Tuesday, March 18, 2014

February 2014 Update

I am very happy to report that I broke $12k forward annual dividend this month.  I have been looking forward to hitting this goal for quite a while.  Averaging $1000 month in dividend income has a very nice ring to it.

I started my dividend growth investment strategy in April 2010 so this has taken me a little less then 4 years to accomplish this goal.

Next milestone on my checklist will be $18k forward annual income.  I should be able to hit that by the end of 2015.

Dividends Received

Total dividends received during the month were $798.08
  • KMR $196.69
  • KMI $117.23
  • ABBV $112.09
  • PG $83.99
  • CAT $68.31
  • PAYX $50.50
  • AAPL $47.07
  • VZ $44.09
  • ABT $60.34
  • CLX $17.77


This months purchases:
  • $2295 of PM at $76.40. Yield 4.92%. 
  • $650 of CVX at $112.43. Yield 3.56%. 
  • $400 of KMR at $72.67. Yield 7.49%.
  • $200 of PEP at  $78.01. Yield 3.36%.
  • $200 of GE at $24.60. Yield 3.58%.
  • $100 of KMI at $32.44. Yield 5.06%.
  • $100 of MCD at $95.87. Yield 3.38%.
  • $50 of MO at $35.86. Yield 5.35%.
Also reinvested all dividends.
$4,793 in total new capital added (including reinvested dividends) with initial yield of 4.69%. 

Dividend Increases

  • PEP 15.4% raise. +$48.73 annual income.
  • TEVA 5.2% raise. +$55.89 annual income.
  • ABBV 5% raise. +$22.42 annual income.

Annualized Dividend Income

All together, annualized dividend income increased by $349 from last months total of $11,831 to $12,180. This means my dividend stocks will pay $12,180 in dividends over the next 12 months.


  • Lending Club interest received: $185.13
  • Bank interest received: $47.04

Total passive income: $1,030


  1. wow congrats on the 1k a month avg. I can't wait to get to that point. good luck on the 18k forward dividends.

  2. Wow, heck of a month and congratulations for passing that milestone in such a short period of investing!

    Would love to see more details on your Lending Club investments. I've been investing with them for quite a while myself and love to discuss and see how other investors are investing and managing their accounts.

  3. Congratulations on the 1k per month average. I hope to get there some day. You are quite an inspiration. Cheers.

  4. FF Dividend,

    Thanks man, I am sure you will get there. Keep adding KMI and PM :)


  5. Writing 2 Reality,

    Thanks for stopping by.

    Ive been on Lend Club for around 3 years and have a little over $20k invested. I have been pretty happy with the return- around 10% in mostly B,C,D notes. My filters are pretty common and similiar to what you have listed on your blog.


  6. Ritchie,

    Thanks for the kind words. I also live and am a homeowner in very high cost area of Calforinia (Orange County) so understand the high expenses. The tortoise wins this race. Just make it a priority to add to your asset base (no matter how small of a contribution) and you will get there.


  7. AA,

    Congrats! That is amazing. That is an inspiring goal to achieve. When I run retirement scenarios for my job a $1,000 pension (semi- COLA proof in your case) would completely change the retirement landscape. It takes a ton of pressure off the underlying principal.

  8. AA,

    Congrats, that's a huge milestone! $1000/month can pay a lot of bills.

  9. Evan,

    Thanks for the comment! Ive had my eyes on this goal for a while as I know I will generate a nice yearly increase in income with dividend reinvestment and dividend raises alone. Takes a little preassure off me at work where I am in a pretty competitive sales environment.


  10. AAI,

    Congrats yourself on closing on your latest real estate investment. You are kicking ass!