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Thursday, August 2, 2018

July Dividends

July has traditionally been a slow month for me and this year is no different. That monthly O dividend has made every month a little better. That said I love the three companies I received dividends from this month. This July I received $7.07 in dividends. This nearly doubled last year's total of $4.15. The majority of this is due to my increased stake in O.  Below is the breakdown.

DIS $1.68
O     $3.74
TIF  $1.65



Disclaimer

Material presented on 'Dividend Seedling' is for informational and entertainment purposes only and is the opinion of the author (a social studies teacher and not a financial advisor). None of the information should be relied on or taken as investing advice or a recommendation to invest. None of the information or opinions expressed, constitutes a solicitation of the purchase or sale of any security or investment of any kind. Please do your own research before making any investments. Do not making any purchases unless you are prepared to lose your entire investment.

Additional Disclosure I long everything.

Long DIS, O, and TIF

Monday, July 30, 2018

Recent Buy T

I haven't been able to post in a while because I've been in the process of moving. But last week I grabbed a single share of T for $30.50. Nothing detailed here just a chance to lower the cost basis a little bit.

Thursday, July 19, 2018

Recent Buy DAL

Today I made a small purchase of 4 shares of Delta at a cost of 212.52 or $53.13 per share. In terms of value I believe I did okay. Morgan Stanley has a price target of $64 a share. It is a 4 star Morningstar stock that is down 3 percent in the last year. The yield is a respectable 2.68. Delta has 4 consecutive years of Dividend growth.

What drove this purchase was the dividend growth potential. Delta has a strong brand and is more than just an airline. It is also a refinery. Over the past three years Delta has averaged dividend growth of more than 50 percent. With a 25.1 percent payout ratio and a P/E ratio of 10.82  there is a lot of room for continued growth. With any airline there is always concern about rising fuel costs and an aging fleet but that wasn't enough to keep me away.

Disclaimer

Material presented on 'Dividend Seedling' is for informational and entertainment purposes only and is the opinion of the author (a social studies teacher and not a financial advisor). None of the information should be relied on or taken as investing advice or a recommendation to invest. None of the information or opinions expressed, constitutes a solicitation of the purchase or sale of any security or investment of any kind. Please do your own research before making any investments. Do not making any purchases unless you are prepared to lose your entire investment.

Additional Disclosure I long everything.

Long DAL

Monday, July 2, 2018

Midyear Goal Review

Goals and milestones are very important part of any personal finance bloggers life. It's our motivation, discipline, and the purpose behind the investments. Midway through the year is an excellent time to check on the progress of goals. I'm excited to say on well on my way to making most of them.

1. The biggest goal of 2018 was home ownership --  On July 12th my wife and I are set to close on our first house. What has been holding us back has been really two things. My wife and I were both in the process of transitioning to new jobs in the first half of 2017 and we didn't want to limit our search by buying a home. The second issue was we wanted to save for a down payment. Overall our decision I believe was responsible. We both have relatively stable jobs, we didn't max out what we could get approved for. We did pay a bit of a premium in terms of the area we chose. But it gives us great public schools for our soon to be kindergartener and younger daughter and a reasonable commute for both my wife and I. It also moves us closer to my in-laws who provide us with support in terms of help with the children.

What I don't like is that we didn't save enough to avoid PMI, and while we are definitely not buying above our means, we aren't living below our means either. Especially not with one in childcare and one in aftercare. This will not prevent me from saving. But it may slightly slow the increase in savings. Overall I do think this is the right move for the family.

2. $8,000 Portfolio -- I'm proud that I was able to secure a mortgage without blowing up my DGI portfolio. This was a huge win. I have a savings plan and was able to purchase a home without dipping into what I've saved or preventing me from adding to it. I had told myself this wouldn't happen and it didn't so that is a win. With a current portfolio of $7,559 plus another $200 in cash in my Robinhood account, I'm well on my way to make this goal. That said it was a conservative goal to begin with. I'm hoping for a more aggressive savings goal next year.

3. Earn $250 in dividends -- With 124.05 saved in the first half of the year and more forward dividends ahead I'm well on track to meet this goal.

4. At least one holding of $1,000 -- It's not that I'm opposed to diversifying. I plan to. But in the past I had jumped on every stock on my watchlist as soon I had enough for a share or two. I can do this at no cost because I use Robinhood.  But I didn't I was making the smartest purchases all the time. So I put goals like this one in to keep me disciplined. I may achieve this goal my O holding is already at $914. However, it's okay if I don't. I think I've accomplished the larger goal of strengthening some of my existing positions.

Overall -- I'm satisfied with my progress. I would give myself a B- for this midterm if I had to grade myself. I spent slightly more than I should for this new home. Though I do think we can afford it and will grow into the payments more in the near future. I also think goal too is modest. Finally I'm not fully funding my Roth IRA account yet. But I am making progress there. I'm currently depositing 380 per month there. I'm hoping to full fund it within the next two years.

Disclaimer

Material presented on 'Dividend Seedling' is for informational and entertainment purposes only and is the opinion of the author (a social studies teacher and not a financial advisor). None of the information should be relied on or taken as investing advice or a recommendation to invest. None of the information or opinions expressed, constitutes a solicitation of the purchase or sale of any security or investment of any kind. Please do your own research before making any investments. Do not making any purchases unless you are prepared to lose your entire investment.

Disclosure: Long O

Additional Disclosure I long everything.


Saturday, June 30, 2018

June Dividends

It's a new record! For the second time ever I cracked the $30 mark. 16 companies paid me a total of $33.96 in dividends. Quarter months can be so exciting. Last year this time I earned $23.93 so the progress is apparent. It's a 41.9 percent year over year growth. I will take it.


WFC           $0.78
 HBI            $1.50
 UL              $0.96
 DFS            $1.75
ADM           $0.34
AMGN        $1.32
TGT            $6.20
EMR           $2.43
JNJ              $0.90
CMP            $3.60
O                 $3.73
DUK           $3.56
FLO            $1.80
GM             $1.14
PEP             $3.71
BAC            $0.24

Thursday, June 28, 2018

Recent Buy SBUX

I love capitalizing on short term bad news. Moody's recently downgraded Starbucks credit rating. A recent survey showed a decline in light coffer users during the afternoon. This is a concern. But they still have 4.5 times as many stores as next closest rival.  Starbucks remains the brand with the most loyal customer base. It has a clear niche that I don't believe is going away anytime soon. Neither does Morning Star which gives it a four star rating and a fair value of $64 per share.

Today I grabbed 6 shares of Starbucks  for $289.98 or $48.33 per share. This brought down my cost basis down to 50.15 per share. What I got was a 2.98 percent yield with 7 years of dividend growth and a 60 percent payout ratio. Morning Star has SBUX with a 4 star rating with a fair value of $64 per share. SBUX also has a P/E ratio of 15.38 as well. As a dividend growth investor what is more music to my ears is the 20 percent dividend growth. The average dividend growth of 24 percent over the last 5 years. To get this at some value, I'll take it.






Disclaimer
Material presented on 'Dividend Seedling' is for informational and entertainment purposes only and is the opinion of the author (a social studies teacher and not a financial advisor). None of the information should be relied on or taken as investing advice or a recommendation to invest. None of the information or opinions expressed, constitutes a solicitation of the purchase or sale of any security or investment of any kind. Please do your own research before making any investments. Do not making any purchases unless you are prepared to lose your entire investment.

Disclosure Long SBUX

Additional Disclosure I long everything.

Sunday, June 10, 2018

5 Things I learned about blogging from dividends.

1. It's a great way to connect with strangers about finances: This may seem funny but it's true. For some reason people you know will talk about every detail of their private family life, but they keep their finances a secret. I understand this. I really don't want people I know to have too much information about my networth. It's nice to be able to connect with like minded individuals and just talk money.

2. Take everything you hear with a grain of salt: Everyone has there own process for choosing their investments often time, they conflict with each other. What's right for one person's circumstances isn't right for everyone.  In some instances people are looking for a certain number of clicks. Be careful of that they may be posting quantity over quality. A good tell is if they are suggesting a particular stock is a great buy, but then don't invest in that stock themselves.

3. Writing it down keeps you grounded: One of the biggest aids to me has been the written aspect of this. The routine of writing and documenting my investments, helps me to stick with my strategy. It's also nice to be able to regularly check in with where I am versus what my goals are.

4. Goals are important: I heard a saying once that a goal unwritten is just a wish. I couldn't agree more. Because I have certain short and long range goals, I find money where I wouldn't normally. I'm constantly trying to build to get there.

5. The competition is only with yourself: I love looking at people with 60 percent savings rates with a goal of retiring in the next 5 years. They are truly inspiring.  It doesn't fit my desired life style or career goals. However, their are certain habits exhibited by the super savers that benefit me. I love taking a portion of what they do and incorporate into my savings plan. Frugality does matter, but I do it to my comfort level.  

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July Dividends

July has traditionally been a slow month for me and this year is no different. That monthly O dividend has made every month a little better....