Wednesday, July 7, 2021

JUNE 2021 DIVIDEND INCOME

 2021 is the year of recovery.  Most of the nation is opening up.  People are out again and spending money that like it's Christmas all year.  

One of the side effects of this is a giant boom in the stock market.  Dividend increases.  All time highs.  And looks like it will grow even more once the transportation logistics work itself out.  In short, it's a good time to be a dividend growth stock investor.    So how did I do?

Not too shabby at all.  Now one of life's ironies is that right when it is time to snatch u as many shares as possible, I am in an extended holding pattern for free cash flow due to a family caretaking situation.  It will clear up and I will be able to make up for time lost.  But in the meantime, I will take my dividends and have a nice big pile to spend at a later date.

June brought me 48 dividend payments for a grand total of $1275.00.   Pretty steady flow of income.  More than 1.5 per day makes for an exciting month!   

It is a gain of 10.56% over 2020's $1,153.18.   That's the pace I want to see.

My big gain was from the amazing Vanguard High Dividend Yield Index Fund  (VYM).  whenever I cannot choose what to get, I pick up some VYM.  It's basically a mirror of much of my own portfolio.  

Also loving my payout form T. Rowe Price. (TROW).  It paid it's usual quarterly dividend, but at the time of writing, I just received a special dividend of about triple this amount!

Here's the breakdown:


I will have about one or two more months of figuring out my personal situation, but after that clears up, I will be on a huge roll.   See 'ya soon!


Monday, May 31, 2021

MAY 2021 DIVIDEND INCOME

 We are 41% through the year (5/12).  And it feels like I just wrote this.   Thats mainly due to an incredibly busy month of May.  Big personal stuff going on that I will go into more detail on a later post when things all shake out.  But it makes time fly by so fast I did not even do my regular 3-4 posts a month.

May was a good month when it comes to passive income.  And by passive income, I mean collecting dividends from companies that I invest in that reward their shareholders by sharing the profits.  These companies tend to have a long track record of increasing these payments year over year.  This will result in some amazing compounding that will rapidly increase this income over the period of a few years.  

All it takes is 2 things: reinvesting dividends earned and patience.

The result of this patience is earning $1,047.99 from 30 companies.  This is an increase of 31.2% over 2020 and the $798.80 I earned last May.   The result of dividend increases, reinvesting the dividends and adding to the pot with any spare change when I can.   Hopefully, this pace will keep up. 



My big payday was at the start of the month with AT&T paying $192.40 and on 5/17 and the $100.50 payout from OHI.  

I do believe this is the end of seeing such payments from AT&T.   But it was a good run and it sure will be an adventure when shareholders get the shares of the new company..

Until next month - CHEERS!

Saturday, May 29, 2021

APRIL AND MAY BUYS AND SELLS - TEMPORARY SHAKEUP

Hello folks.  Took most of a month off from blogging to deal with some major league stuff.  

April began as a normal month, with my regular purchases using my easily earned dividend income.  Then things changed.  

I am in the position to have to take care of my mother and place memory care.  She had always refused to even consider any form of long term care insurance, or even any planning for any care.  She was sure she would just live out her life with no medical issues at all and  just peacefully disappear one day.  

Of course that does not happen to most people.  Time has come when she can no longer live at home on her own.  Sad, but I knew this day was coming for a few years now.  And sad for her, but with zero short term memory, she will only be upset for a short while after we move her. I would have been able to plan better, but she even refused to let me be power of attorney until she hurt her ankle 2 years ago.  

So it's up to me to pay for the first few months of care.   I had to do the inevitable:  sell a bunch of shares to cover the costs until we sell her home and recover the costs.  

In order to minimize the impact of these sales, I mainly chose the investments that pay the lowest dividend rate.

So first I will show the chart and then break it down.


So I now have $88,000 in cash.  This will allow me to pay for a few months of her care and prepare her house for sale.  The home repairs will take some serious cash, but will be worth it for sale price.

I decided to pick the holdings that had divided rates at 2% or lower.  A couple were a bit higher, like Target (TGT), but they had gained over 100% in equity and so I did not have to sell other holdings to get this much cash.

Once the home is sold, I will pay back this into my account and will start these over.  I kept at least one share in all of the holdings I closed out in order for me to remember the ones I will buy again.

In summary, I lost $1.346.70 in annual dividend income.  Not too bad considering the amount I took out.

I will update this as time goes on.

Take care of yourselves!


Monday, May 3, 2021

APRIL 2021 DIVIDEND INCOME

 A third of the way through.  Amazing.  2020 took nearly 100 years to end, and now you blink and it's 1/3 through the next year.  

April is one of my favorite months.  Spring weather returns, flowers come out, 


and I can spend much more time outside.  Like building a raised bed to have a permanent green onion supply.

.

April also means another month of dividend income.  These dividends are the result of being patient, vigilant, and dedicated to creating a source of passive income that will carry me through my retirement and hopefully will be passed on to future generations.

This month I received 28 payments adding up to $940.61.   This is down 18.71% from 2020, but after the "COVID Shuffle" I did with cut dividends, I am up about 8% over 2020 and will most likely increase to over 10% overall.  The selling and buying in 2020 resulted in losing income in January, April, July, and October.  but the other months are up tons!

And of course, I am taking these funds and buying more shares to increase this payment.  

The big dividend of the month  was Whitehorse Financial (WHF)  They are back after a few months off protecting my investment.  I just love the 10% yield.

Here's the breakdown:


May will be a monster month for me, but things will be getting funky in June for a few months, as I have to focus on some family issues.   I'll be updating y'all about this soon enough.

Please post comments if you see anything or have any questions.

Cheers!

Saturday, April 24, 2021

MARCH 2021 GOAL UPDATE

We are already 1/4 done with 2021.  It could not have gone faster.  In January, I posed some goals for the year.  Take a look:  2021 Goals.  

 Let's see how my goals are coming along:



FINANCIAL GOALS

  1. Add $10,000 to my investment account.   DONE!  Added $12,500 to my account!
  2. See my dividend income increase by 10% from 2020.  So far up 8.1% from this time last year
  3. Save $8,000 for bills in 2021.  Stuff happens.  Have $100 saved so far... 
  4. Fulfill my goal of buying the equivalent in shares of what I spent in 2020 at the following: Met my goals for Costco, Home Depot, Mcdonalds, Starbucks, Kroger, and  AT&T.  (the leftovers will go towards 2022)  I just need to focus on Target (TGT)


PERSONAL GOALS
  1. Go to Hawaii for 10 or more days.  I need beach.  Going for 11 days in August.  Phew.  My homa away from home.  Can't wait
  2. Exercise more.   Walk 10,000 steps per day.  I am now up to over 8,000 steps per day on average and going up!
  3. Drop about 30 lbs.  I am at 204 lb this morning of 1/1/21.  My doctor wants me to slim down.  My pants do too.  It's made my blood pressure creep up.  At 5'7", I need to be much lighter.  The walking will help.  So will goal # 4....  Down about 10.  On pace to lose 30 by my August vacation.  Beach body baby...
  4. Eat very little sugar.  I am eating much more healthy recently.  
  5. Sell off more of my record collection.   I am out of room.   Still getting more.  But did sell a few box sets.
  6. Make more music and release an album..   Still working on it.  Titled my latest song "Skid Mark Karen"...
  7. Work on front yard garden.  BAM!   Dug it up and weeded.  Layed down bark mulch.  Planted 4 blueberries, 2 raspberries, 4 lavenders, and placed a galvanized raised bed to have a permanent green onion supply.   Looking good!  Remember, this was a JUNGLE.


Posting this is keeping it real for me.