Monday, September 4, 2017

August 2017 Dividend Update


It's time for my August dividend update! For the month of August I was able to earn $372.58 in dividend income.

In made one purchase for the month in Altria, I wish I would have waited a bit since it's even cheaper now. That's how the market works and that's why I'm not a trader. My timing is usually pretty crummy in the short term. Other than my one purchase I had a pretty quiet month but still managed to earn some steady income as you can see below.

August Stock Purchases
  • Altria (MO) - 19 shares @ $65.71 = $1,255.44
August Dividend Income
  • Vanguard Long-Term Bond ETF (BLV) - $3.51
  • WGL Holdings (WGL) - $38.76
  • Realty Income (O) - $7.94
  • General Mills (GIS) -  $47.04
  • Verizon (VZ) - $60.06
  • AT&T (T) - $110.25
  • Clorox (CLX) - $15.96
  • Proctor & Gamble (PG) - $33.10
  • Abbott Labs(ABT) - $7.16
  • Peoples United Financial (PBCT) - $ 38.47
  • Powershares Muni Bond ETF (PZA) - $10.33
Total Dividends August 2017: - $372.58
 
In the chart below you can see my dividend growth. Lets keep that moving average going up!


Bitconnect Update:

I was not in Bitconnect for the entire month of August but on average I would have earned 0.95% per day. So far I've earned almost $100 in income with my $1460 investment. It is free to join but I put in a little over $100 to see how Bitconnect worked then I added another $1200 or so later. The platform pays interest based on the trading volatility so some days you may only earn a little and others you quite a bit. For instance today paid out 1.76% but tomorrow looks like less. I'll keep you posted on my progress. They also have a referral program which gives sponsors a little kickback as well.


Here's a video of how it works if you're wondering ...


Wednesday, August 16, 2017

My experience with Bitconnect




What is Bitconnect ? 

'Bitconnect is an open source, peer-to-peer, community driven decentralized cryptocurrency that allows people to store and invest their wealth in a non-government controlled currency, and even earn a substantial interest on investment.'

Recently I have been looking into Bitcoin and what it's all about. I used to mine it years ago but it just wasn't profitable for me at the time. In hindsight I wish I would have kept at it and held on to those bitcoins since the price is over $4300 now!!! Anyway recently I ran across another bitcoin related site called Bitconnect. There are a few ways to invest on Bitconnect but I went with Bitconnect lending. 



With Bitconnect lending you will receive daily profit based on your investment option. Upon investment term completion, you will receive your capital back to take out from the bitconnect lending platform or optionally reinvest back in lending platform to continue receiving daily profit.

I'm not confident enough in the platform to put in any serious money so I only put in $140 and I'm already earning interest on that. Right now I'm averaging a return on 1.6% daily (yes, daily) interest which I am reinvesting once I build up to the $10 minimum reinvestment total.




If you want to invest in BitConnect lending first you need to buy Bitcoins. I used Coinbase.com to purchase mine and then just transferred it over to Bitconnect. From there you simply exchange the bitcoin into Bitconnect tokens.

I admit I am still skeptical of the program but if anyone wants to give it a try here's my link. https://goo.gl/e619hw


Disclaimer:

The information on this website is for educational purposes only, and is not intended as investment advice. All bitconnect promoters are independent mentor of cryptocurrencies. I give no representation, warranty, or guarantee as to the accuracy or completeness of any information. You represent that you have been, are, and will be solely responsible for making your own independent appraisal and investigations into the risks of the transaction.

Monday, August 14, 2017

July 2017 Dividend Update



It's time for my July dividend update! For the month of July I was able to earn $324.75 in dividend income.

In July I sold my shares of Avista since it was being bought out by another company and it drastically shot up in price close to the actual buyout price. I nearly doubled my return on this investment and with the proceeds I bought a little more Southern Company to stay in the utility space, and with the rest I purchased more General Mills (GIS) as I think it has bottomed here and it's still a great company despite some growing pains.

July Stock Sales
  • Avista (AVA) - 58 shares @ 52.15 = $3,017.68
July Stock Purchases
  • General Mills (GIS) - 37 shares @ 54 = $2,004.95
  • Southern Co. (SO) - 26 shares @ 47.00 = $1,228.95
  • Southern Co. (SO) - 25 shares @ 47.43 = $1,192.70
July Dividend Income
  • Vanguard Long-Term Bond ETF (BLV) - $3.40
  • Annaly Capital (NLY) - $16.80
  • Realty Income (O) - $7.91
  • Coke (KO) -  $22.57
  • Sysco (SYY) - $21.78
  • Cisco (CSCO) - $40.89
  • Glaxso Smith Kline (GSK) - $37.76
  • Philip Morris (PM) - $14.56
  • Altria (MO) - $57.95
  • New Jersey Resources (NJR) - $ 90.78
  • Powershares Muni Bond ETF (PZA) - $10.35
Total Dividends July 2017: - $324.75
 
In the chart below you can see my dividend growth. Lets keep that moving average going up!


Sunday, July 2, 2017

Dividend Update - June 2017



It's time for my June dividend update! For the month of June I was able to earn $478.90 in dividend income. This is a YOY increase of nearly 19% which is great. Can't wait for next month!

In June I made one purchase and I made no sales. I also received 7 dividend raises!

June Stock Purchases
  • Realty Income (O) - 19 shares @ 57.00 = $1083
June Dividend Increases
  • Unilever (UL) - From .344 to .383 (+11.3%)
  • Exxon (XOM) - From .75 to .77 (+2.6%)
  • Johnson & Johnson (JNJ) - From .80 to .84 (+5%)
  • Flowers Foods (FLO) - From .16 to .17 (+6.2%)
  • Travelers (TRV) - From .67 to .72 (+7.4%)
  • Pepsi (PEP) - From .753 to .805 (+5%)
  • Universal Health Trust (UHT) - From .655 to .66 (+0.7%)
June Dividend Income
  • Walmart (WMT) - $44.37
  • Southern Co (SO) - $17.40
  • Unilever (UL) - $21.44
  • Exxon (XOM) - $52.36
  • Vanguard Long-Term Bond ETF (BLV) - $3.54
  • Johnson & Johnson (JNJ) - $51.24
  • Avista (AVA) - $20.74
  • Compass Minerals (CMP) - $39.60
  • Realty Income (O) - $3.87
  • Kraft/Heinz (KHC) - $25.80
  • McDonalds (MCD) - $32.90
  • Flowers Foods (FLO) - $79.05
  • Travelers (TRV) - $8.64
  • Pepsi (PEP) - $34.62
  • Universal Health Trust (UHT) - $33.00
  • Powershares Muni Bond ETF (PZA) - $10.33
Total Dividends June 2017: - $478.90
 
In the chart below you can see my dividend growth. Lets keep that moving average going up!



Saturday, June 10, 2017

Dividend Update - May 2017



It's time for my May dividend update! For the month of May I was able to earn $366.90 in dividend income. This is a YOY increase of nearly 22% which I'm very happy with. Next month looks to be even better.

Last month I made one purchase and I made no sales. I also received 3 dividend raises.

May Stock Purchases
  • Cisco (CSCO) - 31 shares @ $31.63 = $987.48
May Dividend Increases
  • WGL Holdings (WGL) - From .488 to .51 (+4.5%)
  • Proctor & Gamble (PG) - From .67 to .69 (+3%)
  • Peoples United Financial (PBCT) -  From .17 to .173 (+1.7%)
May Dividend Income
  • AT&T (T) - $110.25
  • WGL Holdings - (WGL) - $38.76
  • Verizon - (VZ) - $60.06
  • General Mills - (GIS) - $46.08
  • Clorox - (CLX) - $15.20
  • Vanguard Long-Term Bond ETF (BLV) - $3.46
  • Proctor & Gamble (PG) - $33.10
  • Abbott Labs (ABT) - $7.16
  • Peoples United Financial (PBCT) - $38.47
  • Realty Income (O) - $3.85
  • Powershares Muni Bond ETF (PZA) - $10.51
Total Dividends May 2017: - $366.90
 
In the chart below you can see my dividend growth. Lets keep that moving average going up!



Saturday, May 6, 2017

Dividend Update - April 2017



It's time for my April dividend update! Looks like a another good month for me here as I managed to earn $362.72 in dividend income. This is a slight YOY decrease is mostly due to Kraft/Heinz paying in March instead of April this year.

Last month I made one purchase and I made no sales.

April Stock Purchases
  • Compass Minerals (CMP) - 18 shares @ $67.3 = $1554.85
April Dividend Increases
  • Walmart (WMT) - From .50 to .51 (+2%)
  • Coca Cola (KO) - From .35 to .37 (+5.7%)
  • Cisco (CSCO) -  From .26 to .29 (+11.5%)
April Dividend Income
  • Walmart (WMT) - $44.37
  • Coca Cola - (KO) - $22.57
  • New Jersey Resources - (NJR) - $90.78
  • Altria - (MO) - $57.95
  • Philip Morris - (PM) - $14.56
  • Vanguard Long-Term Bond ETF (BLV) - $3.50
  • Glaxso Smith Kline (GSK) - $43.98
  • Cisco (CSCO) - $31.90
  • Realty Income (O) - $3.84
  • Sysco (SYY) - $21.78
  • Powershares Muni Bond ETF (PZA) - $10.69
  • Annaly Capital (NLY) - $16.80
Total Dividends April 2017: - $362.72
 
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.



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.

January 2017 Dividend Update


It's time for my January dividend update! My income for the month was $336.41, this is a bit lower than I was expecting due to the Kraft/Heinz (KHC) dividend payment falling in December. That's still over $300 of free income I didn't have to work for.

This month I made one purchase. I bought 14 shares of Proctor & Gamble (PG) - $1199.96 which should add another $9.38 in dividend income to next months totals!

January Dividend Increases
  • Sysco (SYY) - From .31 to .33 (+6.4%)
January Dividend Income
  • Walmart (WMT) - $43.50
  • New Jersey Resources (NJR) - $90.78
  • Pepsi (PEP) - $32.36
  • Philip Morris (PM) - $14.56
  • Altria (MO) - $57.95
  • GlaxoSmithKline (GSK) - $35.58
  • Realty Income (O) - $3.65
  • Sysco (SYY) - $21.78
  • Cisco (CSCO) - $9.62
  • Annaly Capital (NLY) - $16.80
  • Universal Health Trust (UHT) - $32.75
  • Powershares Muni Bond ETF (PZA) - $9.83
Total Dividends January 2017: - $336.41

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 ).



Sunday, January 15, 2017

December 2016 Dividend Income Update

It's time for my December dividend update! I'm a bit late posting my results as I've become quite lazy with my blog and suffering from a bit of burnout to be honest. I don't know how much longer I will continue posting if it keeps feeling more like a chore than a rewarding experience. Well see how it goes.

Anyway my income for the month of December was $376.56, this is a bit lower than last quarter due to Pepsi not paying this month. Pepsi has an odd payment schedule where their last payment for the year actually falls in early January. 

In other news I received my first dividend payment from Fundrise of $20.03 (prorated) which boils down to an 11.25% yield before taxes. Unfortunately with Fundrise the dividends are not automatically reinvested and instead go into your bank account. I have also made over $800 'working' online this month (nothing related to blogging) most of which will be reinvested in dividend stocks.

December Dividend Increases
  • McDonalds (MCD) - From .89 to .94 (+5.6%)
  • Universal Health Trust (UHT) - From .65 to .655 (+.7%)
December Dividend Income
  • Johnson & Johnson (JNJ) - $48.80
  • Unilever (UL) - $19.86
  • Exxon (XOM) - $51.00
  • Compass Minerals (CMP) - $22.24
  • Cullen Frost Bank (CFR) - $9.72
  • Travelers (TRV) - $8.04
  • Avista (AVA) - $19.87
  • McDonalds (MCD) - $32.90
  • Coke (KO) - $21.35
  • Kraft/Heinz (KHC) - $25.80
  • Flowers Foods (FLO) - $74.40
  • Universal Health Trust (UHT) - $32.75
  • Powershares Muni Bond ETF (PZA) - $9.83
Total Dividends December 2016: - $376.56

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 ).