Wealth: March Dividend Income

March 2017 Dividend Income

GME - $30.40

ARII - $6.80

QCOM - $15.37

STAG - $1.75

TGT - $9.00

EMR - $7.68

LB - $4.80

WFC - $8.36

Total March 2017 Dividend Income: $84.16

Total March 2016 Dividend Income: $20.40

Percent Increase: 312% increase

Now that March has come and gone, it's evident that the Dividend Scythe has been hard at work. If we're only looking at the change from the previous year to the current year, the percent increase has been phenomenal! It's enough for me to even wish for a positive increase year over year but an over 300% increase from last year is exactly what I want to see and more! Moving forward, I'm sure that I probably won't see these high percentages as it will be harder to see huge jumps as the portfolio grows but it's incredibly pleasing on the eyes as I get to look at it now. 

Wealth: Stock Purchase

March comes in like a lion and what a month it has been. While I haven't had a chance to do much of any writing at all for the blog, I've still been moving forward with the dividend scythe mission. For this month's purchase, I decided that instead of moving outwards with new acquisitions, I'd rather add more into an existing position while the pot was cold. 

After a quick look through the portfolio for deals to see what was down and priced to buy, I found that Target (TGT) was in the best position to grow outwards. That being said, I added a few more shares to try to buffer the loss of GNC's dividend cut while I wait for what I expect to be a rebound. And even though from what I read, there may never be a rebound for GNC, I believe that it is positioned to do so and I'm willing to bet what I have left in the company to ride it out.

And really, that's what it's all about when it comes to investing. With any company, there comes risk of failure of that company. Every time we bet on a winner, that bet could also be a big loser. You can't win if you never play the game. Only time will tell whether I'm right with GNC. I just hope it's sooner rather than later so that I can sell higher than I bought in and reinvest the earnings into a better dividend paying company.

Purchase Summary

BUY: 25 TGT @ 53.36/share

Total Purchase: $1,341.07

Additional Annual Dividends: $60

Dividend Income: March

March has come and gone but the dividends go on! With the end of the month comes the collection of dividend payments and the compilation of purchases (2!) made this month. Let's get into it!

March 2016 Dividends:

ARII - American Railcar Industries Inc - $6.80
KSS - Kohls - $6.00
EMR - Emerson Electric - $7.60

Total dividend income for March: $20.40
Total dividend income for 2016: $56.92


Stock purchases for the month of March:

3/4/2016 - KSS - Kohls - 12 shares at $47.50/share
3/14/2016 - ARII - American Railcar Industries Inc - 17 shares at $41.77/share


March was a great month for investing. I came away with two new companies in portfolio and only had to give one of my old companies away (dividend cuts suck!). In addition, I also got to cash in on three dividend payments; two of those payments of course coming from the two newly acquired companies. Although it only totals out to $20.40 in payments for the month and this really just offsets the trade fees, it still ramps up the snowball for more and more payments to come.

With that being said, I've closed in on the amount that was accumulated over the entire year of 2015 in just three months. If you don't remember, in 2015, the total dividend payments were a "whooping" $62.25! I'm hoping that next month, I'll pass this amount and soar on forward! The plan then, going forward, is to add further diversification to the portfolio. I feel like it's a very healthy mix right now but I still feel that it has to gain much further growth outwards rather than upwards.

It's important to always remember to diversify. If there are great companies out there, one should have their hands deep in multiple cookie jars if you catch what I'm trying to throw. This also benefits my intelligence as to invest in any of them, I will have to understand what I'm investing in. This means that I'll have to expand my knowledge base of the industries I'll hope to get into.

That's the plan at least. We will have to see if the plan works out the way I hope it does. I've been keeping my eyes on Wells Fargo and I'm hoping and praying that I can grab a piece of the action while the going on it is good.