Sunday, July 31, 2016

Dividend income & raise July 2016

In contrary to June, July is a slow month. Not many companies pay their dividends.
Despite that, it was a good month compared to last year!

Dividend income

KO $14.70
GE $9.20
CSCO $5.46
BA $10.35

Total July: $39.71 (pre tax)
Net received: $33.75

Comparison with last year (gross)
July 2015: $22.73
July 2016: $39.71

This is a 175% YoY increase. I think I'm in love with this compounding strategy! It's amazing to see these results in just 12 months of steady investing.

Dividend raises

On July 14th, OHI increaseed their quarterly dividend from $0.58 to $0.60.
This is a 3.45% increase. Due to this change, my YOC is now at 7.17%.

That makes OHI my first position that is reaching the 10% YOC. Reaching 10% in 10 years is great, but if the company keeps raising dividends at this pace, we will reach 10% YOC in just 5 years!

Update on goals
My goal is to receive $750 in net dividends in 2016.
Time flies, as 2016 is already over for 58%. Only 5 months remain!

Net dividends received so far: $339.73, while it should have been $435.
I'm way behind and I'm a little bit concerned about this goal, but I will keep investing as good as I possibly can.

How was your July?

Thanks for reading!

Thursday, July 28, 2016

Recent sell - CAT

Today I sold my position in CAT.

One reason for this is the disappointing Q2 earnings report, which went public last Tuesday.
EPS down to $0.93, from $1.31 last year. Despite the bad news, the share price was very close to hitting the 52-week top value of $84.29.

Of course, bad news could also be a reason to buy more.
In this case however, the outlook for CAT does not look promising at all to me. Growth in China is halting and commodities are low. The company basically struggles with all their sectors.

Let's see what happened during my time as a shareholder of CAT.

08/09/15 - Bought 12 shares at $73.75 for $885.00
11/01/15 - Received $9.24 in dividends
02/01/16 - Received $9.24 in dividends
05/01/16 - Received $9.24 in dividends
08/01/16 - Yet to receive $9.24 in dividends
07/28/16 - Sold 12 shares at $83.45 for $1001.40
Net profit: $153.36 (17%)

Any thoughts?
Are you concerned about CAT's nearby future as well?

Thanks for reading!