January 31, 2019: GAIN, LTC

Dividend Portfolio

In my personal investing account, GAIN paid their January dividend. I received $204.29. I used the Dividend Reinvestment Program, or DRIP, to automatically purchase $204.29 shares worth of GAIN. This came to 18.597 shares at $10.991

Since my last GAIN investment on December 31, 2018, the stock has increased from $9.44 to $10.991, or 16%.

By reinvesting the dividends, my monthly payout has increased from $202.83 to 204.29, or 0.72%

GAIN’s dividend yield is at 7.49%.I think anything above 7% is a great deal for this stock. However, I see this stock moving up in value over the course of this year. If the yield moves below 7%, which is at about $11.66 per share, I will stop using the DRIP and use the dividends to purchase something else, most likely LTC or AGNC.

Lastly, GAIN declares their dividends three months in advance. My next dividend will be $205.55 on 2/28/2019. On the last day of December 2018, I estimated $205.75. I was over 20 cents mainly due to the rather unreasonable 16% increase in stock price over a month’s time. For March 2019, I am estimating a payment of $206.81.


Also in my personal investing account, LTC paid their January dividend. I received $4.75. I used the Dividend Reinvestment Program, or DRIP, to automatically purchase $4.75 shares worth of LTC. This came to 0.1 shares at $47.50

This is my first dividend payment from LTC. I purchase these in this post.


Today is also payday, so I paid off my entire credit card balance. Additionally, my company automatically contributed to my 401k, where I am maxing out the match at 6%.


I bought 21 shares of LTC at $46.73 for $981.38 on the way to work using my app.