Saturday, April 8, 2017

Dividend Update - March 2017

It's time for my March dividend update! Looks like a pretty solid month for me here as I managed to earn $392.61 in dividend income. This is a YOY increase of 35.6%! I'm pretty happy with that growth. The timing on my purchases and sells couldn't have been worse as they have all turned against me in the short term. Glad I'm not a trader!

Last month I made three purchases and I made one sale which I've listed below.

March Stock Sells
  • Cullen & Frost (CFR) - 18 shares @ $84.21 = $1515.78
March Stock Purchases
  • General Mills (GIS) - 18 shares @ $59.36 = $1075.43
  • Southern Company (SO) - 30 shares @ $50.22 = $1513.55
  • Cisco (CSCO) - 41 shares @ $34.40 = $1417.35
March Dividend Increases
  • Compass Minerals (CMP) - From .695 to .72 (+3.5%)
  • Avista (AVA) - From .343 to .358 (+4.3%)
March Dividend Income
  • Exxon (XOM) - $51.00
  • Johnson & Johnson - (JNJ) - $48.80
  • Compass Minerals - (CMP) - $23.04
  • McDonalds - (MCD) - $32.90
  • Avista - (AVA) - $20.74
  • Cullen/Frost Bank (CFR) - $9.72
  • Unilever (UL) - $19.26
  • Kraft/Heinz (KHC) - $25.80
  • Flowers Foods (FLO) - $74.40
  • Pepsi (PEP) - $32.36
  • Powershares Muni Bond ETF (PZA) - $9.98
  • Universal Health Trust (UHT) - $32.75
  • Travelers (TRV) - $8.04
  • Realty Income (O) - $3.82
Total Dividends March 2017: - $392.61

In the chart below you can see my dividend growth. It looks like my quarterly moving average is finally starting to return to the upside again.

Friday, March 24, 2017

Dividend Update - February 2017

It's time for my February dividend update! Actually I'm pretty late posting this as I've been lazy in my posting. Anyway my income for the month was $319.44, which is an increase of 10% over last quarter. That would be great if I could have that type of growth every quarter!

Last month I made two purchases and I made one sale which I've listed below.

February Stock Sells
  • Tompkins Financial (TMP) - 45 shares @ $89.65 = $4026.16
February Stock Purchases
  • Cisco (CSCO) - 32 shares @ $31.56 = $1017.92
  • Verizon (VZ) - 81 shares @ $49.41 = $4010.21
February Dividend Increases
  • AT&T (T) - From .48 to .49 (+2%)
  • Abbott Labs (ABT) - From .26 to .265 (+2%)
February Dividend Income
  • General Mills (GIS) - $37.44
  • WGL Holdings (WGL) - $32.18
  • AT&T (T) - $110.25
  • Verizon (VZ) - $13.28
  • Clorox (CLX) - $15.20
  • Proctor & Gamble (PG) - $32.14
  • Abbott Labs (ABT) - $7.16
  • Tompkins Financial (TMP) - $20.25
  • Peoples United Financial (PBCT) - $37.91
  • Realty Income (O) - $16.80
  • Powershares Muni Bond ETF (PZA) - $9.83
Total Dividends February 2017: - $319.44

In the chart below you can see my dividend growth, you will notice in the past 6 months my income has been reduced slightly, that was due to my sale of Realty Income. I used the proceeds to pay off my mortgage and I have now started to reinvest in Realty Income again (this time in a Roth IRA tax advantaged account ).

Tuesday, February 21, 2017

Recent Sell - Tompkins Financial (TMP)

Today was a rare day for me. I sold one of my positions completely. It's been a long time since I've sold one of my stocks and I don't plan on making a habit of this but when circumstances change so dramatically in such a short time I can't help but to evaluate and take action if I fell it is warranted.

This time around an old friend of mine in Tompkins Financial (TMP) was on the chopping block. Tompkins Financial Corporation is a small, diversified financial services company based in Ithaca, New York with banking branches across New York and Pennsylvania.

My decision to sell wasn't because of an accounting scandal or poor management. Quite the contrary and through no fault of their own TMP has simply become grossly overvalued.

 As you can see the stock has made quite a run in the last couple of years, nearly doubling since I purchased it in 2014. I kinda wish it had not made such a run so I could keep buying at a better yield, but now the yield is at 2% and the last dividend raise was a modest 2.3% raise when they typically raise 5% or so. TMP has very steadily growing earnings and even through the financial crisis earnings grew and the stock performed better than any other financial entity I can think of. That being said the valuation has grown far in excess of earnings growth and I am going to wait for the inevitable pullback before buying again.

With the funds from the sale I purchased 81 shares of Verizon (VZ) which offers a better yield and is a far better value at this time.

Sunday, February 5, 2017

12 Undervalued Dividend Growth Stocks

I just wanted to share a nice roundup of attractive dividend growth stocks that Chuck Carnevale compiled over at Seeking Alpha. These are stocks which Chuck feels are technically undervalued currently and he gives his reasons in the video below. I had two of these on my radar for my next purchase.

Here is a quick chart with Chucks metrics.