Below is a summary of my activity for the month:
New Purchases – $12,711 (net):
$1800 of TGT
$800 of DE
$800 of PM
$250 of MDT
$250 of BDX
58 shares of VZ @ $48.24/share ($2798)
56 shares of VOD @ 41.44/share ($2329)
100 shares of KO ($3684) – put assignment
Posts about new purchases can all be found by following the “Buys” label here.
I didn’t have a lot of options activity in February. I sold two new puts, in PM and MAT. The PM put was actually the larget premium I’ve ever gotten, 9.00 or $900 for 1 put. I also had a KO put assigned so I was able to pick up another 100 shares. I was happy to pick up more KO at a price below my basis and below market value. My total profit for the year is $118.00.
I’ve updated all of these trades on my Options tab and you can find these trades on my options label.
I earned $510.20 in dividends for the month. This is an increase of 102% from last February. My total year-to-date dividend income is $760.14. I’ve updated my dividend income on my Dividends tab.
Forward 12-month Dividends:
My expected forward 12-month dividend income has increased to $9690.68 from $9330.19, an 3.9% increase since last month. You can find my all of my monthly dividend information from the Dividends page.
The following 6 companies in my portfolio increased their dividends this month.
KO – 8.9% increase announced on 02/20
LO – 12% increase announced on 02/20
OMI – 4.2% increase announced 02/10
PEP – 15.4% increase announced with earnings week of 02/14
TD – 9% increase announced on 02/27
TEVA – 5% increase announced on 02/06
Most of these increases were mentioned and can be found on my Dividend Increases label.
I mentioned closing on a commercial property for my business at the end of 2013. The permitting for construction is taking longer than expected. I’ll make sure to create a post about this purchase, it’s long overdue I know!
I have an offer accepted on a third rental property that I’m hoping to close on at the end of March. If you read my post about this I calculated a ROI of 8% after all costs involved. I’ll be sure and post an update once I know the exact costs and see what I get for rent.
I posted my electric bill for a full month on solar. I also received some clarification on reading my bill that I’ll post on the next update. It looks like I’ll pay next to nothing for electricity over the next few months at this rate. I’m still happy about the purchase of the panels.
All of my real estate posts will be found on my real estate label.
I’m now at $608k, up from $599k. There would have been a much larger increase but due to a larger anticipated tax payment in April, those costs brought it down. I’ve also put down some earnest money on a new rental that isn’t counted yet but should be by the end of next month.
My expected dividends for March are $1446. Yes, March is one of my best dividend paying months. These dividends will come in handy and go towards a down payment on my newest rental.
My new purchases are going to be significantly smaller over the next two month until my rental is closed and tax time is over. I’m hoping to catch up the second half of the year.
I’m getting close to $10k in forward annual dividend income that I should hit in the next couple of months.