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.
Energy Transfer Partners (ETP)
Energy Transfer Partners, L.P. (ETP) announced on Monday, 10/26/2015 a $0.02 (or 1.9%) increase in its quarterly distribution to $1.055 per ETP common unit ($4.22 annualized) for the third quarter ended September 30, 2015.
This marks the ninth consecutive quarter that ETP has raised its distribution. The cash distribution will be paid on November 16, 2015 to unit holders of record as of the close of business on November 5, 2015.
I own 25 ETP shares and hence my yearly dividends will increase by $2.00 to $980.41.
Starbucks (SBUX)
Starbucks Corp (SBUX) announced a 25% increase in its cash dividend on Thursday, 10/29/2015. The quarterly cash dividend will increase from $ 0.16 to $ 0.20 per share and payable on Nov 27, 2015 to shareholders on record as of Nov 12, 2015. The annual dividend rate goes up from $ 0.64 to $ 0.80.
I own 5.2111 SBUX shares and hence my yearly dividends will increase by $0.83 to $981.24.
AbbVie Inc. (ABBV)
AbbVie announced an approximately 12% increase in its cash dividend on Friday, 10/30/2015. The quarterly cash dividend will increase from $0.51 to $0.57 per share beginning with the dividend payable on February 16, 2016 to shareholders of record as of January 15, 2016.
I own 18 ABBV shares and hence my yearly dividends will increase by $4.32 to $985.56.
As per my strategy of investing periodically i.e. weekly, every Tuesday this post highlights purchases made on 10/27.
10/27:
WMT - 1.7349 shares @$57.64 ($100). Yield = 3.40%
SBUX - 1.5959 shares @$62.66 ($100). Yield = 1.02%
$200 of new capital invested and adding $4.42 to my annual dividend income.
I will continue to add Wal-Mart under $60 - $62.
These purchases increase my total annual projected dividends to $978.41
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.
Kinder Morgan Inc. (KMI)
Kinder Morgan, Inc. (NYSE: KMI) today announced that its board of directors approved an increase in its quarterly cash dividend to $0.51 ($2.04 annualized) payable on Nov. 13, 2015, to shareholders of record as of the close of business on Nov. 2, 2015. This represents a 16 percent increase over the third quarter 2014 dividend of $0.44 per share ($1.76 annualized) and is up from $0.49 per share ($1.96 annualized) for the second quarter of 2015. This is KMI’s 15th quarterly dividend raise since it went public in February 2011.
Dividend Yield: 6.98%
Annual Payout: $2.04 (Paid Quarterly)
Payout Ratio: 283.3% (EPS: $0.72)
Dividend Growth: 4 years (Since 2011)
I own 70 KMI shares and hence my yearly dividends will increase by $5.60 to $973.99.
As per my strategy of investing periodically i.e. weekly, every Tuesday this post highlights purchases made on 10/20.
10/20:
TGT - 1.3414 shares @$74.55 ($100). Yield = 3%
WMT - 1.7007 shares @$58.80 ($100). Yield = 3.33%
$200 of new capital invested and adding $6.33 to my annual dividend income.
Target Corporation (TGT) is a new position. Loyal3 provides investors an opportunity to buy positions in many a dividend aristocrat.
Target has continuously increased its dividend payout every year for the past 47 years.
Also added to my position in Wal-Mart after the quarterly results.
These purchases increase my total annual projected dividends to $968.39
I purchased 25 shares of Energy Transfer Partners LP (ETP) on 10/16/15 for $46.719 per share. Total spend including a $7 transaction fee = $1,174.98.
This is a new position and the intention is to buy another 25 shares if ever I get a lower price.
Dividend Yield = 8.86%
Annual Payout = $4.14
Payout Ratio = 517.5%
Dividend Growth = 2 years
52 Week High = 11/18/2014| 69.66
% Off 52 Week High = (32.74)%
Beta (5 Yr) = 1.04
Payable = $1.035 - QRTR
Energy Transfer Partners, L.P. (NYSE:ETP) is a master limited partnership owning and operating one of the largest and most diversified portfolios of energy assets in the United States. ETP's subsidiaries include Panhandle Eastern Pipe Line Company, LP (the successor of Southern Union Company) and Lone Star NGL LLC, which owns and operates natural gas liquids storage, fractionation and transportation assets. In total, ETP currently owns and operates approximately 62,500 miles of natural gas and natural gas liquids pipelines. ETP also owns the general partner, 100% of the incentive distribution rights, and approximately 67.1 million common units in Sunoco Logistics Partners L.P. (NYSE:SXL), which operates a geographically diverse portfolio of crude oil and refined products pipelines, terminalling and crude oil acquisition and marketing assets. Additionally, ETP owns approximately 51% of the limited partner interests in Sunoco LP (formerly Susser Petroleum Partners LP) (NYSE:SUN), a wholesale fuel distributor and convenience store operator. ETP's general partner is owned by Energy Transfer Equity, L.P. (NYSE:ETE).
This purchase adds $103.50 to my annual dividend income, based on the current $1.035 quarterly dividend.
My dividend stock portfolio will pay $962.06 in dividends over the next 12 months.
As per my strategy of investing periodically i.e. weekly, every Tuesday this post highlights purchases made on 10/13.
10/13:
I opened new positions in Microsoft Corp (MSFT) and PepsiCo Inc (PEP).
MSFT - 2.1250 shares @$47.06 ($100). Yield = 3.06%
PEP - 1.0152 shares @$98.50 ($100). Yield = 2.82%
$200 of new capital invested and adding $5.91 to my annual dividend income.
These weekly purchases add $5.91 to my annual dividends resulting in a 2.95% yield.
These purchases increase my total annual projected dividends to $858.56.
As per my strategy of investing periodically i.e. weekly, every Tuesday this post highlights purchases made on 9/29 and 10/06.
9/29:
SBUX - 1.7870 shares @$55.96 ($100). Yield = 1.14%
WMT - 1.5713 shares @$63.64 ($100). Yield = 3.01%
$200 of new capital invested and adding $4.16 to my annual dividend income.
10/06:
KO - 2.4319 shares @$41.12 ($100). Yield = 3.21%
BRK.B - 0.7594 shares @$131.68 ($100).
$200 of new capital invested and adding $3.21 to my annual dividend income.
These weekly purchases add $7.37 to my annual dividends resulting in a 1.84% yield.
These purchases increase my total annual projected dividends to $852.65.
The Flexible Reinvestment Program (FRIP) offered by Scottrade allows the accumulation of dividend payments from ones equities to purchase full shares of ones choice, commission free.
The following are the FRIP purchases I made on 9/28/2015.
CISCO – 1 shares@25.739
This purchase adds $0.84 to my annual dividend income, based on the current $0.21 quarterly dividend.
My dividend stock portfolio will pay $845.28 in dividends over the next 12 months.
I purchased 12 shares of 3M Company (MMM) on 9/18/15 for $140.35 per share.
This is a new position and the intention is to make 3M a core holding i.e. buy incrementally until I have approximately 50 - 70 shares.
Dividend Yield = 2.92%
Annual Payout = $4.10
Payout Ratio = 52.8%
Dividend Growth = 56 years
52 Week High = 03/02/2015| 170.50
% Off 52 Week High = -21.48%
Beta (5 Yr) = 1.1
Payable = $1.025 - QRTR
Transaction fees = $7
This purchase adds $49.20 to my annual dividend income, based on the current $1.025 quarterly dividend.
My dividend stock portfolio will pay $844.44 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.
September 2015 Dividends -
Flushing Financial Corporation (FFIC) - $8.00
Wells Fargo & Co (WFC) - $7.50
Johnson & Johnson (JNJ) - $7.50
Emerson Electric Co (EMR) - $13.16
BHP Billiton Plc (Britain) - $9.92
Total dividends received during the month of September: $46.08. This is a 100% increase over the previous quarter earnings of $23. This is the first quarter that I've received dividends from EMR and BBL.
One of my goals is to receive $400 in dividend income during this calendar year. I've now received $322.42 in the first 9 months. This is 80% of my goal.
Thanks for reading!
