Meter Updates

January 2016 Dividend Meter Update

January 2016 Dividend Update

With the stock market surging upward nearly 2.5% on Friday, I thought to myself:  Whoa, wait, I was hoping to get more cash into the market ….  January, 2016 certainly was a volatile month for stocks. Despite Friday’s huge gains, there are still many excellent buying opportunities showing on my investment spreadsheet, and I hope to take advantage of them, commission free, over the next three months in my new TradeKing account. ()  However, let’s review January’s activity:

Dividend Meter Reading Up $137.12

Compared to December’s meter reading of $5,732.07, the current annual dividend income for my portfolio is $5,869.19.   January’s increase was mostly attributable to fully funding my 2016 Roth IRA contribution, purchasing 50 shares of Aflac (AFL) and 48 shares of Starbucks (SBUX) at the beginning of January. With additional non-IRA savings, I added five more shares of SBUX later in the month.

New Position Established

For a long time, I have wanted to purchase shares of Automatic Data Processing (ADP).  And January’s steep sell-off provided an ideal opportunity to establish an entry-level position in ADP.  I purchased six shares of ADP at $77.60 per share, also in the new account. At the time, I wish I had extra cash available to buy more shares – the stock is already back up to $83.09 a share as of Friday’s close.

Two New Stocks Added to the Spreadsheet

One of my goals for 2016 is to add five more stocks to my “watch list”, increasing my tracking spreadsheet from 25 companies to 30.  I made progress towards the goal by adding Cal-Maine Foods Inc. (CALM) and A.O. Smith Corp. (AOS) to the Dividend Meter spreadsheet.  Cal-Maine is a leading producer and distributor of eggs. CALM appears to pay irregular dividends, but longer-term, the overall dividend growth trend is positive.  A.O. Smith Corp. is primarily a manufacturer of water heaters and just announced a whopping 26% increase in its dividend. Be sure to check back soon, as I plan to share more specific research for each company during the month of February.




December 2015 and Year-End Dividend Meter Update

December 2015 Dividend Income

Today is New Year’s Eve, and it’s time for a final 2015 Dividend Meter update. The month of December was highlighted by the first ever dividend cut by a member of the Dividend Meter portfolio, Kinder Morgan (KMI).  The KMI dividend cut was significant enough to reduce the total Dividend Meter income value below November’s high water mark of $5,802.97.  However, despite Kinder Morgan’s dividend reduction and my subsequent immediate sale of KMI shares on December 8th, the damage to the Dividend Meter reading was mitigated by investing KMI’s sale proceeds into HCP, adjusting for an announced dividend increase from Pfizer (PFE), adding new savings, and putting accumulated cash dividends to work in shares of stock. Here’s a summary:

Stock Sale and New Watch List Addition

I sold 175 total shares of KMI from the Dividend Meter portfolio after the Company announced a 75% dividend cut. The stock sale reduced the annual Dividend Meter income reading by $357.00. I also removed Kinder Morgan completely from my spreadsheet watch list and news alert services, eliminating the stock from future re-investment consideration. Taking KMI’s place on my “watch list” is Dover Corporation (DOV).  Dover, a manufacturer of various equipment and parts for energy and food industries. is a current Dividend Aristocrat.

Three New Positions Added to the Dividend Meter Portfolio

My Dividend Meter investment spreadsheet tracks 25 companies, and currently I own shares in 18 of them after the addition of three stocks in December. With a combination of sale proceeds from KMI, accumulated cash dividends from existing positions, and new savings, the following new positions were established in December:

79 shares of HCP (HCP, Inc.)

20 shares of SBUX (Starbucks Corporation)

20 shares of OGE (OGE Energy Corporation)

Added Shares to Existing Position

Also in December, I added an additional 19 shares of Eaton (ETN) to an existing position with some winnings from a college fantasy football league and additional new savings. For the last few months, Eaton’s share price has drifted lower, trading at a level that has triggered my personal dividend yield buy signal on the stock.

Dividend Increases

Two Dividend Meter stocks announced dividend increases in December, Waste Management (WM) and Pfizer (PFE). My spreadsheet has automatically updated the imported new annual dividend figure for PFE, increasing the needle on the meter by $27.76 (a 7.1% dividend raise from PFE!). Waste Management’s announced dividend increase isn’t reflected yet in the automatic import – hopefully I’ll get to see the meter needle move higher in January for WM’s raise.

New Archive Page Added to Website

Above, you’ll see a new snippet of my dividend spreadsheet as of today, December 31st, 2015. With the conclusion of each year, I plan to update this blog’s top header image with a year-end screen capture of my own Dividend Meter spreadsheet. . I’ve also added a new page to the website to archive the header images.

Looking Forward to 2016

The temporary setback in total annual dividend income caused by KMI’s dividend cut in December should be brief. I’m looking forward to establishing a new high water mark for the Dividend Meter reading in January 2016 when I make my 2016 Roth IRA contribution.  Be sure to check back in early January when I will also summarize 2016 personal, investing, and website goals. For those celebrating the arrival of 2016 tonight, have a great time ringing in the New Year, and be safe.



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