Monday, May 1, 2017
April Review / May Preview 2017
Apart from the fun, Loyal 3 announced they were ceasing operations and changing their format. I have already begun an account transfer to move the shares out into my existing brokerage. Though many positions I had there were not yet completed, the fact remains is that they will continue to pay me and boost my output. I intend on holding those positions, and adding to them when the valuations become justified in the future. The 'loss' of Loyal 3 is not a loss so much as it is merely a transition that I anticipated making anyway.
This past month I put $1600 dollars to work between Loyal 3 and my regular brokerage. With the loss of Loyal 3, my regular large purchases should become much more common.
Last month I brought in a total of $70.94 in dividends ($70.94 taxable, $0 Roth, and $0 IRA). This is a decrease from last year ($84.31 total) by 16%. The reason for the decrease remains the change in payout structure from Kraft-Heinz (KHC), which has switched to paying on the 3rd month of each quarter.
In terms of dividend increases, I realized six this month from Bank of Nova Scotia (BNS)*, Canadian Imperial Bank of Commerce (CM)*, Dr Pepper Snapple (DPS), Coca Cola (KO), Realty Income (O), and Walmart (WMT). Raises were between 0.2% to more than 9%. Thus far for 2017, I have realized 21 dividend increases! (* = in local currency)
Next month I will realize three raises, from Ameriprise Financial (AMP), General Dynamics (GD), and Omega Healthcare Investors (OHI). The increases range from around 1.5% to more than 9%. I will also likely realize a dividend increase from Apple (AAPL), however it has not yet been announced.
Our only remaining debt is extremely low interest auto loans. So far I have stashed a significant amount of cash, with the impending doom of home shopping on the horizon...
Next month should produce around $242 in dividends, which is a 183% YOY increase, which is mainly attributable to my IRA and a few newer positions plus some growth in my other accounts.
My portfolio page is currently up to date.
Hope everyone has a great May (have fun)!
- Dividend Gremlin
- Long all stock tickers mentioned