Welcome back to weekly Dividend Dollars portfolio review! You’ll notice this week that the economic review is not in this post! I have posted that separately here. Going forward those will continue to be posted individually so that it is easier to discern which articles contain which type of information.
Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis as well. I am a young investor in my 20’s, by sticking to this strategy over the long term, the magical powers of compounding are on my side. This allows me to more easily build substantial positions in dividend paying stocks over time, which will one day help me reach the ultimate goal of being financially free through the sources of passive income they provide. You can read more about the strategy here. Let’s dive into the portfolio review!
To date, I have invested $9,750 into the account, the total value of all positions plus any cash on hand is $9,119.30. That’s a total loss of 6.47%. The account is down $337.87 for the week which is a 3.57% loss. This is a huge loss for one week, especially on the losses we had last week, but as we discussed in the market recap for this week (read that here), the markets had it worse this week with a 5.07% loss in the S&P.
We started building this portfolio on 9/24/2021 and, even with this rough last week, when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -17.52% whereas our portfolio is down -6.47%! I love tracking my portfolio against a benchmark like the S&P. The above chart comes from Sharesight which makes portfolio and dividend management a breeze!
We added $370 in cash to the account this week. The trades made this week will be broken out below
Above is a dashboard of the portfolio that tracks annual dividend income, yield, beta, dividend growth, and more.
Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week. The positions that we added to increased our annual dividend income by $23 at a yield of 4.51%.
This week we received $13.53 from four dividends. $6.98 from 3M ($MMM), $1.28 from NextEra Energy ($NEE). $3.74 from Atlantica Sustainable Infrastructure ($AY), and $1.53 from Realty Income ($O)
In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically. All dividends were reinvested.
Dividends received for 2022: $151.75
Portfolio’s Lifetime Dividends: $174.67
Below is a breakdown of my trades this week!
- June 13th
- Best Buy ($BBY) – added 1 share at $69.28
- ETRACS 2xMonthly Pay Levered US Small Cap ($SMHB) – added 1 share at $8.47
- Activision Blizzard ($ATVI) – added 1 share at $75.25 (new position)
- Comcast ($CMCSA) – added 1 share at $40.75
- 3M ($MMM) – dividend reinvested
- June 14th
- Altria ($MO) – added 0.1 shares at $46.00
- ETRACS 2xMonthly Pay Levered US Small Cap ($SMHB) – added 2 shares at $7.92
- Activision Blizzard ($ATVI) – added 1 share at $74.82
- June 15th
- SCHD – added 0.138199 shares at $72.36 (recurring investment)
- XYLD – added 0.231256 shares at $43.24 (recurring investment)
- NextEra ($NEE) – dividend reinvested
- Atlantica ($AY) – dividend reinvested
- Realty Income ($O) – dividend reinvested
- June 16th
- ETRACS 2xMonthly Pay Levered US Small Cap ($SMHB) – added 1.3 shares at $7.16
- AT&T ($T) – added 2 shares at $18.82
- Lowe’s ($LOW) – added 0.075 shares at $171.87
- June 17th
- Chevron ($CVX) – sold whole position at $147.35
- Activision Blizzard ($ATVI) – added 1 share at $73.98
- XYLD – added 1 share at $42.00
- AT&T ($T) – added 1 share at $19.06
- Comcast ($CMCSA) – added 0.2 shares at $38.15
- ETRACS 2xMonthly Pay Levered US Small Cap ($SMHB) – added 1 share at $7.12
This week I decided to sell my position in Chevron ($CVX) as it was my last exposure to the oil industry. The energy sector is starting to slow and succumb to the rest of the downward market pressures, so I decided to take my profits and direct them elsewhere. One of the positions that went to was my new one in Activision ($ATVI). I love Activision Blizzard’s games, they have a strong lineup of games coming in the next year, and the Microsoft acquisition at $95 per share provides an interesting arbitrage opportunity.
Stocks I’ll be watching to add next week: Air Products and Chemicals ($APD), Comcast ($CMCSA), and Microsoft ($MSFT). Both $APD and $CMCSA have ex-dividend dates coming up in a week or two. $APD is one of the few positions of mine that are still up, it is a very defensive stock and might be wise to add to it. $CMCSA is down and is provided a good opportunity to buy down prior to its ex-date. Microsoft is beginning to look attractive at its levels as well.
That is it for the update this week. Let’s kill it next week. Stay patient and be ready to buy income producing assets at a discount!
Read the last market review to educate yourself on the prior week to help build proper expectations for the week to come! This can help you make better buying decisions.
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! See you next week and stay safe!