September:
This month I made no new purchases, but I should next month.
Last month I brought in a total of $319.66 in dividends ($106.24 taxable, $80.64 Roth, and $132.78 IRA). This is an increase from last year ($115.43 total) by 177%. This total is extra high as Discover (DFS) changed its payout month, and it will be the last time that the IRA really blows that percentage out of proportion.
In terms of dividend increases, I realized* seven this month from DFS, Hershey's (HSY), Kellogg's (K), Kraft-Heinz (KHC), Target (TGT), J.M. Smucker's (SJM), and Westlake Chemical (WLK). The raises range from 3.3% to 16.8%. Thus far for 2017, I have realized 38 dividend increases!
Next month I will realize three raises from CIBC (CM), Scotiabank (BNS), and Realty Income (O). The increases range from 0.3% to 6%.
* I only count increases when realized, because until that money is delivered any statements or declarations simply appear to be conjecture.
October:
The mortgage has started, so at least part of our 'rent' counts towards our house. Our debts currently outstrip our assets. Outside of our house, we still have very low interest auto debt. Both my car and house are receiving slightly out-sized payments monthly. We will be effective at eliminating debt, while still building and assets. This is a long game, and I am nothing if not patient.
I have cash on hand to make another buy, but I might not depending on other needs.
Next month should produce around $68 in dividends, which is a 15% YOY decrease.
My portfolio page is currently up to date.
Hope everyone has a great September, sorry for those who are back to school, but don't want to be...
- Dividend Gremlin
- Long all stock tickers mentioned
Thanks for the update. That's a big y/y increase even if it's driven by some changes in dividend payment dates. How is 2017 vs. 2016 looking overall since these monthly updates can vary a lot?
ReplyDeleteTitM,
DeleteThanks for the comment. Overall 2017 has already exceeded 2016. More interestingly, I should be well above last year's totals especially in my IRA (which finally had a whole year to work). Roth will do mildly better than last year, but the great news is my taxable account which has already matched last year.
- Gremlin
Love the results so far Gremlin and the large dividend increases. The fact you received seven increased dividend payments is just insane. I'll be receiving the CIBC increase next month and cannot wait. Plus, I just added to my position so I'm very excited about the growth I am about to realize in October.
ReplyDeleteBert
Bert,
DeleteThanks for the comment. I agree 7 is insane. I remember when I had less than 7 positions, now I am getting 30+ increases a year. Time and patience are our real allies!
- Gremlin
That's a big y/y increase even if it's driven by some changes in dividend payment dates. How is 2017 vs. 2016 looking overall since these monthly updates can vary a lot?
ReplyDeleteเกย์ไทย
RP,
DeleteThanks for the comment. So far 2017 is already beyond 2016 pretty much across the board!
- Gremlin