Saturday, September 30, 2017

September Review / October Preview, 2017

Cold(er) Weather Gremlin here to talk about the last month and take a peek through the looking glass into next.  The end of September has finally brought some chillier weather to my area.  Being that I bike to the train for work, I enjoy not getting on board and being a sweaty mess.  In addition, the wife will appreciate it, as being pregnant in hot weather is considered less than desirable.  Either way, the big deal is the baby around the corner.  We have done some classes, gotten the room ready, and all that other fun stuff.  The real challenges and fun are still ahead.


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.  


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


  1. 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?

    1. TitM,

      Thanks 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

  2. 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.


    1. Bert,

      Thanks 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

  3. 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?


    1. RP,

      Thanks for the comment. So far 2017 is already beyond 2016 pretty much across the board!

      - Gremlin