It has been a while since my last post, life gets busy and there is very little free time and we must allocate it efficiently and balance it with work hobbies family and friends.
with that said i plan to keep the blog posts more up to date. Now lets get to the march dividend income that i received from various companies.
AFL = $5.50
BP = $35.96
RDS-B = $23.65
COP = $8.87
CVX = $44.53
XOM = $22.95
UNP = $4.30
JNJ = $25.24
MCD = $24.48
UL = $13.02
F = $24.24
MMM = $2.16
NOV = $10.48
BBL = $12.43
SO = $15.77
So there we have it, a grand total dividend income of $282.38 from 16 different companies. That is equivalent to a 55 % increase from last years march dividend income of $182.26. I know i do not get an increase of 55 % in salary from my regular job, so i am grateful for this growing income stream.
It shows i am on the right track and all that capital that has been put to work is starting to produce returns.
The portfolio is a bit heavy towards the energy sector at this time but it should balance out nicely overtime, as i will not be adding fresh capital to the energy names.
How was your march income? Was it an improvement from the previous year? feel free to share or comment below and thanks for stopping by.
Once again the month of february is over and it is time to add up the dividend income received.
While a lot of stocks were selling at attractive prices due to the pullback in the prior month, they have now run up making it more
difficult to find quality companies selling at a discount. Well since i cant predict where the market is headed and am in the accumulation stage of my portfolio the best thing to do is deploy capital consistently and overtime that will increase my dividend income which is the main goal.
I initiated a position in Boeing adding 8 shares at a cost basis of around $119 per share. Boeing is a new addition to the portfolio. I also added 5 shares of Union Pacific at around $78 per share.
With that being said lets now look at the dividend income received from the following companies
Alliance Resource Partners (ARLP)=$100.35
Kinder Morgan (KMI)=$13.57
Proctor & Gamble (PG)=$17.98
Abbvie Inc (ABBV)=$25.21
Omega Healthcare (OHI)=$17.75
Caterpillar Inc (CAT)=$5.01
Total income received adds up to $236.77 for the month of February 2016.
An increase of 49 % from last years February income in which i received $157.93 in dividends. Even though i was affected by the kinder Morgan dividend cut, my dividends received still increased anyway. While it is a setback the impact will be minimal and i should be able to make up the income soon enough.
How was your February income? Do you have shares in any of the companies above? where you also affected by any dividend cuts? feel free to share or comment below.
January 2016 is over and while the market created some opportunities to buy quality companies at lower prices.
I took advantage and was able to add to my position in Toronto Dominion bank. I purchased 29 shares of TD at $35.58 which allowed me to lower my cost basis.
I also used my automatic sharebuilder purchases to increase my position in Union Pacific (UNP) by $275 and finally added 3m (MMM) to my portfolio another $275.
I realize these are small buys but i plan to average into these names overtime as cash available allows.
Eventually UNP and MMM will be a full position in the portfolio.
So now lets get to the dividend income, for the month of january i received the following;
Altria (MO) $4.01
Bank of Nova Scotia (BNS) $22.50
General Electric (GE) $22.69
Genuine Parts Company (GPC) $11.44
Phillip Morris International (PM) $72.28
Toronto Dominion Bank (TD) $11.45
Kraft Heinz Company (KHC) $3.24
W.P Carey Inc (WPC) $30.85
Walmart (WMT) $6.66
Total dividends received added up to $185.12 definitely and increase from the previous year January 2015 when i received $82.42.
I am glad to see my dividend income more than double year over year and it encourages me to consistently invest in great companies.
That is the start of this years income and i am sure there will be better months ahead, How was your January income? Did you add to any companies?
Feel free to share or comment below.
Welcome to Dividend force!
What a way to start the new 2016 year with a dividend growth investing blog.
I hope to share my journey with like minded investors as well as learn more about investing and blogging from
all of the community which provides support and inspiration.
Thank you for stopping by and feel free to comment on your beginning blog or portfolio strategies.