Oct 02 2015

Dividend Income Report for September 2015

September is now over and we’re firmly moving into fall. Tree leaves are turning various shades of brown, orange, and yellow and the days are getting shorter. My car is covered with dew every morning, and I find myself wearing a jacket more frequently. Here in the northern Oregon/southern Washington region, the summers are usually pretty mild, but not this year. June was as bad as August, and a part of me was looking forward to the cooler yet sunny early weeks of Autumn. The other thing I looked forward to at the end of September was my dividend portfolio’s payouts for the month. Yeah!

So let’s do the numbers and see September’s dividend payout results:

BGY $ 49.00*
CLM $ 70.29*
CIK $ 22.00*
DHY $ 42.00
DMF $ 15.75
DSM $ 22.83
EHI $ 19.25
EXG $121.95
HHY $ 37.50
HQL $ 58.00
HTR $ 38.00
??? $ 1.05**
NCV $ 63.00
OIA $ 4.10
PFN $ 36.00
VFL $ 19.50
TOTAL $620.22

* Includes Return of Capital.
** My employer’s stock, which shall remain anonymous.

Another $600+ month! Nice! That’s three in a row this year. While not as high as May’s record high of $668.58, September’s $620.22 is a decent payout total for the month, so I’m satisfied.

September saw RSO completing its 4:1 reverse stock split. Fortunately, RSO’s dividend payouts will be completely unaffected, because while the price may have been quartered, its dividend quadrupled.

The end of September also marks the end of Q3. Total dividend income for Q3 was $1869.56, a 1.02% increase over Q2. Such little growth is due to the slight cut due to CLP’s conversion to CLM, and to my cutting back the little dividend matching program I ty to maintain, so I couldn’t invest as much as I normally could. I hope Q4 proves to better than Q3.

For October, NCV’s dividend cut from 9 cents per share to 6,5 cents, will take effect. My recent buy of 170 shares of EHI goes a long way towards offsetting the damage to dividend income, and it delayed me a month to reach my next projected monthly dividend income goal of $633.33 per month. Unfortunately, my recent EHI buy was done the day after its ex-div date, so I was too late to benefit from those 170 new shares to payout in September.

Overall, I think September was a so-so month. It wasn’t bad because I cleared the $600 mark again, but the cut to NCV’s dividend and the EHI buy to offset the damage made it a month of no progress in advancing my dividend income. I certainly hope October proves to be better than September.


Image Credit: jarmoluk (pixabay.com)


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