Category: Dividend Stocks

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Dividend Portfolio Dividend Stocks Dividends Portfolio Portfolio Update

Dividend Portfolio: 11/10/23 Weekly Update

Welcome back to the weekly Dividend Dollars portfolio review! This post is brought to you by Koyfin, a powerful analytical tool that I am proud to partner with. Their platform is entirely customizable for whatever investment data you want to look at. I wouldn’t use any other website to dive into a stock’s fundaments. Click the link above or picture below to get a special offer only for Dividend Dollar readers or go give my product review a read if you’re interested!

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 $19,340 into the account. The total value of all positions plus any cash on hand is $19,943.77. That’s a total gain of 3.12%. The account is down $110.98 this week which is a -0.55% loss. We added $145 in cash to the account this week, trades made will be broken out below.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -0.90% which puts us 4.03% higher than the market!

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, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI increased from $679 to $680!

Dividends

Over the last week I received no dividends

Dividends received for 2023: $484.27

Portfolio’s Lifetime Dividends: $894.68

I tried to build a dashboard of sorts for tracking income from dividends and option premium since I’m starting to try out option selling. Check out that other graphic below and let me know what kind of tracking you like better!

Trades

This week was a decent week. We sold off $APD, not because I dislike the company or their performance, but mostly because I want to try and consolidate my portfolio down to 10-13 holdings. $APD was such a small position, that it was pretty inconsequential to get rid of it. We also did our monthly $50 adds to our main ETFs, added some $NSSC after their well received earnings report, and continued to do some option selling. Below is a detailed breakdown of all trades this week:

  • November 6th, 2023
    • Marathon Digital ($MARA) – Closed $7.5 11/10 cash secured put for $0.05, a 37.5% win.
    • Direxion Daily Semi Bull 3X ($SOXL) – Sold $16 11/10 cash secured put for $0.12.
    • NAPCO ($NSSC) – Added 4 shares at $23.16.
    • Air Product Chemicals ($APD) – Sold position at $290.01.
  • November 8th, 2023
    • Direxion Daily Semi Bull 3X ($SOXL) – Closed $16 11/10 cash secured put for $0.03, 75% win.
  • November 9th, 2023
    • Schwab US Dividend Equity ETF ($SCHD) – added $50 at $69.36.
    • SPDR S&P 500 ETF ($SPY) – added $50 at $437.60.
    • Siren DIVCON Leaders ETF ($LEAD) – added 1 share at $55.77.
    • ETRACS 2x Levered US Small Cap ETN ($SMHB) – added 6.15 shares at $5.50
    • SoFi Technologies ($SOFI) – Sold $6.5 11/17 cash secured put for $0.12.

That is it for the update this week. Let me know what you think of the progress so far, share with me your progress and questions, interact with me on Twitter and CommonStock as well as the other socials using the links below! Also, tune into the Games N Gains Twitch Stream every Thursday at 6PM MST. I play games, hang out, and chat with y’all about stocks, charts, fundamentals, and anything else you like! I hope to see you in there!

Thank you for reading! See you next week and stay safe!

Regards,

Dividend Dollars

This post 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. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Categories
Dividend Portfolio Dividend Stocks Dividends Portfolio Portfolio Update

Dividend Portfolio: 11/3/23 Weekly Update

Welcome back to the weekly Dividend Dollars portfolio review! This post is brought to you by Koyfin, a powerful analytical tool that I am proud to partner with. Their platform is entirely customizable for whatever investment data you want to look at. I wouldn’t use any other website to dive into a stock’s fundaments. Click the link above or picture below to get a special offer only for Dividend Dollar readers or go give my product review a read if you’re interested!

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 $19,195 into the account. The total value of all positions plus any cash on hand is $19,890.29. That’s a total gain of 3.62%. The account is up $1,238.82 this week which is a +6.64% gain. We added $145 in cash to the account this week, trades made will be broken out below.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -2.18% which puts us 5.80% higher than the market!

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, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI increase from $672 to $679!

Dividends

Over the last week I received two dividends: $1.92 from $SPY and $38.17 from $T

Dividends received for 2023: $484.27

Portfolio’s Lifetime Dividends: $894.68

I tried to build a dashboard of sorts for tracking income from dividends and option premium since I’m starting to try out option selling. Check out that other graphic below and let me know what kind of tracking you like better!

Trades

This week was a killer week, with nearly a 5% swing higher in $SPY! Our account got carried higher with the market, but we also had a good number of outperformers with $SBUX, $IBP, $BAC, $CMCSA, $EGP, $INTC, $T, and $MMM all having returns of +7% for the week.

Earnings is in full swing, I’ve spent some time reviewing the reports for $TXN, $EGP, and $LPLA. I liked $LPLA’s report a lot as you can see it was one of my only adds this week. $O also provided a great dip buying opportunity early in the week with the poor reception to the announced acquisition of $SRC.

Those were my only two buys, we had reinvested dividends in $T and $SPY, and executed a few option sales. Below is a detailed breakdown of all trades this week:

  • October 30th, 2023
    • SoFi Technologies ($SOFI) – Closed $6 11/3 cash secured put for $0.04, $13 or 76% gain.
    • AT&T ($T) – Sold $16 11/10 covered call for $0.08.
  • October 31st, 2023
    • Realty Income ($O) – Added 1.3 shares at $47.
    • SPDR S&P 500 ETF ($SPY) – Dividend reinvested.
  • November 1st, 2023
    • Direxion Daily Semi Bull 3X ($SOXL) – Closed $12.5 11/3 cash secured put for $0.02, $11 or 84% gain.
    • AT&T ($T) – Dividend reinvested.
  • November 2nd, 2023
    • Marathon Digital ($MARA) – Sold $7.5 11/10 cash secured put for $0.08.
    • LPL Financial ($LPLA) – added 1 share at $222.52.

$SPY Swing Win!

Normally, this is where the weekly update will end, but I have another HUGE win to share on the blog that has happened in my options trading account.

I hardly ever write about my speculative day/swing trading account as my ability to consistently execute and win is pretty poor. I am more than willing to stomach some losses on my trading account as I treat it as a hobby and learning experience, others may not be so risk tolerant! I don’t want to inadvertently cause others unnecessary losses by sharing the riskier trades in my options account. Therefore, this may be the only time you see content like this on this blog.

With that disclosure now out of the way, last Friday I opened an aggressive swing on $SPY. At the time, $SPY was trading around $410-$415. I opened a 12/1 $423 call option for $5.12. At market close today, $SPY was at $434 and my option had risen 215% to $16.14. A $1,100 gain! I have not closed the trade yet as $SPY is sitting on a key Fibonacci level and I’d rather let that play out for a few more days or so before I close.

What triggered this trade for me was a tool called Toggle.AI. For weeks now, I’ve been messing around with this website that generates AI powered investing insights that are based on historical outcomes. They have used the aggregate number of insights at any given time to create a handful of indicators (Leading, Rangefinder, and Peak/Trough Probability). On a $SPY chart, I plotted when these indicators flashed bullish and compared the next 2-3 week returns to a $SPY call with >30 days expiration at was OTM by >$8. What I found was that when enough of the three indicators are in bullish territory in a short period of time, those calls generally performed really well. Funny enough, after doing this analysis, a number of bullish indicators triggered last week, and I figured I would give it a shot! So, I opened the trade and it worked like a charm!

That is it for the update this week. Let me know what you think of the progress so far, share with me your progress and questions, interact with me on Twitter and CommonStock as well as the other socials using the links below! Also, tune into the Games N Gains Twitch Stream every Thursday at 6PM MST. I play games, hang out, and chat with y’all about stocks, charts, fundamentals, and anything else you like! I hope to see you in there!

Thank you for reading! See you next week and stay safe!

Regards,

Dividend Dollars

This post 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. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Categories
Dividend Portfolio Dividend Stocks Dividends Portfolio Portfolio Update

Dividend Portfolio: 10/27/23 Weekly Update

Welcome back to the weekly Dividend Dollars portfolio review! This post is brought to you by Koyfin, a powerful analytical tool that I am proud to partner with. Their platform is entirely customizable for whatever investment data you want to look at. I wouldn’t use any other website to dive into a stock’s fundaments. Click the link above or picture below to get a special offer only for Dividend Dollar readers or go give my product review a read if you’re interested!

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 $19,050 into the account. The total value of all positions plus any cash on hand is $18,471.323. That’s a total loss of -3.04%. The account is down $304.29 this week which is a -1.62% loss. We added $145 in cash to the account this week, trades made will be broken out below.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -7.59% which puts us 4.55% higher than the market!

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, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI increase from $667 to $672!

Dividends

Over the last week I received two dividends: $12.28 from $SMHB and $5.38 from $CMCSA

Dividends received for 2023: $444.18

Portfolio’s Lifetime Dividends: $854.58

I tried to build a dashboard of sorts for tracking income from dividends and option premium since I’m starting to try out option selling. Check out that other graphic below and let me know what kind of tracking you like better!

Trades

This week was a tough week for the markets. We took it as an opportunity to do our monthly $50 adds to our ETF positions and try out some put selling. Instead of buying specifically $50 in $LEAD and $SCHD, we just decided to buy 1 full share since the price was close enough. We added 2 shares to $INTC the day before their earnings report (which crushed by the way). We sold out of $HLNE, simply because I want to start consolidating positions and $LPLA seems to be a better stock in a similar sub-industry. This triggered a $21 loss. We also reinvested all dividends.

Below is a detailed breakdown of the trades I made this week:

  • October 23rd, 2023
    • Siren DIVCON Leaders ETF ($LEAD) – added 1 shares at $53.65.
    • ETRACS 2x Levered US Small Cap ETN ($SMHB) – reinvested dividend.
  • October 24th, 2023
    • AT&T ($T) – Sold $16 11/3 covered call for $0.09.
    • Schwab US Dividend ETF ($SCHD) – added 1 shares at $69.17
  • October 25th, 2023
    • SoFi Technologies ($SOFI) – Sold $6 11/3 cash secured put for $0.17.
    • Comcast ($CMCSA) – dividend reinvested.
  • October 26th, 2023
    • Direxion Daily Semi Bull 3X ($SOXL) – Sold $12.5 11/3 cash secured put for $0.13.
    • Hamilton Lane ($HLNE) – sold 2.01 share position at $80.81.
    • Intel ($INTC) – added 2 shares at $32.30.
  • October 27th, 2023
    • AT&T ($T) – closed $16 11/3 covered call for $0.01, 89% win.
    • SPDR S&P 500 ETF ($SPY) – added 0.121 shares at $413.12.

That is it for the update this week. Let me know what you think of the progress so far, share with me your progress and questions, interact with me on Twitter and CommonStock as well as the other socials using the links below! Also, tune into the Games N Gains Twitch Stream every Thursday at 6PM MST. I play games, hang out, and chat with y’all about stocks, charts, fundamentals, and anything else you like! I hope to see you in there!

Thank you for reading! See you next week and stay safe!

Regards,

Dividend Dollars

This post 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. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Categories
Dividend Portfolio Dividend Stocks Dividends Portfolio Portfolio Update Strategy Trend Trade

Dividend Portfolio: 10/20/23 Weekly Update

Welcome back to the weekly Dividend Dollars portfolio review! This post is brought to you by Koyfin, a powerful analytical tool that I am proud to partner with. Their platform is entirely customizable for whatever investment data you want to look at. I wouldn’t use any other website to dive into a stock’s fundaments. Click the link above or picture below to get a special offer only for Dividend Dollar readers or go give my product review a read if you’re interested!

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 $18,905 into the account the total value of all positions plus any cash on hand is $18,751.13. That’s a total loss of -0.81%. The account is down $244.39 this week which is a -1.29% loss. We added $145 in cash to the account this week, trades made will be broken out below.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -5.19% which puts us 3.85% higher than the market!

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, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI decreased from $672 to $667!

Dividends

Over the last week I received no dividends, but reinvested dividends from $O and $EGP that came last Friday.

Dividends received for 2023: $426.53

Portfolio’s Lifetime Dividends: $836.93

I tried to build a dashboard of sorts for tracking income from dividends and option premium. Check out that other graphic below and let me know what kind of tracking you like better!

Trades

This week was a tough week for the markets. We didn’t make a ton of moves. First we hit our next add level for the turtle trade in $PPA. The stop level for that was hit two days later, forcing an exit out of the play. Time to try again. If you want to learn more about the turtle trend strategy, I have published a full article on it which you can read here. The below table is a log of the trades taken under the strategy so far.

Then, we closed our $T $15.5 covered call for a 20% win before it went higher than our strike price after a positive earnings report.

Below is a detailed breakdown of the trades I made this week:

  • October 17th, 2023
    • Invesco Aerospace & Defense ETF ($PPA) – added 8 shares at $83.86, turtle trade add.
  • October 20th, 2023
    • Invesco Aerospace & Defense ETF ($PPA) – sold full position at $81.52, stop hit on trend trade.
    • AT&T ($T) – closed $15.5 10/20 covered call for $0.08, $2 or 20% win.

That is it for the update this week. Let me know what you think of the progress so far, share with me your progress and questions, interact with me on Twitter and CommonStock as well as the other socials using the links below! Also, tune into the Games N Gains Twitch Stream every Thursday at 6PM MST. I play games, hang out, and chat with y’all about stocks, charts, fundamentals, and anything else you like! I hope to see you in there!

Thank you for reading! See you next week and stay safe!

Regards,

Dividend Dollars

This post 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. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Categories
Dividend Portfolio Dividend Stocks Dividends Portfolio Portfolio Update

Dividend Portfolio: 10/13/23 Weekly Update

Welcome back to the weekly Dividend Dollars portfolio review! This post is brought to you by Koyfin, a powerful analytical tool that I am proud to partner with. Their platform is entirely customizable for whatever investment data you want to look at. I wouldn’t use any other website to dive into a stock’s fundaments. Click the link above or picture below to get a special offer only for Dividend Dollar readers or go give my product review a read if you’re interested!

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 $18,760 into the account the total value of all positions plus any cash on hand is $18,739.64. That’s a total loss of -0.11%. The account is up $152.27 this week which is a 0.82% gain. We added $145 in cash to the account this week, trades made will be broken out below.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -2.87% which puts us 2.76% higher than the market!

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, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI increased from $663 to $672!

Dividends

Over the last week I received three dividends: $9.73 from $BBY, $2.85 from $O, and $2.54 from $EGP.

Dividends received for 2023: $426.53

Portfolio’s Lifetime Dividends: $836.93

Trades

This week was a tough week for the markets. We didn’t make a ton of moves. First, we added down into $NEE this week. They’ve been beaten up the past few weeks on news of a growth cut for their subsidiary $NEP. The steep sell off on $NEE seems to be an overreaction as $NEE has confirmed their full year guidance and analysts have increased their buy ratings.

Then, we did some premium collecting work with selling a covered call on $T and a cash secured put on $TSLL. We later closed the $TSLL put for a 50% win and the $T covered call is still open at a 40% win. I’m going to try to be more active with option selling as capital and positions allow. Below is our total activity with options since starting this portfolio.

Then, we found a new turtle trend trade play in $PPA. We initiated a position at $82.81 and have the next scale planned at $83.89. The last trend trade in $URNM was a huge success, so I am excited to try and catch another win. If you want to learn more about the turtle trend strategy, I have published a full article on it which you can read here. The below table is a log of the trades taken under the strategy so far.

Lastly, we reinvested the $BBY dividend, the other dividends will be reinvested on Monday. Below is a breakdown of the trades I made this week:

  • October 9th, 2023
    • Sold $15 10/13 $TSLL put for $10 premium.
    • NextEra Energy ($NEE) – added 3 shares at $49.06
    • Sold $15.5 10/20 $C call for $10 premium.
  • October 10th, 2023
    • Bought $TSLL put for $5, 50% win.
    • Invesco Aerospace & Defense ETF ($PPA) – added 13 shares at $82.81, new turtle trade.
    • Best Buy ($BBY) – dividend reinvested.Summary

That is it for the update this week. Let me know what you think of the progress so far, share with me your progress and questions, interact with me on Twitter and CommonStock as well as the other socials using the links below! Also, tune into the Games N Gains Twitch Stream every Thursday at 6PM MST. I play games, hang out, and chat with y’all about stocks, charts, fundamentals, and anything else you like! I hope to see you in there!

Thank you for reading! See you next week and stay safe!

Regards,

Dividend Dollars

This post 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. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Categories
Dividend Stocks Portfolio

Dividend Portfolio: 10/6/23 Weekly Update

Welcome back to the weekly Dividend Dollars portfolio review! This post is brought to you by Koyfin, a powerful analytical tool that I am proud to partner with. Their platform is entirely customizable for whatever investment data you want to look at. I wouldn’t use any other website to dive into a stock’s fundaments. Click the link above or picture below to get a special offer only for Dividend Dollar readers or go give my product review a read if you’re interested!

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 $18,615 into the account the total value of all positions plus any cash on hand is $18,442.15. That’s a total loss of -1.04%. The account is down $392.31  this week which is a -2.09% loss. We added $145 in cash to the account this week, trades made will be broken out below.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -3.30% which puts us 2.26% higher than the market!

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, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI increased from $641 to $663!

Dividends

Over the last week I received two dividends: $0.66 from $IBP and $0.89 from $HLNE

Dividends received for 2023: $411.41

Portfolio’s Lifetime Dividends: $821.81

Trades

This week was a tough week for the markets. We didn’t make a ton of moves, but the moves that we made were big ones.

First, we made a large ~13 share purchase on $BAC. Bank of America has had a brutal week and month losing 5.6% and 8.3%, respectively. Morgan Stanley reduced their price target for the bank by two dollars to $32. Banks and high yielding dividend stocks have come under pressure as Treasury yields continue to climb. As the risk-free rate goes higher, the premium needed to make the value proposition of holding these stocks becomes harder for investors to stomach. $BAC earnings comes up on 10/17 and $0.80 EPS and $25.13B revenue are expected. Recent moves in the stock price shows that the market thinks this is a lofty expectation. A recession still potentially looms over the economy and eventual rate cuts could hurt the banking sector’s performance. However, history shows us that that impact only lasts for the short term. If that happens, it could be a good buying opportunity. However, I think the more likely case is that the economy actually avoids a recession and the fear in the market and industry right now provides a good buying opportunity. Therefore, I increased my position substantially this week.

Then, our 10-day trailing stop on $URNM was hit at $43.21. I’m a little frustrated because the stock bounced back up after that red day. It closed the week at $45.31 and with the exception that last red day, this sucker could still run for who knows how long! But we still won with a 15% gain. Oh well, we will keep our eyes peeled for the next turtle play. If you want to learn more about the turtle trend strategy, I have published a full article on it which you can read here. The below table is a log of the trades taken under the strategy so far.

Then, we sold $15 10/6 covered call on $T for a $1 premium. It’s hardly anything to celebrate, but I figured I should start being more proactive with squeezing out whatever bonus income I can get out of that position. The call expired worthless on Friday, giving me a 100% on that $1.

Then, similar to the thinking with the $BAC add, we did an add to $O. But this was a much smaller add. We also added to $SMHB as small caps are nearing a support level and yields are getting attractive, this dip in the sector looks like a gift.

Lastly, reinvested our $HLNE and $IBP dividends. Below is a breakdown of the trades I made this week:

  • October 2nd, 2023
    • Installed Building Products ($IBP) – dividend reinvested.
  • October 3rd, 2023
    • Bank of America ($BAC) – added 13.65 shares at $26.12.
  • October 4th, 2023
    • Sprott Uranium Miners ETF ($URNM) – sold position at $43.16, stop hit for a 15% win.
  • October 5th, 2023
    • AT&T ($T) – sold 10/6 $15 covered call for $1, expired worthless.
  • October 6th, 2023
    • Hamilton Lane ($HLNE) – dividend reinvested.
    • Realty Income ($O) – 1.3 shares added at $49.69.
    • ETRACS 2xMonthly Levered Small Cap ($SMHB) – added 20 shares at $5.49.

Summary

That is it for the update this week. Let me know what you think of the progress so far, share with me your progress and questions, interact with me on Twitter and CommonStock as well as the other socials using the links below! Also, tune into the Games N Gains Twitch Stream every Thursday at 6PM MST. I play games, hang out, and chat with y’all about stocks, charts, fundamentals, and anything else you like! I hope to see you in there!

Thank you for reading! See you next week and stay safe!

Regards,

Dividend Dollars

This post 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. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Categories
Dividend Stocks Dividends Portfolio

Dividend Portfolio: 9/29/23 Weekly Update

Welcome back to the weekly Dividend Dollars portfolio review! This post is brought to you by Koyfin, a powerful analytical tool that I am proud to partner with. Their platform is entirely customizable for whatever investment data you want to look at. I wouldn’t use any other website to dive into a stock’s fundaments. Click the link above or picture below to get a special offer only for Dividend Dollar readers or go give my product review a read if you’re interested!

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 $18,470 into the account the total value of all positions plus any cash on hand is $18,672.90. That’s a total gain of 1.10%. The account is down $105.74 this week which is a -0.56% loss. We added $145 in cash to the account this week, trades made will be broken out below.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -3.76% which puts us 4.86% higher than the market!

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, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI decreased from $641 to $621! The decrease is because of the sale of an ETF position which we will detail below.

Dividends

Over the last week I received three dividends: $8.43 from $SCHD, $4.19 from $XYLG, and $8.89 from $BAC. The dividend from $BAC will be automatically reinvested on Monday.

Dividends received for 2023: $409.86

Portfolio’s Lifetime Dividends: $820.26

Trades

This week we did our weekly $10 buys into our ETFs of $SPY, $SCHD, and $XYLG.

We started a new position in $EGP, an industrial REIT. I’m not the biggest fans of REITs, $O has put a bad taste in my mouth for them and the business structure of regular share issuances to raise capital for real estate is not accretive to capital appreciation. However, $EGP has shown some tremendous share price growth in its history, dividend growth as well. I am bullish on that and am also bullish on their targeted focus of smaller sized industrial real estate (most of their tenants are sub 100k sf) in sun belt states. Because of my day job, I am familiar with the industrial real estate market in Arizona, Nevada, and Texas. Those areas make up a large portion of $EGP’s portfolio, so I am quite comfortable with this new position and look forward to building it out.

We sold $RCRUY for a loss, mental stop loss was hit.

We sold out of our $XYLG position and swapped it for $LEAD. The reason for the sell of $XYLG is because covered call ETFs tend to underperform compared to its underlying equity. Even though the yield is nice, the capital depreciation you get over time makes underperform. So, I cut it and wanted to put those funds in a dividend growth ETF. I am not the biggest fan of the dividend growth ETFs that are out there ($VIG and $DGRO for example, maybe even $SCHD a little), because they over diversify and end up holding onto some bad stocks. I dug and found $LEAD, a dividend growth focused ETF with a much better system. I wrote a longer article about that position, click the link here. A comment also made within that article is that we will be switching to monthly $50 adds to the ETF positions instead of $10 weekly adds.

Lastly, we did some adds into $O and $NEE. $O was an opportunistic add under $50. $NEE got beat up this week because of the news with $NEP (a subsidiary they own 55% of) cutting their growth expectations. That growth cut shouldn’t affect $NEE in a large way, in fact, they reaffirmed their guidance for the years and analysts have been reaffirming their estimates and even added buy ratings.

Then, we had some dividend reinvestments and continue to monitor our turtle trade in $URNM which in has been flying higher this week! We are fully scaled in and have our stop set at $43.21, giving us a guaranteed 15% win so far. We continue to move the stop up as the 10-day low moves higher with the trend! If you want to learn more about the turtle trend strategy, I have published a full article on it which you can read here. The below table is a log of the trades taken under the strategy so far.

Below is a breakdown of the trades I made this week:

  • September 25th, 2023
    • East Group Properties Inc ($EGP) – added 2 shares at $169.9.
  • September 26th, 2023
    • Schwab US Dividend Equity ETF ($SCHD) – weekly $10 buy for 0.136537 shares and dividend reinvested.
    • SPDR S&P 500 ETF ($SPY) – weekly $10 buy for 0.022655 shares.
    • Global X S&P 500 Covered Call & Growth ETF ($XYLG) – weekly $10 buy for 0.366032 shares.
    • Global X S&P 500 Covered Call & Growth ETF ($XYLG) – dividend reinvested.
  • September 28th, 2023
    • Recruit Holdings ($RCRUY) – sold full 50 share position at $6.09 for an 8% loss.
    • Global X S&P 500 Covered Call & Growth ETF ($XYLG) – Sold full 39.2 share position at $26.71 for a 1% loss.
    • Siren DIVCON Leaders Dividend ETF ($LEAD) – added 15 shares at $55.14.
    • Realty Income ($O) – added 2 shares at $49.37.
  • September 29th, 2023
    • NextEra Energy ($NEE) – added 3 shares at $57.37.

Summary

That is it for the update this week. These weeks are my favorite. Very little moves to report, but all of the right positions are progressing and keeping us above the market’s performance! Looking forward to future.

Let me know what you think of the progress so far, share with me your progress and questions, interact with me on Twitter and CommonStock as well as the other socials using the links below! Also, tune into the Games N Gains Twitch Stream every Thursday at 6PM MST. I play games, hang out, and chat with y’all about stocks, charts, fundamentals, and anything else you like! I hope to see you in there!

Thank you for reading! See you next week and stay safe!

Regards,

Dividend Dollars

This post 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. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Categories
Dividend Stocks Dividends Due Diligence

A Better Dividend ETF ($LEAD)

Check this out, stocks that begin and grow their dividends have had better returns and less volatility than the equal weight S&P 500 ($RSP) for nearly 50 years.

This fact has made me consider moving my ETF positions around a little bit. I have about $1k in $XYLG that I have wanted to cut and put somewhere else for a while now, and I made a move on that yesterday.

I came across a potential dividend growth ETF to replace it. It is $LEAD. It’s a small Siren ETF with a somewhat high expense ratio, but I love their strategy.

Their strategy is designed to capitalize on this theory that consistent dividend growers outperform. They’ve developed a criteria that gives them a selection of companies with the highest probability of a dividend increase in the following 12 months. These picks are determined using a proprietary dividend health scoring system and weighting methodology that ranks the largest 500 US companies using 7 quantitative factors that correlate with dividend growth likelihood.

Those factors are weighted on effectiveness and summed together to provide a “DIVCON” score of 1-5, with 1 being most likely to decrease the dividend and 5 being the most likely to increase the dividend. The ETF selects all the stocks that scored the highest and weights them according to the score. They rebalance the ETF on the first Friday of every December.

Weighting the holdings based on likelihood of an increase seems like a better system than weighting by market-cap, or dividend dollars, or dividend history, like what $DGRO and $VIG use. Using the DIVCON score cuts some fat out of the portfolio compared to other larger ETFs that hold onto poor performing positions like $BAC, $TGT, $NKE, $DG, $MMM, $FIS, $SWK, $VZ.

$LEAD holdings averaged a 71% gain over the last 3 years, only 1 out 57 holdings were negative. For $DGRO, 56 out of the current 432 holdings lost money in 3 years and had an average return of 56%. $VIG has 34 holdings in the current 318 positions that last money the last three years and had an average return of 53%. I also created mock $100,000 portfolios for $LEAD, $VIG, and $DGRO using their current weightings and the results were interesting. $LEAD has a lower overall yield, scored higher on dividend safety, and has higher dividend growth over the last five years which also is represented in the steeper income forecast.

It seems that $LEAD will beat its dividend growth ETF competitors over time. It also beat $SPY with a little margin over the last 7 years since its inception, a feat that few dividend growth ETFs can claim. Overall, $LEAD appears to have better capital appreciation potential, better dividend growth potential, and a more concise and intelligently selected portfolio (picture 4).

This seems worth the steeper expense ratio. The only downside in my opinion is the fact that it is such a small ETF, they only have $47M in assets. This leads to low volume, wider spreads when trading shares, and increased risk that the management company closes the fund.

Overall, I like this pick much better than $XYLG or other dividend ETFs for that matter. So we sold all of $XYLG yesterday and bought 15 shares of $LEAD to swap out the positions.

Because of the lack of volatility in $LEAD, my weekly $10 buys into my ETFs will lose a lot of value to the bid-ask spread on this one. So I will be shifting that strategy to add $50 to my ETFs every month. Less regular buys should help me navigate the margin better.

Categories
Dividend Stocks Dividends Due Diligence Portfolio Trend Trade

Dividend Portfolio: 9/22/23 Weekly Update

Welcome back to the weekly Dividend Dollars portfolio review! This post is brought to you by Koyfin, a powerful analytical tool that I am proud to partner with. Their platform is entirely customizable for whatever investment data you want to look at. I wouldn’t use any other website to dive into a stock’s fundaments. Click the link above or picture below to get a special offer only for Dividend Dollar readers or go give my product review a read if you’re interested!

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 $18,325 into the account the total value of all positions plus any cash on hand is $18,630.98. That’s a total gain of 1.66%. The account is down $578.89 this week which is a -3.01% loss. We added $145 in cash to the account this week, trades made will be broken out below.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -3.04% which puts us 4.70% higher than the market!

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, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI decreased from $657 to $643! The decrease is because of the sale of my bond positions.

Dividends

Over the last week I received three dividends: $6.35 from $SMHB, $4.91 from $LMT, and $0.48 from $NSSC. $LMT & $NSSC were received on Friday and will be reinvested on Monday.

Dividends received for 2023: $388.35

Portfolio’s Lifetime Dividends: $798.75

Trades

This week we did our weekly $10 buys into our ETFs of $SPY, $SCHD, and $XYLG.

We added to $INTC on Tuesday after watching their innovation conference. The event featured the announcement of the Meteor Lake generation, a demo of the Lunar Lake system, road map to the Panther Lake system by 2025, showed off the world’s first working UCIe-enabled chiplet-based process, transitioning away from resin to glass, and announced the 288 core Xeon processor coming 2024. A lot of good stuff! However, the stock price slid after the event as the items showed didn’t capture imaginations or impress on the AI leaning products. I think the conference laid out an awesome road map of things coming, what they are, and when to expect them. This is key as it reinforces confidence in Intel and their execution which has previously been plagued by delays and issues that disappointed investors.

Next, we sold off our bond exposure position in $AGG. I think the thesis for a rate pause is still valid, and that intermediate-core bonds will do well in the next year or so. However, I wanted the cash free to buy into things this week and next week. Read the thesis for that trade here, and if you stay in the play without me, I wish you luck!

Next (and this isn’t a trade but just something to mention), $NVO under went a 2:1 split. This was done to increase share liquidity in their domestic market and for the ADR. This change is reflected in the portfolio.

Lastly, we added to a newer position in $IBP. The stock is down 15% in a month, mostly due to selling pressure on housing-related stocks due to rate concerns. Market cycles aside, this company has a strong track record of executing on beneficial M&As to grow their operations and efficiencies. Regardless of the macro, they’ll continue to do this in the long-term, making it a solid cyclical compounder for the portfolio.

Then, we had some dividend reinvestments and continue to monitor our turtle trade in $URNM which bounced back amazingly this week and reached a 22% gain! We are fully scaled in and have our stop set at $40.37, giving us a guaranteed 7.6% win so far. We continue to move the stop up as the 10 day low moves higher with the trend! If you want to learn more about the turtle trend strategy, I have published a full article on it which you can read here. The below table is a log of the trades taken under the strategy so far.

Below is a breakdown of the trades I made this week:

  • September 19th, 2023
    • Intel ($INTC) – added 2 shares at $37.03.
    • Schwab US Dividend Equity ETF ($SCHD) – weekly $10 buy for 0.136537 shares.
    • SPDR S&P 500 ETF ($SPY) – weekly $10 buy for 0.022655 shares.
    • Global X S&P 500 Covered Call & Growth ETF ($XYLG) – weekly $10 buy for 0.366032 shares.
  • September 21st, 2023
    • iShares Core US Aggregate Bond ETF ($AGG) – sold full position at $94.65.
  • September 22nd, 2023
    • $SMHB dividend reinvested.
    • Installed Building Products ($IBP) – added 1 share at $123.27

Summary

That is it for the update this week. These weeks are my favorite. Very little moves to report, but all of the right positions are progressing and keeping us above the market’s performance! Looking forward to future.

Let me know what you think of the progress so far, share with me your progress and questions, interact with me on Twitter and CommonStock as well as the other socials using the links below! Also, tune into the Games N Gains Twitch Stream every Thursday at 6PM MST. I play games, hang out, and chat with y’all about stocks, charts, fundamentals, and anything else you like! I hope to see you in there!

Thank you for reading! See you next week and stay safe!

Regards,

Dividend Dollars

This post 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. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Categories
Dividend Stocks Dividends Personal Finance Portfolio Trend Trade

Dividend Portfolio: 9/15/23 Weekly Update

Welcome back to the weekly Dividend Dollars portfolio review! This post is brought to you by Koyfin, a powerful analytical tool that I am proud to partner with. Their platform is entirely customizable for whatever investment data you want to look at. I wouldn’t use any other website to dive into a stock’s fundaments. Click the link above or picture below to get a special offer only for Dividend Dollar readers or go give my product review a read if you’re interested!

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 $18,180 into the account the total value of all positions plus any cash on hand is $19,060.11. That’s a total gain of 4.84%. The account is up $187.91 for the week which is a 0.99% gain. We added $145 in cash to the account this week, trades made will be broken out below.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -0.12% which puts us 4.96% higher than the market!

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, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI increased from $654 to $657!

Dividends

Over the last week I received four dividends: $12.47 from $MMM, $2.23 from $MSFT, $2.32 from $O, and $2.38 from $NEE. $O and $NEE were received on Friday and will be reinvested on Monday.

Dividends received for 2023: $376.60

Portfolio’s Lifetime Dividends: $787.00

Trades

This week we did our weekly $10 buys into our ETFs of $SPY, $SCHD, and $XYLG.

We added to our new position in $HLNE. I’ve did some more digging into the company since last month. Not enough to feel confident in a full position, but confident enough that I’d like to add! In addition to that, the price of the stock has been basing for over month since its last run up. Volatility is reaching a historical low, which typically precludes a push higher. Will be keeping my eye on this.

Aside from dividend reinvestments, that was our last move. We kept monitoring our turtle trade in $URNM which progressed amazingly this week and reached a 20% gain! We are fully scaled in and have our stop set at $38.75. Continue to move the stop up as the 10 day low moves higher with the trend! If you want to learn more about the turtle trend strategy, I have published a full article on it which you can read here. The below table is a log of the trades taken under the strategy so far.

Below is a breakdown of the trades I made this week:

  • September 12th, 2023
    • Schwab US Dividend Equity ETF ($SCHD) – weekly $10 buy for 0.135062 shares.
    • SPDR S&P 500 ETF ($SPY) – weekly $10 buy for 0.022303 shares.
    • Global X S&P 500 Covered Call & Growth ETF ($XYLG) – weekly $10 buy for 0.36075 shares.
    • Hamilton Lane Incorporated ($HLNE) – added 1 share at $92.56.
    • 3M ($MMM) – dividend reinvested.
  • September 14th, 2023
    • Microsoft ($MSFT) – dividend reinvested.

Summary

That is it for the update this week. These weeks are my favorite. Very little moves to report, but all of the right positions are progressing and keeping us above the market’s performance! Looking forward to future.

Let me know what you think of the progress so far, share with me your progress and questions, interact with me on Twitter and CommonStock as well as the other socials using the links below! Also, tune into the Games N Gains Twitch Stream every Thursday at 6PM MST. I play games, hang out, and chat with y’all about stocks, charts, fundamentals, and anything else you like! I hope to see you in there!

Thank you for reading! See you next week and stay safe!

Regards,

Dividend Dollars

This post 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. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!