October 2014 Dividends
One of those odd months where I had more dividend come in my smaller taxable account vs. my IR. Here is a quick breakdown. The biggest company being Windstream where I have a large percentage of it in my taxable portfolio. I did switch this dividend to not be automatically reinvested. Instead it went to cash and I used it along with my remaining cash to purchase shares of MCD when it had a good dip this month. I haven't written about McDonald's yet but there are plenty of articles already out there on it.
I did not have a goal for total dividends set for this year since this is the first year I am actively investing in a dividend portfolio. Regardless I am doing quite well with $627.62 of income from my taxed account. This is light-year's past my total dividends from last year. The IRA is doing better at $1,168 but if I were to lose my job or retire early that income doesn't do me much good until I can withdrawal it penalty free.
What was your best buy this month on the market dip?
Full Disclosure: Long on MCD
Congrats on a solid month! Do you have a goal set for dividends in 2015?
ReplyDeleteHey Henry,
DeleteI am thinking of taking this year and bumping it 10%. I don't expect any huge raise next year so I will have to get creative to reach that goal. Sound reasonable?
DFG
DFG,
ReplyDeleteAlmost at the $2,000 dividend mark for this year, excellent!
Glad to be a fellow shareholder of MCD. It seems like you bought into the company at exactly the right time.
Cheers,
NMW
Thanks NMW.
DeleteYeah that is leaps and bounds compared to last year. I will need to keep momentum going. I also like the features you added to your spreadsheet regarding the year of year increases in dividends.
DFG
Hi DFG,
ReplyDeleteCongrats on $600+ of dividend income a year, that's awesome - and the great thing about it is you'll get more than that amount each year going forward without lifting a finger!
Best wishes,
-DL