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Dividend Updates

Dividend Update – September 2017

September 2017 Passive Income and Third Quarter Dividend ResultsSeptember came and went way too fast. Seem like this year is just flying by. Fall is in full swing and the weather shows it. I am a fan, even though I prefer the warmth of summer time since the season is so short. But we aren’t here to talk about the weather. It’s a quarter ending month! We all know what that means. Big dividends being paid out and big growth numbers all around! These are the kinds of months are what dividend growth investors live for. We can use them to really test the limits of our portfolios and push to surpass our previous records or milestones. I was able to break at least one milestone in September. Let’s see how the month broke down for dividends.


 

 

Dividends

    COP– $9.06

    CVX– $46.57

    TGT – $27.97

    ED – $9.13

    O – $3.41

    LTC – $3.24

 

September dividends, add up to $99.38 which represents an 88.6% increase from last year where I made $52.70. Here are some charts to show comparison and progress but you can always see the full dividend income breakdown here.

 

Septermber 2017 Month Dividends

 

March 2017 still holds the monthly dividend record, because of HCP moving their dividend back one month. And March still holds the record for being the only month I broke the $100 mark in a single month. I was pennies off this month! Almost triple digits, which means I should get this by December. So how did I achieve an almost 90% increase of dividends since last year?

 

I always like to mention first, the power of dividend growth and compounding dividends and DRIPs. Next, I have made a few new additions to the portfolio since then. You can read a few of them from Q2 post. Another position I have initiated since then is LTC, another monthly dividend paying REIT. This and O both only pay me a few dollars a month, but the compounding will add up over time.

 

 

September 2017 Year Dividends

 

This month has been great for me as far as dividends go. Not only did I almost hit the triple digit mark in a single month, I finally surpassed my 2016 dividend total! The year is almost over, but there is still a quarter left to make up some ground to hit my yearly goals. And any other dividends I collect this year will just keep adding to my yearly total to increase this record. Let’s take a second to look at my quarter comparisons as well.

 

Quarter Updates

    2016 Q3 Dividends: $138.83

    2017 Q3 Dividends: $221.35

    YoY% Gain: 59.4%

 

I don’t usually keep track of quarter gains but it is just another way of analyzing the data. After last quarter, I set out to make the goal of collecting $200 in a quarter. I was able to achieve that milestone. But again, the year is not done. Still need to push myself to see what my portfolio can do. My new goal is to see $250 in dividends for Q4 with December hitting over $100 by itself. Can’t wait until I see these kind of numbers consistently and monthly.

 

How did your portfolio perform in September? Did anyone break any records or post huge gains? Are you on pace for your goals? What are you still trying to accomplish by year end? Your comments are welcome below.

 

33 Comments

    1. Haha it’s a win for both of us as long as their is growth in both portfolios. We have lots of quarters left for you to pass me up. Thanks for the comment!

  1. Amazing growth YoY, DD! I am sure that it will not take long until you exceed $100 every month (not only the last month of the quarter)!
    I am still at the beginning of my journey and the steps are very small compared to yours but it’s better than nothing 🙂
    -BI

    1. I am looking forward to that point. Will be nice. Slow and steady wins the race as long as we are still making good growth and are continuing to make more buys. Thanks for stopping by and commenting!

    1. I am very happy with these growth numbers. Wish I can continue to keep this rate up. Will be a little difficult going forward because I haven’t been able to add much new capital into the portfolio lately. Guess we will see. Either way I still have compounding dividends working for me 24/7!

    1. Thanks! Goals are the only way to keep pushing forward. I think that goal is very reasonable by the end of the year. It is crunch time now going into the last quarter. Good luck to you as well in Q4!

    1. Thanks for the comment! Almost there and hope to hit that mark soon, especially if this growth keeps up. It’s game time now in Q4! Lets go!

    1. I agree, quarter analysis are sometimes beneficial. Although sometimes the values may be off just like month to month if a company moves their dividend. But by opening up the sample, it does give you a slightly better range of growth. I have been debating showing quarter over quarter growth and not just from the prior year. Still haven’t decided yet if I am going to implement it or not. As always, thanks for the comment. Q4 is going to be big for the both of us!

    1. Thank you for your input ED! Can’t wait till triple digits consistently. I think the QoQ brings a nice added metric to the growth analysis. Hopefully I can continue that for future updates. Thanks for stopping by.

  2. Very nice DD, keep up the good work 🙂

    BTW, I have a question for you regarding DRIP. How do you keep track of cost basis for DRIP’ed shares?

    Reason I’m asking this is because I’ve noticed my broker ‘Fidelity’ does not show cost basis for DRIP’ed shares. So, it’s kind’a hard to see total position cost basis using brokerage tool. Thankfully, it’s my retirement account, so for tax purposes I don’t have to worry about tracking cost basis.

    Still I’m wondering how cost basis reporting works for DRIP’ed shares in a taxable account. How do you track cost basis for every single or a fractional share?

    Thanks,
    Mr. ATM
    Mr. ATM recently posted…My Magic Heat Map Says: IBM Shares Ripe For BuyingMy Profile

    1. I also use Fidelity for my broker. I am fairly positive they factor in DRIP shares into the cost basis. If you go into the positions tab, the last column is cost basis. If you actually click on an individual stock and drill down into the purchase details it lists all the purchases (DRIP shares included), dates, what the cost was at the time, and it averages them all together to give you an over all average or cost basis of that stock. I’m sure there is a test we could run to plot them all in excel and do a statistical analysis on them to get the answer, but doesn’t seem necessary. Hope that helps at all.

        1. OK i see a trend here. Looks like it has to do with the stocks being in a retirement account. My taxable account has all cost basis filled in on every stock. While my retirement account from a past job also shows all zeros. I find that peculiar that Fidelity doesn’t show cost basis for those types of accounts.

  3. Nice job! It’s great to see the progress, and I’d say you should enjoy the massive percentage increases as this is the easiest they’ll ever be (ie try making an 88% dividend increase when you have $10,000,000 invested!)

    I receive dividends in September as well (quarterly and half yearly, no monthly dividends for me!). The dividend payment was 16% higher than September last year on a per unit basis, which was great (ie 10 shares paying $1 last year, same 10 shares paying $1.16 this year, etc).
    Damian recently posted…I Remember – #732My Profile

    1. You are right. Love seeing bigger growth numbers when the portfolio is smaller. But I would rather have small growth and bigger numbers instead. Just takes time to build up is all.

      Sounds like you had a great month too. Love dividend growth to increase the growth numbers over time. Thanks for the comment!

    1. Thanks Graham! I am very happy with this month/ quarter. I like to track a few different metrics to get a full concept on the growth. I want to take it a step further but still trying to work out the visualizations/ charts. I like the new addition of the Feedspot medal. That was an unexpected surprise for sure. We are both gunning for Q4 records this year. Best of luck to you as well going into the year end months!

    1. Thanks Bert! I appreciate the comment and encouragement. This has been a great year so far for my portfolio. Hope to finish out the year strong. Next year probably won’t be huge with gains, but any increase is a good one. Slow and steady is all I can hope for long term.

    1. I am pretty ecstatic how my portfolio has been performing this year. Getting really close to my goals. It will be very close come year end. Hope I can keep these numbers up. Thanks for stopping by and commenting!

    1. Quarter ending months are the greatest. So many gains. Still got one more to go this year as well. Looking forward it. Thanks for the comment!

    1. Thanks DH. Love seeing these growth numbers and reporting on quarter ending months. You have been posting some big growth numbers yourself. As always, I appreciate the comments.

    1. I have no doubt in my mind that I will hit the 100 mark by December. Especially with my last purchase that I haven’t seen pay out yet. I got lucky with my CVX position. Bought a lot in 2015 when oil was at a low and the market was down. It has rebounded and paid out nicely since then. But CVX is my biggest position right now so I am working to diversify and buy new positions. Thanks for stopping by and commenting!

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