Scottrade FRIP Purchases – April 2016

I have been making Scottrade FRIP purchases at the beginning of each quarter for a few quarters now. My last quarter purchases was little over $550.00. This quarter, my purchases ended up being higher at $677.08. The following are the FRIP purchases I made on 4/4/2016.

Scottrade FRIP Purchases – July 2015

My last FRIP purchases were in March 2015 and I had mentioned that I plan to do quarterly FRIP purchases going forward. My last quarter purchases totaled close to $620.00. This quarter, my purchases ended up being little over $660.00. The following are the FRIP purchases I made on 7/1/2015.

Goals update – March 2015

I like to review the progress at least once a month to determine where I am with respect to meeting/achieving my goals.

These are the goals for 2015:

• Invest at least $35,000
  • New investments in March amounted to $5,130.45. After a slow start to the year in January and February, I made up some lost ground in March through these purchases.
    • Weekly sharebuilder purchases amounted to $1,500
    • Added to my Philip Morris (PM) position earlier in the month.
    • Added to my PM, BP and F positions though Scottrade FRIP purchases.
    • Initiated new position in National-Oilwell Varco, Inc (NOV)
  • Total investments in 2015 so far equals $7,530.45 which amounts to about 21.51% of my goal. While March helped me catch up, I am still behind on the goal. With 25% of the year gone by, I have only achieved 21.51% of my goal. Hoping to be caught up by April.
• Receive at least $2,500 in dividends
  • I received $261.00 in dividends in March. So far I have received $597.27 in dividends this year. This represents 23.89% of my annual goal.
  • Additional investments through the rest of the year and dividend increases will help me achieve this goal.
• Achieve at least $3,200 in projected annual dividends
  • My projected annual dividends stand at $$2,569.29 at the end of March. That’s an increase of over $225 in a single month. This is definitely a nice improvement due to the new investments. Need to keep pace at the new investments to achieve this goal.
• DO NOT have a portfolio of more than 45 stocks/ETFs
  • Currently hold 40 stocks/ETFs. I initiated one new position in National-Oilwell Varco, Inc (NOV) in March.

The goals page will be updated to reflect the progress.

Scottrade FRIP Purchases – March 2015

A while back I had posted about DRIP vs FRIP and why I participate in the FRIP program in Scottrade. I started participating in FRIP early last year and my dividends have been accumulating in FRIP for all my 3 Scottrade accounts. My first set of FRIP purchases were in early December and I purchased PG, PM and BP. I invested close to $1,150 across these 3 stocks without paying any commission. I had also mentioned that I will be making FRIP purchases about twice a year.

But when I checked my FRIP balance early last week, it was little over $600 across my three accounts. So I decided to make my next set of FRIP purchases on Friday last week (3/6/2015). The following are the FRIP purchases I made on 3/6/2015.