Latest Sale: INTC

So, after Intel announced the same dividend for the 6th time in a row I decided to sell my shares. I discussed Intel in this post.

For me, the future is too blurry for Intel. They've missed the Phone market. PC sales are contracting. Future cash flows are hard to predict for me, therefore it is hard to know if the stock is cheap, expensive or fairly valued. I decided to sell and find a better use with the capital.

I sold my 50 Shares for $23.00. I originally purchased them on May 22, 2012 for $26.10. I got $1.125 of dividends in those 16 months. A loss of $1.975 per share or about 7.6%.

This sale reduces my annual dividend with $45.00

I haven't decided what I'm gonna buy yet, XOM, CVX, WMT, Nestle, DPS all seem reasonable at the moment.

I'm Getting Spoiled With Dividend Raises

The main focus of my portfolio is to purchase stocks that raise their dividends in the future. The stream of dividend will grow over time due to reinvested dividends, investing fresh capital and companyie raising their dividend. In the few weeks four of my companies raised their distributions to their loyal shareholders.

Altria Group (MO) - Announced that its board of Directors voted to increase Altria's regular quarterly dividend by 9.1% to $0.48 per common share versus the previous rate of $0.44 per common share.

Philip Morris (PM) - Announced a 10.6% dividend hike. The Board of Directors agreed to raise the company's quarterly dividend to $0.94 per common share up from $0.85 a share.

Microsoft (MSFT) - Announced on Tuesday that its Board of Directors declared a quarterly dividend of $0.28 per share, reflecting a $0.05 or whopping 21.7% raise over the previous quarter. On top of that, the Board of Directors also approved a new share repurchase program up to $40 billion in share repurchases.

McDonald's (MCD) - McDonald's Board of Directors declared a quarterly dividend of $0.81 per share. This represents a 5.2% increase over the company's previous quarterly dividend.



The big surprise was Microsoft. I expected a 2-3 cent, or 9-13% raise, I'm got a 22% raise! Great. This is what it's all about. Seeing my dividends get raised. It makes my day when I read I'm getting a pay raise, especially when it's way more than I expected!

Thanks for reading.

August 2013 Dividend Income Update

Another month over, another month of dividends hitting my account. The taper-talk is getting a bit old. Interesting to see what happens to the market when the FED reduces stimulus. I have been building op some capital in the last few months, even tough I'm long stocks, I root for a pullback in the markets, I have some dry powder I'd like to use!


Here's the dividend update for August 2013:

Dividends Received

• GIS: $14.06
• T: $17.10
• MA: $1.80
• ABT :$2.80
• ABBV: $8.00
• KMI: $33.20
• PG: $10.83

Total dividend income for August: $87.79

My 2013 goal is $1000, so far I'm 61.49% of the way there, my progress is tracked here.

Looking forward, next month will be a big month for me, more than half of my positions will be paying out. I'm also expecting dividend increases from MCD, MSFT and PM. I can't wait!

Thanks for reading