May 2013 Dividends Received
- Apple, Inc. (AAPL) – $27.45
- Bristol-Myers Squibb Co. (BMY) – $23.85
- Kinder Morgan Inc (KMI) – $38.00
Total dividends received during the month of May: $89.30
This is 97.8% improvement upon the $45.14 in dividends I received in May 2012. However, this is difficult to directly compare since only BMY was owned in May 2012 and the other stocks are new. I am up to $240.83 for the year so far. June should be a great month, as 7 of my 10 stocks pay out in the June quarter. I’m 24% toward my $1,000 annual dividend goal for 2013.
Full Disclosure: Long AAPL, BMY, KMI
With the combination of my brokerage and Roth IRA hitting $30,000, I decided to slightly modify my portfolio allocation from mostly ETFs to mostly stocks with a few ETFs. I sold large portions of SCHV, SCHA, SCHC, and SCHD in order to have the capital to invest directly in individual stocks. I then picked an assortment of stocks that I feel were at a reasonable entry price, had an adequate yield (around 3% or greater), and good history/ projection of continued dividend and earnings per share increases. As I’m only 29 (soon to be 30 in July), I’m not super concerned with entry price…I’ll be contributing to this portfolio for many years to come and am more interested in dividend growth.
With the adjusts in my portfolio below, my overall portfolio dividend yield will have increased from around 2.5% to 3.1%, increasing my expected annual dividend amount from $750 to $938 (at the current portfolio value of $30,000). With regular purchases throughout the remainder of 2013, I should be able to easily raise the annual dividend amount past my goal of $1,000 for the year 2013. I have decided to allow the dividends to be automatically reinvested. I know that this might force purchases of “overvalued” equity but feel that in the long-term, the dollar-cost averaging will work out okay.
I’ll also try and be more diligent with updating the blog to reflect new purchases and monthly dividends.
My current portfolio can be viewed here.
Here’s the recent purchases below:
||Expected Annual Dividend
Disclosure: Long AAPL, AFL, AVA, CVX, HRS, KMI
Here’s my dividend report for calendar year 2012. This is the second annual dividend report. For a detailed breakdown of the 2011/2012 dividends, please visit: Dividend Income.
It has been exciting to see the growth of the dividend payments both as a result of the underlying companies increasing the payouts as well as my addition of new capital. Unfortunately, due to unforeseen circumstances, I was not able to invest as much in the last few months of the year as I would have liked.
Total 2012 Dividends
$649.30 or $54.11/month
Dividend Growth Year-Over-Year: 71.26%
This will hopefully get more exciting as time goes on, but here’s my first annual dividend report for calendar year 2011. December is substantially higher because my International Small-cap equity ETF (SCHC) pays annually. For a detailed breakdown of the 2011 dividends please visit: Dividend Income.
Total 2011 Dividends
$379.14 or $31.60/month
Dividend Growth Year-Over-Year: NA