I had 4 free trades and approximately $1000 in my account. I wasn't going to miss out on the opportunity to open new positions or average down on an existing position.
I purchased 10 shares of the General Electric Company (GE) on 7/6/15 for $26.2299 per share. This is a new position and I intend to keep buying in increments of 25 shares until I have approx. 100 shares.
This purchase adds $9.20 to my annual dividend income, based on the current $0.23 quarterly dividend.
Dividend Yield: 3.38%
Payout Ratio: 71.3%
Dividend Growth: 5 years (since 2010)
I purchased 8 shares of BHP Billiton PLC (BBL) on 7/6/15 for $38.2288 per share. This is a new position and I intend to keep buying in increments of 25 shares until I have approx. 100 - 125 shares.
This purchase adds $19.84 to my annual dividend income, based on the current $1.24 semi-annual dividend.
Dividend Yield: 6.39%
Payout Ratio: 86.1%
I also purchased 5 shares of Kinder Morgan Inc. (KMI) on 7/6/15 for $37.4691 per share. This isn't a new position and since I had a free trade, I averaged down and got a few more shares. I initiated a position on 6/4/15 picking up 25 shares @40.2691. I intend to keep buying in increments of 25 shares until I have approx. 100 - 125 shares.
This purchase adds $9.80 to my annual dividend income, based on the current $0.49 quarterly dividend. .
Dividend Yield: 5.31%
Payout Ratio: 245.0%
Dividend Growth: 4 years (since 2011)
I also purchased 7 shares of HCP Inc. (HCP) on 7/6/15 for $37.09 per share. This isn't a new position and since I had a free trade, I averaged down and got a few more shares. I initiated a position earlier on 2/10/15 picking up 23 shares @42.39.
This purchase adds $15.82 to my annual dividend income, based on the current $0.565 quarterly dividend. .
Dividend Yield: 6.03%
Payout Ratio: 72.7%
Dividend Growth: 29 years (since 1986)
The four purchases will add $54.66 to my annual dividend income.
My dividend stock portfolio will pay $578.28 in dividends over the next 12 months.
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.
The Walt Disney Company (DIS)
Disney (NSE: DIS) declared a 15% increase. The yearly dividend increased from $1.15 to $1.32 per share. The company is also starting to pay dividends twice a year – instead of annually as has been its custom for years.
The dividend will be payable on July 29, 2015, to stockholders of record on July 06, 2015.
Dividend Yield: 1.12%
Annual Payout: $1.32 (Paid Semi-Annual)
Payout Ratio: 26.1% (EPS: $5.05)
Dividend Growth: 4 years (Since 2011)
I own 20 Disney shares and hence my yearly dividends will increase by $3.40.
W.P. Carey Inc. (WPC)
W.P. Carey Inc. (NSE: WPC) announced its 57th consecutive quarterly dividend increase, a dividend of 95.4¢ per share, payable on 15 July to shareholders of record on 30 June.
The yearly dividend increased from $3.81 to $3.82 per share.
Dividend Yield: 6.31%
Annual Payout: $3.82 (Paid Quarterly)
Payout Ratio: 93.3% (EPS: $4.09)
Dividend Growth: 14 years (Since 2001)
I own 16 W.P. Carey shares and hence my yearly dividends will increase by $0.16.
My dividend stock portfolio will pay $523.62 in dividends over the next 12 months.
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 9 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.
June 2015 Dividends received
Flushing Financial Corporation (FFIC) - $8.00
Wells Fargo & Co (WFC) - $7.50
Johnson & Johnson (JNJ) - $7.50
Total dividends received during the month of June: $23.00
I did not have dividend earnings in June 2014 and hence cannot do a %increase comparison.
Thanks for reading!
