More Changes and Pages on the Site

I will be doing things a bit differently from now on. I will still post, but I will be putting more content on pages going forward.

I had started a category of posts about my “fitness journey”, but I decided to consolidate that into a page. (Someday I will finish it.) I also have a page for my “dividend journey” (why I decided to go with dividend investing) that started out as a post. I think some things are better on one page than split over multiple posts.

I will make something a page if I feel that posts should be consolidated, or the post is very long. If I make a change to the page, I will make a post stating that I made a change (and add an artistic image as well).

The monthly dividend reports will still be posts.

Image from Wikimedia, assumed allowed under Fair Use. Painting by Nicolas Poussin (1594-1665).

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2016-12 Dividend Income Report

Here is the dividend income report for December, 2016.

The monthly dividend income came out to $1027.76. The yearly income total for 2016 through the end of the month was $6076.53.

The income for December, 2015 was $954.52, and the yearly income for 2015 through the end of December was $5472.07.

RLI paid a special dividend in December, as they have done (in varying amounts) since 2010. 2010 is also when I first bought RLI. It’s almost like they knew I showed up. It is only because of the special dividend that I cracked $1000/month in December. Unless I buy a LOT of new stocks or increase shares in stocks I already have by a significant amount, I will probably not crack $1000/month again until next December. It will probably be a while until making more than $1000/month becomes a regular occurance.

Without the special RLI dividend, the yearly total would have been $5820.38, and the Decemer total would have been $771.61. For 2015, the yearly total without the special RLI dividend would have been $5227.18, and the December total would have been 709.63.

So 10% year growth is not too bad, but not too great considering what I might need. As I stated before, I guess in the back of my mind I thought this double compounding would be really snowballing by now. Shows you what I know.

I beat my total from 2015. But I still did not beat my best year, so 2016 is only my second-best year. My best year for dividend income was 2007, when I made $6575.54 in mutual funds in my 401k.

I will probably start investing in my taxable account again soon. I think this time I will stick with ETFs to avoid complexity. I will do dividend growth ETFs, real estate ETFs, and bond index ETFs. If the fund does not pay, stay away.

With regard to stocks, I will still be split between getting new stocks and increasing the number of shares in the stocks that I own. My goal is to either have 100 shares of each stock, or (ideally) enough shares such that each quarterly payout is enough to buy an entire share. Right now, only 7 get 0.9 shares or more a quarter. (With some stocks, sometimes there is more than enough to get a whole share, while other stocks are right at the cusp, and small price movements can push them above or below the 1 share threshold.) Right now I have 42 stocks, and not counting spin-offs I have sold 13. So to stay diversified I should probably buy a few more.

I will keep looking into food and water stocks.

Here is a table with the year-to-date amounts, the monthly amounts, and the three- and twelve-month moving averages for each December from 2011 through 2016:

Month YTD Amount 3MMA 12MMA
2016-12 $6076.53 $1027.76 $605.28 $506.38
2015-12 $5472.07 $954.52 $575.86 $456.01
2014-12 $4438.02 $909.86 $481.67 $369.80
2013-12 $3406.20 $594.59 $344.05 $283.85
2012-12 $3585.01 $686.10 $386.41 $298.75
2011-12 $3091.99 $514.94 $323.40 $253.92

 

Here are the stocks and the income amounts for December, 2016:

  • AFLAC Inc: $47.16
  • American States Water Co: $27.82
  • Black Hills Corp: $15.73
  • Bemis Co Inc: $30.75
  • Vectren Corp: $25.69
  • Johnson & Johnson: $83.00
  • Archer-Daniels-Midland Co: $36.04
  • Emerson Electric Co: $52.01
  • Honeywell International: $67.56
  • Sonoco Products Co: $49.56
  • Exxon Mobil Corp: $88.56
  • Chevron: $26.96
  • 3M Co: $15.47
  • Walgreen Co: $22.13
  • Dover Corp: $10.49
  • Consolidated Edison Inc: $21.71
  • Kellogg Company: $55.87
  • Coca-Cola Co: $47.31
  • Valspar Corp: $22.17
  • RLI Corp: $25.62
  • RLI Corp: $256.15

Image from Wikimedia, assumed allowed under Fair Use. Painting by Pierre Mignard (1612-1695).

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I May Get A New Car

I may have to buy a new car. At least, new for me.

My “Check Engine” light came on. I got it fixed about a month ago. I had to wait around three hours for it to get done, since I do not have a Hot Asian Wife to cart me around.

Then it came back on again a day later. The next weekend, I took it in, waited, they fixed it. The guy said the wire connecting a part to the sensor came out.

Then a few days later it came on again. Same thing. This time he used a twist tie to keep in it.

A few days later, it came on again. Same code. Yesterday I made an appointment, and I waited two hours just to be told they would not be able to get to it that day. I really do not like my free time being eaten up waiting for my car to get fixed. Or not get fixed.

I would hate to get a new car just because of a small part, but maybe it is time. It is a 1997 Nissan Sentra with around 175K miles on it.

The issue has to do with the exhaust. I think I can get by for a few more weeks. The nice thing is that I got my state inspection done right before this all started.

My mom get her latest car at CarMax, and just raved about them. For the first time in 25 years, she is not driving a Honda. (If you felt a disturbance in the force recently, this might be why.)

When I was in Boise, I rented Prii (the official plural form of Prius) and I liked them. I might get one now.

I am not too happy about blowing a big hole in my savings. I think one of the reasons I have been able to save is because I have not had to make any car payments. Granted, I could pay it off at once. But still, that is a lot of money out of pocket. Enough to live off of for six months.

I really hate spending a lot of money.

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Up Yours, Miami

Recently, Fidel Castro died. Presumably peacefully, in his sleep. Not in a jail cell.

And the Cuban community in Miami celebrated. The people who insisted on keeping the embargo long after it was obvious it was not hurting the Castro regime. Being against the embargo was not the same as being for Castro. There is nothing pro-Communist in saying a particular policy isn’t working.

I would just like to tell those people to go jump off a cliff.

I really hate it when people from communist countries come here, rave about freedom, and then shout down anyone who disagrees with them. And what has their intransigence gotten them? Most Americans were against it for the past decade (pdf file here, article here). I don’t think we should cling to ineffective policies just to avoid hurting the fee-fees of a vocal minority.

Many refugees dismiss anti-embargo arguments by saying that “You don’t know what it’s like to live under Castro”. No, but neither do many of the non-Cubans who were for it. If my lack of experience living under Castro invalidates my opinion, then it invalidates the opinion of pro-embargo non-Cubans. But somehow I don’t think they get dismissed.

Besides, it’s a federal policy. I vote for the senators, representatives and presidents who make and implement the policy, and my taxes go toward it.

Basically, it has been completely ineffective. Yes, the Cuban government seems to be moving away from Communism, but they are doing it on their schedule. They managed to survive even after the downfall of the USSR, and the loss of patronage from the USSR. The funny thing is, while the USSR was subsidizing Cuba, the USA was selling the USSR wheat; so in a way, the USA was actually helping Cuba indirectly. But I guess some people care more about form than substance.

I don’t have my finger on the pulse of the Cuban community, but in all seriousness, is Cuba the only oppressive regime they are about? China oppresses a LOT of people. Do they want the USA to embargo China? If it’s the right thing to do, then the size of the country shouldn’t matter, right? If don’t care about oppression when it’s not happening to you, then don’t come crying to me.

Image from Wikimedia, assumed allowed under Fair Use. Painting by Cuban artist Armando Menocal.

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2016-11 Dividend Income Report

Here is the dividend income report for November, 2016.

The monthly dividend income came out to $506.98. The yearly income total for 2016 through the end of the month was $5048.77.

The income for November, 2015 was $460.83, and the yearly income for 2015 through the end of November was $4517.55.

It looks like I will beat my total from 2015. But I will still not beat my best year, so 2016 will only be my second-best year. For the first time, my 12 month moving average was more than $500.

For the past few years, my total was going up by about $1000/year, but I think that rate will not hold this year. I will have to live to about 150 to be able to live off my dividends at the rate this is going. Granted, if I rolled over my Roth 401K from my job, I would have a lot more money to invest.

Right now, I am not too sure what to invest it in. PE ratios are still pretty high. But, as I have said, they have been high for a while. But, as Barry Ritholtz reminds us, markets are rarely fairly valued. Maybe next year I will start to buy more. I found a site called Earnings Cast that archives quarterly conference calls for a lot of companies. Another thing to add to my to-do list.

Here is a table with the year-to-date amounts, the monthly amounts, and the three- and twelve-month moving averages for each November from 2011 through 2016:

Month YTD Amount 3MMA 12MMA
2016-11 $5048.77 $506.98 $502.98 $500.27
2015-11 $4517.55 $460.83 $477.55 $452.28
2014-11 $3528.16 $291.27 $357.30 $343.53
2013-11 $2811.61 $252.75 $277.74 $291.48
2012-11 $2898.91 $247.99 $262.78 $284.49
2011-11 $2577.05 $246.37 $232.84 $240.81

 

Here are the stocks and the income amounts for November, 2016:

  • AT&T: $50.31
  • Verizon: $60.26
  • WGL Holdings Inc: $17.05
  • Lowe’s Cos Inc: $19.23
  • ABM Industries Inc: $9.51
  • Air Products & Chemicals Inc: $57.28
  • Clorox Co: $46.56
  • Colgate-Palmolive: $43.85
  • Hormel Foods Corp: $14.18
  • Northwest Natural Gas Co: $28.95
  • Procter & Gamble: $40.49
  • Texas Instruments: $54.10
  • Eaton Corporation: $65.21

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2016-10 Dividend Income Report

Here is the dividend income report for October, 2016.

The monthly dividend income came out to $281.09. The yearly income total for 2016 through the end of the month was $4541.79.

The income for October, 2015 was $312.23, and the yearly income for 2015 through the end of October was $4056.72.

The twelve-month moving average was lower than it was last month. It has not gone down month-to-month in about three years. Last year I still had my taxable account, and I have shares of some companies in both my IRA and my taxable account, so some stocks paid a lot more in October, 2015 since I had more shares of them.

I sold all the shares in that account because owning shares directly in a taxable account forces an investor to deal with a lot more complexity that if they went with ETFs in a taxable account or kept direct shares in an IRA. But there is still some complexity when you own shares in an IRA.

In September, STR got bought out. In October, PNY got bought out. And APD and HON had spinoffs. I sold the shares from those spinoffs immediately. They have not announced any dividends, and I did not have that many shares anyway. For one of the spinoffs, I only got six shares.

All of this work has made me consider just going with ETFs. I do not plan on moving away from dividend growth investing. I would just like there to be a bit less effort on my part.

Just as I took a walk down memory lane for STR, I will do one for PNY. I bought 50 shares of PNY on 2010-07-12 at $26.00. By the time I was bought out on 2016-10-03, I had 60.503 shares. As with STR, all the new shares were from dividend reinvestments, not from actual purchases. The first dividend from PNY was paid on 2010-10-15, for $14.74, with a payout of $0.28/share, which bought 0.498 shares at a price of $28.10, while the last regular dividend was on 2016-07-28; I got $21.53, with a payout of $0.34/share, which bought 0.36 shares at a price of $59.74. That is an increase of about 45% in dividend income over five years.

October is an “A” month. Those months have the lowest income. I will have to buy new companies and/or increase my stakes in the companies I own that pay out in “A” months to make up for the income I will no longer get from PNY.

I don’t know why I did not get shares on the companies that bought STR and PNY. I always thought that is what a merger is. Perhaps I did not have enough shares to be part of the new club.

Here is a table with the year-to-date amounts, the monthly amounts, and the three- and twelve-month moving averages for each October from 2011 through 2016:

Month YTD Amount 3MMA 12MMA
2016-10 $4541.79 $281.09 $508.05 $496.43
2015-10 $4056.72 $312.23 $459.42 $438.15
2014-10 $3236.89 $243.87 $368.19 $340.32
2013-10 $2558.86 $184.81 $295.19 $291.08
2012-10 $2650.92 $225.14 $285.46 $284.35
2011-10 $2330.68 $208.90 $258.17 $238.44

Here are the stocks and the income amounts for October, 2016:

  • Automatic Data Processing: $32.07
  • Coca-Cola Co: $46.92
  • MDU Resources Group Inc.: $11.18
  • Kimberly-Clark: $54.40
  • Piedmont Natural Gas Inc: $20.57
  • Illinois Tool Works: $36.43
  • Chubb Corp: $43.65
  • Sysco Corp: $18.35
  • RPM International Inc.: $17.52

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2016-09 Dividend Income Report

Here is the dividend income report for September, 2016.

The monthly dividend income came out to $720.86. The yearly income total for 2016 through the end of the month was $4260.70.

The income for September, 2015 was $659.59, and the yearly income for 2015 through the end of September was $3744.49.

Since September is a “C” month, the income was pretty high. Still not enough to cover the rent. Sometimes I wonder when this dividend investing will be enough to cover my expenses.

Questar (STR) was acquired by Dominion Resources. All STR shreholders got cash (at least I did) and a final dividend. I have been thinking about buying some more stock, and now I have to in order to keep getting the $12/quarter I was getting from STR.

I bought 50 shares of STR on 2011-03-02 at $17.34. By the time I was bought out on 2016-09-20, I had 59.367 shares. All the new shares were from dividend reinvestments, not from actual purchases. The first dividend from STR was paid on 2011-06-13, for $7.63, with a payout of $0.1530/share, which bought 0.442 shares at a price of $17.60, while the last regular dividend was on 2016-09-12; I got $12.95, with a payout of $0.22/share, which bought 0.517 shares at a price of $25.03. That is an increase of about 70% in dividend income over five years. (There was also another dividend on the day of the buyout of about $.07/share.)

Here is a table with the year-to-date amounts, the monthly amounts, and the three- and twelve-month moving averages for each September from 2011 through 2016:

Month YTD Amount 3MMA 12MMA
2016-09 $4260.70 $720.86 $505.47 $499.02
2015-09 $3744.49 $659.59 $443.06 $432.46
2014-09 $2993.02 $536.75 $353.04 $335.39
2013-09 $2374.05 $395.65 $293.78 $294.44
2012-09 $2425.78 $315.21 $283.66 $283.00
2011-09 $2121.78 $243.26 $256.81 $233.01

Here are the stocks and the income amounts for September, 2016:

  • AFLAC Inc: $44.72
  • American States Water Co: $25.61
  • Black Hills Corp: $15.62
  • Bemis Co Inc: $30.58
  • Vectren Corp: $24.27
  • Johnson & Johnson: $82.45
  • Archer-Daniels-Midland Co: $35.79
  • Emerson Electric Co: $51.00
  • Honeywell International: $60.14
  • Sonoco Products Co: $49.22
  • Exxon Mobil Corp: $87.81
  • Chevron: $26.44
  • 3M Co: $15.37
  • Questar Corp: $12.95
  • Walgreen Co: $22.03
  • Dover Corp: $10.43
  • Consolidated Edison Inc: $21.51
  • Kellogg Company: $55.50
  • Valspar Corp: $19.71
  • RLI Corp: $25.54
  • Questar Corp: $4.17

Image from Wikimedia, assumed allowed under Fair Use. I just got tired of looking for images of money.

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2016-08 Dividend Income Report

Here is the dividend income report for August, 2016.

The monthly dividend income came out to $522.20. The yearly income total for 2016 through the end of the month was $3539.84.

The income for August, 2015 was $406.45, and the yearly income for 2015 through the end of August was $3084.90.

I am still on track to make more than I did last year, but not by much. The rate of increase is already slowing. I bought TXN in January, and more ADP and EMR in late June. It will take awhile for the second two to have a big effect. So I think 2016 will be my second-best year for dividend income. Before I started DGI (dividend growth investing), my second best year for dividend income was 2008, when funds in my then-employer’s 401(k) made $5420.86. I beat that last year by making $5472.07. The best year so far was 2007, when I made $6575.54. I do not think I will beat that this year.

It might be awhile before I set a new record. I am thinking about reducing my exposure to oil companies and increasing my exposure to water utilities. I think water utitlies are a better bet going forward, but they have lower yields.

I am still debating whether I should buy new companies, or buy more of what I have until I get everything I own up to 100 shares.

Here is a table with the year-to-date amounts, the monthly amounts, and the three- and twelve-month moving averages for each August from 2011 through 2016:

Month YTD Amount 3MMA 12MMA
2016-08 $3539.84 $522.20 $493.44 $493.92
2015-08 $3084.90 $406.45 $427.26 $422.22
2014-08 $2456.27 $323.94 $348.41 $323.64
2013-08 $1978.40 $305.11 $279.05 $287.74
2012-08 $2110.57 $316.04 $280.53 $277.00
2011-08 $1878.52 $322.35 $254.56 $225.45

Here are the stocks and the income amounts for August, 2016:

  • ABM Industries Inc: $9.46
  • AT&T: $49.75
  • Verizon: $58.36
  • WGL Holdings Inc: $16.93
  • Lowe’s Cos Inc: $19.15
  • Vodafone: $33.25
  • Air Products & Chemicals Inc: $56.95
  • Clorox Co: $46.28
  • Colgate-Palmolive: $43.62
  • Hormel Foods Corp: $14.12
  • Northwest Natural Gas Co: $28.59
  • Procter & Gamble: $40.18
  • Texas Instruments: $40.90
  • Eaton Corporation: $64.66

Painting “Money” by František Kupka, image from Wikiart, assumed allowed under Fair Use.

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2016-07 Dividend Income Report

Here is the dividend income report for July, 2016.

The monthly dividend income came out to $273.36. The yearly income total for 2016 through the end of the month was $3017.64.

The income for July, 2015 was $263.13, and the yearly income for 2015 through the end of July was $2678.45.

July is one of what David Fish refers in his spreadsheet as the “A” months (January, April, July, October). They are usually the months with the smallest totals. The months with the biggest hauls are the “C” months (March, June, September and December). Honestly I have no idea why that is.

I am also looking at LEG and YORW. LEG had a high payout ratio above 100% for a while, but they seem to be coming back to earth a bit. YORW is a water utility. They are based in central Pennsylvania. I looked on Wikipedia, and that area seems to be growing.

In other news, PE ratios are still high. I have not placed any orders. I plan on looking more at LEG and YORW.

Here is a table with the year-to-date amounts, the monthly amounts, and the three- and twelve-month moving averages for each July from 2011 through 2016:

Month YTD Amount 3MMA 12MMA
2016-07 $3017.64 $273.36 $464.99 $484.27
2015-07 $2678.45 $263.13 $412.44 $415.35
2014-07 $2132.33 $198.43 $333.77 $322.07
2013-07 $1673.29 $180.57 $258.23 $288.65
2012-07 $1794.53 $219.72 $261.24 $277.53
2011-07 $1556.17 $204.83 $235.96 $211.69

 

Here are the stocks and the income amounts for July, 2016:

  • Automatic Data Processing: $31.87
  • Coca-Cola Co: $46.55
  • MDU Resources Group Inc.: $11.09
  • Kimberly-Clark: $54.03
  • Illinois Tool Works: $30.66
  • Sysco Corp: $18.24
  • Chubb Corp: $43.42
  • Piedmont Natural Gas Inc: $21.53
  • RPM International Inc.: $15.97

 

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2016-06 Dividend Income Report

Here is the dividend income report for June, 2016.

The monthly dividend income came out to $684.76. The yearly income total for 2016 through the end of the month was $2744.28.

The income for June, 2015 was $612.21, and the yearly income for 2015 through the end of June was $2415.32.

Due to the Brexit, my orders for APD and EMR got filled. APD pays in what David Fish refers in his spreadsheet as the “B” months (February, May, August and November). So that will balance out the “C” months (March, June, September and December) a bit, even though EMR pays out in those months.

I am also looking at LEG and YORW. LEG had a high payout ratio above 100% for a while, but they seem to be coming back to earth a bit. YORW is a water utility. They are based in central Pennsylvania. I looked on Wikipedia, and that area seems to be growing.

The PE ratios are a bit high, but I think I will start buying more stocks again anyway. I have been waiting for PE ratios to come down. I don’t think they will for a while. I have read some articles written by people who spend more time in the markets than I do, and I get the impression there is a negative correlation between interest rates and PE ratios. I think we will have low interest rates for a while. People have been saying for a couple of years that a rate hike will happen any minute now. I think it is a ways off. And thanks to the bozos who brought us the Brexit, it might be longer than anyone thought a month ago. See articles on PE ratios and interest rates here and here.

Here is a table with the year-to-date amounts, the monthly amounts, and the three- and twelve-month moving averages for each June from 2011 through 2016:

Month YTD Amount 3MMA 12MMA
2016-06 2744.28 684.76 464.00 483.42
2015-06 2415.32 612.21 411.83 409.95
2014-06 1933.90 522.86 333.10 320.58
2013-06 1492.72 351.48 257.79 291.91
2012-06 1574.81 305.84 260.85 276.29
2011-06 1351.34 236.50 235.38 203.23

Here are the stocks and the income amounts for June, 2016:

  • AFLAC Inc: $44.46
  • American States Water Co: $25.46
  • Black Hills Corp: $15.51
  • Bemis Co Inc: $30.40
  • Vectren Corp: $24.07
  • Johnson & Johnson: $81.88
  • Archer-Daniels-Midland Co: $35.54
  • Chevron: $26.17
  • Emerson Electric Co: $27.02
  • Honeywell International: $59.83
  • Sonoco Products Co: $48.84
  • Walgreen Co: $21.05
  • Exxon Mobil Corp: $87.09
  • 3M Co: $15.27
  • Dover Corp: $9.89
  • Consolidated Edison Inc: $21.32
  • Kellogg Company: $53.02
  • Valspar Corp: $19.65
  • RLI Corp: $25.46
  • Questar Corp: $12.83

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