Archive for August 2015

What To Do With My New Stock Account

As I had mentioned previously, I opened a taxable brokerage account to buy more stocks.

The plan is to put in some money, and buy enough shares of each such that each dividend payment will be enough to buy an entire share. At first I thought I would buy shares of additional companies. Now I am thinking of replacing shares of companies in my tax-advantaged account as well.

Granted, if I did that, I would lose the tax advantages for those shares. But it would free up money in my retirement accounts to buy additional shares of the companies I would still own in those accounts. It has taken three years to buy an additional share of 3M. Perhaps I could finally buy more and reduce that time.

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2015-07 Dividend Income Report

Here is the dividend income report for July, 2015.

The monthly dividend income came out to $263.13. The yearly income total for 2015 through the end of the month was $2678.45.

The income for July, 2014 was $198.43, and the yearly income for 2014 through the end of July was $2132.33.

I started a taxable brokerage account that I have started funding. I now have sufficient money to buy enough shares of several companies such that each dividend payment would buy an entire share. But now for some reason I am a bit reluctant to pull the trigger.

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 2015:

Month YTD Amount 3MMA 12MMA
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, 2015:

  • Automatic Data Processing: $28.77
  • Coca-Cola Co: $36.78
  • MDU Resources Group Inc.: $10.38
  • Kimberly-Clark: $50.16
  • Illinois Tool Works: $26.42
  • Chubb Corp: $58.46
  • Piedmont Natural Gas Inc: $20.28
  • Sysco Corp: $17.14
  • RPM International Inc.: $14.74

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