Welcome back to Dividend Dollars! Happy New Years! Congratulations on making it through the year!
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. This is the last update for the year 2021!
To date, I have invested $4,990 into the account, the total value of all positions plus any cash on hand is $5,218.20. That’s a gain of $228.20 for a total return of 4.37%. The account is up $32.51 for the week which is a 0.63% gain.
We added $145 to the account this week through adds to a couple of positions as you’ll see below.
Below is a table of everything we are invested in so far. The tickers in green are stocks that I bought this week. Usually, a chunk 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, start new positions, and add to other existing positions as good buying opportunities presents themselves. Stock picks for this month are LMT, SJM, and CVX.
This week our buys added $5 to our annual dividend income. Our dividend yield decreased by 0.06% and our beta went down by 0.01. 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. 4.52% 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, gives me greater cash flow now to reinvest which will help me realize the benefits of compounding gains sooner.
This week we received two dividends. $5.60 from LMT and $6.00 from EOG all of which were reinvested.
Dividends received for the week of December 27th: $11.60
Dividends received for December 2021: $18.07
Year-To-Date Dividends: $22.92
Here’s the breakdown of the trades I made this week:
- December 27th
- ACC – bought 1 share at $55.93 (new position)
- LMT – $5.60 dividend reinvested at $350.44 per share
- December 28th
- SJM – added 0.50 shares at $133.46
- December 29th
- XYLD – added $10 at $51.11 per share (weekly investment)
- SCHD – added $10 at $80.86 per share (weekly investment)
- EOG – $6.00 dividend reinvested at $88.95 per share
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.
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 here’s to an amazing 2022 of getting closer to financial freedom!