Dividend Income Update - May 2015

Each month I will post dividends received to keep track of earned passive income. Opening a new position or adding to an existing position on a regular basis causes increases in income on a monthly or quarterly basis.

I've begun investing only since the last 8 months i.e. since Oct 2014 and I'm beginning to experience a wee bit of the snowball effect. Many a drop, makes an ocean.

May 2015 Dividends received 

• AT&T Inc. (T) - $9.40
• Apple Inc. (AAPL) - $15.60
• HCP, Inc. (HCP) - $13.00
• AbbVie Inc. (ABBV) - $9.18

Total dividends received during the month of May: $47.18.

I did not have dividend earnings in May 2014 and hence cannot do a %increase comparison.

One of my goals is to receive $400 in dividend income during this calendar year. I've now received $132.20 in the first 5 months. This is 33% of my goal. I've some catching up to do.I may not be able to meet my goal due to expenses later this year (expecting our 2nd baby and a trip to home country)

Thanks for reading!

Dividend Increases - Macy's

I track dividend increases for stocks that I own. 
A dividend increase means more money every quarter and therefore yearly. It translates to additional dividend income.

Macy's Inc. (M)
Macy's (NYSE: M) declared a 15.2% increase. The quarterly dividend increased from $0.3125 to $0.36 per share, or $1.44 annualized. 

The dividend will be payable on July 1, 2015, to stockholders of record on June 15, 2015, with an ex-dividend date of June 11, 2015.


Dividend Yield: 2.11%
Annual Payout: $1.44 (Paid Quarterly)
Payout Ratio: 30.6% (EPS: $4.71)
Dividend Growth: 4 years (Since 2011) 

I own 15 Macy's shares and hence my yearly dividends will increase by $2.85.
My dividend stock portfolio will pay $471.22 in dividends over the next 12 months.

Recent Buy - W.P.Carey Inc

I had approximately $1K sitting in my newly opened Roth IRA and decided to put the capital to use. The market was in the red and I couldn't resist!!

This is a new position and one that many have purchased in the recent past and is approx 14% off 1 year highs. 

I purchased 16 shares of W.P. Carey Inc. (WPC) on 5/6/15 for $62.99 per share.

This purchase adds $60.96 to my annual dividend income, based on the current $0.9525 quarterly dividend.


 My dividend stock portfolio will pay $468.37 in dividends over the next 12 months.

Jan-Apr 2015 Update

Dividends Received

Total dividends received during the initial 4 months were $85.02.


Purchases 

The following were the purchases made during the initial 4 months;

• $1,011.20 of Wells Fargo
• $1,010.50 of Johnson & Johnson
• $951.29 of Cisco Systems
• $1,033.74 of AbbVie Inc.
• $975.20 of HCP, Inc
• $976.17 of AT&T Inc. (Roth IRA)

Total new capital invested = $5,958.10

Dividend Increases

• JNJ 7.1% increase. Annual payout: $2.80 -> $3.00. 
• ABBV 4.1% increase. Annual payout: $1.96 -> $2.04.
• APPL 11% increase. Annual payout: $1.88 -> $2.08.
• FFIC 6.7% increase. Annual payout: $0.60 -> $0.64.
• WFC 7% increase. Annual payout: $1.40 -> $1.50.
• CSCO 11% increase. Annual payout: $0.76 -> $0.84.
• HCP 3.7% increase. Annual payout: $2.18 -> $2.26.

Annualized Dividend Income

As of today, my dividend stocks will pay $407.41 in dividends over the next 12 months.