Welcome back to Dividend Dollars! I hope you’re doing well and had a great week of investing! Markets adjusted to the Covid-19 variant that shocked the market last week and bounced back to new highs.
Every week I write an update on the dividend portfolio so that we can track its progress. I will give an overview of the portfolio and its value, the dividends received, trades made, and any news or business announcements made that may be of interest to our positions.
As you’ll see in this article, I made a handful of purchases this week. I believe markets will remain strong through the end of the year, but as Omicron news and other economic data comes out who knows what will happen! This is why we invest in stable, dividend producing companies which will do what we predict regardless of the state of the market.
To date, I have invested $4,110 into the account, the total value of all positions plus any cash on hand is $4,263.36. That’s a gain of $153.36 for a total return of 3.73%. The account is up $41.25 for the week which is a 0.98% increase.
This week was a great week to follow the slow week we had prior. We added $455 to the account this week. A majority of those adds come from a Microsoft buy I did for myself on December 7th as a birthday gift to myself. I will keep buying one share of Microsoft every year for my birthday and make this a tradition!
Below is a table of everything we are invested in so far. The tickers in green are stocks that I added to this week. I added $455 to the portfolio this week! A lot of my buys throughout the week are buys from this month’s stock picks. You can read that article here. I use a stock screener to find potentially undervalued stocks with safe and growing dividends. I will add to positions on the picks and others as good buying opportunities (like the dip on Friday) presents themselves. Stock picks for this month are LMT, SJM, and CVX but my purchases this week did not include any of those stock picks
This week our buys added $7 to our annual dividend income. Our dividend yield decreased by 0.42% and our beta went up by 0.06. Neither of those are particularly a bad or good thing. High dividend yields can mean that a company is paying too much in dividends and could be at risk of needing to cut dividends depending on the healthiness of the balance sheet. 4.43% dividend yield is a little higher than most dividend portfolios I’ve seen. Since I am young and just starting off, a high yield, though risky, is better for my long-term time horizon and it is partly inflated due to the poor performance of the portfolio this week.
This week we received two dividends, one from AMGN and another from WBA.
Dividends received for the week of December 6th: $2.24
Dividends received for December 2021: $2.93
Year-To-Date Dividends: $7.78
Here’s the breakdown of the trades I made this week:
- November 29th
- December 7th
- MSFT – 1 share at $330.94 (HAPPY BIRTHDAY TO ME)
- December 8th
- EPD – 1 share at $20.96
- SCHD – $10 invested at $77.41 (recurring investment)
- December 9th
- EOG – 1 share at $88.63
This section of the post will identify some headlines that may be of import to our positions. If they are important enough, we will also call out in the posts if the news calls for actions to readjust our portfolio. There was not too much direct news which affects our stock positions; so we are off easy this week.
I just recommend that you make sure to watch general market news. You can follow my twitter for regular market snapshots.
That is it for the update this week. Let’s kill it next week and keep our eyes open for more good buying opportunities! Let me know what you think of the progress so far, share with me your progress and questions, interact with me on twitter and Instagram using the links below!
Thank you for reading and take care!
2 replies on “Dividend Portfolio: 12/10/2021 Week in Review”
I have SJM on my watchlist as a potential birthday buy coming up in January. Glad to see you like it as well!
SJM is an absolute beast! Looks like a great dividend growth play with great financials that is undervalued right now. Good one for the long term, for sure.