Meager Income

Pay Off Debt, Retire Comfortably on Meager Income, Win the Lottery, Not Necessarily in that Order

July 2021 Dividend Income

In July, I received $398.93 in dividends and applied the money toward the principal payments. The tables below list the stock and dividend amounts received.   My goal for the Mortgage Payoff Fund 1 is to average $250 in monthly dividends.  This month I exceeded my goal by $4.05. Mortgage Payoff Fund 1 Date Stock […]

July 2021 Dividends – CMO

CMOCapstead Mortgage CorporationTicker: CMORecent high: February of 2020 – 8.27.Current price on 7/19/2021: 5.92 CMO Profile from their website ( are a Real Estate Investment Trust that invests in U.S. government-backed, adjustable-rate residential mortgage securities on a leveraged basis. Formed in 1985 and based in Dallas, Texas, Capstead’s securities are listed on the New York […]

June 2021 Dividend Income

In June, I received $152.36 in dividends and applied the money toward the principal payments. I received the following dividends:   My goal for the Mortgage Payoff Fund 1 is to average $250 in monthly dividends. Mortgage Payoff Fund 1 Date Stock Amount 6/1/21 DX 9.75 6/1/21 WFC 3.00 6/3/21 MAC 3.75 6/4/21 LYG .81 […]

July 2021 Dividends – SLG

SL Green Realty corpTicker: SLG Recent high: February of 2020 – 97.81.Current price on 7/14/2021: 77.52 SLG profile from Wikipedia:SL Green Realty Corp. is a real estate investment trust that primarily invests in office buildings and shopping centers in New York City. As of December 31, 2019, the company owned 43 properties comprising 14,438,964 square […]

Meager Income – January 2015

Meager Income update for January 2015 My goal is to no longer have to work and to be able to live off of my Meager Income.  I plan on purchasing assets (mostly stocks) that will provide me with dividend income that will increase over time.  Once my passive income exceeds my expenses, I’ll have met […]

VISA Stock Split

VISA recently announced a stock split. On March 19th, 1 current share of V will become 4 shares. Visa is currently trading at around $260 a share.  If it were to maintain this price each new share would be valued at about $65.  Although shareholders will still own the same portion of the business before […]

Altria (MO) Raises Their Quarterly Dividend by 8.3%

Altria Group, Inc., ticker symbol MO, through its subsidiaries, manufactures and sells cigarettes, smokeless tobacco products and wine both domestically and internationally. MO is probably best known for their Marlboro, Copenhagen, Skoal and Chateau Ste. Michelle brands. Altria has a very long history of steadily increasing their dividend. They aim to distribute 80 percent of […]

Capital Plan approved, Bank of America Raises Dividend

Bank of America shareholders received excellent news this morning: Bank of America’s revised capital plan that was submitted to the US Federal Reserve has been approved. Accordingly, Bank of America will raise the quarterly dividend to 5 cents a share. This is the first dividend increase in the last 7 years. Bank of America has […]

Apple Announces That They Will Raise Their Quarterly Dividend, Again!

Apple announced earnings this afternoon. I’ll leave it to the “experts” to argue whether or not it was a great quarter. The bottom line is that Apple made a ton of money again this quarter! Their revenue this quarter was $37.4 billion and they reported a profit of $7.7 billion or $1.28 per diluted share. […]

Bank of America Requests to Increase Their Dividend, Again!

I’ve been a client of Bank of America for over 15 years. I’ve been fairly pleased with their services and they’ve done a great job of integrating their many acquisitions under the leadership of Kenneth Lewis. I purchased the stock at the wrong time at around 2007. I believe the yield at the time that […]

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