I am still kind of new on the dividend investment thing so I am sure many people reading this post are going to laugh, but you gotta start somewhere right?! <\/p>\n
Starting with the new year I started tracking my dividends in my taxable accounts. I get dividends in my non-taxable accounts, but they mostly comprised of mutual funds that track indexes so it doesn’t translate well when I talk about dividends in those accounts. <\/p>\n
In January I earned $18.87 in dividends. In February I got $20.57. Not much, but it’s money I didn’t have to work to get at all. Plus a 9% one month increase is a heck of a lot better than I got in my savings account. Unlike trading which isn’t much work either, but you do have to monitor the trade. With dividends it just shows up in your account. <\/p>\n
This is where I got dividends in February:
\nARP (Atlas Resource Partners LP) – $2.56
\nAGNC (American Capital Agency Corp) – $0.88
\nCNSL (Consolidated Communications) – $11.75
\nHAS (Hasbro Inc) – $1.29
\nO (Realty Income Corp) – $ 0.57
\nORC (Orchid Capital Inc) – $3.51
\nInterest – .01 (not really dividend, but it is part of my taxable accounts)<\/p>\n
I added PER (Sand Ridge Permian Trust), WMC (Western Asset Mortgage Capitol Corp), and YUM (Yum Brands) which will also payout in February, so I should see a bigger payout next quarter in May. As far as the year goes I am up to $39.44. Considering I earned $39.85 in all of 2014 I think I can say I am going to do better than last year.<\/p>\n
I am still trying to grow my dividends funds so they can be another part of my financial strategy. As such all the money I earn in dividends will be re-invested into new stocks. The idea being that it will compound along with my other stocks for higher returns.<\/p>\n
Full disclosure – Long in all the above mentioned stocks.<\/p>\n","protected":false},"excerpt":{"rendered":"
I am still kind of new on the dividend investment thing so I am sure many people reading this post are going to laugh, but you gotta start somewhere right?! Starting with the new year I started tracking my dividends … Continue reading