October 2018 Dividend Update

October 2018 Dividend update

October 2018 is now almost halfway done and I finally get a chance to update myself and everyone how I did last month. Start with this post I figure it would be better to start tracking the Dividend received separate from the income generated from the rental income. This is mostly due to that side of income is been deployed either in buying more stocks or re-invested back into the rentals and keep up with maintenance and I will start being drawn from it to pay for my various venture including some expenses.

So without further ado... let us look at what we received last month for dividend income:

Stocks	Dividend Amount
KMB	$2
TUP	$20.40
MRK	$2.40
ITW	$5
AGNC	$1.80
CHL	$8.17
VTR	$8.69
EPR	$2.16
STWD	$10.08
O	$1.54
WPC	$15.38
LEG	$3.80
MAIN	$3.90
CB	$2.19
KDP	$1.50
GE	$4.44
BKE	$3
CPB	$3.15
DLNG	$6.25
BNS	$6.47
LTC	$1.90
WDFC	$2.16
TOTAL	$116.4

Wow, 21 different companies paid me dividend last month for a total of $116.40. This certainly can cover either my cable bill $98.00 or Gas bill of $36.00, or even partially my electric bill of $171.00.

The goal here is to generate enough passive income via dividend investing to cover all my bills. My goal is to generate $2000.00 in monthly income, so I am 17% there. I hope to reach there in the next 5 years but hopefully sooner. 

How did you do last month? Do we share any of the same names?

Thanks for visiting

Dividend Pursuit

Disclaimer: Long on all stocks listed except for DLNG, GE and CHL

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. 

Week of October 29- November 2 update Purchase & Sell

Buy & Sell Week of October 29 

I started the week analyzing my fund, I came to a conclusion that the portfolio had too many stocks this early in the collection. It was time to trim the amount of holdings from 70 individual stocks to 60 by the end of the year. So which stocks to sell and hold, was the big question. After analyzing my holdings I found some that I definitely would want to keep no matter what. I also found some that I could hold at this time. I also would be ok selling and hopefully buy it down the line once the fund is fully established enough that It would contribute to my FIRE. Also one in particular that I would sell is GE after cutting dividend from $0.12 to $0.01 I needed to sell no matter what anyway.

First lets us look at companies I sold after they no longer meet the fund objectives or at this time the fund can progress without it. Without further ado here is the sale:

Sold 

October 29, 2018

VIV 10 shares @ $10.59 total $105.90

ABM 6 shares @ $31.13 total $186.78

October 30, 2018

GE 37 shares @ $9.99 total $369.64

CHL 7 shares @ $45.53 total $318.71

DLNG 25 shares @ $8.10 total $202.51

TGS 7 shares @ $13.78 total $96.46

LND 30 shares @ $3.65 total $109.50

November 1, 2018

NWFL 5 shares @ $38.17 total $190.83

F 35 shares @ $9.27 total $324.45

Total Proceeds from the sale: $1904.79

Total yearly Dividend loss from sale: $87.65

Now lets look where the capital was deployed:

Purchase

October 29, 2018

EPR 3 shares @ $67.84 total $203.52

O 3 shares @ $61.09 total $183.27

OHI 19 shares @ $33.32 total $633.08

October 30, 2018

PAYX 10 shares @ $64.12 total $641.20

UL 9 shares @ $53.44 total $480.96

November 1, 2018

OKE 6 shares @ $64.52 total $387.12

CINR 4 shares @ $25.56 total $102.23

HCP 4 shares @ $28.12 total $112.48

BLX 15 shares @ $17.39 total $260.84

PCH 3 shares @ $37.12 total $111.34

A lot of activities, but lets sort through all of it. The purchase will add $173 in forward yearly dividend for a total of $1555.42 yearly.

I Sold 9 stocks and added 3 new ones (OKE, PAYX and UL) all leading companies in its sector. Al they have consistently raised dividend. In fact the dividend appear safe for the next 5 to 10 years. 

I also trim my stocks holding from 75 to 66 in the Robin Hood account. So there is still 6 more I need to trim from here to January. I will be re-evaluating why I bought each stocks and see how the dividend payout ratio compare to free cash flow, before making final decision. Of course the ability to sustain the dividend payout will be part of the final decision making. 

What do you think of recent activities of stocks sold and bought?

What are you buying lately? How many stocks you think is reasonable to hold in your portfolio?

Thanks for visiting

Cheers

Dividend Pursuit

Disclaimer: Long on all stocks listed, except for GE, LND, F, NWFL, TGS, DLNG, CHL, ABM and VIV

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. 

November 2018 Watchlist

November Watch list

November is fast approaching, so it is time to contemplating on possible buys for November. Cash will be scarce, so I will be evaluating the possibility of making three (3) purchase. I have narrow twelve (12) stocks. I may add 2 more stocks and add to other currently on my portfolio. As we wind down towards the end of the year, I will also be saving money to pay my tax next year. On my last post about the fund update I talked about trimming amount of stocks in my portfolio more to come on that.

The current market gyrations can be scary and keep one in the sidelines, however I have always had the mind set that continually investing no matter what the market gyrations bring, will help fuel my long term goals. That is why I wish and hope to continually investing weekly If I could.

So here are the stocks on my radar for November:
PFE, UTX, SO, PSX, XOM, PFG, AFL, MAIN, IP, OKE, JNJ and KO.

JNJ, OKE and KO would be new position if I decide to buy them this month. The Dividend Pursuit fund has come to a point where I will need to keep adding shares rather than starting a new position. That will be the mantra going in to 2019, however I think I may try to start that mantra sooner.
The fund is currently projected to earn $1470.07 a year, Hopefully I can go over the $1500 mark soon.

FIRE

The last two weeks I had a chance to play stay-at-home dad (SAHD) with Junior, drop him off at the bus pick up spot and stay home. This gave me a glimpse of the possibility when I reach FIRE. I spend some time at the gym exercising, did laundry and cook for the family while Mrs. Dividend Pursuit was working. She joke this week that I am practicing being a stay at home dad/husband. It is not a dream for me but a goal that I hope to reach in the near future.

What are you buying next month? 

Thanks for visiting

Dividend Pursuit

Disclaimer: Long on all stocks listed except for OKE, JNJ and KO

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. 

New Purchase IV October 2018 & dividend raises

New Purchase IV & Dividend Raises

As we continue to wind down to the end of 2018, it was time to put more capital to work and continue to built my dividend. The market gyrations continue to be in a tail spin, however it is best to ignore all the daily noises market presents and focus on buying stable companies who continually grown their dividend. It is we that mind set that I continue to buy and add more shares to companies I already own when value presents itself.

Without further ado...here is what I purchase last week.

October 24, 2018

HEP 3 shares @ $31.51 total $94.54

WES 4 shares @ $44.38 total $177.52

CFG 4 shares @ $36.02 total $144.08

I have long being a fan of Citizens Bank (CFG), and now that it is a standalone bank and distance it self from (RBS) Royal Bank of Scotland. It has continue to grown it's dividend, not to mention it is the leading New England regional bank. Current dividend of $0.27 a share yields just over 3.09%, this purchase will add $4.32 in forward yearly dividend.

Holly Energy partners (HEP) has recently raised it's dividend from $0.66 to $0.665 a .08% not what I was expecting, never the less a raise is a raise. With this purchase I will add $7.98 in forward yearly dividend.

Western Gas Partners (WES) has also raise it's dividend from $0.95 to $0.965 a 1.6% increase. They continue to raise dividend year after year and the price is down at the moment so great time to add more shares. This will add $15.44 in forward yearly dividend.

Principal Financial Group (PFG) has also raise it's dividend from $0.53 to $0.54 a 1.9% increase from last quarter. The current dividend yield is now at 4.37%, very juice, thank you I will take that and maybe by more here, time will tell.

Merck & Co. (MRK) has also decide to give us a raise since by boss will not give me a raise this year, I will take one via my dividend stocks who show me some love here. The dividend will be raised from $0.48 to $.055 a whopping 14.6% increase wow, current yield is now at 3.12%.

With this purchase and the dividend raise that I will be receiving will add $46.22 in my forward yearly dividend.

Truly amazing the power of compounding and buy stable companies who show some love to shareholders. This will buy me one (1) hour of my time at work.

What do you think of recent purchases? What are you buying lately?

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. 

Dividend Pursuit Fund

Update on dividend Pursuit fund

We are almost coming to the of this year, I have consistently invested this year. I also have collect some fantastic stocks along the way. So what to do next? So far I collected 70 wonderful companies that I will continue to add more shares and built my dividend to reach FIRE.

So it is time to re-evaluate each stocks and evaluate why I own it. Does it fit and compliment my overall portfolio. Will it continue to provide continued dividend growth in the future? Is dividend sustainable for the next five or 10 years?

Eventually I am hoping to trim the stock fund to max of. 60 stocks by year end. I am down the line buy the same stocks as I do believe in them. The fund has come to a point where it is now to much to track while working full time and manage family activities and so forth.

What do you think of the concept above? Do you sell your share after purchasing? Is there a limit on your fund to how many stocks you hold?

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. 

New Purchase III October 2018

Recent Purchase III

As we are coming to the end of October and winding down to 2018 I made some recent purchase to complete add to my FIRE fund. I continue to average down on my cost basis and taking advantage of recent market volatility to average down.

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

October 16, 2018

LND 30 shares @ $3.80 total $113.88

October 17, 2018

CL 3 shares @ $63.32 total $189.94

DLNG 6 shares @ $8.97 total $53.82

October 18, 2018

CAT 2 shares @ $135.46 total $270.92

F 15 shares @ $8.55 total $128.25

FAST 5 shares @ $52.38 total $261.90

CFG 3 shares @ $34.89 total $104.67

IBM 2 shares @ $130.15 total $260.30

IP 3 shares @ $41.94 total $125.82

LTC 3 shares @ $43.51 total $130.53

With this purchase I added $68.69 in forward yearly dividend. What do you think of recent purchases? What have you been buying recently?

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.

Recent Purchase II October 2018

Recent Purchase II & and Dividend Raises.

Another week and another dollar assigned to be a soldier in my fund. Dollar never sleeps, so I can sleep like a baby and collect dividend. With the market current volatility, it is easier to sit on the side line and have the wait and see attitude. However, I am comfortable adding more funds to my current holding and keep adding dividend to fuel my future Financial Independent Retire Early (FIRE).

Let us review what I added this week with my second purchase. Although this was a small purchases compare with my last purchase, it will add dividend income and contribute to future growth and compound over the long haul.

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

October 11, 2018

COP 2 shares @ $73.78 total $147.56

ABBV 1 shares @ $91.97

DLNG 4 shares @ $8.58 total $34.32

October 12, 2018

DLNG 1 shares @ $8.51

These purchase was mostly to average down on my cost average overall, except for COP. But due to Market volatility I took advantage to average down and buy a dip here.

Abbvie -ABBV the maker of Humira is a dominant in its field. Humira is a medication used to treat rheumatoid arthritis, psoriatic arthritis, ankylosing spondylitis, Crohn's disease, ulcerative colitis, chronic psoriasis, hidradenitis suppurativa, and juvenile idiopathic arthritis. The drug makes around $20 Billion dollars a year, although many patent protection in different countries will either expire soon or has already expired like the US in 2016. ABBV has continue to spend on R &D which will contribute to more drugs in the pipeline soon. The Stock has traded between $85 to $125 in the last year. So current price $91 a the time of purchase is a good deal in my eyes. The P/E ratio is at 22 i would like for that to be under 20 but given the fact this is a leading provider with room to grow, I am comfortable here. Current Dividend Yield is at 2.72% with room to continue growing their dividend. With this purchase my total shares is now 13. This will add $3.84 in forward yearly dividend.

Conoco Phillips -COP It is the world's largest independent pure-play exploration and production company. ConocoPhillips focuses solely on exploring for, developing and producing oil and natural gas globally. The company manages its operations through six operating segments, which are defined by geographic region: Alaska, Lower 48 and Latin America, Canada, Europe, Asia Pacific and Middle East, and Other International. After recent down fall oil prices in 2016-2017, COP has paid down debt and are now on focus shareholder value through dividend increases and share buyback.  With the purchase my total shares is now 7. Current P/E is at 19 and Dividend Yield at current price is around 1.93% future dividend raises are coming. This will add $2.28 in forward yearly dividend. 

Dynagas LNG Partners LP -DLNG the following is from DLNG website "We are a growth-oriented limited partnership focused on owning and operating high specification and versatile LNG carriers that are employed on multi-year contracts with international energy companies, providing us with the benefits of stable cash flows and high utilization rates. We define charters of two years or more as multi-year charters."

My current total shares is 19. P/E is high at 31 and the Dividend Yield is currently at 15.56% I will continue to monitor to see if the dividend will be sustainable for next 3 years. This will add $5.00 in forward dividend.

Few stocks have decided to raise my pay in the next few weeks in form of dividend increases. COP raised its dividend by 7% from $0.285 to $0.305 this will add $0.56 to my yearly dividend. The Ex-Dividend date will be October 12 and payable on December 3.

Also International paper (IP) has also decide to show me some love with a dividend increase. IP raised dividend from $0.475 to $0.50 a 5.3% increase. Ex-Dividend will be November 14 and payable on December 14. Current Yield will be 4.48%. With the increase my Forward Yearly Dividend was Increase by $0.30. Not much but I will take it.

Current forward yearly dividend projection is now at $1355.16.

Do you own this stocks on your fund?
What do you think of recent purchases? Are you on the sidelines with the current market gyrations and volatility?

What are you buying now?

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.