This year is seriously flying by! I barely had time to notice all of the green from spring and now temperatures are already approaching 100 degrees on hot days. However, I do have a vacation to Hawaii planned for July to relax that I’m excited about.
Below is a summary of my activity for the month:
New Purchases: $6,564
$950 of ESV
$400 of TGT
$250 of KMI
$200 of UL
$200 of FDO
$200 of JNJ
80 WFC – $3964
Posts about new purchases can all be found by following the “Buys” label here.
I decided to close out one of my options positions in TGT. TGT has been under weakness and I didn’t want to get both puts assigned. I squeezed out a small profit of $48. I also had a KO put expire worthless collecting the full premiums of $177. I had one new put I sold in BBVA and I’ll collect $226 if it expires worthless next January. I plan to have more options activity the second half of the year.
My total profit for the year is $900.00.
I’ve updated all of these trades on my Options tab and you can find these trades on my options label.
OHI – 100
BBVA – 117.71*
TGH – 42.30
CLX – 36.21
VZ – 61.48
GIS – 26.65
CAT – 37.31
KMI – 141.85
APD – 35.63
TD – 60.12
DE – 15.34
* – paid end of April but included for May
I earned $674.60 in dividends for the month. This is an increase of 135% from the same month last year. My total year-to-date dividend income is $3465.01. This is 34.7% toward my goal of $10,000 in dividends for the year.
I’ve updated my dividend income on my Dividends tab.
Forward 12-month Dividends:
My expected forward 12-month dividend income has increased to $10,449.69 from $10,114.55, a 3.3% increase since last month. I am behind on my goal of 14,000 by year’s end. I hope to acccelerate my purchases the second half of the year to catch up.
You can find all of my monthly dividend information from the Dividends page.
The following 2 companies in my portfolio increased their dividends this month.
I’ve now had 20 companies increase dividends so far this year.
These increases can also be found on my Dividend Increases label.
I completed my first goal in April of closing on a 3rd rental property. The next goal I’ll probably hit will be to finish the Yakezie challenge that I started in January or reaching 300,000 page views (currently 210k).
These goals can be found on the Goals tab.
I have finally moved into my new office. That’s one reason I haven’t been able to post much lately is that I’ve been so busy getting everything set up. I’m finally settled and ready to grow my business further. We also bought a kegerator and are planning on tapping that really soon with a local craft beer.
All rentals are leased but I have the condo lease coming up for renewal in two months. We’ve reached out to the tenants with no response so far to see if they are renewing. I’m not too worried since it leased in one week last year.
I continue to post my electric bill and I still have a credit from the city due to me producing more electricity than I’m using. I plan to use up those credits in the summer when demand is much higher on the A/C units. I’ll continue posting updates. You can find my latest electric bill and any other solar updates here.
All of my other real estate posts will be found on my real estate label.
I’m now at $670k, up from $654k. This is a $16,000 increase in one month. Some of this is due to gains in the market but the majority is still from income. As my portfolio grows, the fluctuations in the market will have a much greater effect on my net worth value.
You can find the details of this on my Net Worth page.
My expected dividends for June are $1390 which would set a new record.
I will be contributing more to purchases in June once again and hope to keep increasing purchases the rest of the year. My goal of 14k in forward income looks really tough to obtain right now though.
I also signed up for Motif Investing. You can find a review a wrote by following that link. I’ve already made my first purchase and will share that soon.