Weekly DDI Income Update – Week of May 16th – $4134.88
One of the motivations for writing this blog is to track my progress in building the DDI portfolio over a long period of time. It’s interesting to look back and see how far the portfolio has come.
I was just reviewing a post from November 2012 where I was so excited to have $623.77 in monthly income! Hey, 600 bucks is nothing to sneeze at, but I’m way past that now with a current monthly goal of $2000/month.
A little over a year ago, before oil started to slide in price, the DDI portfolio was hitting between $2000-$2400/month, but since a good deal of the DDI income comes from oil royalty stocks (SBR, CRT, BPT, etc…) the income has taken a hit. So I’ve been trying to shore-up the income stream with some other diversified holdings while waiting for oil prices and the royalty stocks to recover.
The good news is that oil has bounced back from the low $30/bbl range and is now closer to $50/bbl which should help the DDI income stream start to recover.
In the mean time I’m continuing to monitor the weekly income and add to the portfolio when I have excess cash to deploy.
For the week of May 16, 2016 the DDI portfolio had 11 income paychecks with payouts on 4 out of 5 days! The total payout for the week was $462.88 in cash + 100 shares of Alliant Energy (LNT) worth $36.72/share. While I’m not planning to sell the Alliant shares now, the total cash payout is equal to $4134.88!
How Many Monthly Dividend Paying Stocks?
I took a few minutes this morning and did a search to find how many stocks make a monthly dividend payment. Take a look at this quick video to find out how many monthly dividend stocks are out there – you might be surprised!
I’ll be keeping an updated list of individual companies that pay monthly dividends on the Monthly Dividend Payers Page.
I’ve been collecting questions from readers of the blog and folks checking out the YouTube channel over the last few months and finally sat down and put together this Q&A video. I hope this will give you a little better sense of how I think about and manage the DDI portfolio.
Take a look and let me know if you have questions about the Daily Dividend Portfolio – you can drop me a line at firstname.lastname@example.org or leave a comment here or on the YouTube Channel.
Top 5 Factors for Choosing the Best Dividend Investments
If you are investing in dividend stocks for income, you already know that there are 1000’s of companies to consider when investing your money. So how to you choose the best place to put your money? You’ve heard it a hundred times – to protect your portfolio, be “Diversified”. But what if you diversify using the wrong mix of companies? It’s not hard to build a really poorly performing portfolio – so how can you avoid those pitfalls and rise above?
Well, there’s no silver bullet, but here are a few things that I look for when adding a new position to the DDI Portfolio.
Here’s my Top Five Factors for Choosing the Best Dividend Investments… Continue reading “Top 5 Factors for Choosing the Best Dividend Investments – Part 1”
Daily Dividend Portfolio 6 Month Update – December 2014
The DDI Portfolio has mostly been on auto-pilot these last 6 months, but has not only continued to pump out the dividends but has had a nice 3% capital gain since the last update in May. That’s a 6% annualized return, on top of the roughly 5% average dividend return the portfolio generates on an on going basis.
DDI Portfolio Holding Changes
You can take a look at the current portfolio as well as the May portfolio here: DDI Portfolio Current Holdings – December 2014
You’ll probably notice that even though I’ve mostly been hands off, I did make a few changes.
I started out with a few trades including:
Aflac – AFL 50 Shares
Cincinnati Financial – CINF 50 Shares
National Retail Properties – NNN 100 Shares
Tupperware – TUP 50 Shares
Vector Group Ltd – VGR 10 Shares
CBRE Clarion Global Real Estate – IGR 300 Shares
Gladstone Investment – GAIN 300 Shares
California Water Service Group – CWT 400 Shares
Douglas Dynamics – PLOW 50 Shares
Gladstone Land – LAND 200 Shares
Sherwin Williams – SHW 5 Shares
Metlife Preferred – MLU 25 Shares
Also during the last 6 months one of the DDI holdings, Northstar Realty Finance issues new shares via a spin-off leaving the portfolio with:
150 Shares of NSAM – Northstar Asset Management
150 Shares of NRF – Northstar Realty Finance
More updates coming soon
Thanks for following along on Facebook and Twitter as well as the blog updates. Remember, I’m always interested in your thoughts and ideas, so if you have a question or comment, don’t hesitate to drop me a line.
That’s it for now – Talk soon!
Daily Dividend Portfolio Update – May 2014
I have to admit, even I didn’t realize it had been almost 2 years since I last updated the Daily Dividend Investor blog! Well, slowly but surely, I’m back and making updates.
I’ve started by finally updating the DDI portfolio holdings page – it’s now up to date as of May 2014 and I’m happy to say that I think I’ve found a little bit cleaner way to display all the holdings. Half the battle with keeping a blog updated is just trying to make things presentable in a half way decent fashion. I hope it’s more readable in it’s current form. I’ve also provided links to download a PDF copy if you’re interested.
I’ve already recorded a few videos that I believe will be helpful for anyone building their own dividend income portfolio. I’ll update the blog once I’ve got them uploaded to YouTube.
Passive Income Seekers
I’m encouraged that even with no significant updates to the Daily https://migrainedaily.wordpress.com/ Dividend Investor blog for the last few years, it continues to get several hundred hits a day! Obviously I’m not the only one looking to build passive income with dividends and I’m glad that you’ve stopped by to take a look.
That’s it for now – just a quick update. Take a look at the new DDI portfolio holdings page and give me your thoughts and feedback – both on the look and feel as well as any questions about the current holdings.
DDI Monthly Income Update: January 2014
A Quick Portfolio Update for the New Year
Let’s start off the New Year with a quick monthly update on the DDI Portfolio to see where things are at.
This month there were a total of 29 income payouts within the DDI Portfolio – that’s right on track to average one paycheck every day of the month. Just a little over a year ago I was excited to see 15 payments a month, or one about every other day. It hasn’t taken long to improve upon that and move towards the next goal of multiple daily payments.
Overall, the DDI Portfolio brought in $1645.81 in passive income through dividends and royalty payments. You can see the complete list of income payments in the spreadsheet below. With this update, I’ve started to track not only the payment dates and amounts but the day of the week the payments are made – for January 2014, Wednesday and Friday were the definite winners.
Top Income Producers for January 2014
Each month I also like to highlight the 3 or 4 top income producers for the DDI Portfolio. This month there were 4 top producers with over $100 each in passive income and together, these 4 producers generated just over $1000!
DDI Top Income Producers:
- Sabine Royalty Trust $362.28
- Healthcare Trust $269.68
- Digital Realty Trust $234.00
- Realty Income $145.73
Off to a Great Start
January is off to a great start for the DDI Portfolio. While I haven’t set my DDI Portfolio goals for the year yet, I do expect to continue growing the amount of passive income that the portfolio generates each month, moving towards $2000/month and beyond.
Look for my 2014 Goal setting post in the next few weeks. In the mean time, let me know about your Income Portfolio. How are you building your own passive income portfolio? I’d love to hear about your best picks or anything that’s worked well for you – I always enjoy getting your input and feedback.