Thursday, November 1, 2012

Dividend Update - October 2012

October was a slow month as expected for dividend payouts with only 2 companies paying out in my FI portfolio and only 1 company paying in my Roth IRA.  In my FI portfolio, my forward 12-month dividends to start the month stood at just over $930 and with the 7 purchases that I made in October I've increased my forward 12-month dividends to $1,309 for my FI portfolio and $180 for my Roth IRA.  I made a lot of progress on the forward-12 month dividends but will fall short of my $1,000 received in dividends for 2012.  At least I'm already over that mark for next year assuming all dividends are kept at the same level and not cut.  In October I made 7 total purchases with 6 in my FI portfolio and 1 in my Roth IRA.  I initiated 3 new positions in CAT, CMI and KMI and added to my NSC and KMI positions as well as twice to my MCD position.

Dividend Income 2012
Company Dividend Amount Shares Purchased
Coca-Cola (KO) $19.79 0.520
EOG Resources (EOG) $0.68 0.006
October Total $20.47
2012 Total $420.89

Roth IRA - Dividend Income 2012
Company Dividend Amount Shares Purchased
JP Morgan (JPM) $6.13 0.149
October Total $6.13
2012 Total $75.43

I've updated my Dividend Income page to reflect October's changes.

8 comments:

  1. Wow, seven purchases is huge. You are making a lot of progress, keep up the good work!

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    Replies
    1. I wasn't expecting to make 7 purchases when I started October but the opportunity came so I went for it. I need to get back into the put selling business, it's been a while since I've done that.

      Thanks for stopping by!

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  2. Those seven purchases should go a long way toward boosting your dividend income. Keep up the good work!

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    Replies
    1. They're definitely going to help out. They already increased my forward dividends by about 40% and that was with just 1 month of purchases. I can't wait to get a chance to pick up some more shares over November. Unfortunately none of the buys will help out with the October payment's, but as of now I'm not worried about having even payouts across the months. I can deal with that later.

      Thanks for stopping by!

      Delete
  3. PIP,

    Great month! Your dividends are going to start rolling in big time at this rate. 7 purchases! That's great. I feel pretty lackluster now! Haha.

    I plan on putting new capital to work in November, and hopefully Mr. Market cooperates.

    Best wishes!

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    Replies
    1. DM,

      I cant wait for them to start rolling in. A $400 increase in dividends is awesome. Don't worry i still have a lot of work to do to catch up with you. I'll be looking forward to see what you pick up in November. I should be able to make some purchases this month as well.

      Thanks for stopping by!

      Delete
  4. Holy crap, you've been a busy little bee! October was the slow month of the cycle for many of us, don't worry about low totals. The nice part is that you'll finish the year strong and then have a record setting performance next year!

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    Replies
    1. CI,

      October was a busy month for purchases and November should bring another 2 or 3 so I'll be improving my forward dividends more and more every month. Considering I didn't get to make too any purchases until the mid of July, I think I did a pretty good job of increasing my dividends. To start the year my forward dividends was at $450 and I'm on target now to receive about $750 for the year. It's been a great year so far and I can't wait to see where I end up for the year.

      Thanks for stopping by!

      Delete