Dividend Income

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Update 5/1/2015

Total GE shares:
17500@.23= $4025.00

Total T shares:
4524@.47=$2126.28

Total FE shares:
1900@.36=$684.00

Utilized AEP proceeds and some of KMP proceeds to pay for slab repair on rental.

Update: 1/31/2015

Total GE shares:
17415@.23= $4005.45

Total T shares:
4477@ .47= $2104.19

Total AEP shares:
1555@.53= $824.15

Total FE shares:
1900 @ .36= $684.00

Total VAFAX Dividend:
$ 3758.23

Total JAMAX shares:
$ 982.17

Update: 10/27/2014

First dividend of the quarter

Total GE Shares:

17220@.22=$3788.40

Total KMP Shares:

345@1.40=$483.00

Total T Shares:

3518@.46=$1618.26

 

 

 

I am currently in the process of getting the dividend information calculated.

7/27/2014

TOTAL GE Shares:
17050@.22= $3751.00 last quarter

Total FE Shares:
1900@.36= $684.00 last quarter

Total KMP Shares:
345@1.38= $476.10 last quarter

Total AEP Shares:
1555@.50= $777.50 last quarter

Total T Shares:
3518@.46= $1618.28 last quarter

 

24 Responses to Dividend Income

  1. Wow, that is some serious positions and dividend income. Just my rough math… carry the one… Almost $30k! Pretty rock solid! Looking forward to seeing and hearing more about your investing life!

    • Cool, I will outline a few of the things I have done and still plan to do to increase the value of my positions. Not all of it is only dividend reinvesting. Still have a little trading plan that is in place, but the dividend reinvesting is possibly the best long term wealth builder overall. Either way, compounding is part of the plan.

      Keep cranking,

      Robert the DividendDreamer

  2. Well done Robert! I can only dream about having 30K in dividends each year.

    Aren’t you too concerned that all your money is tied up in 5 stocks?

    FRD

    • I hold 15 stocks, but the holdings are very limited in comparison. The mutual funds have been with me for a while now, but they do not always pay consistant dividends, and they are just reinvested right back into the funds.
      I was really sweating it back in 2009,
      but I held the course. The dividends have been increasing along with the share prices. However, most of my stock holdings have not participated in this rally of the past years. That is to say, GE is not even close to pre recession prices, whereas most of the companies that are being bought have appreciated tremendously. With the industrial cycle being so long in the tooth, it is coming to the point where big items are going to be almost certainly changed because of wear or because of efficiency. Think of jet engines, power plant turbines, hydro electric generators and wind power etc. I want to be there when and if it GE ever participates in the uptick in this cycle. It looks like it might be starting, but you always need to be in when the things are bad, so that you can reap the rewards when things get good. It may never be a blockbuster for me, but over the next few years, the dividend on GE should be solid and the company is in no way what it was before the recession. Am I worried? Yes, I worry every day. That is why I also have a little real estate and some gold and silver. I want to be way more diversified, and I am doing it by purchasing new stocks with the dividends and some new money. I just put lost of it out of mind to so I can complete some of my other tasks. Thanks for stopping by and good luck to you.

      Keep cranking,

      Robert the DividendDreamer

  3. Over $3,700 a quarter…from one stock! Most of us are dreaming at those kind of numbers. You are doing a great job of inspiring us. Thanks for posting.

    -John

  4. Nice work πŸ™‚

    I hope to earn this much at some point!

    Cheers,
    Mark

  5. OMG! Nearly $30K in annual dividend income!! Obviously you’ve been in the dividend income game way longer than most people, and you’ve reached a level that anybody can achieve with time, patience, and determination. I’ve been in the game for over six years and I’m at a level ($6K) that I could only dreamed about when I started. Well done, and keep that snowball growing!,

    • I got a good number of my shares through trading over the years, and then I just sort of let them ride in dividend stocks and reinvest the dividends. A few lucky trades and a couple of bad ones along the way though. Just got to keep plugging along. Once you get about 15-20 years under your belt, the passive income stream will be a major portion of your income. I have most of it in IRA accounts, so no taxes and no issues with the trading if I get a big bump. Hard to keep trading in open account if you have to pay taxes at the end of the year and you get hooked into a bad trade at the end and do not have the money for the short term capital gains. In an IRA, you can have all the capital gains possible and initiate a bad position and let it ride until it rebounds- so it is way easier to deal with, but it takes quite a few years to build a sizable position. Thanks for stopping by. Keep in touch.

      Keep cranking,

      Robert the DividendDreamer

  6. Bob2538 says:

    Hi Robert,

    I’m 30yrs old. What if I only have $250 per month to invest. How far will 250/month get me? Is it even worth investing?

    • There is no such thing as “only” when investing. That would be $250.00 working for you to draw passive income for your future. With each additional amount, you will increase your passive income. It is the compounding effect of receiving dividends on your dividends that will eventually lead you to an ever increasing stream of passive income. Thanks for stopping by. Good luck.

      Keep cranking,

      Robert the DividendDreamer

  7. Very impressive Robert! Keep up the good work.

    • Thanks. Hopefully, the growth projections continue. Also, I would not mind most of my dividend stock holdings to stay down or even go lower so I can buy more and see the compounding truly kick in.

      Stay in touch.

      Keep cranking,

      Robert the DividendDreamer

  8. That’s just phenominal growth. 400 shares a Q, just on GE. Thanks for the insperation.

    • The last quarter was nice, but I had to clear some shares to pay an expense. Hopefully, I will see some movement to the upside this next quarter. Thanks for stopping by. Good luck.

      Keep cranking,

      Robert the DividendDreamer
      AKA — Seeking Dividends

      Follow me on Twitter– Seeking Dividends@DividendDreamer

  9. EternalYield says:

    Hello Robert,
    very impressive to see so much dividends from one stock. I hope you are able to handle the volatility behind – that is not easy.
    Thank you for sharing your portfolio and best regards
    EternalYield

    • Thanks. It sure is a roller coaster ride-for sure. However, everything in my life has been that way in the recent past, so it is just par for the course. Thanks for stopping by. Good luck!

  10. Pingback: 10 Dividend Investing Experts Worth Following - Dividend Reference

  11. That is some fantastic passive. I also running a race of 3000 days for $3000. You are almost there and i’m just starting πŸ™‚ Keep racing!

  12. Keep it up and don’t just focus on the dividend income,capital gain is very important as well! My 2 cents!

    • As long as the gains are in an IRA, all is good. I like those kinds of gains especially.

      Thanks for stopping by.

      Keep cranking,

      Robert the DividendDreamer
      AKA — Seeking Dividends

      Follow me on Twitter– Seeking Dividends@DividendDreamer

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