Follow the dividend investment decisions of a person who has no background in financial investment and wishes to take control of their financial future to retire from their full-time job at 60.

June Dividend Income - 29 Jun 2019 13:22

Tags: monthly_income

I have not posted anything the last couple of weeks as I have been working hard and recently sick. I decided to skip last week and this week’s weekly posting and instead will jump right into my monthly report…

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After 32 years of clocking in and out of work and religiously saving 10% annually every year, in good times and bad, I have decided to share my monthly dividend income to show what regular saving and investing can accomplish.

For the month of June I made $2,538; an increase of 6.09% versus this time last quarter. The bulk of the increase came from dividend increases announced in the first quarter that are finally paying out.

For the month I made 2 stock purchases and both were for existing holdings in Chatham Lodging Trust (CLDT) for my Roth and AbbViie (ABBV) for my IRA.

On Monday I’ll ad my regular monthly deposits to my brokerage & Roth accounts which will increase my brokerage account balance to over $1K so I expect next month’s stock purchase to be in this account.

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Looking at my 3 year goal metric I improved my percent complete by 0.53% from last month. Looking at my remaining time to complete this goal (28 months) I need a monthly increase in percent complete of 0.94%.

I have doubts of achieving this goal under current circumstances. Inflated stock prices are a contributor hurting dividend reinvestment and have since reviewed my portfolio to turn off DRIP programs for approximately 25% of my holdings and instead will accumulate the cash and buy select stocks. I’ll give it 3 months to see if this rights the ship, if not I may have to consider increasing my monthly investments.

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Progress on my last goal of saving an additional $2,000 of emergency cash remained the same as last month with a balance of $650. I had too many little emergencies that popped up this month that overran my budget and the cash was reallocated to resolve those problems. This is the second goal I am in danger of not achieving and it is a little frustrating. Guess I need to dig a little deeper and toughen it out. - Comments: 2

New Buy ABBV (from Wed. 6/26) - 29 Jun 2019 12:44

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IRA Buy: AbbVie (ABBV)

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Purchase Price: $67.30/share
Increase in Forward Annual Div: $64
Inflation Beating Streak: 6 Years
Div Growth Streak: 6 Years
Yield: 6.36%
Most Recent Dividend Increase: 11.46% / Jan 2019 - Comments: 1

Weekly Portfolio Summary - 15 Jun 2019 19:08

Tags:

Portfolio Activity

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Portfolio News - (In Case You Missed These Headlines)

Preferred Apartment Communities (APTS)

Garmin (GRMN)

Iron Mountain (IRM)

3M (MMM)

Merck (MRK)

Phillips 66 (PSX)

AT&T (T)

T. Rowe Price (TROW)

W.P. Carey (WPC)

Interesting Blog Posts or Articles

Blog Posts
Leaderboard: Monthly Dividend Income From The Blogging Community by Dividend Driven
Stockboard: What Stocks The Blogging Community Are Buying This Week by Dividend Driven
Personal Finance Advice That Needs To Die by Ben Le Fort
Financial Security for Everyone by Retire Before Dad

Articles
Lawn Care is Absurdly Expensive
How a Big Emergency Fund Can Lower Your Insurance Bill - Comments: 0

Weekly Portfolio Summary - 08 Jun 2019 12:30

Tags:

Portfolio Activity

weekly_304.png

Portfolio News - (In Case You Missed These Headlines)

Cummins (CMI)

Camden Property Trust (CPT)

Fastenal (FAST)

Hospitality Properties Trust (HPT)

Kraft-Heinz (KHC)

Medical Properties Trust (MPW)

Merck (MRK)

3M (MMM)

VEREIT (VER)

W.P. Carey (WPC)

Interesting Blog Posts or Articles

Blog Posts
Leaderboard: Monthly Dividend Income From The Blogging Community by Dividend Driven
Stockboard: What Stocks The Blogging Community Are Buying This Week by Dividend Driven
The things we DON’T teach about money in school (but really should!) By Debt Free Family
Emergency Fund Examples: 23 (Unexpected) Reasons Why You Need One

Articles
Financial Goals and the Arrival Fallacy - Comments: 0

New Buy CLDT - 06 Jun 2019 21:31

Tags:

Roth IRA Buy: Chatham Lodging Trust (CLDT)

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Purchase Price: $18.76/share
Increase in Forward Annual Div: $70
Inflation Beating Streak: 0 Years
Div Growth Streak: 0 Years
Yield: 7.04%

I realize Chatham Lodging (CLDT) is not a dividend growth stock but my REIT diversification was getting extremely light on Hotel REITs so I took advantage of a price drop and scooped up a small position with a 7% yield.

For those curious about my REIT diversification here are the different REIT sectors I try to maintain an even spread with:

  • Data Storage
  • Entertainment Facilities
  • Hospitals
  • Hotels
  • Industrial Facilities
  • Residential Apartments
  • Retail Stores
  • Senior Housing
  • Timber
  • Warehouses - Comments: 0

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