Monthly Report: February 2016

I post an update every month on the taxable dividend income I receive in my brokerage accounts, the non-taxable dividends I receive from my Roth IRA accounts, the market value of my taxable brokerage accounts, the market value of my Roth IRA accounts, the market value of my 401(k) account, and my savings rate.

Below is the monthly report as of February 29, 2016:

Taxable Dividend Income (Total: $20.77)

• Hasbro Inc. (HAS) - $0.08 (Same from February of last year)
• Kinder Morgan, Inc. (KMI) - $4.85 (Decreased 70.59% from February of last year)
• The Procter & Gamble Company (PG) - $10.20
• Realty Income Corporation (O) - $5.51 (Increased 9.98% from February of last year)
• Yum! Brands, Inc. (YUM) - $0.13
• Total taxable dividend income decreased by 3.75% from February of last year.

Existing positions I added fresh capital to this year is YUM.  All other dividend increases are from dividends reinvested and dividend raises from the companies.  Unfortunately, my dividend income from February decreased by 3.75%.  This is attributable to a huge dividend cut from KMI.  Most dividend growth investors have sold their positions in KMI due to the large dividend cut.  For me, I chose not to sell simply because I am a long-term investor with a holding period of forever.  Additionally, I believe that the dividend cut was a sound business move at KMI.  While many investors sold due to the dividend cut and recognized huge losses, right now my unrealized losses are only on the books.  I haven't recognized any loss yet.  I plan on holding onto KMI until its price comes back up again, which I firmly believe it will over time.  It's also nice to know that Warren Buffet has also picked up a large stake in KMI too, which shows he sees great value in this company, not that my investment decisions are determined based on Warren Buffet's moves.

You can see a schedule of all the taxable dividends I have received here.

Non-Taxable Dividends (Total: $99.16)

• Kinder Morgan, Inc. (KMI) - $7.50
• Vanguard Long-Term Bond Index Fund (VBLTX) - $91.66 (Increased 5.62% from February of last year)
• Total non-taxable dividend income increased by 14.27% from February of last year.

KMI is a new stock I added from December of last year.  I am pretty happy with the year over year dividend increase for this month.

You can see a schedule of all the non-taxable dividends I have received here.

Market Values (Total: $296,874.03)

• Brokerage Accounts - $79,133.30 (Decreased 3.31% from prior month)
• Roth IRA - $56,504.49 (Increased 1.12% from prior month)
• 401(k) - $161,236.24 (Increased 1.07% from prior month)
• Total market value decreased by 0.12% from prior month.

I'm not too concerned with the market value of my taxable brokerage accounts since the investment strategy with that is solely to generate a growing stream of dividend income.  As long as the dividends keep coming and are increasing, I'm not too worried.  Nevertheless, it's still interesting to see how it is performing.

You can see a schedule of the market values for my brokerage accounts, Roth IRA account, and 401(k) account as of the end of every month here.

Savings Rate

• 70.00%

Savings rate was excellent for this month!  This is the highest so far year to date.  50% or more in savings rate is definitely a big achievement for me.

You can see a schedule of my savings rate by month here.

How did you do this month?