Tuesday, October 1, 2013

Dividend Update - September 2013

September is now in the books and now it's time for again for my favorite monthly update, my dividend update.  These dividend updates reflect all dividends that I receive through my investing pursuits and I hope can help inspire you to take control of your own finances and investing to build a passive income stream.  What you use that stream for is up to you, whether it's to fund early retirement, just provide some FI/FU money, or even to provide for an annual vacation; the key is that it can provide options and opens up all sorts of possibilities.  Since most of my ownership stakes pay on the March, June, September, December schedule I get great results when each quarter closes.  You can check my dividend income or progress page to see what dedication to an investment plan can give you.  I was able to set a personal best in dividends received during a month during September which is great motivation for me to continue on.

I received a total of $451.04 in dividends in my FI portfolio in September and have received a total of $1,747.39 through the first nine months of 2013.  After August's zero payment month for my Roth IRA, September brought a much welcomed 4 payouts.  In my Roth IRA I received a total of $48.68 in dividends raising the total for 2013 to $162.40.  There's a chance that I can my goal of $2,750 in dividends/option income for 2013 by dividends alone, but it would probably require more focus on dividend dates.  I'd rather focus on buying quality companies at fair prices than worry about collecting the next dividend payment but with a new quarter stopping and most companies paying their next payment in December it's still a possibility.  For my FI portfolio September saw a 3.9% increase over June and 171.9% increase over September 2012.  Considering that I took over $30k out during July/August to fund the recent house purchase I'm happy to still see an increase in my dividends received.  For my Roth IRA September was a 2.7% increase over June 2013 and 160.0% increase over September 2012.  I haven't been able to add funds to my Roth IRA so far in 2013 and don't think I'll be able to due to passing the MAGI limits for contribution.  It's a shame but it's still a good problem to have.

My FI portfolio's forward 12-month dividends increased to $3,015.43.  At this rate I'm going to average over $250 before any future investments, reinvestments, or dividend increases.  This is 86.16% of the way towards my goal of $3,750 in forward dividends by the end of 2013.  My Roth IRA's forwad 12-month dividends are up to $223.54 and will only make baby steps going forward.  I made a few changes to the FI Portfolio during the month by selling about 1/3 of my position in both Intel and Caterpillar and initiated positions in Johnson & Johnson and Baxter International.  I don't have a post up about it yet, but I did add to my shares of Procter & Gamble yesterday by picking up 15 more shares.

FI Portfolio - Dividend Income
Company Dividend Amount DRIP Shares
Wells Fargo (WFC) $16.17 0.391
ConocoPhillips (COP) $11.91 0.178
Bank of America (BAC) $1.62 0.115
McDonald's (MCD) $80.78 --
Intel (INTC) $33.93 1.518
Halliburton (HAL) $12.50 --
Phillips 66 (PSX) $2.55 0.044
Emerson Electric (EMR) $14.80 0.239
Walgreen's (WAG) $21.62 0.433
Harris (HRS) $34.65 --
Cummins (CMI) $14.57 --
Target (TGT) $43.45 0.682
Aflac (AFL) $15.96 0.275
Lorillard (LO) $27.86 --
BP (BP) $21.87 --
Microsoft (MSFT) $9.26 0.294
Chevron (CVX) $30.00 0.247
ExxonMobil (XOM) $22.68 0.258
Walmart (WMT) $10.34 0.142
Realty Income (O) $4.38 0.111
Centerpoint Energy (CNP $30.00 0.875
September Total $451.04
2013 Total $1,747.39

Roth IRA - Dividend Income
Company Dividend Amount DRIP Shares
Wells Fargo (WFC) $7.82 0.189
Tower Group (TWGP) $9.57 --
Wal-mart (WMT) $4.33 0.060
Norfolk Southern (NSC) $26.96 0.364
September Total $48.68
2013 Total $162.40

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

How did your dividends do in September?  Set any personal records?


  1. Getting over $450 in dividends in a single month is great. Congrats on passing the $3,000 forward 12-month dividend mark, too. It looks like you're on track to close out the year very nicely. Good job!

    1. DGM,

      It'll be so much better when my monthly average is $450, but I'm still glad to get $450 in just one month. The others are slowly building up and I'll be over $100 for every month here on out. The last quarter should be pretty good for my FI portfolio, especially if the mess that is the government keeps wreaking havoc.

      Thanks for stopping by!

  2. Pursuit,

    Great month! Over $450 in passive income is very sweet. :)

    I hit a record this month. It was a wonderful September. I think December is also going to be very nice.

    Keep up the great work!

    Best wishes.

    1. DM,

      September was great and December will be even better! Keep up the good work yourself Mr. $600+.

      Thanks for stopping by!

  3. I love reading the dividend updates of other investors. It's great to see income progress. Congrats on a good month!

    1. Integrator,

      It's so inspiring to be able to check in on others' progress and helps to keep me motivated. I won't lie, it's a bit of a personal challenge to try and catch up to some of you guys that are ahead of me. So watch out!

      Thanks for stopping by!

  4. Gotta love the high payout months (September). I don't have any dividend stocks atm, but I do miss that feeling! Luckily, I still have 401k and Roth IRA, and even those pay out in September. Those are on auto-pilot and managed to pay out about $350 this month.

    Great work! $3k forward dividends shows some impressive progress you've been making.

    1. FI,

      I don't think you have to worry too much about not having any dividend stocks at the moment. You cash flow from your rentals is quite impressive and much better than an equivalent portfolio if you used the same capital. I don't check my 401k/IRAs for their dividends that often because it's in the same boat as the capital that it's too hard to get to without taxes/penalties prior to regular retirement age.

      Thanks for stopping by!

  5. Nicely done.

    That portfolio is coming along nicely.


    1. Mark,

      It's been doing quite nicely over the last 1.5 months and just continuing to spin off some dividends. I'm glad that the house purchase is done and it'll be even better in another month or so when my budget will be more consistent. Luckily starting in October I can start investing more heavily back into my portfolio.

      Thanks for stopping by!

  6. New to your blog, but that's awesome you get that much per month. I want to ask are you concerned with having Wal-Mart and wells Fargo in both FI / Roth accounts? kind of risky.

    1. EL,

      Glad you found it! I wish I was averaging that much, but over the last quarter my monthly average was just over $240 so I've still got some work to do.

      I'm not worried about owning both WMT & WFC in both accounts. I'd actually like to own more of both and WMT is looking pretty good right now. It's all part of the overall portfolio and neither weights are way out of whack. The Roth is a much smaller part of my overall investment/retirement strategy anyways due to the limits on contributions. WMT & WFC should continue to offer great returns and solid dividend growth going forward.

      Thanks for stopping by!