I mentioned before when i spoke about the money saved/earned by leveraging credit card rewards, i like to supplement passive income received by buying high quality dividend paying stocks by looking for other avenues as well.
The one i will talk about today is using my favorite shopping portal - Ebates.
Showing posts with label Passive Income. Show all posts
Showing posts with label Passive Income. Show all posts
Tuesday, December 26, 2017
Friday, December 15, 2017
Dividend Increase - AT&T (T)
AT&T (T) declared a $0.50/share quarterly dividend. It is a 2% increase from the prior dividend of $0.49.
This is payable Feb 1 for shareholders on record Jan 10 (ex-dividend date Jan 9)
AT&T keeps its tradition of increasing the annual dividend by 4 cents a share (1 cent a quarter) every December. Even though the increase is small in terms of percentage, the good part is that the base this is being increased upon is well above a 5% yield.
The market meanwhile continues to go up everyday in anticipation of the tax deal. Value investors like me are both happy because existing positions are doing well, but not so happy because fair value is harder to find with every passing day in this red hot market.
This is payable Feb 1 for shareholders on record Jan 10 (ex-dividend date Jan 9)
AT&T keeps its tradition of increasing the annual dividend by 4 cents a share (1 cent a quarter) every December. Even though the increase is small in terms of percentage, the good part is that the base this is being increased upon is well above a 5% yield.
The market meanwhile continues to go up everyday in anticipation of the tax deal. Value investors like me are both happy because existing positions are doing well, but not so happy because fair value is harder to find with every passing day in this red hot market.
Tuesday, November 21, 2017
Latest Buy - GE and Qualcomm
What a great leveler the stock market is. This is a delayed buy update on two stock purchases i made over the last 3 months.
The market overall continues to be frothy, every time you think a correction is due - the market turns around and makes new highs. That is not to say that this won't change tomorrow or next week or next month, but to be honest i have been surprised at this bull run.
In September i purchased a small position in Qualcomm Inc. It has been going down while the whole market has been going in the opposite direction. Some of the reasons seem to be their never ending fight with Apple and their delayed acquisition of NXP. All these factors seemed to be temporary, but i was skeptical so i initialized a really small position at $50 a share for a nice yield on cost of about 4.56%. A few weeks ago, Broadcomm (AVGO) bid to buy out Qualcomm, and the share price shot up into the mid 60's and continues to be in that range. While i am happy about the price bump, i also regret not opening a larger position.
The market overall continues to be frothy, every time you think a correction is due - the market turns around and makes new highs. That is not to say that this won't change tomorrow or next week or next month, but to be honest i have been surprised at this bull run.
In September i purchased a small position in Qualcomm Inc. It has been going down while the whole market has been going in the opposite direction. Some of the reasons seem to be their never ending fight with Apple and their delayed acquisition of NXP. All these factors seemed to be temporary, but i was skeptical so i initialized a really small position at $50 a share for a nice yield on cost of about 4.56%. A few weeks ago, Broadcomm (AVGO) bid to buy out Qualcomm, and the share price shot up into the mid 60's and continues to be in that range. While i am happy about the price bump, i also regret not opening a larger position.
Monday, November 13, 2017
Latest Buy - AT&T
I added a few more shares of T to my existing position of over 100 shares. This should not come as a surprise, because most dividend growth investors have been thinking about AT&T for the last couple of weeks. A lot of factors, including the recent merger issues between T-Mobile and Sprint, and the very interesting DOJ investigation in the AT&T-TWC merger have pulled this stock down.
T has fallen almost 20% since the start of this year, while the broader S&P 500 index is up about 16%. Does it make sense, i don't know. Is AT&T suddenly less valuable than it was at the start of the year, i am sure it is not.
T has fallen almost 20% since the start of this year, while the broader S&P 500 index is up about 16%. Does it make sense, i don't know. Is AT&T suddenly less valuable than it was at the start of the year, i am sure it is not.
Friday, November 10, 2017
Latest Sell - Kinder Morgan
I sold out of my small position shares in Kinder Morgan (KMI). I purchased this in 2 batches, once back in September 2013 for $35.9 per share, and then again in September 2015 where i averaged down by paying $23.45 per share.
Sold out at $18.02 per share this week. A loss of about 44% on the entire batch. I did receive dividends all this while, which was about 11.6% of the invested amount, for an actual loss of about 33%. Ouch. It also reduces my yearly dividend income by about $26.
This does allow me to tax loss harvest and at least reduce the loss a bit more.
Sold out at $18.02 per share this week. A loss of about 44% on the entire batch. I did receive dividends all this while, which was about 11.6% of the invested amount, for an actual loss of about 33%. Ouch. It also reduces my yearly dividend income by about $26.
This does allow me to tax loss harvest and at least reduce the loss a bit more.
Thursday, May 11, 2017
Passive Income Update - April 2017
The first month of the quarter tends to be on the lower side for the overall portfolio in terms of dividends received. The markets continue to be frothy, so i haven't been investing the dividends back into stocks just yet.
Here is my passive income update for the month of April 2017 -
Taxable Account -
WMT $6.12
KO $11.10
MO $15.86
PM $20.80
GSK $6.79
WPC $15.92
BNS $7.15
Total $83.74
Roth IRA - $15.83
Other* - $77.00
Total Passive Income for the month - $ 176.57
* The Other category includes items like interest income from Savings Accounts/CD's.
How was your month of April ?
Here is my passive income update for the month of April 2017 -
Taxable Account -
WMT $6.12
KO $11.10
MO $15.86
PM $20.80
GSK $6.79
WPC $15.92
BNS $7.15
Total $83.74
Roth IRA - $15.83
Other* - $77.00
Total Passive Income for the month - $ 176.57
* The Other category includes items like interest income from Savings Accounts/CD's.
How was your month of April ?
Tuesday, April 4, 2017
Passive Income Update - March 2017
The last month of the quarter tends to be more lucrative for my overall portfolio in terms of divdends received, because the index funds in the 401k account tend to payout quarterly. These dividends are also used right away to purchase more stock of the same index fund.
Here is my passive income update for the month of March 2017 -
Taxable Account -
SO $14.00
TGT $12.00
EMR $9.60
CVX $10.80
MCD $9.40
BP $12.49
RDS.B $14.10
BBL $8.80
Total $91.19
Tax Deferred Account -
VFIAX $156.28
JMYAX $108.33
Total $264.61
Roth IRA - $13.20
Other* - $67.00
Total Passive Income for the month - $ 436.00
* The Other category includes items like interest income from Savings Accounts/CD's.
How was your march and first quarter of 2017 ?
Here is my passive income update for the month of March 2017 -
Taxable Account -
SO $14.00
TGT $12.00
EMR $9.60
CVX $10.80
MCD $9.40
BP $12.49
RDS.B $14.10
BBL $8.80
Total $91.19
Tax Deferred Account -
VFIAX $156.28
JMYAX $108.33
Total $264.61
Roth IRA - $13.20
Other* - $67.00
Total Passive Income for the month - $ 436.00
* The Other category includes items like interest income from Savings Accounts/CD's.
How was your march and first quarter of 2017 ?
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