Wednesday, October 11, 2017

Personal Bests & On The Right Track | Dividend Update - September 2017

dividend growth investing, financial independence, freedom, dividends
Dividend Update - September 2017
I'm slowly getting back into the groove of things after my extended blogging absence, but things are getting back to normal...at least somewhat.  Unfortunately for me just as I was getting back in the saddle I was headed back home from work which is always a good thing.  However, time at home means time dedicated to taking care of the "honey do" list that grew while I was gone and of course spending as much time with my wife and daughter as I can.  So writing gets put on the back burner.  

I'm back at work now so hopefully I can get into a groove, but there's currently a trainee that's out here working with me which means I can't really spend too much of my time writing when I'm trying to teach someone.  

It's the end of one month and the beginning of another so it's time for my favorite update: my dividend update.  These dividend updates reflect all dividends that I receive through my investing pursuits. I hope they 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 open up all sorts of possibilities. You can check my dividend income or progress pages to see what dedication to an investment plan can give you.

First off September saw a personal best for my FI Portfolio with $903.73.  That's the first time that I've crossed that mark in any month which is exciting.  The next stop is getting that elusive comma in the monthly total.  My Roth IRA chipped in another $41.39 during September.  Combined those 2 portfolios produced $945.12 in dividends during the month. 

FI Portfolio

As I mentioned earlier I set a personal best for my FI Portfolio and broke through the $900 level in September.  I just tip toed in at $903.73 dividends received, but I still passed it.  

I'm pretty happy with how the portfolio has been performing over the last year.  Considering there's been a few trims of positions and absolutely NO new capital added, that's only because we have other priorities with our cash right now, I'm pretty happy with how things have been going.  

Compared to June 2017 my FI Portfolio saw a solid 2.0% increase and year over year that increase jumps up to 3.3%.  Through September of both years 2017 has dipped slightly with a -0.3% change, but it's moving in the right direction.

Loyal3 Portfolio

My Loyal3 Portfolio no longer exists, but kind of still exists in the ether.  You see I put in the transfer of assets request earlier this year through my primary brokerage account, but apparently they didn't get all the information sent over to Loyal3 before the deadline.  Unfortunately that meant that I had an account opened up at Folio First and I've yet to get the transfer over to my regular brokerage account.  That's just pure laziness on my part, but I have been taking advantage of their $0 commissions (well $5 monthly service fee for unlimited commissions).  

Since I know the transfer is coming up, assuming I get off my butt and get the forms sent these assets will be moved into my FI Portfolio and will then get moved into a new tracking spreadsheet.  For now though that portfolio hasn't been kept up with in an easy to read format.  

Side note:  Folio First requires the documents be snail-mailed to them.  Seriously?!?!?! What brokerages don't do online transfers of assets in this day and age?  So that's the real thing that's been keeping me from getting this done.  

Roth IRA Portfolio

Thanks to Wells Fargo and Bank of America September saw a rather large 14.3% increase to my dividends received compared to June.  Sadly that's off a pretty small basis, but I'll take every bit of that all the time.  Through the first 9 months of 2016 I had received $199.37 of dividends; however, through the end of September 2017 I'm at $209.56.  That's a solid 5.1% increase and I'm currently on track for a 10%+ increase for the full year.

Dividend Raises During the Month

September ended up being quite a busy month for dividend increases with 5 increases in total among my FI Portfolio holdings.  You mean a company I own a piece of, albeit tiny, wants to pay out more of their profits to me just because I own part of the company?  Sign me up!  

That's 5 different pay raises in just one month.  Combined those 5 companies increased my forward 12-month dividends by nearly $39.  Through the end of September I've received 38 different dividend increases raising my forward 12-month dividends by over $236.

Looking Forward

My forward 12-month dividends for my FI Portfolio ended 2016 at $5,839.81.  My Roth IRA's forward-12 month dividends ended September at $316.70.  Across both accounts, assuming no dividend cuts or position size changes, I can expect to receive at least $6,156.51 in dividends over the next year.

Monthly Average

Below is the chart showing the monthly dividend totals 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, as we saw above, and eventually some positions will get dropped, but the long-term trend is what matters.  

The rolling 12-month monthly average for my FI Portfolio is at $468.57 per month which is just slightly below 2016's monthly average of $469.73.  Considering the stock sales that I had made to adjust some positions and raise some cash for other purposes that's a win.  I'm currently on track to beat the annual monthly average by the end of the year.
dividend growth investing, dividends, financial independence, freedom
Monthly Comparison of Dividends Received From FI Portfolio
Dividends Received Breakdown


FI Portfolio - Dividend Income
Company Dividend Amount DRIP Shares
Wells Fargo (WFC) $21.46 --
Bank of America (BAC) $19.42 --
McDonald's (MCD) $79.81 --
Halliburton (HAL) $25.17 --
Phillips 66 (PSX) $5.80 --
Emerson Electric (EMR) $29.67 --
Walgreens Boots Alliance (WBA) $18.43 --
Harris (HRS) $34.49 --
Cummins (CMI) $25.18 --
Target Corporation (TGT) $79.57 --
Aflac (AFL) $31.57 --
BP (BP) $54.57 1.566
Microsoft (MSFT) $16.05 --
Chevron (CVX) $65.51 0.586
Exxon Mobil (XOM) $53.26 0.558
Realty Income (O) $19.90 0.338
IBM (IBM) $45.33 --
PepsiCo, Inc. (PEP) $49.55 --
Johnson & Johnson (JNJ) $63.86 0.409
Unilever plc (UL) $12.38 --
Wal-Mart Stores (WMT) $32.34 --
3M Company (MMM) $21.16 --
United Technologies (UTX) $9.80 --
Ventas (VTR) $18.11 --
T. Rowe Price Group (TROW)$12.03 0.139
Becton, Dickinson and Company (BDX) $5.89 0.030
Ross Stores (ROST) $8.98 --
Hershey Company (HSY)$7.22--
Centerpoint Energy (CNP) $30.921.030
Visa (V) $6.30 0.061
September 2017 Total $903.73
2017 YTD Total $4,257.67



Roth IRA - Dividend Income
Company Dividend Amount DRIP Shares
Bank of America $12.50 0.491
Wells Fargo $11.36 0.221
Norfolk Southern $17.53 0.142
September 2017 Total $41.39
2017 YTD Total $209.56

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

How were your dividends in September?  Are you on track to meet your goals with the 4Q already well under way?

Let me know in the comments below!

Image courtesy of Stuart Miles on FreeDigitalPhotos.net.

6 comments:

  1. Good to see you back posting updates, JC! Welcome back!

    September was a record-breaking month for me, too, and I'm on track or exceeding my 2017 goals, except for a writing goal that I won't make.

    Take care and happy investing!

    ReplyDelete
  2. PIP -

    Straight killing it, setting records and making progress. Strong addition to your income from dividend increases, always helps! Congratulations and keep it up sir!

    -Lanny

    ReplyDelete
  3. Gogogogogogogo!

    I look forward to reading your report of your first "comma month".

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  4. Great update. Looks like many records have been broken in September. Just goes to show that we're all doing something right :) Keep up the good work. You have put together a nice collection of solid dividend payers.

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  6. Strong addition to your income from dividend increases, always helps!


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