Dividend Empire Portfolio – May 2015 Update

May was a very exciting and eventful month for me.  I received my very first dividend back on May 1, I was able to exceed my contribution goals and I picked up several great dividend growth stocks.

I’ve decided to split up my monthly updates into two posts, one for each of my dividend portfolios.  Otherwise I think it will get a bit too messy.  Today’s post will be an update of my Dividend Empire portfolio which you can read more about HERE.  In summary, all of the stocks and all of the dividends from this portfolio will go to my descendants and compound over many generations.

 

May 2015 Dividend Empire Portfolio Update

 

Contributions:

I was able to contribute a total of $3,159.20 to the Empire portfolio this month.  I am VERY pleased with this amount for a couple of reasons.  For one, it’s way more than I need to contribute per month to reach my annual goal of $25k (especially since I was already at $15k).  The second reason is that I was able to scrape money together from many different sources including monthly savings, reimbursement from my dependent care flexible spending account and even some winnings from a bowling tournament!

 

Dividends Received:

I received two dividend payments this month for a total of $60.  All dividends in this portfolio are automatically reinvested.  The shares purchased with these dividends increased my forward income $2.76.

Cost Basis Yield
Portfolio Date Ticker Dividend / Sh Shares Div Amount Action Shares Purch Resulting Sh Old New Old New Salary Increase
Empire 5/1/2015 T $0.47 100 $47.00 Reinvested 1.354 101.354 $3,339.85 $3,386.85 5.63% 5.63% $2.55
Empire 5/14/2015 AAPL $0.52 25 $13.00 Reinvested 0.102 25.102 $3,139.18 $3,152.18 1.66% 1.66% $0.21

 

Pay Raises:

After receiving 3 dividend increases in this portfolio last month unfortunately there are none to report for May.

 

Purchases:

  • 5/1/2015 – 1.354 shares of T (TradeKing DRIP)
  • 5/7/2015 – 0.2648 shares of HSY (Loyal3)
  • 5/8/2015 – 0.2562 shares of MCD (Loyal3)
  • 5/14/2015 – 0.102 shares of AAPL (TradeKing DRIP)
  • 5/18/2015 – 19 shares of TROW (TradeKing)
  • 5/27/2015 – 0.8023 shares of HSY (Loyal3)
  • 5/27/2015 – 2.635 shares of GPS (Loyal3)

 

Forward Income Progression:

Dividend Empire May 2015 Forward Income Progress

I was able to increase my forward income by $47.95 this month through new purchases and dividend reinvestments.  If I can maintain this pace I will have a forward income of about $900 by the end of the year.

 

Progress Against Goals:

I have already achieved 4 of my annual goals – initiate the portfolio with $15k, diversify across 5 sectors, have a portfolio YoC over 3% and start a blog.  Let’s see how I’m doing on the rest of my goals.

One of my remaining goals is to have a portfolio value over $25k by the end of the year:

May 2015 Empire Progress Towards Account Value Goal

This doesn’t include cash in my accounts which is currently just over $1k.  In order to reach my goal I will only need to contribute about $700 per month for the rest of the year assuming the market doesn’t turn on me (gulp).  Hopefully I will absolutely destroy this goal.

The other goal is to receive $500 in dividends this year:

May 2015 Empire Progress Towards Dividends Received Goal

I’m lagging a bit with this goal but that is to be expected.  My first purchase in this account was made on March 30 of this year and it takes a while for the divvies to start rolling in.  Hopefully I can catch up to the pace in the coming months.

 

Well that’s it for the Empire portfolio.  I will post an update for my Dividend Retirement portfolio soon as well so stay tuned.  Also, if you haven’t done so already, please take a minute to fill out my Dividend Growth Investor Survey.  I am trying to put together an informative data set for the DGI community and your input is greatly appreciated.

How was your May?  Is everyone on pace to meet their goals?

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10 Responses

  1. ABetterMe says:

    Great month! Glad to see you receiving your first dividend, welcome to the world of dividend investing. This is my first time reading your blog but I have nominated you to for the Liebster Award. See more on my blog: http://mypathtoabetterme.blogspot.com/

    • Dividend Empire Dividend Empire says:

      Hello there – thank you so much for the nomination! I’m looking forward to participating. This really is an incredible community and I’m just starting to scratch the surface of all the great blogs out there. Have an awesome June!

      Ken

  2. DE,

    Thank you for sharing. Congrats on a great month! Your children, grandchildren will be very thankful for all of your hard work. We can’t wait to see your retirement portfolio update. Keep up all the great work.

    All the best.

    FD

    • Dividend Empire Dividend Empire says:

      Thank you for the kind words FD! Nice to have some divvys on the board. Hopefully there will be many more (ever increasing) dividends to come. Talk soon.

      Ken

  3. Tawcan says:

    Looks like you had a great month and you’re making excellent progress. Keep up the good work.

  4. Ryan says:

    Super impressive amount of fresh capital you put to work over the month, especially considering your other portfolio. That’s the name of the game, keep at it and you’re set :) Looking forward to reading about your next purchase!

    • Dividend Empire Dividend Empire says:

      Thanks Ryan. I’m trying to pump as much as possible into these portfolios. Looking forward to making my next purchase! Thanks for reading.

      Ken

  5. My Dividends says:

    Hi DE,
    it seems that we have a similar start. I also received my first dividends beginning of May. Keep up! Will definitely follow your way from now on!
    Good luck.
    Rgds,
    Patrick

    • Dividend Empire Dividend Empire says:

      Hi Patrick – Thanks for stopping by! I check out your site and we definitely have a similar start. I’ll be following you as well. Great purchases last month by the way. Talk soon.

      Ken

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