Chatter Around the World – 29

Chatter Around the World is a weekly link update of economics, investing, dividends and personal finance articles that have caught my eye. In these weekly updates, I also capture my blog updates and news related to my holdings.

New Blog Posts

Let dive into the links that caught my attention this week.

Updates from My Portfolio Holdings

General Reads

Dividend Reads

Have a wonderful weekend.


Image Source: JPMorgan Asset Management

 

Omega Healthcare (OHI) Dividend Increase

Omega Healthcare Investors Inc (OHI) announced that its quarterly dividend will be raised by 2.08% to $0.49 per share/quarter from $0.48. This dividend increase is the company’s 27th dividend hike since first quarter of 2004. The new dividend is scheduled to be paid on Feb 17, 2014 to shareholders on record as of Jan 31, 2014. The new dividend rate results in an annualized yield of 6.27% based on OHI’s closing price as of yesterday – Jan 15. This increase in dividend payout demonstrates the magic of passive income and the regular pay raises that investors see for investing in solid dividend growth companies.

 

My portfolio consists of 100 shares of Omega Healthcare, which increases my quarterly dividends from $48 to $49 and an annual dividend raise from $192 to $196.

 

New Source of Passive Income

For the regular readers of my blog, it should be no surprise that I love passive income. I am always looking for ways of generating passive income, either via investments or any other sources to contribute towards my goals of financial independence. Starting in mid-2013, I started exploring for more options for generating passive income and added a few methods, although dividends from my investment are still my main source of passive income.
  1. Dividends: My investments do most of the heavy lifting and a majority of my passive income is generated by the dividends and distributions paid by my investments in blue chip stocks and funds that I selectively pick. Until May 2013, this was my only source of passive income.
  2. Options: I have finally started dabbling in writing options (mostly covered calls) to generate passive income. This source of passive income is not constant and depends a lot on the market conditions. So, some months I write options and some months I don’t.
  3. Other: I have clubbed the rest as “other” sources of passive income together.
    • Advertising revenue from this blog: this has been a slow starter and some months are good while others aren’t so great. Over the last six months, I have made a modest $30.12 on my best month (Sep 2013) and a mere $1.74 on the least successful month (Jul 2013). However, I started this blog because I love writing and want to share my experiences. The monetization of this blog, although not the main goal of this blog, is just a little cherry on the cake 🙂
    • Cash back credit card – I switched from an airmiles card to a cash back reward card for my daily credit card use. The airmiles program wasn’t worth the annual fees that they demanded and now, not only do I save on the annual fees, I get paid to use their product.

To provide some context, I have included the following charts to show how Options and Other contributed toward my passive income in 2013. My total passive income for 2013 was $2,682.27.

New Other Source: Seeking Alpha
As a Christmas gift, I received an email in late December from Seeking Alpha asking me to join their investing community and contribute to their content. Obviously, I said yes. For those unfamiliar, Seeking Alpha is one of the most popular investing and market analysis website and has a very wide readership. Seeking Alpha has a distribution partnership with MSN Money, CNBC, Yahoo Finance, MarketWatch, Nasdaq and TheStreet. 
Seeking Alpha has decided to monitor my RSS feed to include posts that I post on my blog that they think their readers might find interesting. This does not provide me with any passive income. However, Seeking Alpha also pays contributors who write premium articles for their website and I have started contributing (see my first article here). This premium content is my new source of passive income. I have decided to set myself a goal of contributing at least 6 articles over the course of 2014.
I would like to thank my readers for their continued support and encouragement. Your feedback helps me become a better writer. To see the list of my articles at Seeking Alpha, click here.

Chatter Around the World – 28

Chatter Around the World is a weekly link update of economics, investing, dividends and personal finance articles that have caught my eye. In these weekly updates, I also capture my blog updates and news related to my holdings.

History of US 10-year Treasury Yield

New Posts

Let dive into the links that caught my attention this week.

Updates from My Portfolio Holdings

General Reads

Dividend Reads


December 2013 Portfolio Updates

Have a wonderful weekend.


Image Source: Goldman Sachs, “Top of Mind”, Dec 18, 2013

 

Canadian Telecom Oligopoly Provides Sustainable Dividend Growth (BCE) (RCI) (TU)

The Canadian wireless market is dominated by The Big-3: BCE Inc (TSE: BCE, NYSE: BCE), Rogers Communications Inc (TSE: RCI.B, NYSE: RCI) and Telus (TSE: T, NYSE: TU) controlling approximately 91% of the wireless market, with various other regional players filling in the rest. The recent acquisitions by the Big-3 have allowed them them to expand into the media and entertainment business and provides the companies with diversified growth and income sources. These Big-3 are components of the S&P/TSX 60 index and have been providing stockholders with a constant flow of dividends and sustainable dividend growth.To read the full article, click here.