Monday, July 21, 2014

Recent Buy - Kinder Morgan (KMI)

Today I purchased another 31 shares of Kinder Morgan (KMI) at $37.46 which now gives me a grand total of 93 shares. I would have loved to buy this at the prices we saw in April but KMI has been on a roll as the rest of the markets seem to have been.

This purchase comes just days after KMI announced their 2nd quarter results, however my purchase had little to do with the results. KMI did declare a $0.43 per share dividend, up 2.38% from last quarter's $0.42, and up 7.5% from last year's $0.40 per share. I was looking to purchase an August dividend payer for next month and had my eye on a couple of stocks but ultimately went with KMI since they are raising the dividend next payment.

Kinder Morgan, Inc. owns and operates energy transportation and storage assets in the United States and Canada. The company owns an interest in or operates approximately 75,000 miles of pipelines and 180 terminals. Its pipelines transport natural gas, gasoline, crude oil, CO2 and other products, and its terminals store petroleum products and chemicals and handle such products as ethanol, coal, petroleum coke and steel. The company also owns the general partner and approximately 11% of the limited partner interests of Kinder Morgan Energy Partners, L.P., referred to as ‘KMP.

KMI Stock Chart

KMI Basic Statistics

  • Ticker Symbol: KMI
  • PE Ratio: 32.9
  • Yield: 4.7%
  • Dividend Growth 5yr:  10%
  • Payout Ratio: 139%
  • Market cap: $38.6 B
  • Website: http://www.kindermorgan.com

KMI Dividend Growth

Thursday, July 3, 2014

June Dividend Update


It's time to report on my June dividends and I'm pleased to announce that my June dividend total was $227.91! This is my highest dividend month ever. This was a bit more than my previous high of $213.13 which I reached just last month and over a 30% increase over last quarter where I earned $173.79 in March. This was partially due to stock purchases, dividend raises and Walmart's dividend moving from early July to late June. Walmart's dividend date has jumped around a few times since I've owned it. I don't expect my July dividend totals to break the $200 mark since I won't be receiving my Walmart dividend and I also just missed the ex-div date for my latest purchase of Piedmont Natural Gas which would have payed in July as well. So it looks like I'll have to wait till October to enjoy those returns.


June Dividend Increases
  • Chevron (CVX) - From 1.00 to 1.07 +7%
  • Johnson & Johnson (JNJ) - From .66 to .70 +6%
  • Universal Health Realty Income Trust (UHT) - From .625 to .63 +0.8%
  • Pepsi (PEP) - From .568 to .655 +15.3%

June Purchases
  • Piedmont Natural Gas (PNY) - 32 shares @ $36.80

June 2014 Dividend Income
  • Universal Health Realty Income Trust (UHT) – $31.50
  • Pepsi (PEP) – $28.17
  • Realty Income (O) – $18.25
  • McDonald's (MCD) - $28.35
  • Avista (AVA) - $18.42
  • Lorillard (LO) - $17.22
  • Johnson & Johnson (JNJ) - $11.90
  • Chevron (CVX) - $57.78
  • Walmart (WMT) - $16.32

Total Dividends For June: $227.91 


Friday, June 27, 2014

Recent Buy - Piedmont Natural Gas (PNY)

Earlier this week I added to my position in Piedmont Natural Gas (PNY). Piedmont Natural Gas Company, Inc., an energy services company, engages in the distribution of natural gas to residential, commercial, industrial, and power generation customers in North Carolina, South Carolina, and Tennessee. It also operates energy-related businesses, including unregulated retail natural gas marketing, regulated interstate natural gas storage, and intrastate natural gas transportation.

I purchased another 32 shares at $36.80 which totaled $1187 and now gives me an even 100 shares of this dividend champion. Sadly I missed the ex-div date by just a few days so I'll miss out on the dividend next month from the new shares.


PNY Basic Statistics

  • Ticker Symbol: PNY
  • PE Ratio: 18.77
  • Yield: 3.5%
  • Dividend Growth 10yr: 4.8%
  • Payout Ratio: 64%
  • Market cap: $3 B
  • Website: http://www.piedmontng.com


Sunday, June 1, 2014

Recent Buys From Fellow Dividend Investors

I follow or at least visit many other dividend growth investing blogs like mine. You can find many of them in my blogroll. Occasionally I will compile these purchases and see if any patterns appear. This time around I tracked recent purchases from 18 other dividend growth investors for the month of May. There were 54 total purchases made and I have omitted stocks with only a single purchase. You can see the results below.

It's interesting that many of the names that appeared on my last list are gone which may indicate that those stocks may not look as attractive as they were in March. Names like McDonalds (MCD) and Phillip Morris (PM) have been replaced with new stocks like Clorox (CLX) and Target (TGT). One of the new names to appear on the list for the first time is American Reality Capital Properties (ARCP) which was purchased by several bloggers including Dividend Hawk, FF Dividend and My Dividend Pipeline. ARCP is one of those names that has been on my watch list ever since I read about it on Dividend Mantra's website. Another big name this month was Aflac (AFL) which DivHut, Accumulating Assets, Dividend & Whisky, and A Frugal Family's Journey all liked.

Full Disclosure: I currently own shares of KMI, MCD, PG, and CLX.