Welcome back to the weekly Dividend Dollars portfolio review! Sorry for my absence last week, I was away in Vegas for an extended bachelor party weekend! I lost all of my money so here I am again, back to the grind. Just kidding I didn’t lose much, but am grinding nonetheless!
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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!
Portfolio Value
To date, I have invested $11,050 into the account the total value of all positions plus any cash on hand is $10,540. That’s a total loss of -4.62% The account is down $310.76 for the week which is a -2.86% 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 -11.92% whereas our portfolio is down -4.62%! 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 $250 in cash to the account over the last two weeks.
Portfolio
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 over the last two weeks increased our annual dividend income by $8 at a yield of 4.54%.
Dividends
For the last two weeks we received $13.78 from five dividends: $2.29 from $SMHB, $2.47 from Starbucks ($SBUX), $1.01 from Aflac ($AFL), $5.88 from Intel ($INTC), and $2.14 from Cummins ($CMI).
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: $237.97
Portfolio’s Lifetime Dividends: $255.90
Trades
Below is a breakdown of my trades this week!
- August 22nd
- $SCHD – added 0.131787 shares at $75.88 ($10 recurring investment)
- $SPY – added 0.024166 shares at $413.80 ($10 recurring investment)
- $XYLG – added 0.367175 shares at $27.24 ($10 recurring investment)
- $SMHB – dividend reinvested
- August 23rd
- $BAC – added 0.8 shares at $34.46
- August 24th
- $EA – added 1 share at $126.41
- August 26th
- $SBUX – dividend reinvested
- August 29th
- $SCHD – added 0.134848 shares at $74.16 ($10 recurring investment)
- $SPY – added 0.024707 shares at $404.74 ($10 recurring investment)
- $XYLG – added 0.374133 shares at $26.73 ($10 recurring investment)
- August 30th
- $XYLG – dividend reinvested
- August 31st
- $O – added 0.5 shares at $68.60
- September 1st
- $INTC – dividend reinvested
- $CMI – dividend reinvested
- $AFL – dividend reinvested
- September 2nd
- $SMHB – added 0.5 shares at $8.60
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 $MO or $BBY for the upcoming ex-dividend date.
Summary
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!
Regards,
Dividend Dollars