Welcome back to the weekly Dividend Dollars portfolio review! This portfolio update is brought to you by Sharesight, a portfolio tracking tool that I am happy to partner with. Their platform makes tracking trading and dividend history, understanding your performance, and saving time a breeze. Click the link above to get a special offer only for Dividend Dollar readers!
Here at 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. Let’s dive into the portfolio review!
To date, I have invested $10,800 into the account the total value of all positions plus any cash on hand is $11,123.35. That’s a total gain of 2.99%. The account is down $90.97 for the week which is a 0.81% loss.
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 -5.09% whereas our portfolio is up nearly 3%! 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 $60 in cash to the account this week. As noted last week, I am starting to slow down my investing on account of lots of travel and expenses coming up through the end of this year. 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 moves that we made this week actually decreased our annual dividend income by $3 at a yield of 4.23%.
This week we received $4.27 three dividends: $0.98 from Ally Financial ($ALLY), $1.60 from Realty Income ($O), and $1.69 from Texas Instruments ($TXN)
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: $219.20
Portfolio’s Lifetime Dividends: $242.12
Below is a breakdown of my trades this week!
- August 15th
- $SCHD – added 0.129417 shares at $77.27 ($10 recurring investment)
- $SPY – added 0.023332 shares at $428.60 ($10 recurring investment)
- $XYLG – added 0.354875 shares at $28.18 ($10 recurring investment)
- $ALLY – dividend reinvested at $37.78 per share
- $O – dividend reinvested at $74.38
- August 16th
- Microsoft ($MSFT) – added 0.05 shares at $291.20
- 3M ($MMM) – added 0.09 shares at $149.33
- $TXN – dividend reinvested
Next week I will continue to add $10 into each ETF ($SPY, $XYLG, and $SCHD) and will look at deploying the rest of the money either into $BAC or $CMCSA.
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!