September 2015 Update

A single purchase for September

During September I made a small purchase of Amgen (AMGN).  It seemed to be a good time to buy and it starts me on the way to expanding the number of holdings in the healthcare sector.  I discuss my purchase in this article.

Year over year dividend comparison for September 2015

  • Dividend income for September was 66.4% above last year’s monthly total (and a record month)
  • On a YTD basis through September, dividend income was 40.8% above last year.

Stock Sales For September

  • None

Dividend Increases for September  ( I love pay raises)

  • Philip Morris (PM) bumped up their dividend by 2%, ex-div September 28th.  Disappointing, no doubt, but not entirely unexpected.  Guess I’ll take it.

2015 YTD forward dividend income (through September)

  • Stock purchases have added 15.68% to our dividend income
  • Dividend increases have added 4.21% to our dividend income
  • Stock sales have decreased forward income by 5.71%
  • Overall, our YTD forward dividend income increase is 14.18%.

Best wishes and happy investing!

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7 responses

  1. A dividend raise is a dividend raise. I’ll take it from PM too. Nice year over year growth too. The magic of dividend investing. Raises + fresh capital + reinvestment can do wonders.

    1. Hi DH,

      Indeed…. a raise is a raise. Way better than a kick in the teeth. In my case, this has been a less than satisfying year for dividend increases. I’m paying a bit more attention to the companies that might help me improve that situation. Thanks for stopping by. Take care.

      Steve

  2. That’s quite an impressive YOY growth DG. I wouldn’t sweat PM’s dividend growth too much. I think once the currency headwinds ease well see growth return.

    1. Hi Captain,
      Thanks for your comment. I definitely can’t complain about the YOY div growth. I wanted to get the income ball rolling and I guess I’m moving in the right direction. When it comes to PM, we shall see. I suspect you are correct as to the currency issues. I’ll let PM continue sending me money and wait patiently for future raises.

      BTW… I love your chart of income progress. I wanted to comment on your blog but for some reason it’s not letting me post there.

      Steve

  3. Like you said PM’s paltry raise was expected. I also want to up my healthcare exposure and there’s some decent values being offered now. Solid YoY growth in your dividends for September! Consistency is the key to DGI because it’s definitely not a get rick quick scheme.

    1. Hi JC,

      Thanks for stopping by. I’m content with our YOY progress. The only way to continue upward is as you say… consistency. Gotta keep at it. One step on the ladder at a time.

      Steve

  4. I guess to many time with very low interest rates will make solid div increases more and more rare…

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