Meter Updates

KMI Update: Moving On, Moving Down, Moving Up

Moving On

I am a dividend growth investor. (period)

Tonight, KMI, Kinder Morgan Inc. decided they were no longer a dividend growth stock by announcing a 75% dividend cut.  I sold the stock.  Time to move on….

KMI Back Stabs Dividend Growth Investors

Moving Down

Prior to the stock sale, I owned 175 shares of KMI, which provided $357.00 in annual dividend income for the Dividend Meter.  Compared to November’s Update of $5,802.97, removing Kinder Morgan completely from the portfolio drops the Dividend Meter reading to $5,445.97:

Dividends after selling KMI

Moving Up

However, now the good news!  So far, in December, I’ve purchased 20 shares of Starbucks (SBUX) with new savings in my taxable account, 20 shares of OGE Energy Corporation (OGE) with accumulated dividends in an IRA Rollover account, and 19 shares of HCP Inc. (HCP) in a different IRA Rollover account with accumulated dividends.  Also, while I took a big capital loss on KMI, I didn’t sell it for zero.  After selling 150 shares in an IRA Rollover for $14.75, I have about $2,200.00 to invest in something else – I will likely add another 60 shares of HCP.   The other 25 shares of KMI that I owned were sold in a taxable account and the proceeds will sit in cash until I can add additional new savings to make a larger purchase of stock.  So the current Dividend Meter reading is $5,662.51:

Dividends After New Stock Buys



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November 2015 Dividend Meter Update

November 2015 Dividend Update

Happy Thanksgiving week everyone!  As of November 23th, 2015, the current Dividend Meter reading is $5,802.97.  The increase from October’s dividend figure is attributable entirely to a purchase of 20 shares of HSY (The Hershey Company).   On November 13th, I purchased additional shares of HSY at $85.21 per share in my taxable brokerage account with cash from an annual sales bonus that I receive from my employer each November – an appropriate month to be thankful for my job and the income it provides to support my family and then some.  The rest of the sales bonus has been set aside to fund my 2016 Roth IRA contribution in January.

November is a busy month for receiving dividend payments from my current stock positions.  So far in November, I have received dividend payments from GIS (General Mills), AAPL (Apple), KMI (Kinder Morgan), DFS (Discover Financial), and ETN (Eaton).   On November 30th, I expect to receive additional dividend payments from AFL (Aflac), AWR (American States Water Company), PFE (Pfizer), and COP (ConocoPhillips).  I’m saving these dividends in the cash portion of my brokerage accounts for now, but will probably use the accumulated dividends in December to purchase a stock that is flashing a buy signal on my spreadsheet.  Below is a picture of my current spreadsheet.  A few of my “watch list” stocks near the bottom of the sheet are flashing buy signals – it’s likely I’ll establish a new position in December!  To all visitors and readers – have a wonderful Thanksgiving, and may your week be filled with gratefulness, joy, and peace in the company of loved ones.

 

November 2015 Dividend Spreadsheet

 

 

October 2015 Dividend Meter Update

October 2015 Meter Reading

At the end of October, 2015, the Dividend Meter reading is $5,756.37.  This Meter Update is the first in what will be a regular month-end blog post, and will include the months of September and October, as I’d like to summarize all the activity that took place since I first started this blog.  The header screenshot, which reflects a meter reading of $5,649.85, was taken shortly after September 3rd, 2015:

October 2015 Spreadsheet

In both September and October, I managed to save about $1,000.00 of my income each month to make new purchases, buying 100 shares of DAKT (Daktronics) and 23 shares of ETN (Eaton).   Also, dividends that were paid since early September included AVY (Avery Dennison), WM (Waste Management), and DAKT (Daktronics).   I choose to not automatically reinvest dividends in my brokerage accounts, but rather let them accumulate in cash and purchase shares in a stock that is flashing a Buy signal when I’ve accrued enough cash to justify a commission expense.  (As I reminder, the green Buy cells shown above are my own personal indicators and should not be construed as professional investment recommendations.)

During October, two of my positions, KMI (Kinder Morgan) and AFL (Aflac) announced dividend increases. For your own dividend spreadsheet, I suggest adding conditional formatting to the dividend column, so that when the Google sheet is refreshed, you’ll clearly see which stocks have increased their dividends.   In my spreadsheet, I keep a transaction journal on the far right-hand side of the sheet, so being able to identify which companies changed their dividend payout is extremely helpful.   After the dividend increase, I’ll update the journal and change the conditional formatting value in the cell to the new dollar amount to remove the green shading.