Tuesday, June 16, 2015

Dividend Update - May 2015


Another month has come and gone so it's time 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 invest 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.  You can check my dividend income or progress page to see what dedication to an investment plan can give you.

I received a total of $374.38 in dividends in my FI Portfolio in May and a total of $2,038.33 YTD.  Dividends received in my FI Portfolio for May showed a solid 4.9% increase from February of this year and excellent 53.1% growth compared to May of last year.  Unfortunately I still don't own any companies that pay in the second month of each quarter within my Roth IRA so there was a big fat zero from that account.  However, I did receive $1.16 from my Loyal3 portfolio that I started back in August 2014.  That was a 10.5% increase quarter over quarter.  The best thing about my dividends so far this year is that over the last 3 months I've earned $1,442.28 which is impressive to me.  That's essentially an extra purchase each quarter from dividends alone.

Forward 12-month dividends for my FI Portfolio ended May at $5,860.41 which is about a $170 increase from the end of April thanks to dividend increases and investments in W.P. Carey, Inc. (WPC), Omega Healthcare Investors (OHI), and Ross Stores (ROST) (Full Analysis Here).  Adding in my Loyal3 Portfolio's forward dividends of $55.98 brings my total taxable accounts' forward dividends to $5,916.12.  Forward dividends for my Roth IRA remain unchanged at $265.88.

The following chart shows the monthly dividend totals of my FI Portfolio only for each year that I've been investing as well as the monthly average.  It's not always an increase as some companies have weird payout schedules and eventually some positions will get dropped, but the long-term trend is what matters.  My monthly average YTD is at $407.67 which is a solid $28.43 increase from my average for 2014.  With more contributions/investments and expected dividend increases the gap should continue to widen.


FI Portfolio - Dividend Income
Company Dividend Amount DRIP Shares
Procter & Gamble (PG) $45.35 --
AT&T (T) $24.01 --
Kinder Morgan Inc. (KMI) $104.86 --
Air Products & Chemicals (APD) $14.97 --
Realty Income (O) $17.37 --
HCP Inc. (HCP) $45.85 --
General Mills (GIS) $28.72 --
Verizon (VZ) $23.65 --
Starbucks (SBUX) $8.99 --
YUM Brands (YUM) $17.26 --
Deere & Company (DE) $36.15 --
Omega Healthcare Investors (OHI) $7.20 --
May Total $374.38
2015 Total $2,038.33

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

Image courtesy of Stuart Miles on FreeDigitalPhotos.net.

18 comments:

  1. I love reading dividend income posts like this one. Unfortunately I am only a small scale investor so my annual dividends are tiny compared to yours but I can see that you need to start small to build something much bigger. Over 50% increase since May last year is a fabulous achievement and shows you are going in the right direction.

    ReplyDelete
    Replies
    1. My dividends are tiny as well, but I remember getting my first $7 dollar dividend and thinking "that money just showed up out of nowhere, that's cool!"

      Delete
    2. Laura,

      We all have to start somewhere. My first month of dividends I received a grand total of $0.64. So don't be despised at the somewhat slow progress or low totals. We all have different life situations which lead to different abilities to save/invest. Just remain consistent and always looking for ways to improve whether that's saving more, earning more, investing better. Eventually you'll get there and your dividends will be rolling in.

      Thanks for stopping by!

      Delete
    3. John,

      That's the key right there. If you save money and invest in quality companies that pay and increase their dividends you'll be rolling in the dough in the future. And the best part is that you aren't having to sell products, or do R&D or anything for the improvement of the company. You just have to own parts of wonderful companies.

      Thanks for stopping by!

      Delete
  2. Nice progress, JC. A 53% increase from last year is fantastic! Congrats on the dividend income and best wishes

    R2R

    ReplyDelete
    Replies
    1. R2R,

      Yeah I didn't really expect to hit a 50%+ increase this year but that's going to start to slow down big time over the second half of the year. Well unless I can get back to consistent work which means consistent saving which means consistent investing. I love building up my dividend stream with new investments and even better is the dividend increases.

      Thanks for stopping by!

      Delete
  3. Awesome Quarter and month for you JC. That's the power of consistency and focus. Keep it up my friend. Keep the momentum going. One day at a time. I'll be sharing this journey with you and always a pleasure visiting you bud. Best wishes to us. Luke's gonna do it up. I know he will.
    Take care JC.

    ReplyDelete
    Replies
    1. Hustler,

      Consistency is the biggest factor with DGI. It's a slow process and in the beginning. Heck it's still a slow process now and I'm nearing the 1/3 mark but the momentum is increasing.

      Thanks for stopping by!

      Delete
  4. JC,

    Great month with some really solid companies paying you growing cash flow. The good life of an investor. :)

    Keep it up!

    Best regards.

    ReplyDelete
    Replies
    1. DM,

      Passive cash flow is awesome. There's not much that's better than receiving cash for doing nothing.

      Thanks for stopping by!

      Delete
  5. Great passive income for a 'quiet' month with quite a few names in common between our portfolios. With all these dividend increases as well as fresh capital being added you can really see that snowball beginning to grow on it's own. Keep up the solid work.

    ReplyDelete
    Replies
    1. DivHut,

      Yeah I'll take this as a quiet month. It's great to be at a level where the dividend increases are truly providing a meaningful component to the dollar increases each month and year. Remaining consistent and ever vigilant will let us reach FI eventually.

      Thanks for stopping by!

      Delete
  6. Hey JC,

    A monthly average of $407.67 is pretty rad. That's a whole ton of money just coming your way for sitting tight.. Pretty good deal.

    Best regards,
    DB

    ReplyDelete
    Replies
    1. Dividend Beginner,

      It's pretty cool because I've reach that level in a relatively short amount of time. Consistency is the key to DGI! And you nailed the best part: getting paid for doing nothing. That's excellent as far as I'm concerned.

      Thanks for stopping by!

      Delete
  7. Look at the monster KMI dividend ! Over $100 there alone, wow! KMI is looking sexy after the negative press it's had recently. Great month PIP

    ReplyDelete
    Replies
    1. Captain,

      Yeah KMI is definitely doing the heavy lifting on the F, M, A, N schedule. KMI is looking good here but I've got a bit too much exposure to the O&G sector and KMI in general so I won't be adding unless we get firesale prices. At least not at current levels.

      Thanks for stopping by!

      Delete
  8. Congratulations on crossing the $2000 mark for 2015. That's some serious passive income! Keep up the good work.

    ReplyDelete
    Replies
    1. Ferdi S,

      It's great to pass the $2k mark already this year. It took me until July to reach $2k last year. Thanks for stopping by!

      Delete