Wednesday, May 18, 2016

Recent Buy - Compass Minerals (CMP)

Earlier this week I added to my position in Compass Minerals (CMP). CMP is one of the smallest companies in terms of market cap that I have in my portfolio and it is also one of the smallest in terms of portfolio weight. CMP has been beaten down a bit after the mild winter hurt their salt sales so I decided to buy some more shares here.

Compass Minerals produces salt, plant nutrients and magnesium chloride for distribution primarily in North America. CMP also provides secure records storage in a retired mine in the U.K. Products from Compass Minerals serve a variety of applications in industrial, agricultural, commercial and consumer markets.

If you want a nice analysis of CMP be sure and check out Simply Safe Dividend's article here.

I bought 14 Shares of CMP @ $76.75 for a total of $1074.50

CMP Stock Chart


CMP Basic Stats
  • Ticker Symbol: CMP
  • Sector: Materials
  • Yield: 3.6%
  • Dividend Growth Streak: 12 years
  • Annualized Dividend Growth 3yr: 10%
  • Payout Ratio: 61%
  • P/E Ratio: 17.2
  • Market cap: $2.5 Billion
  • Website: http://www.compassminerals.com

CMP Dividend Growth

Wednesday, May 4, 2016

April 2016 Dividend Update

It's April dividend update time! It was a record breaking month for dividend income as I earned $372.52 in dividends! This is a 33% improvement over last years April income total and higher than last quarter as well. This doesn't even include the special dividend that was made by Glaxo Smith Kline.  I love seeing my dividend income grow each quarter, and with recent dividend increase announcements from the likes of Pepsi and Johnson & Johnson that trend looks to accelerate even more! My dividend income is listed below.

 April Purchases
  • Cullen/Frost Bankers (CFR) - 18 Shares @ $61.49
April Dividend Increases
  • Coca-Cola (KO) - From .33 to .35 (+6%)
  • Walmart (WMT) - From .49 to .50 (+2%)
April Dividend Income
  • Coca-Cola (KO) - $21.35
  • New Jersey Resources (NJR) - $85.20
  • Walmart (WMT) - $43.50
  • Kraft/Heinz (KHC) - $24.73
  • Realty Income (O) - $19.90
  • Phillip Morris (PM) - $14.28
  • Altria (MO) - $53.68
  • Cisco (CSCO) - $9.62
  • Glaxo Smith Kline (GSK) - $43.93
  • Hatteras Financial (HTS) - $24.75
  • Powershares Muni Bond ETF (PZA) - $11.12
  • Sysco (SYY) - $20.46
Total Dividends April 2016: - $372.52

Monday, April 25, 2016

Recent Buy - Cullen/Frost Bankers (CFR)

I made my usual monthly purchase recently and it's probably a stock that's not on most peoples radar. Cullen/Frost Bankers Inc. (CFR) is a small regional mid cap bank based in Texas. I was actually researching another Texas bank (PB) at the time that I discovered CFR and I decided I liked it a little better. CFR has been beaten up recently as the Texas economy has been under pressure due to low oil prices and the Texas banks have not been immune to this either.

CFR does have some direct exposure to oil as about 15% of their loans are connected to the oil patch. However most of these loans are safe and the company stated that only 9.8% of those loans are likely to produce a loss. It's important to note that CFR has been through this before and survived quite well.

As far as banks go I like the regional banks over the larger banks who are really under so much scrutiny especially now during election time. CFR was also able to weather the financial crisis better than most of it's larger competitors like WFC and BAC which cut their dividends during that time.



CFR Stock Chart



CFR Basic Stats
  • Ticker Symbol: CFR
  • Sector: Financial
  • Yield: 3.4%
  • Dividend Growth Streak: 23 years
  • Annualized Dividend Growth 3yr: 3.5%
  • Payout Ratio: 49%
  • P/E Ratio: 14.1
  • Market cap:$3.7 Billion
  • Website: http://www.frostbank.com

CFR Financial Growth



CFR Dividend Growth

Tuesday, April 5, 2016

March 2016 Dividend Update

It's March dividend update time! My dividend total for March was $289.49 which is a 15% improvement over last year and just slightly higher than last quarter. This total probably would have been higher had I not sold my shares in Chevron after growing concern about their dividend coverage. This could be my last month below the $300 mark and it looks like my quarterly average is comfortably above the $300/month mark as well. April is looking to be a solid month! My dividend income is listed below.

March Purchases
  • Cisco (CSCO) - 37 Shares @ $27.58
March Dividend Increases
  • Compass Minerals (CMP) - From .66 to .695 (+5.3%)
  • Avista (AVA) - From .33 to .343 (+4%)
March Dividend Income
  • Johnson & Johnson (JNJ) - $45.75
  • Unilever (UL) - $18.18
  • Exxon (XOM) - $49.64
  • Compass Minerals (CMP) - $12.51
  • Realty Income (O) - $19.85
  • McDonalds (MCD) - $31.15
  • Avista (AVA) - $19.87
  • Flowers Foods (FLO) - $17.26
  • Pepsi (PEP) - $30.21
  • Travelers (TRV) - $7.32
  • Powershares Muni Bond ETF (PZA) - $5.48
  • Universal Health Trust (UHT) - $32.25
Total Dividends March 2016: - $289.49