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The first half of the year is gone… crazy how quickly time moves these days.  Being a dividend growth investor that tracks everything really does put a daily timestamp on life. It really makes you to see time flying by (or maybe I’m just getting older).

Anyway, this month’s dividend income and net worth report came in strong with another personal best for dividend income.  I broke my records for everything I track – hopefully that will be the name of the game for years to come!

This month’s dividend income report is bananas 😉

June Dividend Income

I am super excited to share this months dividend income.  As you know, this is a big payment month… and I have a new record number of companies depositing cash into my account.

This month I received $1,580.20 in dividend income!  On average, I was paid $28.72 from 55 different companies!!  This month’s dividend income is a solid 117.86% increase over June 2107.
That’s $854.85 more dividend income than last June!
Dividend Income - June 2018

DateCompanyTickerDividend Income
01/06/18 Delta Air Lines, Inc. DAL 30.50
01/06/18 Ford Motor Company F 50.88
01/06/18 J M Smucker Co SJM 15.60
01/06/18 Phillips 66 PSX 44.00
01/06/18 W W Grainger Inc GWW 40.80
01/06/18 Kroger Co KR 25.63
01/06/18 Pfizer Inc. PFE 65.96
04/06/18 HSBC Holdings HSEB 13.33
05/06/18 Visa Inc V 9.24
06/06/18 United Parcel Service, Inc. UPS 24.57
06/06/18 Southern Co SO 60.60
07/06/18 Discover Financial Services DFS 10.50
08/06/18 Honeywell International Inc. HON 20.12
09/06/18 IBM Common Stock IBM 102.05
10/06/18 Target Corporation TGT 40.30
11/06/18 Exxon Mobil Corporation XOM 124.52
11/06/18 Chevron Corporation CVX 73.40
12/06/18 Walgreens Boots Alliance Inc WBA 20.00
12/06/18 Johnson & Johnson JNJ 46.94
14/06/18 Home Depot Inc HD 92.70
15/06/18 Realty Income Corp O 61.21
15/06/18 STAG Indl Inc/SH SH STAG 11.83
15/06/18 Main Street Capital Corporation MAIN 25.58
15/06/18 DowDuPont Inc DWDP 3.04
15/06/18 Hershey Co HSY 14.43
15/06/18 Kellogg Company K 21.60
20/06/18 QUALCOMM, Inc. QCOM 29.14
20/06/18 Dominion Energy Inc D 52.61
12/6/2018 3M Co MMM 71.58
14/06/18 Microsoft Corporation MSFT 27.56
18/06/18 McDonald's Corporation MCD 20.18
1/6/2018 Boeing Co BA 53.01
1/6/2018 Wells Fargo & Co WFC 23.91
4/6/2018 Walmart Inc WMT 25.66
12/6/2018 Tractor Supply Company TSCO 4.67
18/06/18 Duke Energy Corp DUK 34.44
18/06/18 VF Corp VFC 9.52
29/06/18 Travelers Companies Inc TRV 20.02
29/06/18 CROWN CASTLE In/SH SH CCI 8.40
29/06/18 PepsiCo, Inc. PEP 30.61
28/06/18 Public Storage PSA 20.20
29/06/18 Union Pacific Corporation UNP 11.75
1/6/2018 Cummins Inc. CMI 12.96
1/6/2018 Intel Corporation INTC 3.60
1/6/2018 Invesco Ltd. IVZ 8.10
6/6/2018 UNILEVER N.V. Common Stock UL 12.45
10/6/2018 United Technologies Corporation UTX 2.80
11/06/18 Emerson Electric Co. EMR 3.88
15/06/18 Kraft Heinz Co KHC 6.25
15/06/18 Molson Coors Brewing Co Class B TAP 5.33
22/06/18 BP plc (ADR) BP 6.00
22/06/18 Lockheed Martin Corporation LMT 6.00
22/06/18 Weyerhaeuser Co WY 3.84
26/06/18 UnitedHealth Group Inc UNH 4.50
29/06/18 T. Rowe Price Group Inc TROW 11.90
DateCompanyTickerDividend Income
∑ = 1,580.20



Here is a chart of my passive dividend income progress over the last 3 years.

The dividend portfolio has been updated.

This month’s dividend income covers pretty much all my monthly expenses.  I’m only missing a little  – property taxes and insurance!

June Dividend Increases

Here are the realized dividend increases I was awarded this month… a grand total of 13 dividend increases!  Cha ching!

Dividend Increases - June 2018

NameTickerNew DivOld Div% IncreaseEx-DatePayment Date
Phillips 66 PSX 0.80 0.70 14.29% 5/18/18 6/1/18
W W Grainger Inc GWW 1.36 1.28 6.25% 5/11/18 6/1/18
Discover Financial Services DFS 0.60 0.58 3.45% 5/18/18 6/6/18
IBM Common Stock IBM 1.57 1.50 4.67% 5/9/18 6/9/18
Exxon Mobil Corporation XOM 0.82 0.77 6.49% 5/15/18 6/11/18
Johnson & Johnson JNJ 0.90 0.84 7.14% 5/25/18 6/12/18
QUALCOMM, Inc. QCOM 0.62 0.57 8.77% 5/29/18 6/20/18
Tractor Supply Company TSCO 0.31 0.27 14.81% 5/25/18 6/12/18
Travelers Companies Inc TRV 0.77 0.72 6.94% 5/25/18 6/12/18
PepsiCo, Inc. PEP 0.93 0.81 15.22% 5/31/18 6/29/18
Invesco Ltd. IVZ 0.30 0.29 3.45% 5/10/18 6/1/18
UNILEVER N.V. Common Stock UL 0.48 0.45 7.57% 5/3/18 6/6/18
UnitedHealth Group Inc UNH 0.90 0.75 20.00% 6/15/18 6/26/18


2108 Half Year Dividend Income Results

2018 has been an interesting ride.  We’ve seen some volatility in the markets that has given us some opportunities to pickup some decent dividend growth stocks.  Here are the purchases that I’ve made this year.

*The majority of the money for these purchases came from my 401k.  Our plan changed last year which allowed us to manage our own account.

Dividend Income Received in 2018 Net Worth

Net worth continues to grow as I pay down mortgages and invest in the market.

Let’s do the numbers…

Cash

Alright, so I finally decided to do something with all that cash from rental property #1 the sale.  Here is the plan, I’m going to keep it in cash.

After looking around, I discovered that there are plenty of online savings accounts with some decent yields (best I could find is 1.85%).  I opened a new online savings account to hold cash for a little while and I’ll keep some powder dry.  While the cash is safe, I am loosing a little to inflation (currently around 2%).  I can deal with that.

Real Estate

Since I won’t be using proceeds from the sale of rental property #1 to pay off my mortgage right now, I’m going to have to keep paying my mortgage monthly.  However, this does enable me to have some striking power if/when I see some rental properties in my area.  I would love a duplex, but I haven’t seen anything affordable in quite some time.  I’ll keep my eyes out for them.

I haven’t heard anything about my property tax dispute.  I guess I should contact the guy I paid to see how things are going.

Wrap-up

I couldn’t be more pleased with this month’s dividend income and net worth results.  I seem to be in a decent groove here and I hope this keeps up.  My half year dividend income for 2018 is 196% (almost $4,000) more than last year!  I’m going to keep my investing limited to 2,000 – $3,000 a month (even with that large cash position calling my name).  It’s going to take some real discipline to not just throw it at the market all at one time.

How were your half year results? Are you keeping some cash on the side just in case we see a nice correction?

The article June Dividend Income and Net Worth Report – 2018 appeared first on The Dividend Pig

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I hope everyone had a nice mid week (4th of July or Canada Day) holiday!  Mine was fantastic.  We had some great family time – ate hamburgers, hot dogs and drank beer.  Really, what else do you need?

I thought I would get my monthly dividend stock purchases post out earlier this month.  I’ve been publishing it very late in the month so far this year and I need to change that.

Anyway, there aren’t a lot of purchases for this July at the moment.  Now that my portfolio consists of mostly equities, not cash, the monthly purchases won’t be as dramatic as they were in January, February, March, April or May.

As of this writing, i’ve only added a little more than $15 to forward dividend income.  I plan to invest roughly 2 – $3,000 monthly, so I have some room to go.  I will keep this page updated with all additional purchases made this month.

New Buys - July 2018

SymbolCompany NameDate/TimeQuantityBuy PriceComm/FeeTotal CostYieldIncomeY DivQ Div
IRM Iron Mountain Inc 02/07/2018 2 34.80 -0.33 69.60 6.75% 4.70 2.35 0.59
CMI Cummins Inc. 03/07/2018 1 132.91 -0.33 132.91 3.25% 4.32 4.32 1.08
UNH UnitedHealth Group Inc 03/07/2018 2 247.50 -0.33 495.00 1.21% 6.00 3.00 0.75
SymbolCompany NameDate/TimeQuantityBuy PriceComm/FeeTotal CostYieldIncomeY DivQ Div
∑ = 5 ∑ = 697.51 ∑ = 15.02



My dividend portfolio has been updated with these buys.

What have you been buying this month?  

The article Money in the Trough – July Dividend Stock Purchases – 2018 appeared first on The Dividend Pig

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According to Gallup research, the average American expects to retire by 66 years old. However, many of us dream of winning the lottery or somehow making enough money to stop working much sooner than that. This dream is known as financial independence, or the ability to live off of investments and savings instead of relying on income from a full-time job to sustain our lifestyles.

If you aspire to retire early, or at least earlier than your mid to late-60s, then here are 6 excellent ways to achieve financial independence by your 50s, 40s, or even 30s.

Debt Will Kill Your Chance For Financial Independence

When it comes to debt, the average American household is far, far away from financial independence. The Federal Reserve reports that the average family has $137,063 in debt (including mortgage), or $16,883 in credit card debt, $29,539 in auto loan debt, and $50,626 in student loan debt. These figures are very troubling to see, especially considering the average annual household income is just $59,000.

Unless your debt has a supremely low interest rate (2-4% on auto loans, for example), you’ll want to tackle your debts ASAP to get back on the path to financial independence. Typically, you should pay off debts with the highest interest rates first (probably credit cards or payday loans) then increase your monthly payments on other debts that have comparatively low interest rates. Since credit is essential for many aspects of our lives, you should eventually treat your credit cards exactly like debit cards by paying off your statement balance in full every month to end the cycle of debt once and for all.

Build Your Emergency Savings Fund

Studies have shown that just 39% of Americans have enough cash to cover a $1,000 emergency. If you’re part of the 61% of Americans who would get a loan or put an unexpected expense on their credit card, how do you expect to achieve financial independence if you have to borrow money for a relatively minor expense? When it comes to home repairs, auto repairs, medical bills, and even veterinary bills, $1,000 might actually be on the low end of what you’d have to pay to fix the problem!

Fortunately, the solution to this is pretty straightforward: put away some money each month into a separate, untouchable savings account ($20 per month or $100 – it doesn’t matter as long as you’re consistently saving). Until a true emergency actually happens, pretend that money doesn’t exist or doesn’t belong to you so you’re not tempted to dip into your emergency savings for something routine like bills or credit card payments.

Protect Your Finances Against Social Influences

The old adage about “keeping up with the Joneses” is unfortunately all-too-tempting for many of us, even people who are generally good about consistent budgeting and saving money. If you have friends, family members, or even a spouse who likes to splurge without much concern for how their actions will impact their financial futures, then following along with their spending behaviors can be toxic for anyone who wants to achieve financial independence someday.

Obviously you don’t want to cut off contact with these people, but you should develop strategies for mitigating the influence they have over your spending habits. For instance, you could ask your splurge-happy friends to come over for a potluck meal at your place instead of going out to nice restaurants and bars. If your spouse is the problematic spender, then take time to discuss financial independence plans with them and brainstorm ways to achieve financial success together.

Expand Your Investment Portfolio

Investing conservatively in bonds is a good way to protect yourself against market downturns, but this strategy also makes it difficult to be able achieve full financial independence from this portfolio. Alternatively, you should strive for a dividend portfolio, which is comprised of stocks that pay out monthly or quarterly dividends to shareholders.

If you want to create a perpetual money machine, then dividend investing is your golden ticket to financial independence. This investing strategy allows you to grow wealth and create a passive income stream through the dividends you receive from your shares on a regular basis. With dividends, you don’t even have to sell your shares of stock to see financial gains – instead, you receive dividend income or little chunks of change all year-round, which can produce a nice income stream if you add enough dividend-paying stocks to your portfolio.  

Optimize Your Tax Responsibilities

True wealth doesn’t come from your paycheck – it comes from your overall financial strategy, which includes how much and where you invest your money. Tax-advantaged and/or tax-free retirement accounts like Roth IRAs and 401(k)s are great examples of this: someone who makes $70,000 per year and focuses on savings will have exponentially less money than someone who also makes $70,000 per year but maxes out their 401(k) and also contributes to a Roth IRA.

Other ways you can achieve financial independence by optimizing your tax situation include: investing in property (real estate appreciation is a fantastic way to grow wealth over time), contributing to a health savings account (HSA), and taking advantage of tax deduction opportunities, such as charitable donations.

Take on Side Hustles to Reach Financial Independence

A final pathway to financial independence involves earning more money by working more. This may seem like a few steps backwards, but in reality, it’s the perfect strategy for anyone struggling to cut even more expenses from their already tight budgets. If you’re living at your means and don’t have much wiggle room to trim your budget, how will you free up enough money to divert into wealth-accumulating investments?

Two words: side hustles. These include everything from driving for Lyft or Uber to pet-sitting, blogging, and much more. Websites like Fiverr can help you find freelancing gigs online, or you can advertise services locally to generate more income beyond what you earn at your current job. Side hustles don’t have to be permanent additions to your working schedule (especially if you already work 40+ hours per week), but even $200 extra per month going into your investment portfolio can significantly boost your chances of achieving financial independence later on.

For more information on financial independence, visit my early retirement page.

The article Financial Independence – 6 Pathways to Retire Early appeared first on The Dividend Pig

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This was an exciting month with a load of ups and downs.  It’s nice to see volatility staying in the market allowing us to buy some better values.  Below are the dividend stocks I purchased in May.

This month I added almost $550 dollars of forward dividend income.  Not a bad haul by any measure and especially nice in regards to yield.  With this month’s dividend stock purchases yielding a little over 3.6%, I am very satisfied with not only the companies purchased, but the prices paid for that yield.

New Buys - May 2018

SymbolCompany NameDate/TimeQuantityBuy PriceComm/FeeTotal CostYieldIncomeY DivQ Div
MMM 3M Co 5/1/2018 8 195.35 -0.33 1,562.80 2.78% 43.52 5.44 1.36
PM Philip Morris International Inc. 5/1/2018 10 81.18 -0.33 811.80 5.27% 42.80 4.28 1.07
BTI British American Tobacco PLC (ADR) 5/1/2018 10 52.85 -0.33 528.50 4.40% 23.24 2.32 0.58
PG Procter & Gamble Co 5/2/2018 10 71.86 -0.33 718.60 3.99% 28.69 2.87 0.72
MDLZ Mondelez International Inc 5/13/2018 15 37.55 -0.33 563.25 2.34% 13.20 0.88 0.22
GIS General Mills, Inc. 5/3/2018 20 41.24 -0.33 824.80 4.75% 39.20 1.96 0.49
JNJ Johnson & Johnson 5/3/2018 5 121.40 -0.33 607.00 2.77% 16.80 3.36 0.84
PG Procter & Gamble Co 5/3/2018 3 70.99 -0.33 212.97 4.04% 8.61 2.87 0.72
CVS CVS Health Corp 5/7/2018 10 62.09 -0.33 620.90 3.22% 20.00 2.00 0.50
RHHBY Roche Holding Ltd. (ADR) 5/10/2018 20 27.66 -0.33 553.20 6.72% 37.17 1.86 1.86
CL Colgate-Palmolive Company 5/10/2018 8 61.44 -0.33 491.52 2.73% 13.44 1.68 0.42
MMM 3M Co 5/23/2018 2 197.86 -0.33 395.72 2.75% 10.88 5.44 1.36
MMM 3M Co 5/23/2018 2 196.86 -0.33 393.72 2.76% 10.88 5.44 1.36
DWDP DowDuPont Inc 5/23/2018 8 66.25 -0.33 530.00 2.29% 12.16 1.52 0.38
KMB Kimberly Clark Corp 5/24/2018 4 104.14 -0.33 416.56 3.73% 15.52 3.88 0.97
PM Philip Morris International Inc. 5/25/2018 6 80.22 -0.33 481.32 5.34% 25.68 4.28 1.07
CMI Cummins Inc. 5/25/2018 4 146.86 -0.33 587.44 2.94% 17.28 4.32 1.08
PEP PepsiCo, Inc. 5/25/2018 5 100.27 -0.33 501.35 3.21% 16.10 3.22 0.81
CMI Cummins Inc. 5/29/2018 2 145.61 -0.33 291.22 2.97% 8.64 4.32 1.08
BTI British American Tobacco PLC (ADR) 5/16/2018 10 51.70 -0.33 517.00 4.50% 23.24 2.32 0.58
BUD Anheuser Busch Inbev NV (ADR) 5/10/2018 8 94.70 -0.33 757.60 5.23% 39.65 4.96 2.48
KHC Kraft Heinz Co 5/22/2018 10 56.58 -0.33 565.80 4.42% 25.00 2.50 0.63
TAP Molson Coors Brewing Co 5/15/2018 8 59.90 -0.33 479.20 2.74% 13.12 1.64 0.41
PEP PepsiCo, Inc. 5/31/2018 5 99.90 -0.33 499.50 3.22% 16.10 3.22 0.81
TAP Molson Coors Brewing Co 5/31/2018 5 61.26 -0.33 306.30 2.68% 8.20 1.64 0.41
JNJ Johnson & Johnson 5/31/2018 5 120.27 -0.33 601.35 2.79% 16.80 3.36 0.84
SymbolCompany NameDate/TimeQuantityBuy PriceComm/FeeTotal CostYieldIncomeY DivQ Div
∑ = 203 ∑ = 14,819.42 ∑ = 545.92



My dividend portfolio has been updated with these buys.  

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Dividend investing offers some of the best financial opportunities for new and seasoned investors alike. The proof is in the numbers: according to economic data from 1927 to 2014, growth rates for dividend-paying stocks (10.4%) substantially outperformed non dividend paying stocks (8.5%).

If you typically invest in non dividend paying stocks, then you could be missing out on a lucrative opportunity to boost your long-term portfolio growth, in addition to the short-term income potential presented by stocks that pay dividends to shareholders on a quarterly or monthly basis.

If you’ve considered getting more involved in dividend investing, then here’s everything you need to know before reallocating your investments into dividend-paying stocks:

What is a Dividend?

Simply put, dividends are the portions of a company’s earnings that are paid out to shareholders. The company’s board of directors ultimately dictates the dividend amount, which may come in the form of cash or stock shares.

Whereas other types of investments that simply fluctuate in value until you choose to sell, a stock that pays dividends not only grows in value (hopefully!) but also pays out a small sum to shareholders on a regular basis. This alone makes dividend-paying stocks vital components of any successful investing strategy.

What are Dividend Stocks?

Dividend stocks are those that pay out dividends to shareholders on a regular basis (typically on a quarterly or monthly basis). When it comes to dividend investing, you’ll want to choose stocks that offer favorable dividend yields (annual dividends per share divided by the price per share). Dividends can increase or decrease over time, depending on the company’s performance and other related factors. For reference, the average dividend yield for the S&P 500 is 1.83% (as of May 2018).

Rather than choosing stocks that currently have high dividend yields, a smarter dividend investing strategy would be to analyze the historical dividend growth rate. This way, you’ll be more likely to invest with a company that has a proven track record of consistency with its shareholders, instead of a company that just so happens to be having a great year but didn’t pay its shareholders great dividends in the past.

Additionally, you might want to invest in “qualified” dividend stocks, that come from companies with typical structures ( not REITS & MLP) which must be held for at least 60 days and result in lower tax rates on your dividend income.

How Does Dividend Investing Work?

To build a dividend portfolio, there are multiple aspects of dividend investing to understand before you start pouring money into dividend stocks. For starters, you’ll want to consider which of the two main strategies you want to focus on: high dividend growth rate or high dividend yields. The dividend growth rate approach emphasizes long-term benefits by investing in fast-growing companies that presently pay out low dividends, while the high dividend yield approach emphasizes short-term benefits by investing in slow-growing companies with quite a bit of cash to pay out to shareholders.

Before deciding which approach is right for your portfolio, it’s crucial that you understand the concept of a dividend payout ratio, which is the percentage of company earnings paid out to shareholders in the form of dividends. This ratio is useful for investors because it helps them compare how much money the company reserves for growth versus how much money the company distributes to shareholders.

For instance, a tech company that pays tiny dividends to preserve a majority of its earnings for rapid expansion would be a good choice for an investor who favors the dividend growth rate approach, while a well-established company paying decent dividends that have consistently increased over the last several years would be ideal for an investor who favors the high dividend yield approach.

What are Dividend Reinvestment Plans (DRIPs)?

One of the best ways to maximize returns with a dividend investing strategy is putting your money into dividend reinvestment plans (DRIPs). These plans allow investors to easily reinvest cash dividends into additional shares (or fractional shares) of company stock on each dividend payout date. More than 650 corporations currently offer DRIPs because these plans are advantageous for companies and investors alike: companies receive more cash to grow and investors receive greater opportunities for returns through stocks over cash payouts.

Is Dividend Investing Ideal for Your Portfolio?

Dividend investing is typically viewed as more of a conservative investment strategy because returns are more consistent and the stocks tend to perform better over time. Without dividend-paying stocks in your portfolio, you could be missing out on a great passive income opportunity, not to mention other opportunities to reinvest those dividend payouts back into the company through DRIPs.

For more information on dividend investing, visit my dividend 101 page.  Also, visit my resources page for some great personal finance book recommendations.

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This month’s dividend income is a doozy… net worth wasn’t bad either!  Another month has come and gone, again.  Keeping this blog has really put a marker on how quickly life moves.  Apparently, time moves faster as you age.

April Dividend Income

Let’s get straight to it.

This month I received $798.75 in dividend income!  On average, I was paid $29.58 from 27 different companies!!  This month’s dividend income is a mind-blowing 449.35% increase over April 2107.

Thanks to Franklin Resources (BEN) who generously provided a special cash dividend of $3.00 per share – this month turned out quite impressive.  Franklin Resources passed along their Trump tax cuts to their shareholders… thanks guys!

This is $653.35 more dividend income than last April!  Once again, the lion share of that came from BEN.  However, the rest of the percent gain has come from investing a lot of capital over the last year.

Dividend Income - April 2018
DateCompanyTickerDividend Income
2/4/2018 Travelers Companies Inc TRV 10.80
2/4/2018 PepsiCo, Inc. PEP 14.49
2/4/2018 Iron Mountain Incorporated (Delaware) REIT IRM 97.56
2/4/2018 The Coca-Cola Co KO 45.62
2/4/2018 Genuine Parts Company GPC 85.68
2/4/2018 Nike Inc NKE 28.40
3/4/2018 Kimberly Clark Corp KMB 35.00
3/4/2018 Philip Morris International Inc. PM 28.20
12/4/2018 Ventas, Inc. VTR 15.80
12/4/2018 Mondelez International Inc MDLZ 6.60
12/4/2018 Franklin Resources, Inc. BEN 193.80
13/04/18 Realty Income Corp O 61.07
13/04/18 Johnson Controls International plc Ordinary Share JCI 20.80
16/04/18 Total SA (ADR) TOT 13.33
16/04/18 W.P. Carey Inc. REIT WPC 10.15
16/04/18 Store Capital Corp STOR 15.50
16/04/18 Stag Industrial Inc STAG 11.83
16/04/18 Main Street Capital Corporation MAIN 10.45
2/4/2018 Walmart Inc WMT 25.54
2/4/2018 Public Storage PSA 20.00
2/4/2018 Union Pacific Corporation UNP 11.68
25/04/18 General Electric Company GE 13.50
30/04/18 PowerShares Preferred Portfolio(ETF) PGX 2.95
6/4/2018 Merck & Co., Inc. MRK 2.40
13/04/18 Starwood Property Trust, Inc. STWD 9.60
20/04/18 Potash Corporation of Saskatchewan (USA) POT 5.20
30/04/18 JPMorgan Chase & Co. JPM 2.80
DateCompanyTickerDividend Income
∑ = 798.75


Here is a chart of my passive dividend income progress over the last 3 years.

The dividend portfolio has been updated.

Net Worth

Thanks mostly to paying down the mortgages, net worth continued to inch up this month.

Let’s do the numbers…

Cash

I still have a lot of cash sitting around.  Once again, this is from the sale of rental property #1.  This money is ear marked to pay off my primary mortgage.  However, as you can see, I haven’t done that yet.

The market has been very volatile recently, and I have this FOMO (fear of missing out) on a huge dip.  What if the market corrects?  Shouldn’t I just hold on to this cash and wait until the ideal time to put my money to work?  I’ve wrestled with this and still haven’t come up with the right answer yet.  I’ll work on it.

As for expenses, we had one big one that accounted for all that red. One of our dogs is developing alignments in her twilight years.  That ran us back almost $1,000.  Ugh.

Real Estate

I’ve been continuing to pay down my mortgages with some decent success.  The balance on both of these loans has been shrinking quite considerably.  Just paying my loans every month is increasing my net worth by almost $3,200 – each month!  Crazy!

Our tenant is still continuing to pay on-time and we had zero maintenance issues this month!  Best kind of rental to have.

Wrap-up

Another successful month for the history books.  Dividend income saw a huge percentage increase this month which was a very welcome surprise.  While the BEN special dividend really made the month a standout, I still had a mind-blowing increase of $459.55 over April 2017 even without the special dividend!  This report really does exemplify the dividend investing strategy.  Slow and steady wins the race.

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Here are my dividend stock buys for April.  Still a little late, but I’m almost caught up from my family medical hiatus!

The quantity of this month’s new additions is significantly more modest than my March and February dividend stock buys.  Frankly speaking, I’ve pretty much run through my 401k account that I was given access to control last year.

You’ll notice I added a few extra shares of MMM this month.  The first purchase was made a little too early… oops.

New Buys - April 2018

SymbolCompany NameDate/TimeQuantityBuy PriceComm/FeeTotal CostYieldIncomeY DivQ Div
BP BP plc (ADR) 4/2/2018 10 39.91 -0.33 399.10 6.01% 24.00 2.40 0.60
D Dominion Energy Inc 4/2/2018 2 67.09 -0.33 134.18 4.98% 6.68 3.34 0.84
MMM 3M Co 4/23/2018 3 215.88 -0.33 647.64 2.52% 16.32 5.44 1.36
MMM 3M Co 4/23/2018 4 197.01 -0.33 788.04 2.76% 21.76 5.44 1.36
MMM 3M Co 4/24/2018 5 197.05 -0.33 985.25 2.76% 27.20 5.44 1.36
PG Procter & Gamble Co 4/24/2018 8 72.50 -0.33 580.00 3.96% 22.95 2.87 0.72
MMM 3M Co 4/25/2018 3 197.86 -0.33 593.58 2.75% 16.32 5.44 1.36
MMM 3M Co 4/26/2018 1 198.20 -0.33 198.20 2.74% 5.44 5.44 1.36
SymbolCompany NameDate/TimeQuantityBuy PriceComm/FeeTotal CostYieldIncomeY DivQ Div
∑ = 36 ∑ = 4,325.99 ∑ = 140.67



My dividend portfolio has been updated with these buys.  

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While the month of March has come and gone it did leave me a pretty special gift… a new huge dividend income record!  I’m excited to share the results.

March Dividend Income

I’m going to keep this short and sweet (as this report is already super late).

Let’s get to it.

This month I received $1,448.56 in dividend income!  On average, I was paid $27.33 from 53 different companies!!  This month’s dividend income is a wonderful 185.5% increase over March 2107.

This is almost $950 more dividend income than last year!  WOW!  Small caveat – this gain was not from some super stock picks but just putting a lot of money to work.

Dividend Income - March 2018
DateCompanyTickerDividend Income
3/1/2018 Ford Motor Company F 93.07
3/12/2018 Chevron Corporation CVX 73.09
3/13/2018 Johnson & Johnson JNJ 35.32
3/13/2018 Tractor Supply Company TSCO 4.05
3/15/2018 Realty Income Corp O 60.86
3/19/2018 Duke Energy Corp DUK 34.05
3/19/2018 VF Corp VFC 9.46
3/27/2018 BHP Billiton plc (ADR) BBL 32.95
3/29/2018 Public Storage PSA 20.00
3/29/2018 PowerShares Preferred Portfolio(ETF) PGX 2.94
3/8/2018 Microsoft Corporation MSFT 27.46
3/9/2018 Exxon Mobil Corporation XOM 102.65
3/15/2018 McDonald's Corporation MCD 20.05
3/1/2018 Wells Fargo & Co WFC 23.86
3/2/2018 Boeing Co BA 52.82
3/12/2018 3M Co MMM 26.62
3/1/2018 J M Smucker Co SJM 15.60
3/1/2018 Phillips 66 PSX 38.50
3/1/2018 W W Grainger Inc GWW 38.40
3/15/2018 Kellogg Company K 47.23
3/1/2018 Pfizer Inc. PFE 37.06
3/2/2018 Costco Wholesale Corporation COST 19.50
3/6/2018 Visa Inc V 9.24
3/6/2018 Southern Co SO 58.00
3/7/2018 United Parcel Service, Inc. UPS 24.57
3/8/2018 Discover Financial Services DFS 10.50
3/9/2018 Honeywell International Inc. HON 20.12
3/10/2018 Target Corporation TGT 40.30
3/10/2018 International Business Machines Corp. IBM 97.50
3/12/2018 Walgreens Boots Alliance Inc WBA 18.00
3/15/2018 HSBC Holdings plc PERP SUB CAP SECS EXCH PREF SHS SER 2 (United Kingdom) HSEB 15.00
3/15/2018 Stag Industrial Inc STAG 11.83
3/15/2018 Main Street Capital Corporation MAIN 10.45
3/15/2018 Hershey Co HSY 14.43
3/16/2018 Delta Air Lines, Inc. DAL 30.05
3/20/2018 Dominion Energy Inc D 50.94
3/21/2018 QUALCOMM, Inc. QCOM 26.79
3/22/2018 Home Depot Inc HD 92.70
3/1/2018 Intel Corporation INTC 3.60
3/2/2018 Invesco Ltd. IVZ 7.83
3/8/2018 Cummins Inc. CMI 12.96
3/9/2018 Emerson Electric Co. EMR 3.88
3/10/2018 United Technologies Corporation UTX 2.80
3/20/2018 UnitedHealth Group Inc UNH 3.75
3/21/2018 Unilever plc (ADR) UL 11.58
3/23/2018 Lockheed Martin Corporation LMT 6.00
3/23/2018 Weyerhaeuser Co WY 3.84
3/29/2018 T. Rowe Price Group Inc TROW 11.90
3/30/2018 Digital Realty Trust, Inc. DLR 5.05
3/30/2018 Marriott International Inc MAR 1.98
3/30/2018 PepsiCo, Inc. PEP 5.64
3/30/2018 Travelers Companies Inc TRV 7.92
3/30/2018 Union Pacific Corporation UNP 13.87
DateCompanyTickerDividend Income
∑ = 1,448.56


Here is a chart of my passive dividend income progress over the last 3 years.

The dividend portfolio has been updated.

Net Worth Report

I managed to increase my net worth this month after last month’s big decline!

Let’s do the numbers…

Cash

Well how about that, cash went up a little this month!  After last months big hit from healthcare expenses, I’m overjoyed to be adding money back to our emergency fund.

The large cash balance is from our rental property sale.  This money will be used to pay off the our primary mortgage.  I’ve held off using the cash until I figured out exactly what we owe in taxes this year.

Real Estate

So, I learned a valuable lesson this year while doing taxes.  Paying taxes on a sold rental property isn’t fun.  The government makes you depreciate a rental property, which is great while you’re doing it.  You know, it’s free money.

However, when you sell that asset, the goverment wants that free money back.  Ugh.  So, I had a gigantic amount to pay back to the government and I owed close to 15k this year!!!!  Next months report will reflect that hit to the cash stockpile.

Other than that, rental property #2 is doing great and the tenant continues to pay on time!

Wrap-up

There is absolutely nothing negative to be said about this month, even with having to pay the government so much.  Net worth increased and dividend income made a new high.  The best part is this new high should be close to to the new normal for three more months this year!  I need to continue to keep my head up and find the best values the market is currently providing.

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