FAF raises dividend 100%

Yes, that is not a typo.

First American Financial (FAF) announced earlier this week a dividend increase of 100% from $.48 to $.96.

FAF is one of the largest title companies in the US and also provides property data and risk solutions to banks, lenders, and the real estate industry.

I have been a long time shareholder (10 plus years) and this investment has been nothing short of outstanding.  I have sold shares over the years to help buy 2 cars and a wedding ring.

Since I currently own 545 shares, this will increase for annualized dividend income by $262.  Needless to say, this is the largest dividend increase I have ever received in terms of percentage and go forward dividend income.

Sharebuilder Weekly DRIP Purchases- KMI, PM, MCD

Reporting my weekly purchases that went through today.

Market closed at 16,351.

This weeks purchases:

• $250 of KMI at $31.74. Yield 5.17%.

• $125 of PM at $80.16. Yield 4.69%.

• $125 of MCD at $98.45. Yield 3.29%.

$500 of new capital invested adding $22.89 to my annual dividend income.

Note: KMI continues to sit at 52 week low and is now trading at my cost basis. MCD did jump almost 4% today after the CFO said they may look to return more cash to shareholders including taking on more debt to increase share buybacks.

Sharebuilder Weekly DRIP Purchases- KMR, KMI

Reporting my weekly buys that went through yesterday.

Market was up big- about 228 points- to close at 16,396.

This weeks purchases (3/4):

• $400 of KMR at $69.97. Yield 7.77%.

• $400 of KMI at $31.92. Yield 5.14%.

$800 of new capital invested adding $51.65 to my annual dividend income.


Note: Both are sitting at 52 week lows and I will continue to add at these levels.

Sharebuilder Weekly DRIP Purchases- KMR, KMI, PM, MO

Reporting my weekly purchases that went through earlier in the week on Tuesday.

This weeks purchases 2/25 (Dow 16,180):

• $300 of KMR at $71.70. Yield 7.59%.

• $100 of KMI at $32.44. Yield 5.06%.

• $150 of PM at $79.92. Yield 4.71%. 

• $50 of MO at $35.86. Yield 5.35%.

$600 of new capital invested adding $37.56 to my annual dividend income.


Note: KMR and KMI both sitting at 52 weeks thanks in large part to an unfavorable Barron's article that came out on Monday. The article questioned the KMI- KMP financial relationship, said Kinder was unattractive compared to other big MLP's, and questioned Kinder's reported cash flow and true maintenance costs.  It also quoted the opinion of an analyst (who has been a vocal critic of Kinder) who said KMI was worth $20 and KMP $50.  At $20, KMI would be yielding over 8% and KMP at $50 would be close to 11%!

I believe this is all just noise and am happy to buy more shares that are now on sale.

Sharebuilder Weekly DRIP Purchases- PEP, CVX, KMR, MCD

Reporting my weekly buys that went through today.

Market closed at 16,130.

This weeks purchases:

• $200 of PEP at $78.01. Yield 3.36%.

• $100 of CVX at $113.17. Yield 3.53%. 

• $100 of KMR at $75.73. Yield 7.18%

• $100 of MCD at $95.87. Yield 3.38%.

 $500 of new capital invested adding $20.81 to my annual dividend income.


Note: First addition of new capital to my Pepsi position in almost 2 years. I liked the 15% dividend increase and the slight sell off after the revenue miss.

Sharebuilder Weekly DRIP Purchases- CVX, PM

Reporting my weekly buys that went through on Tuesday.  I continue to really like PM at these levels.

This weeks purchases 2/11 (Dow 15,995):

• $250 of CVX at $113.07. Yield 3.54%. 

• $250 of PM at $78.94. Yield 4.76%. 

$500 of new capital invested adding $20.75 to my annual dividend income.

January 2014 Update

Dividends Received

Total dividends received during the month were $687.32.  This is an increase of 16% from the $592.68 in dividends I received in Jan 2013.

• PM $227.81
• MO $172.58
• GE $197.20 
• PEP $78.48
• IDGTX $7.20

Purchases

This months purchases:

• $1750 of PM at $82.60. Yield 4.55%.
• $600 of CVX at $118.50. Yield 3.38%
• $350 of MCD at $95.96. Yield 3.37%
• $200 of GE at $24.54. Yield 3.45%.
• $150 of KMR at $75.12. Yield 7.19%.

Also reinvested all dividends.
 
$3,737.32 in total new capital added (including reinvested dividends) with initial yield of 4.22%. 

 

Dividend Increases

• KMR .9% raise. +$5.79 annual income.

Annualized Dividend Income

All together, annualized dividend income increased by $163 from last months total of $11,657 to $11,820. This means my dividend stocks will pay $11,820 in dividends over the next 12 months.

Other

• Lending Club interest received: $172.90
• Bank interest received: $59.83

Total passive income: $920.05



Note: Will hit $12k go forward dividends next month in February.

This months passive income total is a 14% increase over last October's number.

Sharebuilder DRIP Purchases- CVX, GE

Reporting my weekly buys that went through yesterday.

This weeks purchases 2/4 (Dow 15,445):

• $300 of CVX at $111.66. Yield 3.58%. 

• $200 of GE at $24.60. Yield 3.58%.

 $500 of new capital invested adding $17.90 to my annual dividend income.


Note: Both CVX and GE are trading well above my cost basis but I think they both offer some decent value at these levels.  Will be more aggressive with each at 4% yield.

Buy: PM

Volatility has returned in full force to the market!

We had a nice sell off today of 326 points with the Dow closing at 15,373.  Looking back at my posts, we were at 16,555 on Jan 2.  That's a nice 1000 point drop over the past month!

PM has been hit especially hard and is down almost 7% over the past week and 14% year to date. Getting close to that 5% yield I have been looking for, I just couldn't resist adding to my PM position.

Bought 25 shares at $75.81 for a initial yield of 4.96%. 

This addition brings my total share count of PM to a hair under 300 and my 12 month go forward PM dividends to $1123.

My Sharebuilder weekly purchases go through tomorrow.

Sharebuilder DRIP Purchases- PM, CVX, GE

Reporting my weekly buys that went through yesterday.

This weeks purchases 1/28 (Dow 15,929):

• $500 of PM at $80.77. Yield 4.66%.

• $200 of CVX at $116.46. Yield 3.43%. 

• $200 of GE at $25.54. Yield 3.45%.

 $900 of new capital invested adding $37.04 to my annual dividend income.


Note: In the middle of a bit of a market sell off with another big down day today (Dow -190, closing at 15,739).  PM looking more and more attractive as it approaches 5% yield.  I will continue to add at these levels.

First addition to GE in quite a while.  GE has sold off about 10% this month and looks somewhat interesting at these levels.

KO & TGT looking interesting as well.