I Found Money!

I found money! Upon recent research into my account, I noticed that some numbers changed. But this wasn’t for the better. On one of my latest posts, I was tracking total of $217 in dividends so far for the month of October. I recently combined 2 of my IRAs and that number seemed to go down from $217 to less than $190 or so. Much less. This last week I have been trying to figure out what or HOW that could even be possible. If you’re paid, your paid. Money doesn’t just run out from your account. The problem was in my spreadsheet. When I combined my two IRA accounts, I forgot to also update the dividends from IRA #2 into IRA #1 on my spreadsheet. Therefore, this is where the discrepancy was hiding.

Now that I have figured out why my dividend income amount was off for the month, I looked into some previous months. Turns out that I had also overlooked some prior paid out dividends simply because my portfolio wasn’t “set up” for dividend income per say. The amounts that I left out are as follows….

MAY – $62.83

JUNE – $346.73

JULY – $400.94

AUG – $67.62

SEP – $0.02

WOW! That is a pretty good amount of cash to just have missed. This recent enlightenment boosted my dividend payout for the year greatly. My portfolio tracking spreadsheet that I built also has a clear indication of when a stock’s dividend increases or decreases. Two of my holdings recently raised their dividends. The two holdings are Lockheed Martin Corporation (LMT) and Omega Healthcare Investors, Inc. (OHI); increasing my Estimated Annual Income from $8,891.02 to $8,897.17.

To now see my updated dividends for the year please check out my Passive Income By Year page. By the way, the DRIPs are back in effect! Let’s grow!

New Position Adds More Income

I had $77 in my Individual account from my recent dividends being paid to me. I also transferred $125 into my account. I used that $202 to add to my position VGR. This increased my shares from 23 to 32 by purchasing 9 shares.

My annual estimated income also saw an increase from $8,882.48 to $8,891.03 just from adding those 9 shares. I am happy to always see an increase in my overall annual income. Can’t wait until I see $10,000+

I should only be receiving 4 more dividend payouts for the month of October. I am excited to see what November will bring. That should be a month of higher payouts. Make sure to stop by my Dividend Spreadsheet page to see what stocks I am currently holding.

Keep The Coins Coming

My most recent dividends have hit my account for the month of October. The overall annual dividends received amount may not increase as quickly because I am choosing not to reinvest the dividends at the moment. Because of this my new estimated annual income moved up $1 to the amount of $8,882.48. If you look below you will see the dividends that I received from the company’s stocks that I hold:

MAIN – $7.60

STAG – $2.36

O – $31.91 + $8.48 + $3.83

JCI – $4.75

PM – $13.91 + $47.08 + $22.47

These dividends bring my new total for the month of October to $217.82.

I should only be receiving 4 more dividend payouts for the month of October. I am excited to see what November will bring. That should be a month of higher payouts. Make sure to stop by my Dividend Spreadsheet page to see what stocks I am currently holding. Stay tuned!

Why The Sudden Increase?

Before September my portfolio had a different investing goal. It was mainly set up just to preserve capital. In August I decided to switch things up a bit and start to get some passive income going. This is where a lot of people begin to free up their paycheck from work. Eventually some folk make enough passive income to never have to work again. It can be a salary in itself. If you check my Passive Income By Year tab you will see where the sudden hike in dividends start. Stay tuned for more updates.

What’s New For October?

At the end of September I removed 4 stocks from my portfolio in hopes of increasing my dividends by acquiring 2 new stocks.

Removed AXP, HON, MMM, and DIS.

Added GOV and SIR.

This change increased my overall annual dividend income from about $8,183 per year to $8,881. WOW! Looking forward to my next dividend increase.

Dividends Paid for September

I did not meet my goal 100% for the month of September. This is mainly because  I just recently changed my investing goals and outlook. Before the month of September my investing focus was not on dividends and monthly income. By the time I converted my entire portfolio over to seek dividends, I had already missed some of the dividend record dates. If you look below, I will list out what made the cut in my portfolio for September.

September Dividends:

BBL – $12.04

GLPI – $143.01 + $69.93 + $34.02

HD – $17.80

K – $5.94

LMT – $10.92

O – $31.73 + $8.46 + $3.82

PGX – $12.03

STAG – $2.35

TROW – $4.56

TRV – $9.36

UNP – $9.08

VGR – $8.80

WY – $20.15

DLR – $25.11 + $8.37

LAMR – $63.08 + $31.54 

DES – $7.38

SCHD – $35.24

VIG – $ 13.90

VNQ – $10.42

VYM – $25.14

INDIVIDUAL – $287.77

IRAs – $336.41

TOTALS – $624.18