Friday, May 31, 2019

May Review / June Preview, 2019

Sweaty Gremlin here to talk about my progress this past month and what the view is like for next month.  It is officially sticky in the DC area, which means that short bike rides, walks, or anything similar to that result in a me-sized rain shower.  I am not even the sweatiest person I know, but it is definitely not pretty.  Anyways, the stock market has been running an interesting streak - as if were also drenched in sweat either due to effort or stress.  It is currently more unpredictable than I remember it being in the last several years.  I plan on taking full advantage of that in my quest to move towards FI.  However, getting there in this heat will be a sweat filled journey, so lets see what steps are being taken.


This month I made one purchase acquiring shares of Evercore Inc, (EVR) in my taxable account.  Once again had I waited a few weeks it would have been even better value.  I also received 3 shares of Kontoor Brands (KTB) as it was spun off from VF Corp (VFC) at a 1 share per 7 spin off rate.

Last month I brought in a total of $323.36 in dividends ($82.96 taxable, $69.01 Roth, and $156.48 IRA).  This is an increase from last year (267.98 total) by 20%.

In terms of dividend increases, I realized* five (5) raises from the Apple (AAPL - forthcoming shortly...fingers crossed), Royal Bank of Canada (RY), Ameriprise Financial (AMP), Kinder Morgan (KMI), and General Dynamics (GD).  The increases are from about 5% to about 25%.  I have now realized 30 raises thus far this year.  I also realized one cut of approximately 33% by KHC.

Next month I will realize five (5) raises from the Pepsi Co (PEP), Sonoco (SON), Unilever (UL), Johnson and Johnson (JNJ), and Exxon Mobil (XOM).  The increases are from about 4% to about 6% (an amazingly narrow and specific range for once).

* I only count increases when realized, because until that money is delivered any statements or declarations are simply conjecture.


The mortgage continues and I am putting extra cash towards the principal monthly - not a huge number, but every little bit counts. Our debts currently outstrip our assets (I choose not to count the house or cars as assets).  Outside of our house, we still have very low interest auto debt (1.5% for our car), which I am aiming to pay off by the end of the year.  Debt is being eliminated, and we are aggressively building and assets.

My next purchase will be in June, which will make for 11 consecutive months of buys across all accounts.

Next month should produce around $452 in dividends, which is a 17% YOY increase.

My portfolio page is currently up to date.

Hope everyone has a great June.
- Dividend Gremlin
- Long all stock tickers


  1. Solid month! Those are some great companies you have in the portfolio!

    Best regards.

    1. Divcome,

      Thanks for the comment. I agree it, the portfolio, is starting to really tie the room together!

      - Gremlin

  2. Solid month, I'm waiting for raises from JNJ and UL too.

    1. Tawcan,

      Thanks for stopping by! So many increases are going to be sweet this year, those included. Keep rocking over there, you got a huge lead and are a little bit of an icon for the FI community.

      - Gremlin

  3. I've never been to DC Gremlin. But I've heard the summers can get pretty hot and humid. Ignoring the weather. Excellent month of dividend income! Congratulations on continue to crush it. Also - side note. Whenever I see the Gremlin, I think of Star Wars. if you're a Star Wars fan, let me know, and I'll tell you the reference!


    1. Bert,

      Yea its not joke around here, sticky all the time. I am a Star Wars fan, and is it one of the aliens at Jabba's Palace? Thanks for the comment!

      - Gremlin