Recent Stock Purchase V – August 2015

Holy cow! August month has a huge movement, folks! Market is witnessing an increased fear and greed with significant up and down days. However, I took it as an opportunity and invested $6,090.71. 3 new stocks were added in my portfolio for the first time: Dr. Pepper Snapple Group, Inc. (DPS), Gilead Sciences, Inc. (GILD) and PepsiCo Inc. (PEP). I plan to use these dividend growth stocks to build my passive dividend income in coming weeks and months. My portfolio is here: Freedom Race Portfolio that I’ll be updating at the end of this month.

Below are the companies that I put my capital on towards my race for earning $3000 per month in 3000 days.

1) Chevron Corp (CVX): 5 positions at $70.00 on 8/24: $350.00
2) Digital Realty Trust, Inc. (DLR): 10 positions at $63.49 on 8/24: $634.90
3) Dr Pepper Snapple Group, Inc. (DPS): 5 positions at $63.49 on 8/24: $373.15
4) Gilead Sciences, Inc. (GILD): 5 positions at $97.30 on 8/24: $486.50
5) HCP, Inc. (HCP): 10 positions at $37.00 on 8/25: $370.00
6) Kinder Morgan, Inc. (KMI): 10 positions at $29.60 on 8/24: $296.00
7) Altria Group, Inc. (MO): 10 positions at $49.00 on 8/24: $490.00
8) Realty Income Corp (O): 10 positions at $46.00 on 8/24: $460.00
9) The Omega Healthcare, Inc. (OHI): 10 positions at $34.85 on 8/24: $348.50
10) PepsiCo Inc. (PEP): 5 positions at $90.00 on 8/24: $450.00
11) Southern Company (SO): 10 positions at $43.00 on 8/25: $430.00
12) AT&T Inc. (T): 30 positions at $32.00 on 8/24: $960.00
13) Verizon Comm., Inc. (VZ): 10 positions at $44.31 on 8/24: $443.10

It was quite a shopping fourth week of Aug., to say the least, and my cart is getting filled to the brim. Market indeed pushed me harder to run my race. However, it will help me to catch up towards my goal. Now, I’ve 52 wonderful companies in my portfolio, achieving my initial goal to own 50 companies so that I’m fully diversified across various sectors and not putting all eggs in one.

The beauty of growing dividends is that they will be working for me to earn more dividends, setting off a compounding engine and snowball. That will propel me towards the cherished land of financial independence.

Full Disclosure: Long on above mentioned stocks.

Thanks for reading.

Are you planning to purchase any of the above stocks?

Stocks Ex-Dividend Dates: Important Paycheck dates

For a Dividend Growth Investor (DGI) like readers of this blog and yours truly as well, Ex-Dividend date (or simply ex-date) is very important date like a D-Date. If you own a share prior to this date, you get to receive the dividends as passive income.  For example: If you buy a stock on 8/31 and ex-dividend date is 9/01, and sell it on 9/01, you will keep the dividends, even if you own the share for just a single day. This is miraculous power of Ex-Dividend date and that’s why DGI investors look at these dates and consider as “one” of the factor while purchasing stocks, besides P/E (price/earnings) ratio, PEG (price/earnings to growth) ratio and many others. Note that: if you purchase a stock on its ex-dividend date (9/01), you will not receive dividends, you generally need to buy at-least 1 day (8/31) prior to this date (9/01).

On day of Ex-Dividend Date, dollar amount of dividends is subtracted from stock price and stock is re-priced at a new price when the opening bell rings at exchange (NYSE or Nasdaq). This is done to protect new buyers and someone taking unfair advantage. Total value of the stock on ex-dividend date and prior date are therefore theoretically same, of-course, stock price can still change on, prior or after ex-date due to other economic or other reasons.

Typically, these dividends are paid after a period of time: it could be ranging from days to few weeks, when you get your passive income paycheck in the mail; you get to cash in at your bank or restock cash for next buy or even drip back to the same stock.

Due to its immense importance of Ex-Dividend dates, I’m writing this post so that readers can consider this factor in their buying calculus for coming month. Here are the Ex-Dividend dates for the stocks that I have in my Portfolio, Pay date and Dividends per share.

Company Symbol Ex-Div Date Pay Date Div/share
Avista Corp. AVA  9/1/2015 9/15/2015 0.33
PepsiCo Inc. PEP 9/2/2015 9/30/2015 0.7025
National Oilwell Varco, Inc. NOV 9/9/2015 9/25/2015 0.46
BHP Billiton plc BBL 9/9/2015 9/29/2015 1.24
Digital Realty Trust, Inc. DLR 9/11/2015 9/30/2015 0.85
Altria Group, Inc. MO 9/11/2015 10/9/2015 0.565
Gilead Sciences, Inc. GILD 9/14/2014 9/29/2015 0.43
New Mountain Finance NMFC 9/14/2015 9/30/2015 0.34
Keurig Green Mountain Inc. GMCR 9/25/2015 10/29/2015 0.2875
Starwood Property Trust, Inc. STWD 9/28/2015 10/15/2015 0.48

Sometimes, companies will announce special dividends, however, they are not frequent and should not expect one. If you get it, consider it as a bonus that was given to you with your regular monthly or quarterly paychecks.

Full Disclosure: Long on all above mentioned stocks.

Do you consider Ex-dividend dates in your buying decision? Love to hear your take.

Recent Stock Purchase IV – August 2015

I thought July was a crazy month, it appears that August is turning out to be even bigger, folks! Market is in psychic mode with yuan devaluation and china slowdown weighing hard, Dow dropping more than 500+ points on last Fri: 8/21. However, I took advantage of great offers on the block and invested $6,301.40, a record for me. I plan to use these Dividend Growth Investing stocks to grow my passive dividend income in coming weeks and months. My portfolio is here: Freedom Race Portfolio.

Below are the companies that I put my capital on towards my race for earning $3000 per month in 3000 days.

1) Apple Inc. (AAPL): 5 positions at $110.00 on 8/21: $550.00
2) BHP Billiton plc (BBL): 10 positions at $35.58 on 8/17: $355.80
3) GlaxoSmithKline (GSK): 10 positions at $43.86 on 8/17: $438.60
4) Johnson & Johnson (JNJ): 5 positions at $98.44 on 8/17: $492.20
5) JP Morgan Chase & Co. (JPM): 5 positions at $65.00 on 8/21: $325.00
6) Kinder Morgan, Inc. (KMI): 10 positions at 33.98 on 8/17: $339.80
7) Microsoft Corp. (MSFT): 10 positions at $45.00 on 8/21: $450.00
8) ONEOK Inc. (OKE): 10 positions at $35.00 on 8/18: $350.00
9) The Proctor & Gamble Comp. (PG): 5 positions at $75.00 on 8/17: $375.00
10) Phillip Morris Intl., Inc. (PM): 25 positions at $83.00 on 8/21: $2075.00
11) Wells Fargo Inc. (WFC): 10 positions at $55.00 on 8/21: $550.00

It was quite a shopping third week of Aug., to say the least, and my cart is getting filled to the brim. Market indeed pushed me harder to run my race. However, it will help me to catch up towards my goal. Now, I’ve 48 wonderful companies in my portfolio and my initial goal is to own close to 50 companies so that I’m fully diversified across various sectors and not putting all eggs in one.

The beauty of growing dividends is that they will be working for me to earn more dividends, setting off a compounding engine and snowball. That will propel me towards the cherished land of financial independence.

Full Disclosure: Long on above mentioned stocks.

Thanks for reading.

Do you own any of above stocks or planning to own?

Recent Stock Purchase III – August 2015

I made few purchases 2nd week of August. Market has been swinging this summer. I invested $3,156.68 last week. I plan to use these Dividend Growth Investing stocks to fuel my passive dividend income in the coming weeks and months. My portfolio is here: Freedom Race Portfolio.

Below are the companies that I put my capital on towards my race for earning $3000 per month in 3000 days.

1) BP plc (BP): 10 positions at $36.00 on 8/13: $360.00
2) GlaxoSmithKline (GSK): 10 positions at $43.70 on 8/12: $437.00
3) Kinder Morgan, Inc. (KMI): 10 positions at $33.13 on 8/12: $331.38
4) ONEOK Inc. (OKE): 10 positions at $36.27 on 8/12: $362.70
5) Phillip Morris Intl., Inc. (PM): 5 positions at $85.00 on 8/11: $425.00
6) Royal Dutch Shell plc (RDS B): 10 positions at $56.76 on 8/14: $567.60
9) AT&T Inc. (T): 20 positions at $33.65 on 8/12: $673.00

Market is pushing me harder to run my race, though, it will help me to catch up towards my goal. Now, I’ve 47 wonderful companies in my portfolio, close to my initial goal of owning 50 companies so that I’m diversified across various sectors and not putting all eggs in one basket.

I’m excited to report that my portfolio crossed half of 6-figures: $50,000.00+ that is an achievement for myself as well as inspiration for the readers, especially, when I started my race from zero. It is possible to achieve FI if you strive for it and keep working on it: slow and steady wins the race!

Full Disclosure: Long on above mentioned stocks.

Thanks for reading.

Do you own any of the above companies or contemplating to buy?

Recent Stock Purchase II – August 2015

Holy cow! I thought July was a crazy month, it appears that August is turning out to be bigger, folks! 🙂 I made several purchases very first week of August. Market was moody last week and there were many great offers. I was lucky to snag Shake Shack (SHAK) at a great price: $65.00 and Keurig Green Mountain Inc. (GMCR) that dropped in price: $53.00. I invested 4,381.45 during last 3 days of Aug, 5-7th. I plan to use these Dividend Growth Investing stocks to fuel my passive dividend income in the coming weeks and months. My portfolio is here: Freedom Race Portfolio.

Below are the companies that I put my capital on towards my race for earning $3000 per month in 3000 days. Last month, I completed 90 days of race, what a zapping race it has been, so far.

1) Abbott Laboratories (ABT): 10 positions at $50.00 on 8/07: $500.00
2) BHP Billiton plc (BBL): 10 positions at $36.26 on 8/06: $362.60
3) Emerson Electric Co. (EMR): 5 positions at $49.77 on 8/06: $248.85
4) Keurig Green Mountain Inc. (GMCR): 10 positions at $53.00 on 8/06: $530.00
5) Main Street Capital (MAIN): 10 positions at $30.00 on 8/05: $300.00
6) Realty Income Corp. (O): 10 positions at 48.00 on 8/05: $480.00
7) Phillip Morris Intl., Inc. (PM): 5 positions at $85.00 on 8/07: $425.00
8) Shake Shack (SHAK): 5 positions at $65.00 on 8/06: $325.00
9) W.P. Carey (WPC): 20 positions at $60.50 on 8/05: $1210.00

It was quite a shopping first week of Aug. and my cart is getting filled to the brim, however, my capital is getting thin now. Market indeed pushed me harder to run my race. It will help me to catch up towards my goal. Now, I’ve 46 wonderful companies in my portfolio and my initial goal is to own close to 50 companies so that I’m fully diversified across various sectors and not putting all eggs in one.

I’m excited to report that my portfolio crossed half of 6-figures: $50,000.00+ that is an achievement for myself as well as inspiration for the readers, especially, when I started my race barely 100 days ago. It is possible to achieve FI if you strive for it and keep working on it: slow and steady wins the race!

Full Disclosure: Long on above mentioned stocks.

Thanks for reading.

Did you purchase any of the above companies.