Tuesday, September 30, 2014

Recent Buy - Tompkins Financial (TMP)

It that time again where I make my monthly stock purchase. These monthly purchases started out as monthly purchases but are now getting close to every 3 weeks as my dividends help boost me over my $1000 minimum purchase total faster and faster.

This time I have decided to purchase a small bank called Tompkins Financial. Most of you may have never heard of this little bank but it is a dividend champion with 27 years of dividend raises. The company has been around for over 170 years and operates over 65 banks in the north eastern United States.

I was torn between buying more General Mills (GIS) and starting a position in Tompkins Financial (TMP) since both have been on a bit of a downtrend lately. Ultimately I went with TMP simply for more diversity.

A curious thing happened with my order at my brokerage. My purchase price was $44.50 which was actually higher than the daily range of the stock price over the entire trading day. The trading range went from $44.12 - $44.44 which I checked on a few sites. I have no idea how my brokerage managed to execute my order so poorly and even if it did go through shouldn't the daily range been at least $44.50 on the high range ? It wasn't a premarket order or anything like that, just a limit order which I wish I set a tad lower. Not a big deal but I've never seen that before.

TMP Stock Chart

TMP Basic Statistics

TMP Dividend Growth

Sunday, August 31, 2014

It's time to report on my August dividends and I nearly had my highest dividend total ever at $227.68 which just barely missed beating my June number by 23 cents. My recent purchase of KMI (pre merger news) helped bolster my income as did a couple of dividend raises that I've listed below.

August Dividend Increases

Kinder Morgan (KMI) - From .42 to .43 +2.3%
Clorox (CLX) - From .71 to .74 +4.2%

(The low growth in KMI is misleading as they tend to increase dividends multiple times per year.)

August Purchases
  • Coca Cola (KO) - 20 shares @ $39.38

August 2014 Dividend Income
  • AT&T (T) - $45.08
  • General Mills (GIS) - $22.55
  • WGL Holdings - $29.04
  • Clorox (CLX) - $14.06
  • Realty Income (O) - $18.28
  • Kinder Morgan (KMI) - $39.99
  • Proctor & Gamble (PG) - $21.88
  • Peoples United Financial  (PBCT) - $36.80

Total Dividends For August: $227.68

Looks like I've got that chart back on the right track after a weak July.

Monday, August 18, 2014

Top 40 Stocks Held By DGI Bloggers

I've always wondered what the most widely held dividend stocks are. Which names appeal to investors the most or at least to DGI (Dividend Growth Investors) like myself. So I thought I'd do a bit of investigative work. Pretty simply I counted up all of the positions held by my fellow dividend investors that are in my blogroll. Most of them have a link to their portfolios somewhere linked on their blogs which allowed me to see exactly what stocks they are holding at the moment. Then I just tallied up all of the names (and there was a lot) accordingly. As you can see there are a lot of familiar names.

Here I present to you the Top 40 dividend stocks held by my fellow DGI (Dividend Growth Investor) bloggers like me....

What do you think of the list? Do any of the stocks surprise you that they are that high or low ? There's some great names that didn't make the Top 40 as well. Companies like Visa (V), Caterpillar (CAT), Southern Company (SO) ,and Walgreens (WAG) didn't make the cut.

Wednesday, August 13, 2014

Liebster Award Nomination

 I've been nominated for a Liebster award from Ferdis over at DivGro and I'd like to thank him for thinking of me for the award! The Liebster award is a really neat way to get followers to connect with other blogs with similar content. It follows similar principles as a chain letter, in the sense that it should be passed forward to a certain number of people (in this case 5).  You just answer the questions posed by the nominator and then you nominate other blogs and ask them to answer 5 other questions of your own. So here goes ....

Here are the 5 questions DivGro asked of me:
1 - What is your favorite vacation destination?
I don't travel much at all but I have been to a few places like Colorado and Florida most recently but I think I'd love to go to Hawaii. That would be a beautiful place to visit, just not when a hurricane hits !

 2 - What is your favorite movie and why ?

This is a toughie for me, there's so many great movies to choose from. It's hard to compare great films from different genres too. I mean comparing a movie like "Schindler's List" against a comedy like "Snatch" or "Airplane" isn't easy. However if I'm forced to make a choice I'd go with "Lord Of The Rings - Fellowship Of The Ring" as my favorite. I love the movie and I've watched it countless times even if it's just for background noise while I'm on the computer.

3 - If I could go back in time what is the one thing you would tell the 21-year old version of yourself?

Aside from something like the winning lottery numbers I'd probably tell myself to go to college and earn a degree. That was my biggest mistake and one of the reasons why I'm not in a job I enjoy. 

4 - What is your favorite quote?
Normally I would say Carl Sagan's famous "Pale Blue Dot" speech but that might be a bit long to be considered a quote so I'll use another one of his ....

“Somewhere, something incredible is waiting to be known.”
― Carl Sagan
5 - What is the number one resource you use for your investment blog ?

I use several, many of which I have linked on my blog but without a doubt the one I use most is Yahoo Finance.
My Nominees are:

I honestly don't know if any of them have been nominated by other bloggers yet or not but I enjoy following these blogs and you may too. Also if your a nominee please don't feel obligated to continue this chain but if you'd like to just answer the 5 questions below ...

My 5 questions to the above bloggers are as follows.

1 - Why did you start your blog ?
2 - What is your favorite tv series ?
3 - What was your favorite car you've ever owned ?
4 - What is your worst stock market or financial mishap ?
5 - What if anything do you do for exercise ?

Thanks again DivGro for the nomination!