Here is the passive income I received during June.
- CAIBX --- $414.16
- AHITX --- $246.88
- BP --- $163.96
- RDS-b --- $123.15
- DLR --- $85.00
- CVX --- $78.82
- TGT --- $75.40
- DVY --- $64.64
- MAT --- $62.70
- JNJ --- $56.97
- PFE --- $52.64
- GM --- $52.61
- MCD --- $51.55
- IBM --- $48.53
- XOM --- $47.77
- MSFT --- $46.50
- ESV --- $39.72
- SO --- $38.89
- AFL --- $26.13
- NOV --- $22.36
- CAG --- $15.86
- PEP --- $15.81
- WMT --- $15.37
- WM --- $9.85
Total combined dividends and interest is $1,855.27
Earned option premiums
- VZ --- $86.60
- ESV --- $53.60
Total income unrelated to me wearing a tie around my neck is $1995.47.
New capital invested
- HCP --- $3752.95
- UNP --- $1920.55
- WPC --- $1742.20
- RDS-b --- $1495.20
- CVX --- $1023.55
- VZ --- $1017.05
- JNJ --- $700
- KO --- $500
- SO --- $450
- XOM --- $250
- WPC --- $200
- BBL --- $200
- WMT --- $200
- BP --- $200
- PG --- $200
- CAG --- ($2756.57)
I'm pretty excited about the results from last month. While it would have been nice to hit $2,000 like in March and December, over $1800 is still fantastic. As much as I have tried to convince myself that I will slow down on the new investments, the fact remains that I have not. Oh well, what can I say I am addicted to dividend investing. I guess there are worse addictions in the world.
I have no idea what exciting opportunities will arrive in July, however I am eagerly waiting to put more capital to work. Also the Baxter spinoff and hopefully the Kraft special dividend will be paid this month.
Every time I think oil has bottomed, I seem to fall through another trap door. Shell, CVX, XOM, and BBL are at stupid levels right now. I will probably continue nimbling on these names some more. I feel like a deep sea scuba diver that is about 300 feet under water and I continue to see shiny objects at the 400 and 500 foot levels. I need to check the oxygen in my tanks before I dive down too much deeper. :-)
I hope everyone out there continues investing in their futures. Remember the first 40 hours worked each week are for survival. What we do in our spare time is how we create long term success!
DEFY MEDIOCRITY
As usual, fantastic progress, MDP. Thats a lot of fresh capital going to work for you. Keep up the great work!
ReplyDeleteR2R
R2R,
DeleteI really appreciate the comment. The snowball is gaining speed and I really like dripping the dividends. I will keep plugging away!
MDP
MDP,
ReplyDeleteExcellent numbers with excellent results.
You are absolutely correct. Continuous investment in all market conditions is the key to success. I need to be like you in that regard. Thanks for the inspiration.
D4s
Div Son
DeleteRain or shine, boom or bust, I will keep adding to the pipeline. The market and the overall economy is really hard to predict. Look for values and keep adding to your asset base. The hardest part is to ignore the portfolio swings. Many say they can, but few have the stomach for unrealized losses. Stay vigilant!
MDP
Great MDP. I collected £1900 this month. Cant find much information on management dividend strategy for BAX and BXLT. I bought $10K of KRAFT before merger, worth $15K now. I'm hanging on to all these spinouts. I've read many articles on how well spin offs have performed. I know what you mean about energy stocks. I'm fully invested - got $20K each in XOM, CVX, BHP, RSDB, BP, KMI but they keep going lower. I dont think CVX, have ever yielded 3.5%, 4.5%, 6.5% respectively. However, my dividends are getting re-invested at a lower stock price meaning more shares and future dividends. Its difficult to explain to people but lower stock prices are an advantage ! Regards, Jack
ReplyDeleteMDP, sorry meant to say: I don't think XOM, CVX, BBL have ever yielded 3.5%, 4.5%, 6.5% respectively. Reg, Jack
ReplyDeleteJack,
DeleteIt sounds like our portfolios have a lot in common. Dividend reinvestment is the coolest thing. Especially when you can Drip depressed valued stocks like in the energy space.
MDP
Awesome Month MDP. You're ripping it up. Over 1800 is awesome bud. Keep it up. Investing a lot or a little, you're still consistent. As long as you continue marching onwards, slow and steadily you're gonna reach ALL your goals. Enjoy the journey my friend. Take care and keep it up. I'lll be travelling alongside you always. Cheers bud.
ReplyDeleteDH,
DeleteIt helps to read inspiration stories/accomplishments like you provide. I will keep marching up the mountain, resting when I can but heading towards my goals.
MDP
You're on a whole nother level MDP. Very inspiring
ReplyDeleteCaptain,
DeleteThanks so much! If I can reach my goals and shine a little light on the path towards FI, then all the better. I will keep forging ahead!
MDP
Those dividend numbers are just absolutely crushing it. The amount of capital your putting to work is just crazy.
ReplyDeleteAdam,
DeleteI'm not going to lie, I am running as hard as I can for as long as I can.
MDP
Your new capital invested is just on another level--it's gotta be the highest I've seen among the FI bloggers. Is the new capital including your dividends paid, or do you DRIP all paid dividends?
ReplyDeleteEric
Eric,
DeleteThanks! If you want to see other insane numbers, check out Dividend Hustler, Asset Grinder, and Accumulating Assets. Those guys are on a level of their own.
I drip about 1/3 of my dividends and don't count those in my "new capital invested" figures.
MDP
Your dividend income is exactly your blog title - dividend pipeline. The money just keeps flowing in. That is absolutely awesome. The amount of capital you have put in is insane. It's awesome that you're able to do it as it'll only snowball into something bigger. Keep up the great work.
ReplyDeleteTawcan,
DeleteThanks for the kind words and encouragement. I am excited to push things hard. I hope to reach escape velocity soon, but I could crash and burn as well. Stay tuned.
MDP
Very inspiring figures. I just added some RDSB as the yield keeps getting better.
ReplyDeleteDAC,
DeleteThanks and great job adding RDS-b. BP and BBL have been at levels that are ridiculously low. I will probably just nibble here and there. As you can see by my dividend totals this month, I am beyond fully invested in oil companies.
MDP
I really admire your consistent investing efforts. It seems as though every month you're out in the market putting loads of capital to work, regardless of the noise. I need to emulate that consistency. Good stuff, as usual. I'm more of a spree buyer. I go a long time without any purchases and then BOOM. All gone.
ReplyDeleteBGH,
DeleteYeah, this could come back to haunt me at some time. I keep trying to cut back on my new purchases, yet I forge ahead. I guess there alway will appear to be a value somewhere. I actually would like to take some time off and add larger purchases like you have done.
I guess there are many strategies that work and I am certainly open to all of them.
MDP
Great month! Be careful with the falling knife of oil related companies. I have been hurt personally as well. Hard to resist those low / bargain basement prices though!
ReplyDeleteFF,
DeleteWell thanks for the warning, but it is a bit late. Cuts are all over me. :-) It's unlikely to deter me from eyeing riskier types of assets....hopefully not too risky.
MDP
Your non-tie related income is more than some people's tie/work gloves/work boots/etc related income. Keep it up, its inspiring and something to work toward for us who are not there yet.
ReplyDelete- Gremlin
DG,
DeleteI am glad I can provide some inspiration. Last week I was thinking about my first job when I was sixteen working at a grocery store. I was earning $3.35/hour + tips sacking groceries. One day the store's general manager who had been with the company 25 years mentioned that he was making $45,000 a year. In 1988 that was pretty good money and I thought it would be nice to eventually make $25,000. I guess memories like these just prove that I am getting old. :-)
MDP
MDP,
ReplyDeleteAnother huge month. The word "insane" comes up a lot, and it's pretty apt. :)
Keep up the great work. That kind of passive income would free me from the need to ever work again. For you, it's just supercharging your capital deployment. Onward and upward!
Best regards.
DM,
DeleteThanks a lot! If only I received this much every month. In time it will happen and I can't wait. It looks like your dividend income was off the charts this month as well.
MDP
Awesome totals for your June dividend income. I see we have quite a few names in common for the month as well. Congrats on some great fresh capital being added as well. No doubt you'll be reaping those awesome dividends in the next quarter.
ReplyDeleteDivHut,
DeleteSeptember should be pretty good! I need to rebalance my portfolio in time. It is a bit heavy in energy names right now. No biggie, it will level out eventually.
MDP