Sunday, July 23, 2017

Week in Review 29/17




Welcome and thanks for reading!
In this review, I will make a summary of important and interesting news and events over the last week related to my portfolio holdings. Also, I will put together some interesting articles from other websites that caught my attention during the past week.

Friday, July 21, 2017

Recent Buy - CVS Health Corporation (CVS)

Tuesday July 18, I continued my purchase program of CVS Health Corporation and picked 14 shares of it at $ 77.85 per share plus commission.




My overall cost basis of this position increases from $ 78.08 to $ 78.13 per share. I totally hold now 40 shares of CVS and my yield on cost is 2.56%. You can look at my first purchase of CVS here.  


Thursday, July 20, 2017

Dividend Increase – Kinder Morgan Inc. (KMI)


Yesterday Kinder Morgan, Inc. announced that it expects to declare an annual dividend of $0.80 per share for 2018, a 60 percent increase from the expected 2017 dividend. The first 2018 increase is expected to be the Q1 2018 dividend. Additionally, the company plans to increase its dividend to $1.00 per share in 2019 and $1.25 per share in 2020, a growth rate of 25 percent annually. Finally, the board authorized a $2 billion share buyback program, which represents approximately 5 percent of KMI’s current market capitalization.

Before 2016, the company made a bold statement and guided for 6% to 10% dividend growth through 2020. However, Kinder Morgan ran into some trouble with its debt and in an effort to conserve capital and maintain an investment grade rating, it ended up slashing its dividend by 75%, with the yield on shares plummeting, from over 10% to less than 3%. Time will show, if management can be trusted to keep its word this time!

If the planned increase is realized, with current price $ 19.67 (yesterdays close), this raise brings their dividend yield to 4.07%. 

I hold my shares despite the cut in the dividend at the end of 2015 and now I own 200 shares of KMI. If this plann happens, I am a little skeptical, this will increase my portfolio's projected annual net dividend income by $ 44.70 and rises my YOC to 2.43%.


Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Thanks for stopping by!

Wednesday, July 19, 2017

Income and Expenses, Savings Rate for Q2 2017



The second quarter has already passed and it is time to look at how it went and how I managed in my saving goals and how my journey towards financial independence is progressing. Since this is the third year when I keep a stricter control of my spending, I also made a comparison with last year's results. As I mentioned in my first income / expenditure report, I will make a summary on a quarterly basis, because my months in the case of income are very different. This will give me a better view of the overall situation and hopefully will inspire some of my blog readers.



Sunday, July 16, 2017

Week in Review 28/17




Welcome and thanks for reading!
In this review, I will make a summary of important and interesting news and events over the last week related to my portfolio holdings. Also, I will put together some interesting articles from other websites that caught my attention during the past week.

Saturday, July 15, 2017

Recent Buy - Williams-Sonoma, Inc. (WSM)

Yesterday July 14, I bought 25 shares of Williams-Sonoma, Inc. at $ 45.29 per share plus commission.




My overall cost basis of this position decreases from $ 47.76 to $ 46.50 per share. I totally hold now 45 shares of WSM and my yield on cost is 3.39%. You can look at my first purchase of WSM here.  


Friday, July 14, 2017

Dividend Increase – Omega Healthcare Investors, Inc. (OHI)


Yesterday, 13 July Omega Healthcare Investors, Inc. announced a quarterly dividend increase of from $ 0.63 to $ 0.64 per share that’s payable August 15, 2017 to holders of record August 1, 2017. This represents a 1.59% increase to regular quarterly dividends. Maybe this increase appears to be small, but it is worth remembering that, Omega Healthcare Investors prefers to raise the dividend four times a year. The August payment in 2016 was $ 0.60 so 2017's payout represents an 6.67% increase year over year. Omega Healthcare Investors has now increased dividends for 20 consecutive quarters. With current price $ 32.86 (yesterday's close), this raise brings their dividend yield to 7.79%. 

Since I own 150 shares this will increase my yearly net dividends by $ 4.47.

That increase rises my YOC to 7.12%

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Thanks for stopping by!