Friday, October 30, 2015
October Review / November Preview 2015
First off, I was able to put $598 to work in Loyal3 over the course of last month, so that was a good start.
Last month I brought in a total of $53.45 in dividends ($46.61 taxable , $6.84 Roth), way less than expected. This is a decrease from last year ($70.52 total) by 24.2%. The main reason this occurred is Kraft Heinz (KHC), who have not continued the Kraft dividend. That should change, however I plan on monitoring this position closely for the rest of the year. It is my personal belief they are setting up to pay in a different month. Also my position in PGH reduced its payout, it hurts, but as stated before this is a legacy stock - one that I am happy to no longer depend upon.
In terms of dividend increases, I realized two this month; Realty Income's (O) with a small percentage increase and CIBC (CM) with a small increase as well. Unfortunately with CM, the ForEx ratio meant that very little was realized by me in the USA. Two new raises were reported, Kinder Morgan (KMI) adding another 4% and VF Corp pumping up their dividend by15%! KMI has now given me a raise ever quarter since the first I've owned them.
Our only long term debts are our cars, which will continue though I plan to pay mine off as fast as possible. I have already gotten ahead on my monthly payments and that will not stop. My wife's car will receive this attention after mine is finished. Hopefully I can travel for work less so I can enjoy stuff around me more, that is starting to become too common in my life.
Next month should produce around $62 in dividends, which is a 1% year-over-year increase. I expect to realize one raise next month from KMI. On the Loyal3 side, I plan pursue increasing positions in VFC, Walmart (WMT), and Hershey's (HSY) - all stocks that have seen price declines making them more attractive.
My portfolio page is currently up to date.
- Dividend Gremlin
- Long all stocks mentioned