SALES
As noted in the narrative for our dividend stocks portfolio, we are in the process of re-balancing our portfolio to meet our current stock criteria. Some of our holdings, therefore, do not reflect our current goals, but we are in the process of selling a few of them as they reach our limit price. We continued to sell a few shares this past month but still have a bit more to go. My goal is to finish the transition sometime before the end of the year. We definitely made some great progress towards this goal in the month June.
With that said, we have sold the following 6 positions this past month:
6/3/14
25 shares of EXC (Excelon Corp) at $37.05 ($926.25)
- Estimated Annual Dividend Lost: $31.00
6/6/14
100 shares of BSBR (Banco Santander Brasil) at $7.00 ($699.98)
- Estimated Annual Dividend Lost: $21.60
6/9/14
73 shares of CIG (Companhia Energetica de Minas Gerais) at $7.66 ($559.18)
- Estimated Annual Dividend Lost: $55.63
6/18/14
75 shares of CIG (Companhia Energetica de Minas Gerais) at $8.30 ($622.50)
- Estimated Annual Dividend Lost: $57.15
6/19/14
50 shares of BSBR (Banco Santander Brasil) at $7.12 ($356.00)
- Estimated Annual Dividend Lost: $10.80
6/19/14
25 shares of EXC (Excelon Corp) at $37.05 ($926.25)
- Estimated Annual Dividend Lost: $31.00
TOTAL VALUE OF ALL SALES: $4,090.16*
OVERALL DECREASE TO ANNUAL DIVIDENDS: $207.18
*We receive 100 free trades per year through our brokerage account so there was no commission paid on these sales.
PURCHASES
June was a light month as we only made a total of 3 purchases during the month. All of our purchases was to increase our position in ARCP. We should see an uptick in our buying activity in the coming month as we are now sitting on approximately $3,000 in cash reserves received from our recent stock sales. We will definitely look to initiate some purchases in the upcoming month to replace the dividend income that we had lost from our recent sale.
The following are the actual buys that we made during the month of June:
6/9/14
25 shares of ARCP (American Realty Capital Properties) at $12.33 ($308.25)
- Estimated Annual Dividend Received: $25.00
20 shares of ARCP (American Realty Capital Properties) at $12.18 ($243.60)
- Estimated Annual Dividend Received: $20.00
6/11/14
40 shares of ARCP (American Realty Capital Properties) at $11.95 ($478.00)
- Estimated Annual Dividend Received: $40.00
TOTAL SPENT ON NEW ACQUISITION: $1,029.85*
OVERALL INCREASE TO ANNUAL DIVIDENDS: $95.00
*We receive 100 free trades per year through our brokerage account so there was no commission paid on this purchase.
DIVIDENDS
June was an average month in terms of dividends received. Glad to see the monthly dividend back near our monthly average. So far this year, we are averaging $133.44 in dividends each month. However, since we are in the process of re-balancing of our portfolio, there may be a brief period where our monthly average will dip because of the sold positions. Well, at least until we replace them with new and hopefully more stable and even rising dividends. :)
For the month of June, we receive the following dividends:
For the month of June, we receive the following dividends:
6/03/14 - Dividend from ENB (Enbridge Inc): $6.46
6/09/14 - Dividend from BBD (Banco Bradesco): $0.71
6/10/14 - Dividend from TGT (Target Corp): $4.33
6/10/14 - Dividend from EXC (Excelon Corp): $34.08
6/13/14 - Dividend from ARCP (American Realty Capital Properties Inc): $6.25
6/20/14 - Dividend from ESV (Ensco PLC): $7.50
6/30/14 - Dividend from FTR (Frontier Communications): $62.86
6/30/14 - Dividend from BPY (Brookfield Property Partners): $1.07
OVERALL DIVIDENDS TOTAL THIS MONTH: $123.26*
* We currently receive our dividends as cash in all stock positions held.
In case you interested, our family's dividend stocks portfolio may be found by clicking on the link below:
Curious why you bought ARCP 3 times over 3 days. No commission helps but why not 1 big order to make it easier?
ReplyDeletePMU - I wanted to add more shares to a current holding but wanted some protection from prices continuing to fall. I suppose I could have just set a limit buy for the lower amount but I have done that before and ended up missing out because the price never dropped far enough. This was my way of getting in on the action while taking a slightly more conservative approach. The free trades definitely influenced this strategy. I wouldn't have done it had I been charged for all three transactions. :)
DeleteNice income from the dividends for this month. Keep up the good progress, you're doing great.
ReplyDeleteThanks J - Because of the recent sales, my estimated annual dividends has decreased by roughly $110. Unfortunately, that will be showing up in the upcoming reports, unless I can find some replacements dividends through new purchases. :)
DeleteThanks for stopping by and your comment. Cheers! AFFJ