Saturday, November 24, 2018

368 Dividend Payments Per Year

On November 10th I had posted about getting 284 dividend payments per year. Since then I've bought more stocks/ETFs (exchange traded funds) to reach getting 368 dividend payments per year. I wanted to reach getting over 365 dividend payments per year because there are 365.25 days in a year. If I'm receiving 368 dividend payments per year, then it's like getting one dividend payment every day.

Now, I'm not actually getting paid every day, but on average, a stock or ETF is paying me a dividend every day.

  • I have 60 stocks/etfs in my Robinhood Portfolio
  • 58 stocks/etfs pay a dividend
  • 17 stocks/etfs pay a monthly dividend (12 payments/year)
  • 41 stocks/etfs pay a quarterly dividend (4 payments/year)

I won't be adding any money out of my pocket to Robinhood for awhile, because real life expenses have popped up. I'm hoping with the dividend payments I'll receive, I'll be able to buy more shares of the stocks/ETFs I already have. 

If you were able to take time off this week for the holiday, I hope it was restful and a time to reconnect with friends or family (the ones you want to reconnect with :)



Saturday, November 17, 2018

"Dividends" this past Week

The reason dividends is in quotes in the title is because I haven't technically received these dividends yet. Robinhood is transitioning to their own clearing system, so there's some lag time in getting paid these dividends. Regardless, below are the dividends I "received" this past week.

DateStock/ETF NameTicker SymbolDividend AmountCurrent Yield
11/13/2018Global X SuperDividendSDIV$0.818.02%
11/13/2018Global X SuperDividendDIV$0.276.45%
11/15/2018Realty Income DelawareO$0.225.15%
11/15/2018Abbott LaboratoriesABT$0.282.89%
11/15/2018Hormel Foods Corp.HRL$0.192.03%
Total Dividends this Week$3.96

I'm pretty happy with the 8% yield on SDIV. SDIV, DIV, and O all pay monthly dividends. The bad part is that I believe they're all "unqualified" dividends, which means they don't get a tax discount like "qualified" dividends do. 

I bought more dividend stocks this past week, and will share all my current stocks in another post. I look forward to reaching getting paid on average once per day by dividends. I'm almost there!



Sunday, November 11, 2018

Apple continues to buy back shares

On Wednesday, November 1st, 2018, Apple announced their Fiscal Year 2018 4th Quarter earnings.

I check the Consolidated Financial Statements approximately every quarter to see how many shares Apple has outstanding, or available to public and not bought back by Apple. This latest quarter, Apple continued to buy back their own shares. With fewer shares available to buy, the supply goes down, so the demand goes up. Fewer shares doesn't automatically mean the stock will go up, but as of right now, I don't see Apple going anywhere, so there should still be a demand for Apple stock.

Below is my table that I use to track shares outstanding for Apple.

Date EndedYear - QuarterBasic - Shares Outstanding
12/31/2013FY14 Q16,272,504,000
3/31/2014FY14 Q26,123,302,000
6/30/2014FY14 Q36,012,635,000
9/30/2014FY14 Q45,933,845,000
12/31/2014FY15 Q15,843,082,000
3/31/2015FY15 Q25,793,799,000
6/30/2015FY15 Q35,729,886,000
9/30/2015FY15 Q45,646,916,000
12/31/2015FY16 Q15,558,930,000
3/31/2016FY16 Q25,514,381,000
6/30/2016FY16 Q35,443,058,000
9/30/2016FY16 Q45,366,912,000
3/31/2017FY17 Q25,225,791,000
6/30/2017FY17 Q35,195,088,000
9/30/2017FY17 Q45,149,428,000
12/31/2017FY18 Q15,112,877,000
3/31/2018FY18 Q25,024,877,000
6/30/2018FY18 Q34,882,167,000
9/29/2018FY18 Q44,801,589,000

For me, and this is not financial advice, I will keep buying Apple shares when I can. The continuation of buying back shares is a good sign to me. Apple stock price took a big hit lately with the October correction, but I believe it will go back up with time. 



Saturday, November 10, 2018

284 Dividend Payments Per Year

As of Friday (yesterday) I have 43 stocks that pay dividends in my Robinhood Portfolio. These 43 stocks will pay 284 dividend payments in the next rolling 12 months. This is the equivalent of getting paid 284 times in the next rolling 12 months, or 77.8% of the days in a year.

  • 284 dividend payments / 365.25 days/year = 77.75%
If I wanted to reach getting ~365 payments a year, I will need 365 - 284 = 81 more dividend payments. If the average stock pays four dividend payments a year, I need about 20 more dividend paying stocks to reach getting paid approximately once per day from stocks. 

Now, I have quite a few stocks/ETFs (exchange traded funds) that pay monthly, or 12 times per year. If I bought more of these, I'd only need about seven more stocks/ETFs to reach getting paid approximately once per day. 

Here are the updates numbers on the dividends I've received in 2018 - 

Dividends Received in 2018$78.58
# of Dividends Received in 2018183
Average Dividend Payment Amount$0.429

The average dividend payment is still pretty low, at about $0.43 per dividend payment, but that will increase once I start buying more shares of shares I already own, along with those companies increasing their dividend payment. 

My current Mission is to reach ~365 dividend payments by the end of the 2018 calendar year.