Dividend summary – April 2016

Looking at dividends received though the month and summarizing the numbers at the end of the month is such a great feeling because dividends represent real tangible income. So let’s take a look at the dividends received in April 2016.

After hitting an all time high of $410+ in March 2016, I knew April was going to be lower. April 2016 turned out to be another great month with a total of $317.80, which was slightly higher than January 2016 numbers. Let’s dive into more details about the month’s dividends.

Continue reading

Dividend summary – March 2016

Looking at dividends received though the month and summarizing the numbers at the end of the month is such a great feeling because dividends represent real tangible income.

The 3rd month of the quarter is typically the best month for me. So naturally, I was looking forward for March dividends, but with low expectations due to the recent dividend cuts. But it ended up being a great month and an all time high surpassing the $400 mark. Let’s take a look at the dividends received in March 2016.

Continue reading

Another dividend bites the dust – BBL

BBL just announced their dividend cut. Like I mentioned earlier, this was expected and with the volatility in the entire energy/commodities sector. This dividend cut follows KMI and COP since December. BBL announced a 75% dividend cut (from semi-annual dividend of $1.24/share to $0.32/share). I own 52.2051 shares in BBL and this reduces my projected annual dividends by $96.05. 

My projected annual dividends has dropped close to $300 from the three dividend cuts. The goal for the year is already in jeopardy.

I hold so many stocks in this sector – CVX, BP, NOV and XOM. 3 down and 4 more to go 😦

My new projected annual dividends stands at $3,206.05 now. I am obviously going backwards towards this goal.

Dividend summary – January 2016

Looking at dividends received though the month and summarizing the numbers at the end of the month is such a great feeling because dividends represent real tangible income. Starting this blog and documenting my progress has been really a great factor to keep me focused on investing regularly and aggressively. So let’s take a look at the dividends received in January 2016.

After hitting an all time high of $350+ in December 2015, I knew January was going to be lower, but was keen as always to look at the numbers for the month. January 2016 turned out to be another great month with a total of $308.43. This is also the first time that I have crossed the $300 barrier in the 1st month of the quarter. Let’s dive into more details about the month’s dividends.

Continue reading

Dividend Cut – COP

After KMI’s dividend cut couple of months ago, another one bites the dust. COP announced the dividend cut this week. I have been expecting dividend cuts in this sector as I mentioned earlier when I set my goals for the year. COP announced a 66.2% dividend cut (from quarterly dividend of $0.74/share to $0.25/share). I own 50 shares in COP and this reduces my projected annual dividends by $98.00. This is a bigger dent compared to dent of ~85+ with KMI. Ouch.

I hold so many stocks in this sector – CVX, BBL, BP, NOV and BBL. Need to wait and see what happens.

My new projected annual dividends stands at $$3,232.41 now.

Dividend summary – December 2015

Looking at dividends received though the month and summarizing the numbers at the end of the month is such a great feeling because dividends represent real tangible income. Let’s take a look at the dividends received in December 2015.

The previous quarter end month (September) was a record setting month with an all time high of over $350 and also crossing the $300 mark. I was looking forward to December’s dividends to see where I ended up, though I was not expecting to meet September’s levels due to BBL’s bi-annual dividend in September.

Continue reading

Dividend summary – November 2015

Looking at dividends received though the month and summarizing the numbers at the end of the month is such a great feeling because dividends represent real tangible income. Let’s take a look at the dividends received in November 2015.

After a record-setting month in September and October, I knew November was going to be a slow month. The second month of the quarter is typically the slowest month.  Continue reading

Dividend Cut – KMI

It is finally here… I was expecting this for a while now and it is finally here. KMI announced a 75% dividend cut yesterday (from quarterly dividend of $0.51/share to $0.125/share). It was a long time coming. I own 54 shares in KMI and this reduces my projected annual dividends by $83.16. Ouch.

Not sure what is going to happen with other related stocks that I hold – CVX, BBL, BP, COP, NOV and BBL. Of the above list, the yields of NOV and BBL are really high and unsustainable. Need to wait and see what happens.

My new projected annual dividends stands at $3,231.37 now.

Dividend summary – October 2015

Looking at dividends received though the month and summarizing the numbers at the end of the month is such a great feeling because dividends represent real tangible income. I started focusing on dividend investing early last year and therefore, this is going to be the first full year where I can see the benefits of investments from last year. Starting this blog and documenting my progress has been really a great factor to keep me focused on investing regularly and aggressively. So let’s take a look at the dividends received in October 2015.

After hitting an all time high of $350+ in September, I knew October would be lower, but was keen as always to look at the numbers for the month. October 2015 turned out to be another great month with a total of $289.10. Let’s dive into more details about the month’s dividends.

Continue reading