Monday, October 31, 2016
October Review / November Preview, 2016
I bought two new stocks in my new SEP IRA, however due to my lack of paying attention I neglected to post those buys so here I go. I bought 30 shares of HCN for a total cost of $2,101.13 and 75 shares of OHI for $2,497.95. Those are two huge purchases and round out the SEP IRA investments for a long time. Only a negligible amount of cash remains in that account, and I will probably not be deploying that plus new dividends until next fall. In the meantime I will soak up those dividends!
I also rounded out my position in YUM on Loyal3. This is the final purchase I will make into YUM for a while, and I am deciding what action I will take on the YUM China (YUMC) stock, which I will receive in November. Exciting times over there at Loyal3 to be sure.
Last month I brought in a total of $81.58 in dividends ($61.22 taxable, $20.36 Roth). This is an increase from last year ($53.45 total) by 52.6%. Next month my SEP IRA will start to kick in distributions, and it will probably annihilate prior totals I have posted before.
In terms of dividend increases, I realized two this month from Realty Income (O) and Bank of Nova Scotia (BNS). The raises ranged from 0.2% to 3% (approximate in $USD from $CAD).
Next month I will realize two raises, from YUM and American Express (AXP). The increases are around 11% each. Thus far for 2016, I have realized 27 dividend increases!
Things are getting exciting. As I noted above, one of my wife's student loans is gone. Looking ahead two months, I will start to save a solid amount of cash. This is related to the fact that my wife and I will look to get a house sometime in the next 2-3 years. I want to go in with a decent down payment to make sure we get what we want.
I will post a Beers of Thanksgiving article, which will highlight my favorites for this time of year.
Next month should produce around $200 in dividends, which is a 426% YOY increase, most of which is attributable to my new IRA. I am now ahead of last year, and I need to remain focused.
My portfolio page is currently up to date.
Hope everyone has a great November!
- Dividend Gremlin
- Long all stock tickers mentioned