March 2019 Dividends

During March 2019, I received $619.92 in dividends. For other months visit my Monthly Dividend Recap page.

SymbolStockAmount
 BAC BANK OF AMERICA CORP15.85
 BP BP PLC SPONSORED ADR17.58
 BP BP PLC SPONSORED ADR11.33
 CGNX COGNEX CORP COM0.70
 D DOMINION ENERGY INC COM46.4
 DGRO ISHARES TRUST CORE DIVID GWTH3.27
 DWDP DOWDUPONT INC COM5.74
 ENB ENBRIDGE INC COM ISIN #CA29250N1050 SED5.25
 F FORD MTR CO DEL COM15.24
 HDV ISHARES TRUST ISHARES CORE HIGH DIVIDEND8.22
 HDV ISHARES TRUST ISHARES CORE HIGH DIVIDEND1.66
 HNDL STRATEGY SHARES NASDAQ 7HANDL INDEX ETF3.68
 HNDL STRATEGY SHARES NASDAQ 7HANDL INDEX ETF0.43
 HSY HERSHEY COMPANY COM USD1.0018.29
 IBM INTERNATIONAL BUS MACH CORP COM USD0.2031.81
 INTC INTEL CORP COM USD0.00113.04
 JNJ JOHNSON &JOHNSON COM USD1.009.00
 KHC KRAFT HEINZ CO COM10.00
 MAIN MAIN STREET CAPITAL CORP COM5.07
 MCY MERCURY GENERAL CORP0.67
 MCY MERCURY GENERAL CORP128.99
 MGM MGM RESORTS INTERNATIONAL COM0.50
 MSFT MICROSOFT CORP12.93
 NEWT NEWTEK BUSINESS SVCS CORP COM NEW21.97
 ORC ORCHID IS CAP INC COM8.65
 ORC ORCHID IS CAP INC COM41.93
 PFE PFIZER INC7.25
PIREXPrincipal Real Estate Securities Fund8.21
 PSEC PROSPECT CAP CORP1.68
 QYLD GLOBAL X FDS NASDAQ 100 COVER8.46
 RGR STURM RUGER &CO INC COM2.00
 SMHB UBS AG LONDON BRH ETRACS MP2X B 0.000001.69
 SPAXX FIDELITY GOVERNMENT MONEY MARKET3.27
 SPAXX FIDELITY GOVERNMENT MONEY MARKET1.96
 SPAXX FIDELITY GOVERNMENT MONEY MARKET0.06
 SPAXX FIDELITY GOVERNMENT MONEY MARKET1.81
 TCEHY TENCENT HLDGS LTD UNSPON ADR0.07
 TCEHY TENCENT HLDGS LTD UNSPON ADR0.08
 TQQQ PROSHARES ULTRAPRO QQQ0.04
 XOM EXXON MOBIL CORP91.15
AGG         ISHARES CORE U S AGGREGATE BD  ETF 0.54
AVY         AVERY DENNISON CORP2.08
BA          BOEING CO28.92
BAC         BANK OF AMERICA CORP5.13
BPY         BROOKFIELD PROPERTY PARTNERS L P0.26
IVW         ISHARES S&P 500 GROWTH ETF1.18
JNJ         JOHNSON & JOHNSON9.00
NSPRC       NUSTAR ENERGY LP2.81
SHY         ISHARES 1 3 YEAR TREASURY0.16
SPHD        INVESCO S&P 500 HIGH DIVID LOW VOLATILITY ETF1.30
STM         STMICROELECTRONICS N V 0.18
VTI         VANGUARD TOTAL STOCK MARKET    ETF1.55
WBA         WALGREEN BOOTS ALLIANCE INC0.88

Also during the month I purchased and sold covered call options. I netted $417.93 during the month.

As one of my goals is to eventually replace my income with my investments, one of the metrics I look at is my monthly, weekly, and hourly cash flow from my investments. My combined dividends and net covered call options gives me a monthly cash flow of $1,037.85. This works out to be $239.52 per week and $5.99 per hour.

Print Friendly, PDF & Email

February 2019 Dividends

During February 2019, I received $698.88 in dividends. Look at monthly recaps from other months. For other months visit my Monthly Dividend Recap page.

SymbolStockAmount
ABBVABBVIE Inc12.84
ABBVABBVIE Inc7.72
AAPLApple Inc29.31
AAPLApple Inc18.53
AAPLApple Inc99.58
AAPLApple Inc3.66
ARNCArconic11.76
TAT&T Inc228.10
EMOClearbridge Energy25.90
COSTCostco Wholesale Club5.71
CCLPCSI COMPRESSCO LP2.19
SPAXXFIDELITY GOVERNMENT MONEY MARKET4.32
SPAXX FIDELITY GOVERNMENT MONEY MARKET4.28
FLFoot Locker Inc1.09
GISGeneral Mills Inc54.48
QYLDGLOBAL X FDS NASDAQ 100 COVER7.63
HASHasbro Inc5.82
HCPHCP Inc12.16
HRLHormel Foods Corp5.27
MAINMain Street Capital Corp5.04
MAMastercard Inc7.93
ORCOrchid Island Capital Inc41.46
ORCOrchid Island Capital Inc8.56
PSECProspect Capital Corp1.68
SIRISirus XM Holdings Inc.24
HDNLNASDAQ 7HANDL INDEX ETF16.56
HDNLNASDAQ 7HANDL INDEX ETF1.92
SYFSynchrony Financial5.35
SYFSynchrony Financial16.08
UBNTUbiquiti Networks Inc10.55
SMHBUBS AG LONDON BRH ETRACS MP2X1.37
ZIONZions Bancorporation33.99

Also during the month I purchased and sold covered call options. I netted $889.53 during the month.

Print Friendly, PDF & Email

What does it mean to become “born again”?

During Sunday School today we were reading John 3:2-6. The discussion came up of what the Lord meant by being “born again”. The typical answer of being baptized and receiving the gift of the Holy Ghost and other comments where made. As everyone was speaking and quotes were read from various Latter-day Prophets and Apostles I had a though come to mind.

Recall that the Lord is speaking to a member of the pharisees – nicodemus to be exact. I believe that the Savior is trying to expand the mind of Nicodemus and, by extension the Jews then and the readers today. The Jews in the days of the Savior thought that being born through the lineage of Abraham was enough for them to be saved in the Kingdom of Heaven, yet the Lord is trying to let them know that being a descendant of Abraham simply isn’t enough. We are “born of water” when we are first born, however we must be born again “of the spirit” which is a process that includes faith, repentance, and baptism.

This is a great parallel for us. Just being Christians and members of His church isn’t enough. We must become converted, increase our faith, receive the necessary ordinances (including baptism), and endure to the end.

Print Friendly, PDF & Email

Stock Pick – February 6, 2019

I purchased 10 shares in AppFolio (APPF) for $63.25 today. They do not pay a dividend but are a growth company.

AppFolio is a cloud services company. They provide Software As a Service (SAAS) to 2 different vertical markets. Their main product is for property management companies. They are one of the largest (I think largest, but not positive) property management software companies for the independent property manager. Their second market is law offices.

I intend to hold them long term and will likely purchase more shares.


Print Friendly, PDF & Email

January 2019 dividends

During January 2019, I received $412.38 in dividends. Look at monthly recaps from other months. For other months visit my Monthly Dividend Recap page.

SymbolStockAmount
 JPM JPMORGAN CHASE &CO. COM8.06
 QYLD GLOBAL X FDS NASDAQ 100 COVER8.88
 SPAXX FIDELITY GOVERNMENT MONEY MARKET4.29
 BKS BARNES &NOBLE INC COM31.50
 GE GENERAL ELECTRIC CO COM0.28
 SMHB UBS AG LONDON BRH ETRACS MP2X6.46
 PSEC PROSPECT CAP CORP1.68
 BPT BP PRUDHOE BAY RTY TR UNIT BEN INT32.83
 HNDL STRATEGY SHARES NASDAQ 7HANDL INDEX ETF18.06
 MAIN MAIN STREET CAPITAL CORP5.02
 BBBY BED, BATH AND BEYOND17.60
 FRT FEDERAL REALTY INVESTMENT TRUST SBI USD2.06
 DISDISNEY WALT CO35.2
 ORCORCHID ISLAND CAP INC8.46
 NXPINXP SEMICONDUCTORS4.51
 BBGIBEASLEY BROADCAST GROUP INC13.05
 QYLDGLOBAL X FDS NASDAQ 100 COVER7.03
 TMFCRBB FD INC IMOTLEY FOOL 100 INDEX ETF13.75
 TQQQPROSHARES ULTRAPRO QQQ0.45
 UBSIUNITED BANKSHARES INC WEST VA8.50
CODI.PR.BCOMPASS DIVERSIFIED HOLDINGS 0.98
CSCOCISCO SYSTEMS INC2.31

Also during the month I purchased and sold covered call options. However this month I had a couple of options that I lost money on due to having to purchase to close on a rapid increasing share prices on a couple of my positions. I netted a mere $.59 during the month. An important lesson is to close an option before earnings are reported.

Print Friendly, PDF & Email

Stock Picks – December 5, 2018

Stock Pick

It’s hard to believe that it’s been several months since I last posted a stock pick. The market has been very volatile of late however, making stock picking difficult.

US security markets are closed today. This will give you some time to research my latest stock pick to see if it would be a good fit for your portfolio.

I purchased 25-shares of United Bankshares Inc (NASDAQ:Unfortunately, we could not get stock quote for “UBSI” at this time. on Tuesday for $34 a share. United Bankshares is the holding company of United Bank, a regional bank operating in the mid Atlantic area with locations in 5 eastern states plus DC and traces their roots back to 1839 as well as non bank subsidiaries offering other financial and investment services.

UBSI is currently paying a 3.76% dividend ($1.36), and have been increasing their dividend regularly for 45-consecutive years, although not every year has seen a dividend increase.

Their 52-week range is $31.01-$39.95. Their 50-day moving average is $34.34 and 200-day moving average is $36.65.

Their Trailing P/E is 17.05 and a projected forward P/E is 13.43.

My intention is to hold long-term and purchase additional shares of UBSI. Once I hold 100 shares I will start selling covered calls options to increase my cash flow in this holding. By combining options premiums with dividend payments I anticipate having approximately a 15% annualized positive cash flow in USBI. At this stage of my life I will have the dividend portion on automatically reinvest in additional shares of USBI (“dividend reinvestment program” or “DRIP” for short”) while I will use the options premium to purchase other securities. Once I retire my goal is to be able to live off the dividends paid and the options premiums I collect, without ever selling the underlying securities.

I have been (and still are) light on the financial sector and will likely be adding more financial stocks in the coming months.

Print Friendly, PDF & Email

An Angel preaching another gospel

A common criticism of The Book of Mormon: Another Testament of Jesus Christ is it is “violating” scripture by adding to the Bible. Over several blog articles I will attempt to explain what the prophets were saying, giving context and showing how this concern is unfounded. For this post I will discuss the criticism found by misunderstanding Galatians 1:6-9 and how Latter-day Saint belief that Moroni, a resurrected being (and commonly called an angel), delivering the gold plates to the prophet Joseph Smith, is exactly what the Apostle Paul was warning about when he wrote: Continue reading

Print Friendly, PDF & Email

Stock Picks – August 13, 2018

Stock pick

I believe one of the best deals currently is AT&T (NYSE:T 30.51 -0.17 -0.55%). When something thinks of AT&T they typically think of a telecommunication company, which sells cell phone service, telephone lines, fiber connections, perhaps satellite TV (DirecTV), cable TV, and over the top TV (DirecTV Now and Watch TV). In other words AT&T is a content connector. They connect you to content.

And this assessment of AT&;T would be right, if this was still May. In June, AT&T morphed from being a content connector into being a content connector AND a content provider with the purchase of Time Warner (known post merger as Warner Media). AT&T now owns power house brands such as HBO, Cinemax, Turner Broadcasting (TBS, TNT, CNN, Turner Classic Movies, Cartoon Network, Bloomberg, and TruTV) , Warner Brothers (one of the big 6 film studios), DC Entertainment/ DC Comics, and much more. They operate NBA.com and NBA TV, NCAA.com, PGATour.com, PGA.com, and much more.

Check out this list of assets now owned and controlled by AT&T.

This merger now makes AT&T the 5th largest company in the United States, and one of the largest in the world. However, Wall Street, while knowing about the merger doesn’t seem to understand what AT&T just did and the moat they just created. For a quick exercise look up T on the stock brokerage of your choice and read the company profile. There is basically no mention of the WarnerMedia subsidiary. Basically Wall Street is comparing them to Verizon (VZ 59.65 +1.36 +2.32%), Centurylink (CTL 12.17 +0.06 +0.50%), etc, when really they are a combination of Verizon and Disney (DIS 114.96 +0.48 +0.42%).

AT&T closed slightly down on Friday to $32.26 a share. They are down -15.6% over the last 52-weeks, and nearly at their 52-week low. They are slightly above their 90-day moving average ($31.87) and below their 200-day moving average ($34.11).

AT&T pays an amazing dividend of $2 per year (current yield 6.17%), which they have continuously paying (and increasing) for the past 34-years!
This is the second time I am choosing T as a MikesStockPick. I previously purchased shares for $31.07 in July and for $31.965 in August.

Print Friendly, PDF & Email

Back to School Family Home Evening

Tomorrow Mikey starts 7th grade, Josh 5th, and Hannah 3rd. In one week Lizzy will start Kindergarten. Amanda and I decided to hold a short family home evening. Josh read 1st Samuel 16:7. We talked about how the Prophet Samuel was looking for the next King and how he learned that’s the Lord doesn’t care about how we look on the outside but the inside. We likened this to how there will be all sorts of different kids at school and we should not judge them based on how they look or what they wear but instead try to see them how God sees them and love them as God loves them. We then had Hannah read Matthew 11:28-30. We discussed how Christ took upon Him all of our heartache and pain, our sorrow and our stress, as well as our sins during the atonement and that we can put all of this on Him and accept in return His yoke, His burden, which is to love each other and follow His commandments.

We finished Family Home Evening with each kid getting a Father’s Blessing.

image

 

Print Friendly, PDF & Email