Tuesday, January 29, 2019

Update & New Purchase January

Update & New Purchase


The government shutdown has finally come to an end for now until February 15, 2019. As an exempt employee, I had to work throughout the shutdown as I perform essential work.

However, the shutdown did affect my purchasing routine. I had to keep an eye on our savings in case it lasted longer. Honestly I was thinking it would go on for another 5 weeks. 

However, I an glad it is over for now and I can received some pay eventually to catch up and invest, save and contribute to my Thrift Savings Plan (TSP) again. I have never talk about my TSP as it is not part of my planning at this junction in my asset accumulation stage. 

But it is a big part of my retirement package. Come to think about it, it may be a reason why I have hesitated to leave my job for now. 

But this year will finally be the year I will need to re-evaluate what is most import things in life and see where this job fits in my equation. I had a lot of time to think about this over the last 35 days of the shutdown.

Today I finally was able to confirm I will be paid my first check from January 11, 2019 tomorrow. So I was able to quickly add more funds to my Robin hood account and take advantage of some stocks I long convected on my portfolio. 

So without further ado... here is what I purchase today right before the market closed:


January 29, 2019

CFG 3 shares @ $35.09 total $105.27
EPD 6 shares @ $27.97 for total $167.82
CFG 1 share @ 34.04


Citizens Financial Group (CFG) is one of my favorite regional bank and it has aggressively continue to grow its dividend. With this purchase I added $5.12 in yearly dividend to my fund.




Enterprise Product Partners (EPD) engages is production and trade of natural gas and petrochemicals. It just recently increase its dividend by .6% going Ex-dividend on January 30, 2019. With this purchase I added $10.44 in forward yearly dividend to my fund.


What are you buying lately?

What do you think of recent purchases?

Disclaimer: Long on all stocks listed above.

Disclaimer: I’m not a licensed investment advisor and not an investment professional. This site is only meant for educational or entertainment purposes only. I’m not liable for any losses suffered as a result. Please consult with an investment or tax professional before investing any of your money.




Wednesday, January 23, 2019

Raises January 2019

January 2019 Raises


As we start a new year, with new goals to achieve to start the year. However, there is not a better news than to find out that the stocks you hold will reward you in form of dividend increases to start the year.

As a Federal Employee, this is a great news. I am currently a Exempt employee, which requires me to work without pay for now until a Government Fiscal Year Funding or Continue Resolution (CR) is passed. 

Lets review few stocks who just announced dividend increases to start the year.


Raises
💲$$💰


Consolidated Edison Inc. (ED) just raised their dividend from $0.715 to $0.74, that is 3.5% raised from last quarter. The raise adds $0.20 to my forward yearly dividend.

Fastenal Company (FAST) also raised their dividend from $0.40 to $0.43 a 7.5% increase. My forward yearly dividend is now at $1.20 in forward yearly dividend.

ONEOK, INC (OKE) The dividend was also raised here from $0.855 to $0.86 a mere 0.6% increase. But raise is a raise, I will take it since I am not currently getting paid from my W-2 employer. the Dividend adds $0.12 in forward yearly dividend.

EPR Properties (EPR) announced a raise from $0.36 to $0.375 a 4.2% increase from last year. The current dividend will add $2.16 in forward yearly dividend.

Realty Income Corporation (O) the big O continues to amaze me, as it continue to raise its dividend month after month of paying dividend for a record time, now it goes up from $0.221 to $0.2255 which is 2% increase to keep up with inflation. The current dividend will add $0.54 to my yearly dividend.

Citizens Financial Group (CFG) for awhile now I coveted owing this stock. Now that I do, they continue to amaze me with current 18.5% raise on it's dividend. The current dividend went from $0.27 to $0.32, this adds $2.00 to my forward yearly dividend.

What is amazing about the raises, is that I did not have to do anything, but I had to have the fortitude to buy these stocks and they are rewarding me handsomely.

Do you own some of this stocks? What do you think of recent raises? Did you receive any recent raises?

Thanks for visiting

Dividend Pursuit

Disclaimer: Long on all stocks listed above.


Disclaimer: I’m not a licensed investment advisor and not an investment professional. This site is only meant for educational or entertainment purposes only. I’m not liable for any losses suffered as a result. Please consult with an investment or tax professional before investing any of your money.






Tuesday, January 22, 2019

2019 Goals and Review of 2018 Goals

2019 Goals and 2018 Goals update:

2019 Goals update


New year is upon us. We are now halfway past the first month and it is time to put 2019 goals in writing so I am better able to track my progress. However, before we can start talking about this upcoming year goals, it is best to review last years goals to see how we did.

2018 goals included:


          1. Invest $3000 in new capital this year.   Accomplish $15000
          2. Save for a down payment for a new house.  New Home purchase June 2018 Accomplish
          3. Updated a new rental unit (potentially raise rental on next tenant)  We raised 2 of our tenants monthly rent
          4. Raise rental on Two tenants. March 2018
          5. Buy 10 Stocks this year and continue to add shares to initial position. Added 64 new Stocks
          6. Buy 6 Monthly paying dividend stocks.  4 currently owned- Failed
          7. Buy Dividend Aristocrats Stocks.  Accomplished
          8. Continue to build Emergency Cash to 9 months. 6 Months


I was able to reach 6 out of the 8 goals outlined last year.


What will 2019 bring?


Lets see what my goals will be this year. I will be looking at this year as a step in stone for next years goal.

Without further ado...here are my 2019 goals:

1. Invest Minimum of $250 a month in adding more shares to current holding
2. 9 months emergency fund
3. Increase the rental income in at least 1 unit.
4. Increase all 4 monthly paying stocks to 20 share each.
5. Invest $5000.00 in fresh new capital
6. Payoff my Car loan
7. Regularly exercise, loose 10 pounds
8. 3 family vacation; 1 international travel
9. Blog regularly 1 post a week.
10. Start a side hustle

What do you think of my 2019 goals?

Do you have your goals set for this year?

Thanks for visiting

Dividend Pursuit

Disclaimer: I’m not a licensed investment advisor and not an investment professional. This site is only meant for educational or entertainment purposes only. I’m not liable for any losses suffered as a result. Please consult with an investment or tax professional before investing any of your money.



Friday, January 11, 2019

Recent Purchase & Sell: January 5 to January11

Recent Purchase & Sell: January 5 -January 11


The Market continues to see some volatility! Although we have seem some recent market upswing of late. The gyrations on the market are just noise. As a long term investor, we have to keep the noise out and follow our formula and keep investing at our own pace.

There are currently many bargains in the market relative to what the prices were 3 to 6 months ago. But we have to pick the best current value for our capital and deploy them where it makes more sense to invest rather than chase the darlings of market..

Let us now review what I recently purchase this month.

Without further ado...here is what I purchased:

January 8, 2019
T 8 shares @ $31.31 total $250.48
TD 2 shares @ $51.14 total $102.29
BLX 1 shares @ 17.86

January 11, 2019
ABBV 2 shares @ $88.20 total $176.40

Sell
January 8, 2019
BMY 2 shares @ $47.93 total $95.86



I added to 3 of the stocks on my watch list for January 2019. 

AT&T (T) has been on sale for awhile and has been on my watch list for awhile as well. T is a must in any portfolio as it continually increases its dividend year-after-year. The purchase adds $16.32 in forward yearly dividend to my fund.

TD, I have long wanted to start adding shares here. This also helps me average down 5.83% from my initial purchase. The purchase also adds $5.36 in forward yearly dividend.

BLX, I continue to add shares here. BLX is my best option to invest in Central America. The purchase adds $1.54 to my forward yearly dividend.



ABBV, this is also average down on my purchase. If I loved it at $94 and $95 dollars, I definitely love it at $88. 

ABBV, has also increase their dividend from $0.96 to $1.07. A whopping 11.5% increase. Got to love it when companies share their wealth either via dividend payout or raises every year. This more than cover yearly inflation. The purchase adds $14.28 in forward yearly dividend.

Sell:

BMY, the only reason I sold now is to trim the numbers of stocks I hold in my fund. It simply comes down to time of research and complimentary stocks. I also had a number of pharmaceutical which made this on easy sell. I also want to buy the must buy in the sector in the near future so did not want to have a heavy wait in the sector at this point in the accumulation phase.

All in all the current purchase, Dividend increase and sell, increases my yearly dividend by $69.39. My forward yearly dividend is now $1733.03.

What do you think of recent purchases?
What are you buying this month?

Thanks for visiting,

Dividend Pursuit

Disclaimer: Long on all stocks listed, except for BMY.

Disclaimer: I’m not a licensed investment advisor and not an investment professional. This site is only meant for educational or entertainment purposes only. I’m not liable for any losses suffered as a result. Please consult with an investment or tax professional before investing any of your money. 

Wednesday, January 9, 2019

Rental Income: December 2018 report

Rental Income: December 2018


December is now fully in the books, so let us review last month passive income from the rental units we own.

Last month we had a vacancy for the first time since September 2017.  I spend much of December working on the unit to get it back ready to be rented by January 1, 2018.

Last month I spend 80 Hours, renovating the unit, showing the unit - until the lease was signed with a new tenant on December 31, 2018. The tenant finally moved in January 6, 2018.

Rental Unit 

Now lets us review last month numbers:

Income:
$3700.00

Expenses:
Mortgage &Insurance & Tax $2171.93
Water bill $0.00 Next month.
Utilities $ $54.00
Material $300.00
Tenant screening $50.00

Total Passive Income: $634.07

The current federal minimum wage is $7.25 per hour, and has not increased since July 2009. With my effort and hour spend in managing the unit I Made just over the minimum wage $7.925. 

However, I was also able to paid the the mortgage with the tenants paying for it, which also increase our Net worth by: $503.60.

The updates done last month,will hopefully last few years. Hopefully the new tenant can stay few years.

The rental market keeps going up in Massachusetts as a whole particularly in Taunton, which is 45 min south of Boston. 


Now that all the units are rented will built some reserves to hopefully paid down all our debt and focus on savings in the next few years. 

I also appreciate my rentals right now. As a federal employee, I will probably miss my next check and who knows when we will be paid again. This is disappointed as I have been working not knowing when I will be paid. However, the rental will help paid all our bills in January, specially since the tenant paid first and last month.

So in total our passive income was $1269.73, when I calculate Dividend received, Rental income and Mortgage paid down.

So what is your excuse for not owing rental property?

How did you do overall in your passive income. 

Thanks for visiting,

Dividend Pursuit

Disclaimer: I’m not a licensed investment advisor and not an investment professional. This site is only meant for educational or entertainment purposes only. I’m not liable for any losses suffered as a result. Please consult with an investment or tax professional before investing any of your money. 


Tuesday, January 8, 2019

December 2018 Dividend report

December 2018 Dividend Payout


New month, will always be every dividend investor favorite time of the month. It gives us an opportunity to review how we did on the previous month and count total dividend received.

My fund of stocks is now at a point that yearly dividend raises and the powder of compound will continue to fuel its growth, even if I do not invest much for awhile.

Let us review last month dividend payout:

StocksDividend AmountNotes
CMI$4.56
PSX$2.40
AFL$1.56
F$5.25No longer on the fund
PFE$1.02No longer on the Fund
COP$2.14
QCOM$3.72
SO$6.00
LB$12.00
BLX$7.70
XOM$4.10
AGNC$3.24No longer on the fund
UL$3.99
MAIN$4.88Regular monthly
IP$3.00
O$2.21Monthly
KHC$7.50
ADM$2.35
ED$1.43
EPR$3.24Monthly
IBM$10.99
RDS.A$3.99
D$12.53
BP$4.88
MAIN$9.63SPECIAL DIVIDEND
PFG$5.40
LTC$1.90
PBA$0.45
TOTAL$132.06


That is correct for the 3rd month in a row I average over $100 in dividend. I collected $132.06 in dividend last month.

How did you do last month?
Do we share some names?

Disclaimer: Long on all stocks listed except for PFE, AGNC and F

Disclaimer: I’m not a licensed investment advisor and not an investment professional. This site is only meant for educational or entertainment purposes only. I’m not liable for any losses suffered as a result. Please consult with an investment or tax professional before investing any of your money.

Saturday, January 5, 2019

Recent Raises

Recent Raises

As a federal employee, I have not talk about the government shutdown much. The shutdown will surely start o affect a lot of my employees starting next week. Tomorrow is the end of the pay period and with the furlough hiatus much of the payroll paperwork will not be processes. Majority of my employees in the 90% range live paycheck to paycheck, they count with their paycheck to survive and pay much of their financial obligations. 

My Job requires that I work without pay as an exempted employee. Although the gig economy allows a person to pick up gigs here and there we cannot since we working with a paycheck for the time being. I learn back in 2013 to work in savings and not depend on my paycheck, by having a six (6) month emergency money. Most of my employees are not so fortunate to have a cushion.

So there goes my shutdown rant! Now lets focus on what is more important to me. Building a passive income that will support me and my family. I have to assets that I concentrate on, Rental income and Dividend paying stocks.

In the last few months few of the stocks I hold, have share news with us that they will raise their dividend. Thus sharing some of their wealth with me, the shareholder. The government is in the shutdown mode, so is my salary, I will not receive another raise this year. However, my dividend paying stocks, will give me a raise in form of dividend increases.

Let us review some new names: 


Dominion Energy (D) 9.9% increase from $0.835 to $0.9175 current yield is at 4.8% and this will also raise my yearly dividend by $5.00.

AT&T (T) 2% increase from $0.50 to $0.51 current yield 6.82% also raises my dividend by $0.40 in yearly dividend.

Realty Income Corporation (O) 0.2% increase. O is a monthly paying dividend and this will raise its monthly dividend from $0.2205 to $0.221, this will raise by $0.12.

Abbott Laboratories (ABT) 14.3% increase from $0.28 to $0.32, this adds $0.80 to my forward yearly dividend.

Bristol-Myers Squibb (BMY) 2.5% increase from $0.40 to $0.41, this will only add $0.08 in my forward yearly dividend.

This are small increases, but the power of compounding is powerful and can build wealth over long term. That is my intentions to hold and accumulate assets to grow my passive income year after year.

The increases adds $5.55 in forward yearly dividend to my Dividend pursuit fund.

Do you share any of this names? Are others paying?

Thanks for visiting.

Dividend Pursuit

Disclaimer: Long on all stocks listed

Disclaimer: I’m not a licensed investment advisor and not an investment professional. This site is only meant for educational or entertainment purposes only. I’m not liable for any losses suffered as a result. Please consult with an investment or tax professional before investing any of your money.

Friday, January 4, 2019

Purchase December 20th to January 4th

Recent Purchase Update


Timing the market is in my humble opinion impossible. Specially when the market volatility continues to dominate the headlines. It seems experts have different suggestions, which end up being just noises surrounding the market conditions. We saw during the recent holidays market down one day up the next, just like a seesaw. However, long time investor see it as an opportunity to buy at a discount. We all like to shop when there is a sale out there in our favorite retail or online marketplace. SO why not buy stocks when it is trading at a discount price?

Now let us review some of my purchase in the last few weeks. Due to the holidays, I have been busy with family and also took some time to get the apartment unit up and ready to be rented.

Without further ado....here is what I purchase recently:



December 21, 2018
ITW 4 shares @ $123.97 total $495.88

December 26, 2018 
CMI 2 shares @ $127.12 total $254.35
ITW 1 shares @ $119.99
EPR 3 shares @ $64.15 total $192.45
BLX 2 shares @ $16.82 total $33.64

December 27, 2018
BLX 1 shares @ $16.79 


December 28, 2018
BNS 5 shares @ $50.81 total $244. 05
CAH 6 shares @ $45.03 total $270.18
T 1 Shares @ $28.65

January 2, 2019
KDP 4 shares @ 25.21 total @100.84


I did not sell any securities, although I did consider selling a few but tauch it was not the right time to sell. As we entered a new year, this will give me time to consider some of my holdings to see which merits my full attention and those who are dogs and need to go.

Volatility gave me a chance to reduce my cost basis down a lit and add more shares on my stalwarts company who will take me forward to my Next goal.

With the result purchase I added $67.33 to my forward dividend to $1658.09. 

What do you think of recent purchase?

What are you buying?

Thanks for visiting 

Dividend Pursuit

Disclaimer: Long on all stocks listed

Disclaimer: I’m not a licensed investment advisor and not an investment professional. This site is only meant for educational or entertainment purposes only. I’m not liable for any losses suffered as a result. Please consult with an investment or tax professional before investing any of your money. 

Watch List January 2019

Watch List January 2019


New year, new month. However, the market gyrations continue to see seesaw reactions, with every different news that it digest, either good or bad. We saw the market go up a 1000 points the day after Christmas day, and down again just the following day. So we cannot pay attention to the market gyrations if you are a long term investor, instead focus on why you are buying the stock in the first place. Either to hold for 5 or 10 years or even more.

Let us review what stocks are on my watch list for January 2019. 

ABT, VZ, T, TD, WDFL, CVS, MAIN, EPR, LTC, ABBV and O

Out of this list ABT, LTC and MAIN looks to be a top contender to buy for my portfolio. However, we all know Mr. Market tends to present other opportunity not consider at the time of evaluations.

What are you planning to buy this month? Are the market gyrations scary you to the sidelines?

Thanks for Visiting

Dividend Pursuit

Disclaimer: Long on all stocks listed

Disclaimer: I’m not a licensed investment advisor and not an investment professional. This site is only meant for educational or entertainment purposes only. I’m not liable for any losses suffered as a result. Please consult with an investment or tax professional before investing any of your money.

December 2022 Dividend Update