Friday, March 31, 2017

Monthly Report: February 2017

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 28, 2017:

Taxable Dividend Income (Total: $35.58)
  • American Express Company (AXP) - $0.06
  • The Clorox Company (CLX) - $8.00
  • Colgate-Palmolive Company (CL) - $6.63
  • Kinder Morgan, Inc. (KMI) - $4.88 (Increased 0.62% YOY)
  • The Procter & Gamble Company (PG) - $10.04 (Decreased 1.57% YOY)
  • Realty Income Corporation (O) - $5.89 (Increased 6.90% YOY)
  • Yum! Brands, Inc. (YUM) - $0.08 (Decreased 38.46% YOY)
    • Total taxable dividend income of $35.58 increased 71.30% YOY.
I added fresh capital to my existing position in CL.  All other dividend increases are from dividends reinvested and dividend raises from the companies.  PG decreased YOY due to the liquidation of my partial shares from transferring my stocks to Merrill Edge.  YUM decreased YOY due to the spin-off of YUMC.  Overall, my total taxable dividend income posted a high YOY increase, mostly due to my purchases of CLX and CL.

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

Non-Taxable Dividend Income (Total: $126.21)
  • The Clorox Company (CLX) - $7.20
  • Colgate-Palmolive Company (CL) - $6.63
  • General Mills, Inc. (GIS) - $8.64
  • Hormel Foods Corporation (HRL) - $5.61
  • Kinder Morgan, Inc. (KMI) - $7.63 (Increased 1.73% YOY)
  • Vanguard Long-Term Bond Index Fund (VBLTX) - $90.50 (Decreased 1.27% YOY)
    • Total non-taxable dividend income of $126.21 increased 27.28% YOY.
I initiated positions in CLX, CL, GIS, and HRL in the prior year.  I'm not too thrilled about the YOY decrease in VBLTX, and I've been contemplating about whether or not to liquidate the entire position and either use the funds to buy more dividend growth stocks or put the funds into a mutual fund that has more capital appreciation.  I've been holding since it does have a nice yield and it pays out dividends monthly.  Additionally, this is one of two mutual funds I own and I figure I can diversify my risk with some mutual funds in case I'm a bad stock picker.  I don't really own any bonds so this mutual fund gives me some exposure to bonds to diversify my assets.  The total YOY increase is pretty good.

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

Market Values (Total: $398,700.31)
  • Brokerage Accounts - $102,925.28 (Increased 1.68% from prior month)
  • Roth IRA - $77,857.39 (Increased 4.20% from prior month)
  • 401(k) - $217,917.64 (Increased 3.66% from prior month)
    • Total market value increased 3.25% 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
  • 57.28%
Savings rate was excellent for this month!  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?


  1. You put up a very impressive savings rate. Congrats on some nice dividend income coming your way as well. I like a lot of the names paying you in March and many of your consumer staples are also in my portfolio too. CLX, CL, GIS, and HRL. Thanks for sharing. Keep up the good work.

    1. Hi Keith,

      Thanks for the words of encouragement. I'm hoping if I continue to be able to save aggressively, it will free up more capital for me to invest with so that I can reach financial independence sooner.

      Thanks for stopping by and commenting.

  2. That is a fantastic result. Such a large increase on such a large portfolio. Very well done to you.

    1. Hi Buy, Hold Long,

      Thanks! I'm hoping I can continue to make steady increases over the long haul.

      Thanks for stopping by and commenting.

  3. Keep it up! Enjoying following your journey!


    1. Hi Passive Income Dude,

      Thanks for following my journey! I hope I can be a source of inspiration and help for others, and I'm also using this blog to track my progress to becoming financially independent and retire by my target age or sooner.

      Thanks for stopping by and commenting.