Dividend Income Update - April & May 2017

Welcome to my dividend income update for April & May 2017.


April 2017 Dividends 

• FFIC -- $9.12
• M -- $5.78
• GE -- $3.36
• CSCO -- $15.66
• MDT -- $8.60
• WPC -- $15.92

Total dividends received during the month of April 2017 = $58.44 


May 2017 Dividends 

• T -- $41.41
• AAPL -- $25.44
• ABBV -- $11.52
• HCP -- $12.95
• ETP -- $19.80
• PG -- $13.79
• KMI -- $8.75
• OHI -- $28.35
• VFIAX -- $0.00

Total dividends received during the month of May 2017 = $162.01 

The dividends are lesser compared to the previous months since I sold off my portfolio at Loyal3 and used the proceeds to pay off my car loan.

Total dividends earned in Year 2017 so far equals $669.78


Thanks for reading!

Loyal3 proceeds towards Car Loan

Hi Y'all,

Its been awhile since I posted and although I do have a few posts in draft, its been awhile!!

I have been working hard, running hard and spending quality time with the family. My soon to turn 2 year old son demands both, time and energy.

Its taken me time to analyze and process the closing down operations of Loyal3. 

I used to move money to Loyal3 every week and from Aug 2015 - April 2017, was able to save a considerable amount every paycheck. I could buy stocks for free. I will miss, Loyal3!!

Summary: (8/25/2015 --> 4/19/2017)

• Total deposits to Loyal3 = $14,000
• Total dividends earned = $319.89
• Final withdrawal from Loyal3 = $15,497.65
• On closure, I stand to lose yearly dividends = $355.73 

Portfolio (prior closure)

• 1.0711 shares of GOOGL 
• 1.0581 shares of Amazon (AMZN)
• 1.1472 shares of BRK.B
• 27.8412 shares of Coca Cola (KO)
• 5.0912 shares of Facebook (FB)
• 5.9709 shares of Intel Inc (INTC)
• 2.4881 shares of Hasbro Inc (HAS)
• 15.5117 shares of Macy Inc (M)
• 8.1666 shares of McDonald's Corp (MCD)
• 28.7124 shares of Microsoft (MSFT)
• 21.9707 shares of Nike (NKE)
• 14.6220 shares of Pepsi (PEP)
• 18.2285 shares of Starbucks Inc (SBUX)
• 18.9164 shares of Target (TGT)
• 28.0733 shares of UniLever (UL)
• 16.6199 shares of Wal-Mart (WMT)

I decided to sell all stock ($15, 497.65) and use the proceeds to pay off my Car loan of $11,682.99

I purchased a 2015 Acura MDX in the Fall of 2014 and took on a 4 year car loan with monthly payments of $691.67. My loan would be completed by October 2018. I was desperate to pay off the car and improve my cash flow and hence used a big chunk of closure money towards paying off the loan.

So, I am sad that Loyal3 is history cause this enabled me to save regularly and buy stocks for free. I am happy, was able to pay off the car loan thereby improving my cash flow.

This has also reduced my 12 month dividends by $355.73

We have been looking at buying a house and my current rent spend (approx. $1200) and the money that does not go towards a car payment ($691) can maybe go towards a mortgage payment. We will see how that works out!!

Until next time..

Quarterly Review Q1 2017

Welcome to my 1st quarterly review report of Year 2017 that summarizes actions I've taken during the January - March months. 

Quarterly reports would provide details such as Portfolio worth, dividend re-investment decisions and also review of progress made towards yearly goals.


Stock Portfolio: 

I've updated my Portfolio for your perusal.
The Retirement accounts = 401K and the Roth IRA = $24, 851.28
The Taxable accounts = $45, 060.15

This quarter, I've invested $500 in Loyal3, $3,564 in 401K, transferred $250 in my Scottrade Taxable account and re-invested dividends across all accounts.

Dividend Re-investments: 

Purchased 2 shares of WPC @61.599 in my ROTH IRA on 3/30.
Purchased 4 shares of GE @29.6369 in my Scottrade Taxable on 3/28.
Dividends re-invested in Loyal3 and 401K account as well.


Dividend increases during Q1:

OHI raised quarterly dividend from $0.61 to $0.62 on Jan 12th
HAS raised quarterly dividend from $0.51 to $0.57 on Feb 6th

3M raised quarterly dividend from $1.11 to $1.175 on Feb 7th

CSCO raised quarterly dividend from $0.26 to $0.29 on Feb 15th

ABX raised quarterly dividend from $0.02 to $0.03 on Feb 15th

PEP raised quarterly dividend from $0.7525 to $0.805 on Feb 15th

KO raised quarterly dividend from $0.35 to $0.37 on Feb 16th

WMT raised quarterly dividend from $0.50 to $0.51 on Feb 21st

FFIC raised quarterly dividend from $0.17 to $0.18 on Mar 1st

WPC raised quarterly dividend from $0.99 to $0.995 on Mar 16th

INTC raised quarterly dividend from $0.26 to $0.2725 on Mar 23rd

The above dividend increases helped bump my yearly dividends by $22.42


Review of Goal 2017:

Family Goals - 
1. Cook a meal once a month  FAIL

   I've cooked only a single meal, instead of the intended 3 meals. 

2. Date night once a month PASS
    I've taken time off and spent quality time with my dear wife. Once a month is less but its better than not having anything at all. 

3. Spend time with my kids PASS

    Our 18 month old is a handful and my wife needs some time off from the kids. When back from work, she runs the errands or takes the 9 year old out for gymnastics and I spend time with the 18 month old. 

4. Buy a house In-progress
    We're barely begun looking at homes in the area. The Lord willing, we'd buy this year. I would need to sell stock to raise the initial payments.  

Finance Goals -  
1. Contribute $18,000 towards the 401K PASS
    I've made contributions of $3,564 in Q1 towards the 401K. My mode of investing is via the Vanguard 500 Index Admiral (VFIAX) that has a quarterly distribution.

2. Earn $2,500 in dividends and $3K (over 12 month period) In-progress
     In Q1, earned a total of $449.33 and my stock portfolio will pay $1810.1 in dividends over the next 12 months.
I've invested $500 in Loyal3 and $3,564 in the 401K but have not made any purchases in the Roth or other taxable accounts. This goal may not materialize if I have to sell stock to accomplish buying of a house.

3. Invest $5,500 in Roth IRAs FAIL
I've invested $600 in my Roth IRA this quarter. Haven't opened an account for the wife as yet.

4. Contribute and Invest HSA dollars FAIL
    No contributions this quarter.

 5. Contribute $2K in taxable accounts - Loyal3, Scottrade and TD Ameritrade PASS
    Invested $500 in Loyal3 and $250 in Scottrade

6. 529 plans FAIL
    Yet to open accounts.

Fitness Goals - 
1. Run 400 miles thru' the year PASS
    I've run a total of 104 miles this quarter and am confident will run in excess of 400 miles in 2017. 

2. Ban on Cola consumption PASS
    I've been pretty successful. Reduced consumption by 90%.

3. Run a Half marathon In-progress
    I've got the mini scheduled on 28th April. Will share more details next quarter. 

Spiritual Goals - 
1. Read Bible daily FAIL
    Need to make this a priority :(

2. Pray w/ family once a week PASS
   We're been successful doing the worship/bible read once a week.


Career Goals - 
1. Add a certification FAIL
    Yet to begin training.

2. Obtain a job in OH, or NC, or Texas FAIL
   Not sure whether this would happen this year. 

I'll need to evaluate the 2017 goals and may need to strike a few if we plan on buying a home. Having this list does help me stay focused and accomplish more than I would have if I had no goals.

Thank you for reading! Please do let me know whether you're had time to take stock of progress made during the 1st Quarter.

Dividend Income Update - March 2017

Welcome to my dividend income update for March 2017.

Each month I 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.

March 2017 Dividends -

Total dividends received during the month of March 2017 = $201.03. Yay!! This is the first time I've crossed $200 in a month.

My 401K quarterly dividend has grown from $15.77 (09/2016) to $49.33 (in 12/2016) to $59.85 this month. As I continue to have 18% taken off my weekly checks, I will soon cross $100 per quarter before this year is over.

This has been an approximately 210%+ increase as compared to March 2016 (Dividends = $64.28) and approx. 28% increase as compared to December 2016.  

Total dividends earned in Year 2017 so far equals $449.33


Thanks for reading!

Loyal3 Purchases - 1/18, 3/01 and 3/22

As per my strategy of investing periodically this post highlights purchases made on 1/18, 3/01 and 3/22.

1/18:
Target Corp. (TGT) - 2.6015 shares @$67.27 ($175). Yield = 3.56%

$175 of new capital invested and adding $6.24 to my annual dividend income.

3/01:
Target Corp. (TGT) - 2.5849 shares @$58.03 ($150). Yield = 4.13%

$150 of new capital invested and adding $6.20 to my annual dividend income.


3/22:
CoCa-Cola Co (KO) - 1.7668 shares @$42.45 ($75). Yield = 3.48%

Nike Inc (NKE) - 1.8373 shares @$54.43 ($100). Yield = 1.32%

Intel Corp (INTC) - 2.1295 shares @$35.22 ($75). Yield = 3.09%

$250 of new capital invested and adding $6.25 to my annual dividend income.

Dividend Income Update - February 2017

Welcome to my dividend income update for February 2017.

Each month I 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.

February 2017 Dividends -  

Total dividends received during the month of Feb 2017 = $157.98

This is my first dividend from OHI after making purchases of the stock on 
28th December 2016.

HCP pays dividends in May, August, November and March and hence there is no dividend in February. 

This has been an approximately 35% increase as compared to February 2016 (Dividends = $117.2) and approx. 18% decrease as compared to November 2016.  

Total dividends earned in Year 2017 so far equals $248.30

Thanks for reading!

Dividend Income Update - January 2017

Welcome to my first dividend income update for Year 2017. 

Each month I 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.

January 2017 Dividends -  

General Electric (GE) - $3.36
Cisco Systems Inc (CSCO) - $14.04
W.P. Carey (WPC) - $15.84
Macy's Inc (M) - $11.58
Nike Inc (NKE) - $3.62
Disney (DIS) - $15.60
Flushing Financial Corporation (FFIC) - $8.56
Wal Mart Stores Inc. (WMT) - $7.97
PepsiCo Inc. (PEP) - $9.75

Total dividends received during the month of January 2017 = $90.32

This has been an approximately 55.8% increase as compared to January 2016 (Dividends = $57.96)  

Thanks for reading!