Dividends: I received a total of $124.52 in dividends from the following stocks:
- CNI: $6.47
- GPC: $24.75
- ITW: $15.20
- KO: $15.30
- MDT: $14.30
- PM: $42.50
- UNP: $6.00
Dividend Increases: I was pleased to see a dividend increase announced for one of my stocks (click on the stock to see my post about the increase):
- KMI: 2.9% increase, $1.60 more in annual dividend income
Savings: This month I saved $1,662 (55.9%) of my net income, which is almost identical to what I saved in September and results in year-to-date savings of $14,310.
Transactions: I bought three stocks this month (click on the transactions to see my posts about them):
Portfolio: My portfolio currently consists of 25 stocks and has a market value of $61,285.58 (including cash), which is a 1.4% increase over last month's value. The increase reflects gains from new capital and dividends being partially offset by capital losses on some existing positions.
Seeking Alpha: I published two new articles on the investing website Seeking Alpha (click on the titles to go to the articles):
- Examining Another Dividend-Growth Large-Cap Fallacy
- Dividend Growth Analysis: Rate Versus Length Of Streak
Looking Ahead: November will be a slightly better month for dividends and my savings rate should remain stable. As noted above, I am expecting a few dividend increases to be announced, which is exciting. Given that I depleted my cash in October, the new capital from savings will enable me to make just one purchase this month, although I have not yet made up my mind about what I am going to buy.
Congrats on a nice haul of dividends! You're starting to make a pretty good chunk of extra investable money with you SA articles. Glad to see that you already passed your dividends received goal of $1,300 for the year. Everything else now is just gravy.ReplyDelete
Passive Income Pursuit: Thanks! The extra income from SA is certainly nice, although it's difficult to come up with good ideas for articles, which is why I only write one or two per month. I'm glad that I reached my dividend goal nearly two months ahead of schedule. It looks like I'll finish 2012 with a little under $1,600 in dividends.Delete
Great month man! I love it when a plan comes together.
You received a pretty solid dividend total this month. I received something pretty similar to you. Great stuff!
The articles are paying you pretty well. That income, combined with your dividend income, is paying a pretty decent chunk of your expenses. That's awesome!
Great job on the savings. I had to purchase two plane tickets to go home to Michigan for Christmas, so my savings rate was well below what I was hoping...but totally worth it.
Again, great job. The success and consistency is inspiring. I definitely feel that consistency is the name of the game with dividend growth investing.
Dividend Mantra: Thanks! The dividends and SA income are pretty nice and serve as good motivation for my dividend growth investing activities. I hope to have continued success in both of those areas.Delete
I booked my flight home for Christmas back in August, so that's when I incurred the savings hit. However, it will be a year since I last visited my family, so it is indeed worth it.
Looks like you're going to finish the year very strong.ReplyDelete
Arriving at your divi goal two months early is outstanding!
I expect you to set the bar higher next year :-)
Stoic: Thanks, I appreciate the feedback. I actually have a dividend goal for 2013 in mind already, but I'll announce it once we reach the new year. :)Delete
Excellent all around performance! A high savings rate, 3 solid picks, plus continued success at Seeking Alpha. Keep it up! Oh and grats on meeting your dividend goal as well!ReplyDelete
Compounding Income: Thanks, I appreciate the encouragement!Delete