Friday, August 30, 2019

August Review / September Preview, 2019

Good Morning Gremlin here to talk about my progress from this past month and take a look into the future.  Life with a two year old never seems to have a dull moment, though there are tiring ones.  This summer we went to the beach on our annual family vacation, which was an excellent experience for our son.  And also a taxing experience for the rest of us.  Sadly, summer is now drawing to a close as kids return to school and life returns to normal.  So with that said, how did I do?


This month I made one new purchase this month acquiring shares of 3M (MMM) in my taxable account.

I brought in a total of $338.97 in dividends ($113.48 taxable, $69.01 Roth, and $156.48 IRA).  This is an increase from last year (281.30 total) by 20%.

In terms of dividend increases, I realized*one raise from the Bank of Montreal (BMO).  The increase was 3%.  I have now realized 39 raises thus far this year.  I also realized one cut of approximately 33% by KHC.

Next month I will realize nine raises from the Hershey's (HSY), Kellogg's (K), Target (TGT), Union Pacific (UNP), Discover Financial Services (DFS), JM Smucker (SJM), Walgreen's Boots Alliance (WBA), Westlake Chemical (WLK), and Aqua America (WTR).  The increases range from just about 2% to 10+%.  In addition, Kontoor Brands (KTB) initiated a dividend and VF Corp (VFC) decreased their's, however these add up to the same respective amount so this stat will not be added in as this is due to the KTB spin off by VFC.

* 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 October or November.  Our focus is on eliminating the auto debt before next year.

Next month should produce around $448 in dividends, which is a 12% YOY increase.

My portfolio page is currently up to date.

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


  1. Like the MMM pick up. Been a while since I added to that stock. It was one of my first DGI stocks in my portfolio when I started about ten years ago. What a dud KHC turned out to be. Even the "bluest" of blue chips falter and fall from grace every now and then. WFC cut a while back. Look at GE. This is why we diversify. I'm still hanging with my losers for now. Keep up the good work. Thanks for sharing.

    1. DHut,

      Thanks for the comment. I too like MMM a lot, and KHC has been a dud. That said KHC can come back, and how often do we say 'what is old is new again?" I see you on WFC, and parts of GE. However, GE is mainly an exercise in frustration at a level beyond all the rest. And you are right, that is why we diversify!

      - Gremlin

  2. Good job but i think your numbers on mixed up somewhere $503 is almost 50 percent increase from last years. but any increase is good. Keep it up

    1. D and H,

      Thanks for catching that, the mistake was my last year's take at being close to 400! Anyways, I will keep it up and thank you for commenting.

      - Gremlin

    2. Correction, not last year's take, but my take this month. I wrote down a number about how much cash is in one account... its all correct now, doi.