I still pulled triggered on following companies in first week of Aug, 2016:

1) Bank of Nova Scotia (BNS)
This is my 10th buy of BNS this year, a marathon buying spree indeed! It only shows how much I value it over the rest of all of my companies. I added 10 positions in BNS on 8/05 at $50.26. It’ll add $28.80 of passive dividend income on an annual basis.

2) General Electric Co. (GE)
I recently added GE and got another 10 positions in GE at $31.26 on 8/05 and it’ll add $9.20 of passive income on an annual basis.

3) ConocoPhillips (COP)
Carnage in oil sector was brutal however, it has drastically recovered over last several weeks. COP had significantly cut its dividend in this tumult. There are still risks in this sector, but, I think that COP provides greater rewards in future. To that end, I bought 5 positions in COP on 8/05 at $40.53 in my taxable account. It will add $5.00 of passive income on an annual basis that I do not need to work for.

Full Disclosure: Long on above mentioned securities.

Thanks for reading.