Wednesday, May 31, 2017


Just collected 15 dividend payments for the last day of May!  Total dividend income is up a whopping 100% over May of 2016!  I was very pleased to see that during the first five months of this year, I have added 20% more shares than the total shares owned at the end of 2013.  2013 was the year I began rebuilding my investment portfolio, so I'm very pleased with the progress I've made in the past 4 years.  Still a long way to go before I retire, but things are looking good so far.

I'm expecting good things for the month of June, with it's 39 dividend payments.  I haven't done the math, but I'm pretty confident of doubling monthly income, compared to last year, once again in June.  So far I've only had one month with less than a 100% increase and it came in close to doubling.  Just got to keep things moving forward for the rest of the year.

Collected my first dividend payment from ORA, but it looks like I got in too late to collect the upcoming dividend from INTC.  I'll most likely have to wait until September to collect from Intel.  But it's nice to see they've raised their dividend once again, starting in June.  It's always a good sign when they have a history of raising dividends and plenty of income to continue doing so.

Tuesday, May 30, 2017


As I await the big end of the month dividend payouts, I'm pleased to report, through a combination of cash investments and reinvested dividends, I was able to increase the overall value of my portfolio by over 10% in the month of May!  Average monthly dividend income increased by 8%, keeping me on track to double dividend income again this year!  Although I've had a few setbacks, in the form of dividend cuts, I'm very pleased with the overall performance of my investments for the first 5 months of 2017.  

Don't have any big plans for the month of June.  Would like to complete the purchase of shares of MAIN for my ROTH account.  This would add an additional 14 dividend payments per year, bring my total up to 421, or 1.15 dividends per day.  When reinvesting dividends, frequency of payout boosts yields, so I'm always happy to increase the number of times I get paid per year.  I plan on following up the MAIN purchase by adding a stake in GUT to my taxable account and buying shares of SPLV for my IRA.  Those two purchases would add another 24 dividends per year, for a grand total of 445!  The rest of the year, I'll concentrate on building positions in some of the individual stocks I own.

Wednesday, May 17, 2017


The purchase of shares in INTC and AEG Tuesday, brought the total number of dividend payments I receive per year up to 407!  While the stakes in Intel and Aegon will only raise average monthly income by a little over 1%, I think they'll both make good long term investments.  I'm a little iffy about AEG, but since they're the parent company of TransAmerica, who manages my 401k, I bought some shares for the dividend to recapture some of the fees they charge me for managing my account.

The market started of great yesterday, but ended up not doing much.  Today it looks like the trend is mostly down.  I kind of expect that this time of year, so I'll be keeping a close eye out for bargains as share prices drop.  Right now I've got my automatic purchase plans set to add to CNP for my taxable account, I'm buying more SPHD for my IRA and I'm purchase shares of MAIN for my Roth IRA.  The addition of MAIN will add another 14 dividend payments per year, bringing my annual total to 421!  Not sure how soon these purchases will go through, it depends on available cash, but I plan on buying MAIN first.

I diverted some of my dividends to cash to help pay for upcoming purchases, but with the price of stocks going down, I want to take advantage of reinvesting dividends to add to my positions at the lower prices.  With the Fed's set to raise interest rates, I decided the best dividends to convert to cash were from the bond funds.  My thinking behind this is that an increase in interest rates will drive bond fund shares lower, at least temporarily, so might as well take the cash for now.   

Tuesday, May 9, 2017


Just completed my big stock purchase of ORA, CCD, SPHD and QCOM to boost monthly dividend income by 10%, but I'm not resting on my laurels.  I've decided I can squeeze out enough cash this month to also purchase additional shares of AGD which will increase monthly dividends by another 2%!  I've put off the purchase of JNJ until later in the year, when I have more available cash.  May divert some dividend income to cash to help pay for JNJ shares.  I'd like to buy as big a stake as possible and am hoping to catch it at a better price in June or July.  Have to wait and see how that goes.

With the latest stock purchases, my total number of dividend payments per year has increased to 401!  That's 401 dividend "paydays" each year.  More than one per day!  JNJ will add another 4 dividends per year for a grand total of 405.  I have no plans to add additional stocks once I've reached that point, since I've already surpassed my goal of a dividend per day.  I'll be concentrating on growing positions in currently owned stocks to increase monthly income.  

At this point, I have to say this new portfolio I started 4 years ago has far exceeded my expectations.  I now make almost as much in dividends in one month as I made for the entire year of 2013!  How exciting is that?  It continually amazes me how quickly monthly cash flow is increasing.  I certainly feel like I made the right decision in 2013 to concentrate on dividend paying stocks in rebuilding my investments.  It's paid off remarkably well.  Now it's practically taken on a life of it's own, with reinvested dividends continually increasing monthly income and building nice cash balances as well.  

Tuesday, May 2, 2017


May 2017 kicked off with great cash inflows to my portfolio from first of the month dividends and additional cash investments!  I'm excited about planned stock purchases this month, using cash received from my employee of the year bonus and savings.  I'll be adding more shares to my stake in CCD, will buy a stake in SPHD for the ROTH account and complete purchases of ORA and JNJ shares as well.  This will give me at least a 10% jump in average monthly dividend income!  Pretty exciting to have such a big increase in a single month!

The month of April 2017 showed a little less than a 100% increase in dividend income over April 2016, breaking my winning streak of 100%+ gains for this year.  While a little disappointing, it only fell short by a little over $1, so I'm still pretty happy with the results.  As I've said in previous posts, I don't expect these outsized gains in dividend income to continue indefinitely.  As balances in my accounts increase, it will become more difficult to add enough extra cash to keep doubling annual dividend income.  Although I most likely will see income double again this year.

Looks like I bought shares of VZ at just the wrong time, since they've not done well after announcing the huge loss of subscibers.  I could have gotten the shares a lot cheaper if I'd waited a week or two.  Still, I think they're a solid long term holding, so I'm not fretting too much.  I can always average down cost of shares by purchasing more shares when the price bottoms out.  

As the year progresses, I'll be looking to boost dividend income through purchases of more shares in some of the higher paying monthly dividend stocks.  I'll also be looking to add to my stakes in some of my individual stock holdings.  I'm expecting to see a slow down in the market around the end of June through the month of July and possibly into August as the summer vacation season kicks in and people are busy with other things.  This hasn't always proved to be the case, but does seem to happen quite often, so I like to watch things closely that time of year and pick up as many bargains as I can.