May 2019 Dividends

During May 2019, I received $534.30 in dividends. For other months visit my Monthly Dividend Recap page.

 AAPL APPLE INC COM USD0.0000131.04
 AAPL APPLE INC COM USD0.0000119.62
 AAPL APPLE INC COM USD0.000017.73
 ABBV ABBVIE INC COM USD0.0113.01
 ABBV ABBVIE INC COM USD0.017.82
 ARNC ARCONIC INC COM3.93
 CAT CATERPILLAR INC COM USD1.0019.78
 CCLP CSI COMPRESSCO LP COM UNIT2.20
 CGNX COGNEX CORP COM0.70
 COST COSTCO WHOLESALE CORP COM USD0.016.53
 EMO CLEARBRIDGE ENERGY MIDSTRM OPP COM26.53
 FL FOOT LOCKER INC COM USD0.011.20
 GIS GENERAL MILLS INC COM USD0.1055.09
 HAS HASBRO INC COM USD0.506.33
 HCP HCP INC COM USD1.0012.30
 HNDL STRATEGY SHARES NASDAQ 7HANDL INDEX ETF17.17
 HNDL STRATEGY SHARES NASDAQ 7HANDL INDEX ETF1.99
 HRL HORMEL FOODS CORP COM5.30
 MA MASTERCARD INC CL A7.94
 MAIN MAIN STREET CAPITAL CORP COM5.25
 ORC ORCHID IS CAP INC COM8.86
 PBR PETROLEO BRASILEIRO SA PETROBRAS SPON A6.84
 PBR PETROLEO BRASILEIRO SA PETROBRAS SPON A0.16
 PSEC PROSPECT CAP CORP1.71
 QYLD GLOBAL X FDS NASDAQ 100 COVER8.94
 QYLD GLOBAL X FDS NASDAQ 100 COVER7.50
 RGR STURM RUGER &CO INC COM2.08
 SIRI SIRIUS XM HLDGS INC COM0.24
 SMHB UBS AG LONDON BRH ETRACS MP2X B 0.000001.66
 SYF SYNCHRONY FINANCIAL COM USD0.0015.39
 TAT&T INC28.07
 ZION ZIONS BANCORPORATION N A COM34.20
AAPL        APPLE Inc28.48
AGG         ISHARES CORE U S AGGREGATE BD  ETF0.53
BKS BARNES &NOBLE INC COM32.25
DWDP DOWDUPONT INC COM 1 FOR 3 R/S INTO DUPO2.13
FCAU        FIAT CHRYSLER AUTOMOBILES7.35
FCAU        FIAT CHRYSLER AUTOMOBILES15.14
FII         FEDERATED INVESTORS INC (PA.)  CL B0.55
LCUTLIFETIME BRANDS INC0.86
ORCORCHID ISLAND CAPITAL INC42.43
SHY         ISHARES 1 3 YEAR TREASURY BOND ETF0.16
SPHD        INVESCO EXCHANGE TRADED FD TR  II S&P 500 HIGH DIVID LOW VOLATILITY ETF1.37
SPYSPDR S&P 500 ETF4.93
SYF         SYNCHRONY FINANCIAL16.17
T           AT&T INC4.08
TIP         ISHARES TIPS BOND ETF0.03
UI UBIQUITI NETWORKS INC COM USD0.00110.57
VZVERIZON COMMUNICATIONS3.41
Interest0.83
 SPAXXInterest4.77
 SPAXXInterest0.26
 SPAXXInterest0.06
            Interest0.03
Interest0.50
Interest0.30

Most months I purchase and sell covered call options, although I did not do so during May 2019. I spent $9,374.16 on long term option contracts, however I am not calculating these into my net short term contracts.

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 short term covered call options gives me a monthly cash flow of $534.30. This works out to be $123.31 per week and $3.08 per hour.

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.


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.

Stock Picks – August 13, 2018

Stock pick

I believe one of the best deals currently is AT&T (NYSE:T 34.15 +0.34 +1.01%). 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 55.59 +0.33 +0.60%), Centurylink (CTL 12.02 -0.04 -0.33%), etc, when really they are a combination of Verizon and Disney (DIS 140.92 -0.34 -0.24%).

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.

Stock Picks – July 23, 2018

Stock Pick # 1

Today I purchased shares of telecom giant AT&T (T 34.15 +0.34 +1.01%). AT&T is currently paying a 6% dividend and has been continuously paying and growing this dividend for the last 34 years! Once its merger of Time Warner is finally complete, AT&T will be the 5th largest company in the United States. AT&T reports on their 2nd quarter earnings tomorrow and it will be the first quarter that will include financial information for Time Warner. With the purchase of Time Warner, AT&T is setting themselves up as a content creator. In many ways it seems like AT&T is becoming more like media giant Disney (DIS 140.92 -0.34 -0.24%), instead of simply a telecom giant.

I believe that the market will be pleasantly surprised with their earning report tomorrow and we will see a large jump in their stock price. I purchased shares for $31.07. However, I am also hedging my bets as I have another order in at $28.09 as one area of concern to me is the amount of debt that AT&T has, however I do not believe they are over leveraged at this time. But Mr. Market may decide tomorrow that they are over leveraged and will cause a large price reduction. Should that happen, I’ll buy some more on sale.

Stock Pick # 2

In my IRA I purchased shares of Main Street Capital (MAIN 42.59 +0.79 +1.89%). Main Street is a business development companies (“BDC”) who makes loans to small and lower mid market businesses in exchange for an equity position in their company. They have investments in a wide variety of businesses and have had good returns from their investments. They pay nearly a 6% dividend, but rather than paying it 4 quarterly installments as most companies do, they pay it in monthly installments! I paid $39.35 a share.

May 2015 Stock Picks

On March 12, 2015, I purchased some stock in Tesla (Nasdaq:TSLA). As of the time I write this post, this stock has increased in value 29.91%, a great return for just over 2-months of ownership.

On November 12, 2014, I purchased some shares in the mutual fund Silver Trust (NYSEARCX: SLV). As of the time I write this post, the fund has increased in value 9.01%, which is a pretty decent return over the last 7-months. Continue reading

Dave Barry’s 2010 Year in Review

by Dave Barry
Published: January 1, 2011 at MiamiHerald.com

Let’s put things into perspective: 2010 was not the worst year ever. There have been MUCH worse years. For example, toward the end of the Cretaceous Period, the Earth was struck by an asteroid that wiped out 75 percent of all the species on the planet. Can we honestly say that we had a worse year than those species did? Yes we can, because they were not exposed to Jersey Shore.

Continue reading

Why fund the "Mexico City Policy"?

Yesterday, President Barack Obama signed an executive order overturning the “Mexico City Policy” which prohibited Federal money (ie tax payers money) from being used to fund international groups the provide or promote abortions.  Let’s ignore for a moment all of our personal thoughts about abortion.  If we are truly in the “worst economy since the Great Depression” as President Obama likes to say, then why on earth are we going to want to spend anymore money on international aid then we currently are?

Speaking President Obama, I really like this Prickly City comic from yesterday.

stop-watching-msnbc