Correction Underway

The market was down again today with a 156 point loss to close at 12,442.  It has dropped 11 out of last 12 days.

Yields are getting juicy and bargains are starting to appear.

Among the beaten down that I have my eye on: EMR $46.19 (3.46%), AFL $39.82 (3.31%), BP $37.50 (5%), RDS.B $64.75 (5.21%)

Mining stocks have been hit very hard.  BBL has been down over 10% over the past week and currently sits at $54.09 (4.07%).  FCX down has also been punished and closed at $32.17 (3.89%).

Facebook IPO is tomorrow.  I will be passing.

Sharebuilder DRIP Purchases

Market has corrected around 5% or so in the past 2 weeks.  The oil stocks are looking attractive again.  Today's purchases via Sharebuilder went through on another down day with the market closing down 63 points at 12,632.

• $200 of EXC at $38.62. Yield 5.44%. 5 year average yield is 4%. PE 12.8

• $199 of PG at $63.87. Yield 3.52%. Will continue to buy PG at 3.5%+ yield. 5 year average yield 2.6%. PE 19.5.

• $249 of BBL at $56.49. Yield 3.89%. **Lowest buy price of my DCA purchases**  5 year average yield 2.7%. PE 6.6.

• $150 of AFL at $42.74. Yield 3.09%. Will continue to buy AFL at 3%+ yield. 5 year average yield 2.1%. PE 8.5.

• $150 of BDX at $76.13. Yield 2.36%. 5 year average yield 1.7%. PE 13.9.

• $199 of RDS.B at $66.25.  Yield 5.19%.  5 year average yield  4.9%. PE 6.7.

• $249 of MCD at $91.31. Yield 3.07%. 5 year average yield 2.8%. PE 17.

Total purchase of $1400 and added $53.73 to my annual dividend income.

Sharebuilder DRIP Purchases

Today's purchases via Sharebuilder went through on a down day (which I love!).  Market was down almost 200 points today before rallying in the afternoon to close at 12,932 (-76 for the day).

• $250 of EXC at $37.98. Yield 5.53%.

• $200 of PG at $64.19. Yield 3.5%. Will continue to buy PG at 3.5%+ yield.

• $200 of BBL at $59.72. Yield 3.68%. **Lowest buy price of my DCA purchases**

• $200 of AFL at $43.04. Yield 3.07%. Will continue to buy AFL at 3%+ yield.

• $200 BDX at $76.56. Yield 2.35%

• $150 of EMR at $48.32. Yield 3.31%. **Lowest buy price of my DCA purchases**

Total purchase of $1200 and added $43.99 to my annual dividend income.

Sharebuilder DRIP Purchases

I continue to build my positions with DCA via Sharebuilder.

Last week I bought:

• $250 of EXC at $39.05. Yield 5.38%.

• $200 of PG at $63.51. Yield 3.54%.

• $200 of BBL at $65.60. Yield 3.35%.

• $150 of AFL at $45.97. Yield 2.87%.

Total purchase of $800 and added $31.55 to my annual dividend income.

April 2012 Dividend Income Update

Dividends Received

Total dividends received during the month were $474.11:

• GE $140.88
• PM $134.82 
• MO $124.96
• FAF $42.02
• EXC $23.55
• IDGTX $7.88 

Purchases

This months purchases (includes reinvested dividends):

• $1023.55 of EXC at $37.95. Yield 5.53%.

• $800 of BBL at $61.45. Yield 3.58%. 

• $500 of AFL at $42.87. Yield 3.08%.

• $350 of BDX at $76.30. Yield 2.36%. 

• $300 of CVX  at $103.26. Yield 3.14%. 

• $300 of EMR at $50.88. Yield 3.14%.

• $300 of RDS.B at $70.83. Yield 4.86%. 

•  $150 of JNJ at $63.73. Yield 3.58%. 

• $140.88 of GE at $19.51. Yield 3.49%.

• $134.82 of PM at $87.44. Yield 3.52%.

• $124.96 of MO at $31.19. Yield 5.26%. 

• $100 of MCD at $95.51. Yield 2.94%.

• $42.02 of FAF at $16.42. Yield 1.95%. 

$4274.11 in total new capital added with initial yield of 3.92%. 

Dividend increases: 

• PG 7% raise. +$16.93 annual income.
• KMR 3.4% raise. +$14.70 annual income.
• GS 31.4% raise. +$13.47 annual income.
• CVX 11% raise. +$17.92 annual income.
• JNJ 7% raise. +$26.11 annual income.

All together, annualized dividend income increased by $262 from last months total of $6,195 to $6,457. This means my dividend stocks will pay $6,457 in dividends over the next 12 months.

Strong Start for 2012 and recapping 2011

Strong bull market to start the year.

Even though it has taken a bit of a breather the past 3 days, it is still close to 3 year highs closing today at 12,660.

To recap 2011, on January 1, 2011 my annualized dividend income stood at $2931. One year later, I stand at $6,048. This represents a 106% increase.

Actual dividends received in 2011 amounted to $4023. This represents a 252% increase from 2010's total of $1597.

Finally, total passive income of interest and dividends totaled $5,234 for 2011. 2010's total was $2731. This represents a year over year increase of 91.6%.

I will be hard pressed to meet these year over year % gain numbers for 2012 but I will try my best.

My goals for 2012:
1) $8400 annual dividend income.
2) $8000 total passive income.

Recent buys

I have not posted in a while but I have been busy growing my dividend income.

Have continuously been adding to my positions every 2 weeks through Sharebuilder.

Outside Sharebuilder, made 2 buys in December.

On Dec 15, picked up 100 shares of KMI at $28.66. This buy represents an initial yield of 4.19% and will pay me $130 in dividends over the next 12 months.

On Dec 16, picked up 44 shares of BDX at $70.62. This represents an initial yield of 2.55% and will pay me $79.20 in dividends over the next 12 months.

When all is said and done, my annualized dividend income will increase around $400 for December.

My Sharebuilder buys go through tommorrow.

Rally

Market has been red hot over the past 2 weeks. The rally took a day off today and was down about 41 points to close at 11,478.

I have been using Sharebuilder over the past year to DCA into building my positions.

My Sharebuilder orders executed on Tuesday and picked up:

• $250 of AFL at $39.04. Yield 3.07%.

• $250 of ABT at $52.62.  Yield 3.65%

• $150 of MO at $27.59. Yield 5.94%.

• $200 of KMR at $61.21. Yield 7.52%.

• $200 of LMT at $75.97. Yield 5.27%.

• $250 of BDX at $74.2. Yield 2.21%.

• $250 of CVX at $97.99. Yield 3.18%.

• $150 of GE at $16.03. Yield 3.74%.

• $200 of PAYX at $27.78. Yield 4.46%.

• $249 of PM at $65.60. Yield 4.70%

• $250 of PEP at $60.9. Yield 3.38%.

• $200 of PG at $64.52. Yield 3.25%.

• $200 of RDS.B at $66.66. Yield 5.04%.

• $249 of TEVA at $37.94. Yield 2.07%.

I actually did not want to make make additional purchases of CVX, RDS.B, ABT, LMT, MO, and PM. I changed my investment plan on Monday but I guess my changes didn't register with the system. I will make sure this does not happen again.

Anyways, total amount of new capital was $2948 and these purchases will add another $117.55 to my annual dividend income.

It seems as if we are in a trading range between 10,500 and 11,500.

Ugly start to the 4th quarter

Another ugly, ugly day.

Dow dropped 258 (-2.36%) points to close at 10,655. The S&P was -2.8%. Small Caps continue to take it on the chin and were -5%.

Financials led (again) the downward charge. BAC was down almost -10% to close at 2008 levels. It hit a new 52 week low to close at $5.53.

September 2011 Dividend Income Update

Dividends Received

Total dividends received during the month were $360.27:

• GS $10.60

• JNJ $81.60 

• CVX $29.40 

• RDS.B $93.13 

• RDS.A $1.21 

• FTR $3.00 

• BDX $9.08 

• LMT $64.59

• EXC $24.72 

• PEP $42.89 

Purchases

This months purchases (includes reinvested dividends):

• $299 of ABT at $50.96. Yield 3.77%.

• $1500.90 of AFL at $34.33. Yield 3.50%.

• $458.08 of BDX at $76.51. Yield 2.14%.

• $2154.99 of CLGX at $9.07. Yield 0%.

• $278.40 of CVX at $94.61. Yield 3.30%.

• $24.72 of  EXC at $42.94. Yield 4.89%.

• $399 of GE at $15.55. Yield 3.86%.

• $10.60 of GS at $99.49. Yield 1.41%.

• $52.32 of JNJ at $63.59. Yield 3.59%.

• $424 of KMR at $59.14. Yield 7.78%.

• $397.34 of LMT at $73.90. Yield 4.81%.

• $149 of MO at $26.61. Yield 6.16%.

• $374 of PAYX at $26.75. Yield 4.63%.

• $541.89 of PEP at $61.59. Yield 3.34%.

• $3556.50 of PM at $62.97. Yield 4.85%.

• $400.13 of RDS.B at $64.77. Yield 5.19%.

• $349 of PG at $62.65. Yield 3.35%.

• $499 of TEVA at $37.15. Yield 2.11%.

• $250 of AFL at $39.04. Yield 3.07%.  

$11,870.08 in total new capital added with initial yield of 3.49%. 

Dividend increases:

• VZ 2.6% raise. +$3.76

• PM 20% raise. +$45.06

• LMT 33% raise. +$88.51

All together, annualized dividend income increased by $551 from last months total of $4700 to $5251. This means my dividend stocks will pay $5251 in dividends over the next 12 months. This portfolio of stocks has a current yield of 3.46%.

My 2011 goal was $5500 and I should easily surpass this.