Made 2 small buys on July 12 2018. next best thing to receiving dividends is buy a company so that i get more dividends.
The first buy was CIM i bought a small portion only 10 shares for $18.89. I have owned this stock for awhile and have added to it over the years this buy will add $20.00 dollars a year to my dividends.
AGNC is the second buy i also bought 10 shares of it for $19.07. I have owned this stock for awhile and have added to it over the years this buy will add $21.6 dollars a year to my dividends. Both of these buys were commision free.
Both are Mreits while Capital One classified them in the reit section. Merrill Edge classifiers them as financial. 6 in one basket half a dozen in another lol.
As a lot of you know i was switching brokerages well on Jun 26 the first transfer went through. On July 2nd the second transfer went through. Some hiccups along the way but i got a free transfer out of Capitol One.
Now a little on the backstory. I started investing in the original sharebuilder back in 2001 and was very pleased was just want i wanted cheap yet simple. they mad some switches along the way selling out to ING then to capital one this last one made me think i just want something that most likely wont get bought out or sold. As always there is a chance but i think with my new brokerage its very slim.
I decided after Capitol one decided to sell out to switch to Merrill edge. I looked at a few prospects like M1 but the pie idea didnt suit me that well no offense to anyone that has it. i also looked at interactive brokers which looked intriguing but they do have some fees if your account isnt above $100,000. the more i thought about it the more i liked Merrill edge. I already had a checking account with bank of America so to me it made since to go with Merrill edge.
Now that the transfer is complete i have made some trades made some this week with some posts to be coming soon. i had 300 free trades. I was hoping to overlap it and not have that much of wait to get the next batch of free trades but i will have to wait it looks like till Sep is when i will average out for at least 50 free trades a month. really thats all i need but i should qualify shortly after for a upgrade to 100 free trades a month. for these free trades you need for the 50 free trades 50,000 combined in merrill edge and BAC accounts. for the 100 free trades it is $100.000 combined for 3 months.
Some of things i like about merrill edge is the website is easy to use once you know your way around. Trades are very easy to make. they estimate how much dividends you will get in a given year. They show you long term and short term gain for the year and for the life of the stock. You can look at every purchase and dividend reinvestment for long term gains and short term gains and losses.
Maintain over $50,000 combined balances allows you access to market pro or 15 trades a month. Lots of extras like extended market hours which lets you trade pre and post market.
Lots of good stuff with Merrill edge and i have saved a bunch in fees as i would not have been able to make all these trades with out these.
Another Dividend increase was given to me last week. What did i do? really nothing I just trusted them with my money a few years ago and they reward me with an increase once a year.
CHARLOTTE, N.C., July 6, 2018 /PRNewswire/ — Duke Energy today declared a quarterly cash dividend on its common stock of $0.9275 per share, an increase of $0.0375 per share, or 4.2 percent.
The dividend is payable on Sept. 17, 2018, to shareholders of record at the close of business Aug. 17, 2018.
“For 92 consecutive years, the dividend has played an important role in delivering value to our shareholders,” said Lynn Good, chairman, president and CEO. “This increase reflects continued confidence in our ability to produce strong financial results as we execute our long-term strategy.”
Anytime a long term strategy includes dividend increases I am happy very happy.
I currently own 37 shares of DUK so this will add a nice round number of $5.55 a year in dividends.
Yes that is correct 3 buys all in one day. 3 buys 2 companies. They were smaller buys but buys non the less and i will take both or all of them.
First buy was monday July 2nd when i logged into Merrill Edge account and seen i had money from the rest of my transfer.
Starbucks is the world’s leading coffee retailer, with more than 21,000 global locations (with total units split roughly half company-owned and half licensed). The company purchases and roasts high-quality whole bean coffees and sells them, along with fresh, rich-brewed coffees, Italian-style espressos, teas, cold blended beverages, and complementary foods. Starbucks has recently expanded beyond its core retail business into consumer products leveraging the strength of its brand equity.
Once the cash was semi available i bought Sbux, and i bought 11 shares at $48.89 totaling $537.74. I turned around a few minutes later and seen that it had dropped again so i bought 2 more shares at $48.85 for a total of $97.70 for a total of $635.44. This adds $18.72 dollars a year to my dividends.
The second buy was O yes the monthly income company and i increased my month;y income by adding 6 shares to my total. 6 shares at 6 @ $52.98 for a total of $317.93. O just recently announced an increase so this will add $15.84 a year to my dividends
Not a lot of money but bought SBUX for the first time and added to O always want to keep adding to my good stocks.
Well it is time to look at my mid year net worth. the hope is that it increases every quarter the reality is that i know some quarters it will go down. So far ive been been blessed and its gone up every quarter. that wont happen every quarter but in those it does well I am thankful for.
I have included the first quarter i tracked it along with the last quarter. Hard to believe it has gone up just shy of 100,000 in just a year and a half.
Because I am going through a brokerage transfer it is split out between share builder and Merrill Edge next quarter those will be combined as my transfer is almost all complete. Later on this year i will transfer in the Morgan Stanley to my account also.
Do you do net worth updates? How has it been doing? Let me know.
We are cruising through the year and just hit the 7th month of the year. I looked at my list checked it twice to see who was naughty or nice? OOO wait wrong month for that but i did have to check my list twice and in a minute you will know why. This month was so close but no cigar. still a brutalizing record which really helps.
Just a quick recap of some things pertaining to my account. I finally got a partial transfer of my account into Merrill edge one June 26th. Took long enough but im glad its started. i will write more on this later as lots more info on the transfer.
You can scroll over and see the bar chart or scroll down and see the comparison to last year. As you can see from the numbers you can see why I had to check my list twice. but alas to no avail as thats what it looks like the numbers will be. I will have to wait till December for a $700.00 plus month as i have 2 supplemental dividends that push this month way over top. of course i was helped by XOM and PEG both gifts from my mom with a small addition to XOM.
If i were to go to my Durango Joes coffee shop at 2.97 a cup times 30 is $89.01. That leaves me with a nice $610.08 to put towards my bills. Which for June would have covered all my bills. In the future i will have more bills when i take over the house from my mom. for now this covers my bills. But alas we will collect what we did and save it to drop into a stock once my total transfer gets complete. We had a 80 percent increase over last year. This months $699.18 comes out to $23.08 a day I earned this month. This brings my accumulated dividends for this year to $2802.66, this comes out daily to $15.48 a day average for the year. Which puts me on schedule for bringing in this year, $5605.32. My 12 month rolling prospective dividend cumulative is $6051.86 which comes out to $504 a month average.
How was your dividend haul? Did you do better than expected? Let me know in the comments below.
June is past and we are streaming into the second half of the year. For the midyear review we are going to look at how balanced or unbalanced my portfolio is. This does include mutual funds or ETFs which i have 1.
As you can see a big difference not only in total amount but some of the sectors. I was gifted a lot of stock about $33,000 from my mom so that is where the main difference comes from. Selling of UVE a financial stock and adding it to T is the what makes up the differences between Financial and Telecoms. While I would like consumer goods to get out in front that wont happen over night and i will continue to add good companies at good to great prices as i see fit.
SAN DIEGO, June 19, 2018 /PRNewswire/ — Realty Income Corporation (Realty Income, NYSE:O), The Monthly Dividend Company®, today announced its Board of Directors has declared an increase in the company’s common stock monthly cash dividend to $0.22 per share from $0.2195 per share. The dividend is payable on July 13, 2018 to shareholders of record as of July 2, 2018. This is the 97th dividend increase since Realty Income’s listing on the NYSE in 1994. The ex-dividend date for July’s dividend is June 29, 2018. The new monthly dividend represents an annualized dividend amount of $2.64 per share as compared to the current annualized dividend amount of $2.634 per share.
I have 32 shares of O it dropped because of the anticipated switch from Capital one to Merrill edge but if the price is right i will buy more. In this case every cent counts and it does. this isnt a large raise, but they consistantly raise their dividend throughout the year. This will result in an increase of .192 cents a year nit much but ever raise counts and over time these raises add up.
CHARLOTTE, N.C.–(BUSINESS WIRE)– Following completion of the Federal Reserve’s 2018 Comprehensive Capital Analysis and Review, Bank of America today announced that the Federal Reserve did not object to the company’s capital plan, which is estimated to return approximately $26 billion to common stockholders over the next four quarters through a quarterly common stock dividend increase and common stock repurchases. That estimate is based upon the company’s current number of outstanding shares and share price.
As part of the capital plan, the company’s Board of Directors plans to increase its quarterly common stock dividend by 25 percent to $0.15 per share, beginning in the third quarter of 2018.
Since i own 228 shares of BAC this will add $6.84 a quarter raise or a $27.36 a year in extra dividends. what is not to like about that? every raise counts whether big or small i love them all as they all add towards the official goal of me being self sufficient.
I am already up over last years $142.23. with a few more raises left this should get close but not over $200.00 a year in raises for this year.
Ahh the best time. Summer is creeping up on us though some places it feels like it is already here other places never had a winter. But the best part is that end of the month after hearing all thse dividends hit the account I can literally hear chaching chaching as all those coins hit my account. now we get to tally them all up.
Coming into May i had a streak of 5 months of over $300.00 a month would that continue or would we have to start over?
We did it 6 months of over $300.00 When i started blogging this and a lot of other things seemed so far away but daily new things are being done.
In anticipation of my brokerage switch i shut off dividend reinvestment. I was hoping it would have happened by now but has not. Hopefully soon though. The mutual fund that has the dividend reinvest is with my insurance company.
If i were to go to my Durango Joes coffee shop at 2.97 a cup times 31 is 92.07. That leaves me with a nice $250.55 to put towards my bills. but alas we will collect what we did and reinvest and save it to drop into a stock once my transfer gets complete. We had a 62 percent increase over last year. This months $342.62 comes out to $11.05 a day I am earning this month. This brings my accumulated dividends for this year to $1760.86, this comes out daily to $13.93 a day average for the year. Which puts me on schedule for bringing in this year, $5038.42. My 12 month rolling prospective dividend cumulative is $6034.49 which comes out to $502 a month average.
How was your dividend haul? Did you do better than expected? Let me know in the comments below.
Yes another dividend raise. another small one but they all add up over time. And time is our best friend when we are young and start investing.
THOMASVILLE, Ga., May 24, 2018 /PRNewswire/ — Flowers Foods, Inc. (NYSE:FLO), producer of Nature’s Own, Wonder, Dave’s Killer Bread, Tastykake and other bakery foods, today announced that its board of directors has declared a quarterly dividend of $0.18 per share, an increase of 5.9% over the same quarter last year. This is the 63rd consecutive quarterly dividend paid by the company and is payable on June 21, 2018 to shareholders of record on June 7, 2018. This action increases the annualized dividend rate to $0.72 per share from $0.68 per share at this time last year.
This dividend may be small but i love it because eventually small will turn into bigger and better. I dont know about you but I can never get enough raises. no matter how small or how big a dividend raise they get us closer to the whatever goal we have, wether that is retire early or cut down on work and work part time, or just extra money for bills or vacation.
Since i own 90.46 shares this adds .904 cents a quarter to my totals and $3.61 a year