I haven’t followed my Dividend Stocks Experiment for the past few months, and I have to admit, it was a mistake not doing so.
Dividend Experiment Update
My last post on this topic was in May, and instead of using the money to buy lunches at work, I instead planned on buying food and making it at home once a week for the family. This however, fell through since I underestimated how busy my family is. So I decided to channel the money back into free lunches for work.
As I prepared the spreadsheet information below, I notice that the dividend for ANH went up (yay), but unfortunately the dividend for CIM went down… Now the weekly amount I have for spending on lunches is only $13.64. While not a bad amount, I would have preferred that it continue to go up. I may have to re-examine the CIM stock and the inclusion of it in my portfolio.
And the the good news! I have saved another $1000 for another purchase by eating below my previous level. For my next update, I’ll identify the new (or old) stock that I decided to purchase for the experiment.
| Dividend Stock’s Lunch Experiment | |||||
| Stock Name | Anworth | EV Energy | Chimera | ||
| Stock Ticket | ANH | EVEP | CIM | ||
| # of Shares | 260 | 45 | 600 | ||
| Orig. Price | $7.84 | $23.25 | $4.01 | ||
| Curr. Price | $7.11 | $64.21 | $3.00 | ||
| Orig Cost | $2,038.14 | $1,046.25 | $2,404.80 | ||
| Curr Value | $1,848.60 | $2,889.45 | $1,800.00 | ||
| Annual Yield | 14.06% | 4.74% | 17.33% | ||
| Act. Div/Qtr | $65.00 | $34.25 | $78.00 | ||
| Total Dividends | $708.98 | ||||
| 52 weeks | 52 | ||||
| Dividend / week | $13.63 | ||||
| Total Gain in | |||||
| Stock Apprec. | $1,048.86 | ||||
| % Change | 19.11% | ||||
| Amt Loaned to myself: | $0 | ||||
| Amt paid back to date: | $0 | ||||
| Amt Still Owned: | $0 | ||||
| Totals | |||||
| Cumulativie Stock Value: | $6,538.05 | ||||
| Dividend Payout / Yr.: | $708.98 | ||||
| Dividend Payout / Qtr: | $177.25 | ||||
| Dividend Payout / Wk. | $13.63 | ||||
Hopefully next month will be better!
MR