Dividend Income Update April 2016

Written by MrStockFox. Posted in Dividends

Dividend Income

With April now complete its time to update my Dividend Income and Trades for the month.  As you will see below, I moved around a lot of funds this month.  Selling companies off and buying new positions with covered calls to increase my income.  

For the first quarter of 2016 I had many positions that cut their dividends, from NOV, KMI, and COP.  I felt I was going nowhere as my dividend income basically remained unchanged for the first 3 months, but in April I took a giant leap forward thanks to the takeover of Reservoir Minerals.  This is a small mineral explorer that I purchased for the first time around 4 years ago.  Thanks to the takeover news by Nevsun, my original position is now up over 1400%. Nevsun is a great company that pays almost 5% in dividends, so I plan on holding all my shares for the foreseeable future.  With this position now within my dividend portfolio, it will increase my portfolio value by over $20,000.

On to my income....

My monthly income was 48% higher than the same period a year ago.  I took in $243.11 for the month of April.  My portfolio value increased from $130,560 to $189,472.  Part of this increase was because of the above news but the rest was just an overall increase in value of the portfolio.

If you wish to view any of my past monthly updates you can find them here.

Current Stats
  • 12 Month Income = $4634
  • Total 12 Month Future Dividends = $7175

dividends

Key:

  • Dividend Income
  • Account Value
  • 8 Month Moving Average

Monthly Capital Contribution

Below you can view the total contributions made to my Dividend Portfolio since inception along with the 12 month total.  Currently my 12 month capital contribution total is coming in at $52,410.  Going forward I would like to contribute at least $50,000 a year to my dividend portfolio.  Even though this month shows a next to nothing deposit of funds, this is really not the case.  I have been moving funds around between accounts and next month should see an substantly increase that will offset this months lower than normal amount.

dividends

 

Portfolio Weighting

dividends

Purchases

Below are all of my purchases for the month of April 2016.  This month I was very busy.

  • 16 shares of DE
  • 13 shares of ABBV
  • 21 shares of RDS/b
  • 10950 shares of IVPAF
  • 58 shares of WFC
  • 100 shares of QCOM
  • 7 shares of CMG
  • 3000 shares of INPCF
  • 100 shares of MSFT
  • 103 shares of OHI
  • 85 shares of WFM
  • 23 shares of BSM
  • 6 shares of OAK
  • 100 shares of CSCO
  • 44 shares of FLO
  • 30 shares of PFE
  • 27 shares of SPOXF

Options

  • sold 3 NGD August 19, 2016 $5 Call
  • sold 1 WFM May 27, 2016 $32 Call
  • sold 1 CSCO June 17, 2016 $28 Call
  • sold 11 PVG September 16, 2016 $8 Call

If you wish to view any of my past monthly updates you can find them here.

Thanks for reading.

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Updated...Dividend Increases - 4-26-16

Written by MrStockFox. Posted in Dividends

International Business Machines Corporation (IBM) declares $1.40/share quarterly dividend, 7.7% increase from prior dividend of $1.30. Forward yield 3.77%. I own 53 shares and will now receive $296.80 a year in dividends.

Wells Fargo (WFC) declares $0.38/share quarterly dividend, 1.3% increase from prior dividend of $0.375. Forward yield 2.99%. I own 72 shares and will now receive $109.44 a year in dividends.

Apple (AAPL) declares $0.57/share quarterly dividend, 9.6% increase from prior dividend of $0.52. Forward yield 2.18%. I own 3 shares and will now receive $6.84 a year in dividends.

United Technologies Corp (UTX) declares $0.66/share quarterly dividend, 3.1% increase from prior dividend of $0.64. Forward yield 2.51%. I own 3 shares and will now receive $7.92 a year in dividends.

Updated on 5-1-16

Gilead Sciences (GILD) declares $0.47/share quarterly dividend, 9.3% increase from prior dividend of $0.43. Forward yield 1.94%. I own 26 shares and will now receive $48.88 a year in dividends.

Johnson & Johnson (JNJ) declares $0.80/share quarterly dividend, 6.7% increase from prior dividend of $0.75. Forward yield 2.85%.  I own 5 shares and will now receive $16 a year in dividends.

Sunoco Logistics Partners (SXL) declares $0.489/share quarterly dividend, 2.1% increase from prior dividend of $0.479. Forward yield 6.92%.  I own 21 shares and will now receive $40.24 a year in dividends.

Exxon Mobil Corp (XOM) declares $0.75/share quarterly dividend, 2.7% increase from prior dividend of $0.73. Forward yield 3.4%.  I own 37 shares and will now receive $111 a year in dividends.

W.W. Grainger (GWW) declares $1.22/share quarterly dividend, 4.3% increase from prior dividend of $1.17. Forward yield 2.06%

Public Storage (PSA) declares $1.80/share quarterly dividend, 5.9% increase from prior dividend of $1.70. Forward yield 2.8% 

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Nevsun Resources and Reservoir Minerals Combine

Written by MrStockFox. Posted in Trade Ideas

Yesterday I received some positive news.  One of my largest positions in the mining sector received a takeover offer from Nevson Resources.  You can read about the news here:

http://finance.yahoo.com/news/nevsun-resources-reservoir-minerals-combine-014000695.html

What I like about this company is that they are one of the few mining companies in the world that thas not cut their dividend.  Currently the company pays out .16 per share with an almost 5% yield.  Once my shares in Reservoir Minerals have been exchanged for Nevson I will now hold 5888 shares in the new company increasing my annual dividends by $942.08.  This will also increase the Market Value of my dividend portfolio by almost $20,000.

Once this downtrend is broken to the upside we should see a retest of the old highs.

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Healthcare REITS - Take Your Time

Written by MrStockFox. Posted in Trade Ideas

One sector that I am really wanting to add back to is the Healthcare REIT sector.  Most of the companies have been consistently raising dividends 3-8% and have yields from 4.5%-7%.  As you can see in the chart above, the MoneyFlow has continued down on the recent rise in price. A clear sign that its distribution and not accumulation.  An example of something very similar happened back in Feb, 2016. At the very least VTR should hit the lower 58 level although I expect something more like 55-57.  Also note that the moving averages are starting to point down and its just a matter of time before they give a negative cross.

Companies I am looking to add to: VTR, HCN, OHI and possibly HCP

My advice, is to be patient and wait for a further correction.  One could also wait for a postive cross of the moving averages which is probably 3-6 weeks away.

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Weekly Purchases - 4/24/16

Written by MrStockFox. Posted in Weekly Update

Over the last several weeks I have been making some major changes to my holdings under the hood.  I want to start focusing on building positions to round 100 share lots within a single account so I can write covered calls against some of my positions.  So you will see a lot of sells on my completed trades page.  I am trying to organized my positions to be larger within a single account.

One additional change I will be making going forward is to include my covered call and cash covered put premiums within my monthly reported income.  I wont add the income until the trade has been completed by either, expiring worthless, buying it back, or being exercised.  So although I have 4 option trades that I initiated below this month, I will not report the income until closer to expiration.

I Bought:

Over the last two weeks I increased my annual income by $469.33.  Here is what I purchased:

  • 6 shares of Oaktree Capital Group (OAK) - This will increase my annual dividends by $11.28
  • 23 shares of Black Stone Minerals (BSM) - This will increase my annual dividends by $24.15
  • 85 shares of WholeFoods (WFM) - This will increase my annual dividends by $45.90
  • 100 shares of Cisco Systems (CSCO) - This will increase my annual dividends by $104
  • 100 shares of Qualcom (QCOM) - This will increase my annual dividends by $212
  • 48 shares of WellsFargo (WFC) - This will increase my annual dividends by $72
  • 7 shares of Chipotle Mexican Grill (CMG)
  • 8700 shares in Ivanhoe Mines (IVPAF)

Covered Calls:

  • sold 3 NGD August 19th 2016 $5 Call - collected $121.94
  • sold 1 WFM May 27th 2016 $32 Call - collected $59.01
  • sold 1 CSCO June 17th 2016 $28 Call - collected $73.01
  • sold 11 PVG Sept 16th 2016 $8 Call - collected $638.65

Cash Covered Put:

  • sold 1 EPD Sept 16th 2016 $24 Put - collected $101.01

I Sold:

If you wish to view all my completed trades, you can find them located here.
(Sometimes the posting of my sells can be delayed by a couple days to even a couple weeks depending on when I get around to updating the spreadsheet.)

See the link above to view the latest.  

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