April 2015 Dividends
Doing better this
month as it is only May 8th and I already know how much life I gained back last
month. Even without additional capital I
am still working towards my end goal
of financial independence.
Company
|
Held In
|
Dividend Paid (Qtr.)
|
Amount Received
|
Shares of Life
|
Note
|
CRWS
|
IRA
|
0.08
|
1.45
|
0.1786
|
Not
sure why I bought this, no div increase since 2013
|
UBSI
|
IRA
|
0.32
|
32.93
|
0.8763
|
|
GPC
|
IRA
|
0.615
|
6.89
|
0.0739
|
%7 div
increase
|
WIN
|
Taxable
|
0.392
|
30.3
|
N/A
|
Stopped
automatic reinvestment
|
RSO
|
Taxable
|
0.16
|
18.58
|
4.1381
|
Div
cut, time to sell
|
GE
|
Taxable
|
0.23
|
6.08
|
0.2269
|
|
WIN
|
Taxable
|
1.5
|
111.4
|
14.173
|
Div
cut from reverse split
|
HRZN
|
Taxable
|
0.115
|
6.93
|
0.4964
|
|
VNR
|
Taxable
|
0.1175
|
0.26
|
0.0178
|
|
AGNC
|
Taxable
|
0.22
|
6.17
|
0.2853
|
Div
cut for the June payout
|
I liked Dividend
Life's view of the big picture so I updated my dividends page. Most likely I will not retire until I can
draw from my IRA so I am back to including that in my running total. With that said my total for the month was
$221 which isn't bad. Almost could pay
more quarterly water bill with that.
The biggest change
this month was the reverse split by WIN.
It was a 6-1 and the dividend was also cut. I did get some shares of the REIT spinoff but
we will see if that compares to the $.25 I was getting before the reverse
split.
There is also some
cleanup work I need to do with the dividend cutters. Some are worthless and I will hold them as
they are still paying something. There
are a few though I could sell and recoup some of my original investment. Sentimental value is tough as I have never
sold a stock yet. I have to weigh the
commission fee in any sale to see if it is even worth the $7 I would spend to
part ways.
Happy dividend
collecting,
DFG
DFG,
ReplyDeleteQuite a lot of cuts in the list, sadly. I hope that you won't have to endure many more! Still, your progress is great and this month was another great one on the dividend income front.
Keep it up,
NMW
Yep those were early stock purchases before I learned anything. Just companies recommended by some website. Won't do that again now that I know better.
DeleteThanks for stopping by NMW.
Hi DFG,
ReplyDeleteLooks like a good increase over this time last year from your Dividends page! I like the chart by the way although I'm biased ;)
I'd say that a $7 commission over a long holding period isn't going to make much difference. I know it's a psychological thing and I'm bad at that too, but if you have a good replacement stock in mind then sell and buy the new one.
Perhaps you could consider allocating a percentage of your portfolio to the riskier / higher yield stocks so that the overall effect of a cut is more limited?
Best wishes,
-DL
Good point DL. I don't have much in those losers so the $7 may not be worth it. Still deciding.
DeleteThanks,
DFG
Cracking $200 for a month total is a great figure. Keep at it. Just think what that passive cash can pay for in one month. Groceries (part), gas, electric bill, cel phone and many more things. I would take a closer look at my holdings and limit some of the riskier yielding stocks and look for more stable growing dividend payers instead. Just my 2 cents.
ReplyDeleteThe day I am able to pay for my groceries every month with dividends will be a great day! My stock picking has definitely changed since since I started reading blogs in the community. I have learned a tremendous amount from you all. Thanks.
Delete