Friday, July 31, 2015
July Review / August Preview, 2015
For the first two, clearly the highest interest and friendliest services are desired. Concerning credit cards, I am not a person who thinks I should pay with cash for everything - screw that. I prefer using a card, then paying it off, to access the maximum amount of benefit to us. My wife is on-board with this, so now we just need to figure out what benefit scheme we want. Applause for the minor victories.
Last month I brought in a total of $78.11 in dividends ($52.61 taxable , $25.50 Roth). This is a increase from last year ($69.37 total) by 12.6%. I had estimated $75 this past month, and I happily exceeded that.
I also received a $559.92 special dividend from the merger of Kraft and Heinz into KHC. I am not counting this towards my regular dividend income because of the one time nature, but it is awesome. This extra cash is helping me to fuel a large buy next month in my Roth. Very, very exciting!
In terms of dividend increases, I realized four this month; Canadian Imperial Bank of Commerce (CM), Disney (DIS), Realty Income (O), and PepsiCo (PEP). It should be noted that a strong US dollar hurt my CM payout, which is in Canadian dollars. DIS increase was a unique surprise with a large pay increase and movement from annual to semi-annual dividends - makes me want a lot more of it. One new announcement for a dividend increase was made; Kinder Morgan (KMI) increasing its payout by 2.08% / 1¢ per share quarterly! I love getting raises...
As with prior months I continued my Loyal3 march towards Financial Independence. I added 2 shares of Microsoft (MSFT) and slightly more than 4 of Coke Cola (KO). KO now sits at a 'full' Loyal3 position, and I will not be adding to it, save for extreme price dips.
My only long term debt is my car, which shall continue. I have already gotten ahead on my monthly payments, and I will continue pushing that direction. I have no tests left, just one wedding to attend. So I will be doubling down on investing and saving for the remainder of the year.
Next month should produce around $67 in dividends, which is a 9% year-over-year increase. I expect to realize one raise next month from KMI. I expect to pick up more shares of either MSFT and complete its position in my Loyal3 account. I also expect to add shares of Kellogg's (K), Hershey (HSY)*, WalMart (WMT)*, and or PEP in my Loyal3 account. Asterisked stocks indicate positions that would be new.
Outside of investments, I will be traveling for both work and fun. I hope to pop out a review of a local vineyard or brewery in my travels, so stay tuned for that. Doing a few days of work near Buffalo, NY and possibly other locations. I will also be spending just short of a week at the beach, which brings me to my favorite question do you prefer the beach or the mountains? My answer is clearly both, but if I had to choose it'd probably be the beach.
Hope everyone has a great August!
- Dividend Gremlin.
- Long KHC, CM, DIS, O, PEP, KMI, MSFT, and K.