Dividend Update - September 2015
It's the end of one month so it's time for my favorite update: my dividend update. These 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 page to see what dedication to an investment plan can give you.
I honestly don't know how we're already into October. This year has flown by although I'm not surprised considering everything that had been going on in my life over this past year. The end of a month, especially the end of a quarter month, is always great for dividend growth investors since many of the US based companies pay their dividends then. That makes for lumpy dividend payouts on a monthly basis but it all works out in the end.
September was great for my dividends as I set a personal best for the month of September with $848.96 in dividends received in my FI Portfolio. I also received $4.82 in dividends in my Loyal3 portfolio bringing my total taxable account dividends for the month of September to $853.78. I don't know if I'd have believed anyone telling me that in September 2011 I would receive $21 in dividends and in just 4 years that number would increase 40 times. That speaks to the power of time and commitment to the dividend growth investing strategy. Year to date I've received $4,390.41 in my FI Portfolio and another $$99.16 in my Loyal3 portfolio. My Roth IRA also brought in $44.24 during September with a year to date total of $200.63.
Dividends in my FI Portfolio increased 2.67% from June's total and a solid 23.11% from September 2014. Considering how little I've been investing this year, due to capital not lack of opportunities, I'm pleased with the growth. My Loyal3 dividends increased 7.59% from last quarter and 4,720.00% year over year. Of course that's a bit exaggerated since I only pulled in $0.10 last year.
My Roth IRA though gives a purer view of dividend growth investing at work since I haven't made any contributions to the portfolio since 2011 and have been reinvesting all dividends into the company that pays them. The portfolio is very skewed towards financials but in the overall picture of my total investment portfolio this isn't any issue. My Roth IRA's dividends increased 0.64% from June of this year and 6.1% year over year. Not spectacular growth but it's still growth and that's from just dividend increases and reinvestment since there's been no additional capital added since 2011.
Dividends received are one thing, but I'm also after dividends that grow organically each year. Six of my holdings sent dividend increases my way during the month. Those companies were W. P. Carey (WPC), Care Capital Properties (CCP), Verizon (VZ), Realty Income (O), Microsoft (MSFT), and Phillip Morris (PM). Combined these companies increased my forward 12-month dividends by $27.84. That's like I invested an extra $826 during September at my portfolio's current yield of 3.37%. Except that I didn't. The best part about that is that I didn't have to do anything to receive these raises except for invest some of my savings into excellent companies. Thanks to the dividend increases and reinvestment of select dividends, my FI Portfolio's forward 12-month dividends increased to $5,980.38. My Loyal3 Portfolio's forward 12-month dividends ended September at $58.68 bringing my total taxable forward dividends to $6,039.06. My Roth IRA's forward 12-month dividends sit at $269.70.
Below is the chart showing 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. At the end of September my monthly average thus far is $487.82 which is almost a $110 increase from 2014's average of $379.24. With more contributions/investments and expected dividend increases the gap should widen that much more.
|Company||Dividend Amount||DRIP Shares|
|Wells Fargo (WFC)||$20.63||--|
|Bank of America (BAC)||$8.09||--|
|Phillips 66 (PSX)||$4.64||--|
|Emerson Electric (EMR)||$29.05||--|
|Target Corporation (TGT)||$71.87||--|
|Realty Income (O)||$17.42||--|
|Johnson & Johnson (JNJ) (Full Analysis Here)||$56.41||--|
|Pepsico (PEP) (Full Analysis Here)||$43.24||--|
|3M (MMM) (Full Analysis Here)||$18.46||--|
|United Technologies (UTX)||$8.96||--|
|T. Rowe Price Group (TROW)||$10.40||--|
|Becton, Dickinson and Company (BDX) (Full Analysis Here)||$4.80||--|
|Ross Stores (ROST) (Full Analysis Here)||$6.58||--|
|Union Pacific (UNP) (Full Analysis Here)||$13.20||--|
|Hershey Company (HSY) (Full Analysis Here)||$6.41||--|
|Care Capital Properties (CCP)||$2.85||--|
|CenterPoint Energy (CNP)||$26.07||1.470|
|September 2015 Total||$848.96|
|2015 YTD Total||$4,390.41|
|Company||Dividend Amount||DRIP Shares|
|Bank of America (BAC)||$5.07||0.327|
|Wells Fargo (WFC)||$10.31||0.193|
|Norfolk Southern (NSC)||$24.11||0.315|
|September 2015 Total||$44.24|
|2015 YTD Total||$200.63|
I've updated my Dividend Income page to reflect September's changes.
Image courtesy of Stuart Miles on FreeDigitalPhotos.net.
How were your dividends in September? Are you on track to meet your dividend goals with just one quarter to go?