Dividend Income - February 2014

Once a month I will be updating the dividend that I received for that month.


February 2014 Dividends Received:

Realty Income Corp. (O) - $4.01

American Rlty Cap. PPTYS (ARCP) - $20.88

Clorox Company (CLX) - $10.65

Kinder Morgan Inc (KMI) - $24.19

Procter & Gamble Company (PG) - $9.02

Caterpillar Inc (CAT) - $8.40

Vodafone (VOD) - $9.70

Total dividends for the month of February: $86.85

One of my many Goals is to receive $2,000 in dividends for this year.

I am 8.8% complete in reaching my goal. I hope you guys continue to follow my blog and cheer me on to hit is goal of mine. 

All of the income that I'm receiving from dividends are all being reinvested. I'm currently reinvesting it all into KMI.

Also, don't forget to check out my Dividend Income page which shows the total income by month.

Was February a good month for you?

Trade - Buy

I added more shares of Philip Morris International Inc. (PM)

15 shares @ 79.31 on 2-14-2014

This will increase my forward 12-months dividend by $56.40.

I updated my Portfolio to reflect the change

Morningstar (****) Fair: $90.00
S&P Capital IQ (***) Fair: $78.60

Trade - Buy

I added more shares to Chevron Corporation (CVX)

10 shares @ $112.36 on 2-14-2014

This will increase my forward 12-months dividend by $40.

I updated my Portfolio to reflect the change.

Undervalue with this 15 year graph

Also undervalue with this 4 year graph.

Here you see that the yield is getting up there. It's at its highest in 3 years.

Here is the dividend growth. As you can see it is heading in the right direction.

What do you think of CVX?

FRIP Purchase

I added more shares to my position of Kinder Morgan Inc. (KMI).

2 Share @ $33.72


This increases my forward 12-month dividend income by $3.28 to a total of $1,312.80

I also updated my portfolio page to reflect the change.


What are you buying with your dividends?

Trade - Buy

I open a new position with Cisco System Inc. (CSCO)

29 shares @ 21.84 on 2-13-2014

This will increase my forward 12-month dividend by 22.04 to a total of $1,210.80

I updated my Portfolio to reflect the change.


As you can see Cisco for the most part of this 15 year graph has been overvalue. Just recently it started to trade under the orange line. Cisco has a Debt/Cap of 16% which is great. It also has a dividend payout ratio of 46% which is great as well.

Here is a 4 year graph and it shows how undervalue Cisco is right now.

Here we have a chart that shows future estimate earnings.

One of my concern is that Cisco just recently started paying out dividends in 2011. As you can see Cisco has been raising its dividends. Cisco just raised its dividends from .17 a share to .19 a share. This is a increase of 11.7%. Since they have a low payout ratio, I see more dividend increases in the future.

Here we have a chart showing the last 5 year of price and dividends. As you see the dividends keeps on rising. This chart does not account the new 11.7% raise that came out today. This tells me that Cisco is undervalue.

Morningstar (4 star out of 5) Fair value of $26.00

S&P Capital IQ (3 star out of 5) Fair Value of $28.20

What do you think of Cisco? Do you own shares or plan to?

FRIP Purchase

I added more shares to my position of Kinder Morgan Inc. (KMI).

1 Share @ $33.90 of KMI


This increases my forward 12-month dividend income by $1.64 to a total of $1,189.44

I also updated my portfolio page to reflect the change.


What are you buying with your dividends?