Dividend Income Update Oct 2014

Written by MrStockFox. Posted in Dividends

dividends

Another month has passed and its now time to update what I made in dividend income.  October was by far another very successful month on my way to becoming financially independent.  

You can find all my monthly updates located here.

In October, I took in $269.88, which is 1608% higher than the income I took in from a year ago.  Over the last 12 months I have taken in $1052.27.  My goal is to receive over $1200 by the end of this year.  I should have no problem accomplishing this goal in the month of November because my estimates show that I should make around $140.

The total value of Dividend Portfolio decreased this month because it is heavly weighted to commodities.  Although it fell from $64,130 to $61,544, my future 12 month dividends increased from $2741 to $2912.  

I am very excited each month to see these dividends keep rolling in.  Looking ahead to the month of November, I plan to put an additional $2500-$3500 of capital to work in new or existing companies within my portfolio.

Currently I have been adding to UL in my Loyal3 account.  I continue to like IBM and the energy stocks here:  XOM, OXY, COP, BP, CVX

You can find my total dividends received each month located here.

Thanks for reading.


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Gold Stock Index (XAU) - 4th Most Oversold Weekly RSI in History

Written by MrStockFox. Posted in Trade Ideas

The XAU is now the 4th most oversold reading in its history.  I stated several weeks ago that it was likely that the gold stocks could head lower, especially if gold didn't put in any meaningful bounce.  The gold stocks have been showing for a couple weeks that there was considerable weakness in the sector.  

At this point I do expect a test of 64 area which is the low of 2008.  From there I would expect a trade-able bounce all the way back up to 80 level.  Once it became apparent that gold stocks were going to head lower, I stopped adding to my positions.  For now I will continue to hold what I own and may add a little on the test of 64.  At this point I am only interested in select juniors that are cashed up, and the royalty companies such as FNV, RGLD, and SLW.

I also want to note the volume on the GDX today.  It was about 2-3x the normal, with it trading over 110 million shares.  It could be we are very close to a capitulation event in this sector. 


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Weekly Purchases - 10/25/14

Written by MrStockFox. Posted in Weekly Update

india

Photograph(above):

To add some variety to the website, I am providing photographs from some of my travels.  I took the following photograph, in 2011, in India.  The heat is India was incredibly hot when I visited, with 114 degree heat.  

I was out of town on vacation for the last 12 days, so much of what you see below are purchases from the last several weeks.

I Bought:

Dividend Income Portfolio (Total increase in income = $95.58)

$112 of Chevron (CVX) - This will increase my annual dividend by $4.28

$50 of BP (BP) - This will increase my annual dividend by $2.34

$50 of Seadrill (SDRL) - This will increase my annual dividend by $8

$175 of GlaxoSmithKline (GSK) - This will increase my annual dividend by $10.36

$250 of General Electric (GE) - This will increase my annual dividend by $8.80

$200 of American Realty Capital (ARCP) - This will increase my annual dividend by $18.00

$1000 of ConocoPhillips (COP) - This will increase my annual dividend by $43.80

Loyal3 Purchases (Total Purchases = $420 )

$175 of Unilever (UL)

$50 of Google (GOOGL)

$25 of Mattel (MAT)

$25 of Kraft (KRFT)

$10 of Starbucks (SBUX)

$25 of McDonald's (MCD)

$25 of Microsoft (MSFT)

$25 of Intel (INTC)

$25 of Kellogg (K)

$25 of Coca Cola (KO)

$10 of Dr Pepper Snapple (DPS)

I Sold:

If you wish to view all my completed trades, you can find them located here.

5 shares of GNTX for a overall gain of 8%


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Dividend Increases - 10-23-14

Written by MrStockFox. Posted in Dividends

omega

Visa (V) declared $.48/share quarterly dividend, 20% increase from previous dividend of $0.40. Forward yield .90%.   My portfolio consists of 1 shares of V, which increases my annual dividends to $1.92. My yield-on-cost is is .90%.

I eventually plan to add to my position in Visa and take it up to 2-3% of my portfolio.

kinder

Kinder Morgan (KMI) declared $.44/share quarterly dividend, 2.3% increase from previous dividend of $0.43. Forward yield 4.59%.   My portfolio consists of 97 shares of KMI, which increases my annual dividends to $170.72. My yield-on-cost is is 4.89%.

omega

Omega Healthcare Investors (OHI) declared $.52/share quarterly dividend, 2% increase from previous dividend of $0.51. Forward yield 5.58%.   My portfolio consists of 2 shares of OHI, which increases my annual dividends to $4.08. My yield-on-cost is is 6.76%.


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