Welcome back to the weekly Dividend Dollars portfolio review! Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis. I am a young investor in my 20’s and 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.
Thanks to everybody for showing some love on the new analysis post on Activision Blizzard ($ATVI) from last week! Above is the comment from the judge on my submission. I ended up winning third place with a prize of $400! That money helped me upgrade my home’s Wi-Fi so I can be a little bit more efficient with running things and it will help pay for the WordPress subscription that runs this website! It’s awesome to get rewarded for the work I put into this website and it’s nice to see folks get some value out of it. So, thank you for reading! Let’s dive into the portfolio review!
To date, I have invested $10,350 into the account the total value of all positions plus any cash on hand is $10,156.53. That’s a total loss of 1.87%. The account is up $11.32 for the week which is a 0.11% gain.
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 -11.08% whereas our portfolio is down -1.87%! 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 $120 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 and the blue ones are positions that I reinvested dividends into. The positions that we added to increased our annual dividend income by $7 at a yield of 4.45%.
This week we received only one dividend: $4.96 from ETRACS 2xPayer Levered Small Cap ETF ($SMHB), this will be reinvested on Monday.
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.
Dividends received for 2022: $184.26
Portfolio’s Lifetime Dividends: $208.78
Below is a breakdown of my trades this week!
- July 18th
- 3M ($MMM) – 0.15 shares bought at $128.80
- July 20th
- Ally Financial ($ALLY) – 1 share bought at $33.82
- SCHD – added 0.138125 shares at $72.40 (recurring investment)
- XYLD – added 0.231054 shares at $43.28 (recurring investment)
- July 21st
- AT&T ($T) – 2 shares bought at $18.42
- July 22nd
- Intel ($INTC) – bought 0.25 shares at $40.04
Not a huge week of buys for me. AT&T’s quarterly earnings report showed great growth in their products and stable margins. However, the report was not received well by the market on account of the decreased FCF guidance and very heavy capital expenditure. I still believe this is a good long-term hold, if anything, their heavy investments will contribute to a better future for the firm.
Next week I plan on keeping my eyes MMM, MSFT, and TXN for their earnings reports on Tueday, MO, INTC, MRK, and CMCSA for their earnings reports on Thursday, and ALLY for its ex-date on Friday. If any of these provide a nice dip, assuming information from earnings is not catastrophic, I’ll be looking to add.
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 weekly market review to get a recap of the week and what economic events are coming in order to help arm yourself with a strategy for your future buys!
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!
2 replies on “Dividend Portfolio: 7/22/2022 Week in Review”
[…] Maybe I’ve just been spoiled by buying so many cheap dividend stocks in this market that I want things to stay bearish! Regardless of the way things move, we will buy structurally sound companies that pay safe dividends and have a promising future. We did this last week with some buys in $INTC and $CMCSA to name a few. Read the portfolio update here. […]
[…] Maybe I’ve just been spoiled by buying so many cheap dividend stocks in this market that I want things to stay bearish! Regardless of the way things move, we will buy structurally sound companies that pay safe dividends and have a promising future. We did this last week with some movements in the portfolio towards the Global X S&P 500 Covered Call and Growth ETF ($XYLG). Read the portfolio update here. […]