Category: Dividends

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Dividend Stocks Dividends Portfolio

Dividend Portfolio: 1/21/2021 Week in Review

Welcome back to Dividend Dollars! Whew what a week!

The market had a rough time with all three major indexes posting a losing week, with the S&P down by 5%. The NASDAQ posted its worst week since October of 2020. While weeks like this scare people about our economic future, these are the weeks where wealth is made! I am sitting on some cash and held back on my purchases with week with the hopes that we see more downside soon. You will see more substantial purchases from me then. But for now, lets get into the portfolio update.

Every week I write an update on the dividend portfolio as we build it so that we can track its progress. I will give an overview of what the portfolio is invested in, its value, the dividends received, trades made, and any news or business announcements that may be of interest to our positions.

Portfolio Value

To date, I have invested $5,520 into the account, the total value of all positions plus any cash on hand is $5,739.21. That’s a gain of $219.21 for a total return of 3.97%. The account is down $193.96 for the week which is a 3.27% loss. We are not down as bad as the rest of the indexes!

We started building this portfolio on 9/27/2021 and have already built a significant amount of diversity that has kept our portfolio from experiencing losses as large as the indexes have for the past two weeks. Fingers crossed we keep this up!

We added $115 to the account this week. A significant chunk of that money added was put towards adding to positions in Aflac and Allstate as you will see further down.

Portfolio

Above is a dashboard of the portfolio as tracked through simplysafedividends.com. I use that site for tracking forecasted dividend income, yield, annual income, 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. Usually, a chunk of my buys throughout the week are buys from my monthly stock picks. You can read about January’s stock picks here. I use a stock screener to find potentially undervalued stocks with safe and growing dividends. All stock picks (for this month and previous months) are highlighted in blue.

This week our buys added $5 to our annual dividend income. Our dividend yield increased by 0.15% and our beta went down by 0.04. The increase in dividend yield is more so a result of loses this week, which raise the yield, it is not because of my purchases. However, my portfolio’s dividend yield may be just slightly higher than you will see in other portfolios, however that is strategic per my time horizon. I am in my 20s and just starting off this investment journey, so a higher dividend yield gives me greater cash flow now to reinvest which help me realize the benefits of compounding sooner. As for the decrease in beta, I like seeing that. Especially in times of uneasiness. It means my portfolio won’t dip as much as the rest of the market on red days, however, it does go the other way around and I won’t have as much green on the good days. Therefore, it is good to watch your beta in terms of cyclicity.

Dividends

This week we received 1 dividend from CAH for $0.98.

Dividends received for January 2022: $16.11

Year-To-Date Dividends: $39.04

Trades

Here’s the breakdown of the trades I made this week:

  • January 18th
    • BBY – added 0.2 shares at $97.45
    • CAH – dividend reinvested for 0.018676 shares
  • January 19th
    • SCHD – added 0.124339 shares at $80.43 (weekly add)
    • XYLD – added 0.199557 shares at $50.11 (weekly add)
  • January 20th
    • ALL – added 0.5 shares at $121.04
    • UWMC – Sold 2/11 $6 covered call for $12 premium
    • UWMC – added 5 shares at $5.53

Noteworthy News

This section of the post will identify some headlines that may be of import to our positions. If they are important enough, we will also call out in the posts if the news calls for actions to readjust our portfolio.

Other than just the general state of the market I only have one news update for us.

It is the $69 billion dollar deal that Microsoft is executing to acquire Activision. Activision is a huge video game developer known for extremely popular brands such as Diablo, Overwatch, Candy Crush, Call of Duty, and more. Microsoft has done a great job of acquiring studios to fill out their gamepass content and it has paid off. They are steps and steps above the competition. Their gamepass market expands outside of just their Xbox player base but also to computer users with a total of 25 million subscribers. Add to that Activision’s 400 million monthly active players and Microsoft’s gamepass will be a bursting with users. Microsoft will acquire Activision at about $95 per share in the all cash deal. The deal will close in 2023. In the dark cloud of the misconduct and sexual allegations currently surrounding Activision’s CEO, I believe the deal pays a decent premium to Activision given their current state and gives a perfect platform for the CEO to step down and allow Microsoft to run with Activision and turn it around. Seems like great timing and offers some awesome potential for return on investment.

Investor mindset aside, I am extremely excited about this deal, I love Diablo!

Summary

That is it for the update this week. Let’s kill it next week. Stay patient and stable. Don’t let this market scare. Be ready to buy income producing assets at a discount!

 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!

Categories
Dividend Stocks Dividends Portfolio

Dividend Portfolio: 1/14/2021 Week in Review

Photo by Pixabay on Pexels.com

Welcome back to Dividend Dollars! Whew what a week!

The market seemed to whip up and down following the myriad of data releases this week that showed a mixture of good and bad numbers. We had a rough start to the week which was followed by a couple days of strength just to hit a down trend for the end of the week. The S&P 500 ended almost flat, NASDAQ ended almost flat, and the DOW ended down nearly 1%.

Every week I write an update on the dividend portfolio as we build it so that we can track its progress. I will give an overview of what the portfolio is invested in, its value, the dividends received, trades made, and any news or business announcements that may be of interest to our positions.

Portfolio Value

To date, I have invested $5,405 into the account, the total value of all positions plus any cash on hand is $5,837.65. That’s a gain of $432.65 for a total return of 8%. The account is up $98.43 for the week which is a 1.72% gain.

Love seeing these gains! We started building this portfolio on 9/27/2021 and are starting to get close to a 10% gain! I think we should hit it in our first 6 months. Fingers crossed. Within that same time frame the S&P 500 has only experienced a 7.02% gain. We’re beating the S&P by almost a whole percent! Let’s hope we can keep up this great progress as we continue to add to our portfolio.

We added $240 to the account this week. A significant chunk of that money added was put towards starting a positions in Aflac and Allstate as you will see further down.

Portfolio

Above is a dashboard of the portfolio as tracked through simplysafedividends.com I use that for tracking forecasted dividend income, yield, annual income, 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. Usually, a chunk of my buys throughout the week are buys from my monthly stock picks. You can ready about January’s stock picks here. I use a stock screener to find potentially undervalued stocks with safe and growing dividends. All stock picks (for this month and previous months) are highlighted in blue.

This week our buys added $9 to our annual dividend income. Our dividend yield decreased by 0.07% and our beta went up by 0.01. Neither of those are particularly a bad or good thing. My portfolio’s dividend yield may be just slightly higher than you will see elsewhere, however that is strategic per my time horizon. I am in my 20s and just starting off this investment journey, so a higher dividend yield gives me greater cash flow now to reinvest which help me realize the benefits of compounding sooner.

Dividends

This week we received 4 dividends. $2.70 from MO, $0.37 from MKC, $0.43 from AQN, and $0.99 from O.

Dividends received for the week of December 20th: $4.49

Dividends received for January 2022: $15.13

Year-To-Date Dividends: $44.20

Trades

Here’s the breakdown of the trades I made this week:

  • January 10th
    • ALL – bought 1 share at $124.65 (new position)
    • UWMC – added 3 shares at $5.71
    • AFL – bought 1 share at 62.37 (new position)
    • MO – $2.70 dividend reinvested for 0.053512 shares
    • MKC – $0.37 dividend reinvested for 0.003902 shares
  • January 12th
    • SCHD – added $10 at $81.75 per share (weekly investment)
    • XYLD – added $10 at $50.70 per share (weekly investment)

Noteworthy News

This section of the post will identify some headlines that may be of import to our positions. If they are important enough, we will also call out in the posts if the news calls for actions to readjust our portfolio.

  • Cardinal Health Says Supply-Chain Issues and Inflation to Ding Medical Segment Profit
    • In this article we see that CAH expects supply chain issues and inflation to cut off $150-$175 million off of their profit in 2022. This comes out to about 40-45 cents less of earnings per share. In order to combat this, CAH says that they are simplyfing their operating model, evolving their commercial contracting strategies, and investing in growth business. When this news came out Monday, shares were down over 8%. I personally think all companies are at risk of loss due to inflation and supply chain issues, so this really is non-news and was already baked into the stock price. Closing the week, a good chunk of that dip has been regained, was a good buying opportunity if you caught it!
  • Canadian Natural Resources expects higher spending, production in 2022
    • This article details that CNQ is forecasting a 25% higher capital expenditure in 2022 as a bet on sustained recoveries of oil and gas prices from the pandemic-driven historical lows. This increase in expenditures should result in an increase in total production. The president of the company said in conference call that they have balanced approach with this to bring production growth while also increasing shareholder returns and lowering debt. CNQ already has a healthy balance sheet and this increase in spending should be good for the company in long term.
  • Warburg-backed Navitas agrees to sale to Enterprise Products Partners
    • EPD will be acquiring Navitas Midstream Partners Holdings LLC in a $3.25 billion dollar cash deal. Navitas added 750 miles of new pipeline last year which was a very difficult time in the energy industry. Similar to the CNQ headline, this is strategic move to promote growth in a market that will prove to be very lucrative for oil and gas companies.
  • Intel Names Micron Executive David Zinsner As CFO — Analyst Terms The Move As Positive For The Chipmaker
    • Intel has hired David Zinser from Micron as their CFO and internally promoted Michelle Johnston Holthaus, a 25 year company veteran, to lead the client computing group. The CCG group accounts for over half of Intel’s revenues. Both moves appear to be smart moves per Zinser’s success at Micron and Holthaus’ performance through their career.

Summary

That is it for the update this week. Love seeing all of the news for our oil and energy positions, that sector has been on fire recently! Let’s kill it next week and keep our eyes open for more good buying opportunities! 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! Enjoy your three day weekend!

Categories
Dividend Stocks Dividends Portfolio

Dividend Portfolio: 1/7/2022 Week in Review

Welcome back to Dividend Dollars and congrats on making it through the first trading week of 2022! This week was mostly a down week for the market. This week’s slide quickened when the Federal Reserve indicated that they may be more aggressive on the timing of their first interest rate hike. Data releases show an increase in labor force participation and a huge rise in wage growth which are both economic statistics that encourage the Fed’s case for rate increases. In addition to that, we saw a lower than expected 199,000 jobs created last month. All these things affected the market this last week and may continue to produce more downside.

Even though markets had a rough week, our portfolio probably had its best week yet! We will dive into it here. Every week I write an update on the dividend portfolio so that we can track its progress. I will give an overview of the portfolio and its value, the dividends received, trades made, and any news or business announcements made that may be of interest to our positions.

Portfolio Value

To date, I have invested $5,165 into the account, the total value of all positions plus any cash on hand is $5,520.33. That’s a gain of $355.33 for a total return of 6.88% since inception. The account is up $126.50 for the week which is a 2.35% gain!

This is huge! We started building this portfolio on 9/26/2021 and have hit a gain of 6.88% in under 4 months. Within that same time frame, the S&P 500 has increased by 6.51%. It took nearly a quarter, but as you can see our portfolio is starting to beat the market. Let’s hope we can keep this up as we continue to add money and invest in good positions for the portfolio.

We added $175 to the account this week through adds in a couple of positions as you’ll see below.

Portfolio

Above is a dashboard of the portfolio as tracked through simplysafedividends.com. I use that for tracking forecasted dividend income, yield, annual income, beta, and dividend growth.

Below is an excel sheet that I use to track all of my positions. There you can see my number of shares, shares bought through dividends received, average cost, and gains. The tickers in green are stocks that I bought this week. Usually, a chunk of my buys throughout the week are buys from my monthly stock picks. You can read about January’s stock picks here. I use a stock screener to find potentially undervalued stocks with safe and growing dividends. All stock picks (for this month and previous months) are highlighted in blue.

This week our buys added $8 to our annual dividend income. Our dividend yield decreased by 0.11% and our beta went up by 0.01. Neither of those are particularly a bad or good thing. High dividend yields can mean that a company is paying too much in dividends and could be at risk of needing to cut dividends depending on the healthiness of the balance sheet. 4.41% dividend yield is a little higher than most dividend portfolios I’ve seen. Since I am young and just starting off, a high yield, though risky, gives me greater cash flow now to reinvest which will help me realize the benefits of compounding gains sooner.

Dividends

This week we received two dividends. $10.00 from UWMC and $0.64 from XYLD all of which were reinvested (XYLD will be reinvested at market open on Monday).

Dividends received for the week of January 7th: $10.64

Dividends received for January 2022: $10.64

Year-To-Date Dividends: $33.56

Upcoming dividends for next week are coming from MO and MKC.

Trades

Here’s the breakdown of the trades I made this week:

  • January 3rd
    • VZ – added 1 share at $52.32
  • January 4th
    • BBY – bought 1 share at $103.95 (new position on stock pick)
  • January 5th
    • XYLD – added $10 at $50.72 per share (weekly investment)
    • SCHD – added $10 at $82.23 per share (weekly investment)
  • January 6th
    • UWMC – $10 dividend reinvested at $5.86 for 1.705641 shares
  • January 7th
    • ACC – sold 1 share at $55.39
    • CNQ – added 1 share at $47.05
    • BBY – added 0.1 share at $102.50

Noteworthy News

This section of the post will identify some headlines that may be of import to our positions. If they are important enough, we will also call out in the posts if the news calls for actions to readjust our portfolio. Unfortunately, I have been sick with COVID this week and did not spend much time watching the news, so nothing to share this week.

Summary

That is it for the update this week. Let’s kill it next week and keep our eyes open for more good buying opportunities! 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 and here’s to an amazing 2022 of getting closer to financial freedom!

Categories
Dividend Stocks Dividends Portfolio

Dividend Portfolio: 12/31/2021 Week in Review

Photo by Pixabay on Pexels.com

Welcome back to Dividend Dollars! Happy New Years! Congratulations on making it through the year!

Every week I write an update on the dividend portfolio so that we can track its progress. I will give an overview of the portfolio and its value, the dividends received, trades made, and any news or business announcements made that may be of interest to our positions. This is the last update for the year 2021!

Portfolio Value

To date, I have invested $4,990 into the account, the total value of all positions plus any cash on hand is $5,218.20. That’s a gain of $228.20 for a total return of 4.37%. The account is up $32.51 for the week which is a 0.63% gain.

We added $145 to the account this week through adds to a couple of positions as you’ll see below.

Portfolio

Below is a table of everything we are invested in so far. The tickers in green are stocks that I bought this week. Usually, a chunk of my buys throughout the week are buys from this month’s stock picks. You can read that article here. I use a stock screener to find potentially undervalued stocks with safe and growing dividends. I will add to positions on the picks, start new positions, and add to other existing positions as good buying opportunities presents themselves. Stock picks for this month are LMT, SJM, and CVX.

This week our buys added $5 to our annual dividend income. Our dividend yield decreased by 0.06% and our beta went down by 0.01. Neither of those are particularly a bad or good thing. High dividend yields can mean that a company is paying too much in dividends and could be at risk of needing to cut dividends depending on the healthiness of the balance sheet. 4.52% dividend yield is a little higher than most dividend portfolios I’ve seen. Since I am young and just starting off, a high yield, though risky, gives me greater cash flow now to reinvest which will help me realize the benefits of compounding gains sooner.

Dividends

This week we received two dividends. $5.60 from LMT and $6.00 from EOG all of which were reinvested.

Dividends received for the week of December 27th: $11.60

Dividends received for December 2021: $18.07

Year-To-Date Dividends: $22.92

Trades

Here’s the breakdown of the trades I made this week:

  • December 27th
    • ACC – bought 1 share at $55.93 (new position)
    • LMT – $5.60 dividend reinvested at $350.44 per share
  • December 28th
    • SJM – added 0.50 shares at $133.46
  • December 29th
    • XYLD – added $10 at $51.11 per share (weekly investment)
    • SCHD – added $10 at $80.86 per share (weekly investment)
    • EOG – $6.00 dividend reinvested at $88.95 per share

Noteworthy News

This section of the post will identify some headlines that may be of import to our positions. If they are important enough, we will also call out in the posts if the news calls for actions to readjust our portfolio. There was not too much direct news which affects our stock positions; so we are off easy this week.

Summary

That is it for the update this week. Let’s kill it next week and keep our eyes open for more good buying opportunities! 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 and here’s to an amazing 2022 of getting closer to financial freedom!

Categories
Dividend Stocks Dividends Portfolio

Dividend Portfolio: 12/24/2021 Week in Review

Photo by Burak Kebapci on Pexels.com

Welcome back to Dividend Dollars! I hope you’re doing well and are ready for the holidays. The markets had a great week this week with indexes making higher gains at the end of the week. Economic data will be light next week, so I expect we see some more upside next week to end the year!

Every week I write an update on the dividend portfolio so that we can track its progress. I will give an overview of the portfolio and its value, the dividends received, trades made, and any news or business announcements made that may be of interest to our positions.

As you’ll see in this article, I made a handful of purchases this week. These purchases pushed us past a huge milestone! The portfolio surpassed $5,000 this week! Saving and investing $5,000 in only a couple months is something I am quite proud of and I am excited to continue this into the next year.

Portfolio Value

To date, I have invested $4,845 into the account, the total value of all positions plus any cash on hand is $5,036.38. That’s a gain of $191.38 for a total return of 3.95%. The account is up $39.31 for the week which is a 0.79% gain.

We added $335 to the account this week. A significant chunk of that money added was put towards starting a position in J.M. Smucker (SJM) and a couple of other new positions and adds as you will see further down.

Portfolio

Below is a table of everything we are invested in so far. The tickers in green are stocks that I bought this week. Usually, a chunk of my buys throughout the week are buys from this month’s stock picks. You can read that article here. I use a stock screener to find potentially undervalued stocks with safe and growing dividends. I will add to positions on the picks, start new positions, and add to other existing positions as good buying opportunities presents themselves. Stock picks for this month are LMT, SJM, and CVX.

This week our buys added $15 to our annual dividend income. Our dividend yield decreased by 0.06% and our beta went down by 0.01. Neither of those are particularly a bad or good thing. High dividend yields can mean that a company is paying too much in dividends and could be at risk of needing to cut dividends depending on the healthiness of the balance sheet. 4.58% dividend yield is a little higher than most dividend portfolios I’ve seen. Since I am young and just starting off, a high yield, though risky, is better for my long-term time horizon and it is partly inflated due to the poor performance of the portfolio this week.

This week we also saw our portfolio’s dividend growth increase by 0.2% and our forecasted annual dividend income 20 years from now went up by about $300. This movement is due in part to some restructuring I did this week. I noticed that I was a tad over diversified within my utilities sector and decided to consolidate some of those fund from one holding into another that has greater growth and dividend safety. We sold Exxon and used that money to add to our positions in Magellan Midstream and Enterprise Products.

Dividends

This week we did not receive any dividends.

Dividends received for the week of December 20th: $0

Dividends received for December 2021: $6.47

Year-To-Date Dividends: $11.32

Trades

Here’s the breakdown of the trades I made this week:

  • December 20th
    • SJM – bought 1 share at $134.92 (new position)
    • CMCSA – bought 1 share at $48.44 (new position)
    • EPD – added 1 share at $20.60
    • TD – bought 1 share at $72.18 (new position)
    • UWMC – sold $7.5 call 1/7/2022 for $5.00 premium
  • December 22nd
    • XOM – sold 1 share at $61.04 (consolidating oil positions)
    • MMP – added 1 share at $44.03
    • EPD – added 1 share at $21.28
    • XYLD – added $10 at $50.58 per share (weekly investment)
    • SCHD – added $10 at $79.12 per share (weekly investment)

Noteworthy News

This section of the post will identify some headlines that may be of import to our positions. If they are important enough, we will also call out in the posts if the news calls for actions to readjust our portfolio. There was not too much direct news which affects our stock positions; so we are off easy this week.

Summary

That is it for the update this week. Let’s kill it next week and keep our eyes open for more good buying opportunities! 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 and have a very merry Christmas!

Categories
Dividend Stocks Dividends Portfolio

Dividend Portfolio: 12/17/2021 Week in Review

Welcome back to Dividend Dollars! I hope you’re doing well and had a great week of investing! We got whipsawed around this week due to continued volatility caused by economic uncertainty and major shorting on UWMC. Overall, we ended only a little red this week and made some buys to grow our annual dividend income.

Every week I write an update on the dividend portfolio so that we can track its progress. I will give an overview of the portfolio and its value, the dividends received, trades made, and any news or business announcements made that may be of interest to our positions.

As you’ll see in this article, I made a handful of purchases this week. I believe markets will remain strong through the end of the year, but as Omicron news and other economic data comes out who knows what will happen! This is why we invest in stable, dividend producing companies which will do what we predict regardless (usually) of the state of the market.

Portfolio Value

To date, I have invested $4,510 into the account, the total value of all positions plus any cash on hand is $4,643.57. That’s a gain of $133.57 for a total return of 2.96%. The account is down $18.72 for the week which is a 0.40% decrease.

We added $400 to the account this week. A significant chunk of that money added was put towards starting a position in Chevron (CVX) and a couple of other new positions and adds as you will see further down.

Portfolio

Below is a table of everything we are invested in so far. The tickers in green are stocks that I added to this week. I added $400 to the portfolio this week! A lot of my buys throughout the weeks are usually buys from this month’s stock picks. You can read that article here. I use a stock screener to find potentially undervalued stocks with safe and growing dividends. I will add to positions on the picks, start new positions, and add to other existing positions as good buying opportunities presents themselves throughout the week. Stock picks for this month are LMT, SJM, and CVX.

This week our buys added $27 to our annual dividend income. Our dividend yield increased by 0.21% and our beta went down by 0.01. Neither of those are particularly a bad or good thing. High dividend yields can mean that a company is paying too much in dividends and could be at risk of needing to cut dividends depending on the healthiness of the balance sheet. 4.64% dividend yield is a little higher than most dividend portfolios I’ve seen. Since I am young and just starting off, a high yield, though risky, is better for my long-term time horizon and it is partly inflated due to the poor performance of the portfolio this week.

One thing I did find interesting when reviewing the forecast of my portfolio was that the projected 2041 dividend income went down by $3.1k from what was projected last week. This is primarily due to the adds I had made this week having lower (and in one case negative) dividend growth history for the last 5 years which brought my portfolio’s growth rate down by 2.2%. Good growth numbers are important for forecasting growing dividend income.

My new position in MFA has a negative 5-year growth rate on their dividend because they cut their dividend by more than half during the pandemic. MFA has a very attractive yield with good upside; however, I don’t love what this holding has done to my forecasted income. I will do more research on the company to make sure I feel good about holding it before taking any more action.

Dividends

This week we received five dividends. They were from MMM, SCHD, KO, O, and STAG. All of these dividends were reinvested, except for STAG, we liquidated that position this week.

Dividends received for the week of December 13th: $3.54

Dividends received for December 2021: $6.47

Year-To-Date Dividends: $11.32

Trades

Here’s the breakdown of the trades I made this week:

  • December 13th
    • CVX – bought 1 share at $116.29 (new position from the watchlist)
    • O – added 1 share at $67.93
    • EOG – added 1 share at $87.05
    • MMM – added $1.48 dividend reinvestment at $175.19 per share
    • SCHD – added $0.78 dividend reinvestment at $77.75 per share
  • December 14th
    • XYLD – bought 1 share at $50.23 (new position)
  • December 15th
    • MFA – bought 26 shares at $4.48 (new position)
    • STAG – sold 1 share at $45.22
    • SCHD – added $10 at $78.35 per share (recurring investment)
    • KO – added $0.42 dividend reinvestment at $57.98 per share
    • O – added $0.74 dividend reinvestment at $67.57 per share

Noteworthy News

This section of the post will identify some headlines that may be of import to our positions. If they are important enough, we will also call out in the posts if the news calls for actions to readjust our portfolio. There was not too much direct news which affects our stock positions; so we are off easy this week.

There were a couple of headlines this week but none of them had any real tangible effect on our positions. There are a few headlines I would recommend you read if you have shares in MMM, T, or VZ.

The first is “Neogen shares soar 14% premarket after it confirms deal to combine with 3M’s food-safety business”. This headline hardly affects 3M because food testing is ~1% of their total revenue, but it is a good read to provide some additional understanding of the company.

Another article is “U.S. former officials urge ‘speedy’ resolution of 5G wireless aviation dispute”. This article is just a little update of the FAA and their issue with the rollout of 5G. There is no real update here other than that we can still expect 5G to be ready next month and that VZ and T continue to be accommodating to the FAA.

Summary

That is it for the update this week. Let’s kill it next week and keep our eyes open for more good buying opportunities! 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 and have a terrific holiday season!

Categories
Dividend Stocks Dividends Portfolio

Dividend Portfolio: 12/10/2021 Week in Review

Welcome back to Dividend Dollars! I hope you’re doing well and had a great week of investing! Markets adjusted to the Covid-19 variant that shocked the market last week and bounced back to new highs.

Every week I write an update on the dividend portfolio so that we can track its progress. I will give an overview of the portfolio and its value, the dividends received, trades made, and any news or business announcements made that may be of interest to our positions.

As you’ll see in this article, I made a handful of purchases this week. I believe markets will remain strong through the end of the year, but as Omicron news and other economic data comes out who knows what will happen! This is why we invest in stable, dividend producing companies which will do what we predict regardless of the state of the market.

Portfolio Value

To date, I have invested $4,110 into the account, the total value of all positions plus any cash on hand is $4,263.36. That’s a gain of $153.36 for a total return of 3.73%. The account is up $41.25 for the week which is a 0.98% increase.

This week was a great week to follow the slow week we had prior. We added $455 to the account this week. A majority of those adds come from a Microsoft buy I did for myself on December 7th as a birthday gift to myself. I will keep buying one share of Microsoft every year for my birthday and make this a tradition!

Portfolio

Below is a table of everything we are invested in so far. The tickers in green are stocks that I added to this week. I added $455 to the portfolio this week! A lot of my buys throughout the week are buys from this month’s stock picks. You can read that article here. I use a stock screener to find potentially undervalued stocks with safe and growing dividends. I will add to positions on the picks and others as good buying opportunities (like the dip on Friday) presents themselves. Stock picks for this month are LMT, SJM, and CVX but my purchases this week did not include any of those stock picks

This week our buys added $7 to our annual dividend income. Our dividend yield decreased by 0.42% and our beta went up by 0.06. Neither of those are particularly a bad or good thing. High dividend yields can mean that a company is paying too much in dividends and could be at risk of needing to cut dividends depending on the healthiness of the balance sheet. 4.43% dividend yield is a little higher than most dividend portfolios I’ve seen. Since I am young and just starting off, a high yield, though risky, is better for my long-term time horizon and it is partly inflated due to the poor performance of the portfolio this week.

Dividends

This week we received two dividends, one from AMGN and another from WBA.

Dividends received for the week of December 6th: $2.24

Dividends received for December 2021: $2.93

Year-To-Date Dividends: $7.78

Trades

Here’s the breakdown of the trades I made this week:

  • November 29th
  • December 7th
    • MSFT – 1 share at $330.94 (HAPPY BIRTHDAY TO ME)
  • December 8th
    • EPD – 1 share at $20.96
    • SCHD – $10 invested at $77.41 (recurring investment)
  • December 9th
    • EOG – 1 share at $88.63

Noteworthy News

This section of the post will identify some headlines that may be of import to our positions. If they are important enough, we will also call out in the posts if the news calls for actions to readjust our portfolio. There was not too much direct news which affects our stock positions; so we are off easy this week.

I just recommend that you make sure to watch general market news. You can follow my twitter for regular market snapshots.

Summary

That is it for the update this week. Let’s kill it next week and keep our eyes open for more good buying opportunities! 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 and take care!

Categories
Dividend Stocks Dividends Portfolio

Dividend Portfolio: 11/5/2021 Week in Review

Welcome back to Dividend Dollars! I hope you’re doing well and had a great week of investing. Every week I write an update on the dividend portfolio so that we can track its progress. I will give an overview of the portfolio and its value, the dividends received, trades made, and any news or business announcements made that may be of interest to our positions.

This week the market was hot! DJI set an all time high on November 3rd, SPX set an all time intraday high on November 4th, IXIC set a high on the 4th, and DJT set one on November 2nd. As you can see, all these major equities ended October strong and had a great week following it! The Feds also calmed some nerves this week with a message from the chair that reiterated that inflation is expected to be transitory and that the Fed will be patient with raising rates. While inflation remains high, job numbers are looking good and favorable seasonality looks to continue the market’s positive momentum through to the end of the year.

Overall, it was a great week. Let’s dive into the portfolio and see how we fared.

Portfolio Value

To date, I have invested $1,565 into the account, the total value of all positions plus any cash on hand is $1,596.66. That’s a gain of $31.66 for a total return of 2.02%. This is greater than the reported gain on the account of 0.57% last week!

Love seeing these gains! It tells me that our method of screening for undervalued stocks that pay strong dividends is working. As we stick with the strategy, we will start to rack up more and more dividends which will one day snowball into a great source of passive income!

Portfolio

Below is a table of everything we are invested in so far. The tickers in green are stocks that I added to this week. Every week $25 is automatically deposited into my account. When there is a stock I want to buy I’ll just throw some more funds in the account (if needed) and make the order. Sometimes I may also put that $25 towards a cheap stock that pays monthly dividends so that if I am saving to buy a larger position in something else, my cash on hand isn’t sitting idle. You will sometimes see those temporary positions in the portfolio below. We have no temporary positions for this update.

As you see with the portfolio this week, I didn’t just stick with the $25 deposit. I added $165 this week and made some nice buys! I will usually add funds to my account like this so that I can take advantage of good buying opportunities which are usually called out in my monthly stock picks or other timely articles. Stock picks for this month are LMT, CAH, and MO. I own positions in two of these and am watching MO for good opportunity to buy.

Dividends

This week we received one dividend. $0.52 from T. I own four shares of T, however, I only owned one at the time of the last ex-date (bummer).

Dividends received for the week of October 25th: $0.52

Dividends received for November 2021: $0.52

Year-To-Date Dividends: $1.16

Trades

Here’s the breakdown of the trades I made this week:

On November 2nd, I bought 1 share of CAH from the November Stock Pick Article at $49.25. I also purchased 1 share of REYN for $27.37 (REYN was a great pick, it had an 8% gain this week and we caught most of that with this add).

On November 3rd, I bought 1 share of INTC for $50.09.

On November 4th I bought 1 share of STAG for $42.51.

Noteworthy News

This section of the post will identify some headlines that may be of import to our positions. If they are important enough, we will also call out in the posts if the news calls for actions to readjust our portfolio.

Verizon and AT&T delay 5G rollout amid FAA concerns

The Federal Aviation Administration claims that 5G service could interfere with cockpit safety systems of airplanes. Verizon and AT&T claim that the FAA is just skeptical. Both companies have postponed the launch of their new 5G systems due to the concerns by about a month. Both companies are set to launch in January of 2022. This headline causeed T and VZ to drop by about 3.5% on 11/4 but they have since climbed back to prices pre-headline. Was a great quick dip to buy some if you caught it.

Summary

That is it for the update this week. Let’s kill it next week and keep our eyes open for more good buying opportunities! 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 and take care!

Categories
Dividend Stocks Dividends Portfolio

Dividend Portfolio: 10/29/2021 Week in Review

Welcome back to Dividend Dollars! I hope you’re doing well and had a great week of investing. Every week I plan on writing one of these posts to give an update on the portfolio that we are building. I will give an overview of the portfolio and its value, the dividends received, trades made, and any news or business announcements made that may be of interest to our positions. Let’s dive in!

Portfolio Value

To date, I have invested $1,400 into the account, the total value of all positions plus any cash on hand is $1,407.95. That’s a gain of $7.95 for a 0.57% return. This is lower than the reported gain of 1.66% last week. If you want to see last week’s portfolio review click here

Gains went down but we are not discouraged! We are in the thick of earnings season which tends to lead to volatility and great buying opportunities (which we took advantage of). As we continue to invest regularly and reinvest dividends, more substantial gains will come. The path to stable and reliable passive income through dividends is a long one, but by starting and investing heavily in the early stages we are working our way up the exponential curve towards financial freedom.

Portfolio

Below is a table of everything we are invested in so far. The tickers in blue are the stocks that were the picks of the month. The tickers in green are positions we added to this week. Every week I add $25 to the account.

I will throw that $25 at a stock that pays monthly dividends that I believe is in both a good fundamental and technical standpoint for short term gains, usually those stocks will be called out in this sheet, but I sold all those temporary holding vehicles this week to free up that capital for other purchases (this is touched on again in the “Trades” section below).

I generally leave that money in those stocks till it has compiled to an amount large enough to sell and reinvest the funds into a more expensive/substantial stock pick. That way my investments are never idle, and every dollar is put to work even while it sits and waits for a stronger long term position within the portfolio.

As you see with the portfolio this week, I don’t restrict myself to only $25 per week. If there is a good buy opportunity, I will add funds to my account through my personal finances in additional to selling temporary positions to make sure I have capital to take advantage of the discount!

Dividends

We received no dividends this week, but we are set to receive a dividend from AT&T on 11/1/2021. I have four shares of T, but at the ex-date I only had one, so it is just the one dividend for me next week.

Dividends received for the week of October 25th: $0

Dividends received for October 2021: $0.64

Year-To-Date Dividends: $0.64

Trades

Here’s the breakdown of the trades I made this week:

On the 25th, I bought two shares of WSR at $9.88 to use as a temporary position to hold capital.

On the 26th, LMT dipped by 8% after Q3 earnings report was released which I saw as a great buying opportunity (to read more about why I think LMT is good, continue to the “Noteworthy News” section below). In order to buy LMT at $327.61, I sold my temporary holding positions of PBA and SJR for a small loss of $0.88 and deposited funds into my account.

On the 27th, AQN dipped nearly 5% following news I bought one at $14.50.

On the 28th, I also bought INTC for $47.96.

On the 29th, I sold temporary holding positions in WSR and SLG for a total loss of $3.00 in order to have capital for a purchase of O at $72.25 and a purchase of AQN at 14.66.

I sold all my temporary positions in order to buy other substantial positions. Each time I did that I took a small loss and never held long enough to even be rewarded with a dividend. I’m beginning to think that strategy isn’t a constructive one and will trade differently next week.

Noteworthy News

This section of the post will identify some headlines that may be of import to our positions. If they are important enough, we will also call out in the posts if the news calls for actions to readjust our portfolio.

LMT Q3 2021 Earnings

On Tuesday, LMT shares went down nearly 12% following the release of their Q3 quarterly earnings report. Within the report, Lockheed’s sales and revenues fell and the company stated that they would be reassessing their 5-year plan. Earnings were low this quarter following a $1.7 billion pension settlement. Regardless of that bad news, Lockheed reflects strong cash flow generation with a slight reduction in revenue for the next year. Not great news, but also not worthy of a 12% drop! I took advantage of this drop. LMT will be a long-term hold for me. They have a good dividend yield and as the national supply chain heals their business should improve.

INTC Q3 2021 Earnings

Last week, on 10/21/2021, Intel released their Q3 earnings and it was not received well. The stock dropped nearly 15% at the lowest price this week. I wrote an article here, click to read more. The summary of the article is that I believe INTC’s recent drop was an overreaction which has provided us with another good buying opportunity. Intel’s financials are healthy and they are poised for success in a fast-growing high-demand market.

AQN Acquiring Kentucky Power Company

American Electric Power entered into an agreement to sell their Kentucky operations Kentucky Power Company to Liberty, the utility business of parent company Algonquin Power & Utilities Corp. for $2.846 billion enterprise value. The sale is expected to close Q2 of 2022. AQN provides electricity, natural gas, water, and wastewater services to 13 US states and Canada. AQN will be purchasing all the stock of Kentucky Power at $18.15 per share. This purchase will significantly grow AQNs electric utility operations and will contribute to growing their net earnings per share over the long-term. To me, that deal sounds great and provided a great buying opportunity to add some cheap energy shares to the portfolio.

Summary

That is it for the update this week. Let’s kill it next week and keep our eyes open for more good buying opportunities! 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 and take care!

Categories
Dividend Stocks Dividends

Intel (INTC) Drops by 15% After Q3 2021 Earnings – Is It Time to Buy Some Cheap Shares?

Welcome back to Dividend Dollars. In this post we will discuss Intel (INTC) and how it is potentially undervalued and currently presents a good buying opportunity. Spoiler alert: I bought INTC today.

Intel Overview

Intel is an American (headquartered in Santa Clara, CA) multinational corporation and tech company. They are a HUGE semiconductor chip manufacturer and is the developer of one of the most popular lines of computer processors on the market. Their microprocessors are supplied to computer companies such as Dell, HP, and Lenovo (I’m writing on a Lenovo right now, great computer). Intel also produces motherboard chipsets, graphics cards, and nearly any other device you can think of related to communications and computing. In 2020, they had a net income of $20.9 billion dollars.

Q3 2021 Earnings Overview

Intel released their Q3 2021 earnings on 10-21-2021 and it was not received well by the market. Share price has dropped by nearly 15% at the lowest since the earning report was released. Current INTC price is $48.18 down from $56 prior to the earnings. Following the earnings, a handful of analysts downgraded their ratings on the stock.

In the earnings report, earnings per share increased by 58% from what it was a year ago, and it increased by 34% from last quarter. These earnings were ahead of most estimates. INTC reported a revenue of $18.1 billion which was 1% below market consensus but above the prior quarter. Overall, the earnings show they are a cash cow with a good and healthy balance sheet but the market seemed to react more strongly to the bad sentiment surrounding Intel and their operations. INTC continues to be plagued by a broken supply chain which is hampering sales and the semiconductor industry continues to get more and more competitive as key players improve and introduce new chips. INTC is moving in the correct direction to combat this. They announced earlier this year that they will be investing $20 billion dollars to build two new chip plants in Arizona which will help with these manufacturing/supply chain issues in the future. This quarter’s earning report shows that they have more than enough cash on hand to handle this investment while continuing to pay healthy dividends.

My Response to the Report

In my opinion, a 15% drop on these earnings is an overreaction which provides us with a good opportunity to buy. We love the discount! INTC, unlike IBM or other legacy tech companies, is not slowing down and the quarterly earnings show this. INTC’s dividends are well covered by their revenue which is poised for growth.

Now let’s dive into INTC’s stats as I like to do with my monthly stock picks. If you haven’t read one of those yet, please do so with this link, it explains my stock pick criteria in case you need to understand the reasoning and jargon here. INTC has a P/E ratio of 9.3 (this is slightly lower than the P/E ratio range I like to see), they have a payout ratio of 26.64%, they have 7 years of consecutive dividend growth (a little shorter than the 10 years I like), a dividend yield of 2.89% (close to the 3% I like to see), and a great D/E ratio of 4.3. While these stats don’t quite meet up with my stock pick criteria, I still really like the outlook of Intel and their attractive dividend.

In addition to all this good news and stats, there was a decent chunk of insider buying from INTC executives recently. Intel’s CEO and four members of the board of directors bought about $2.5 million dollars’ worth of shares on 10/25. That is the largest number shares bought by insiders in a single day since March of 2020. Funny enough, at the time of the previous large insider purchases INTC was near $46 a share, not too far from where it is now.

The Chart

INTC’s chart also looks good. The past 4 years has built a solid support level around the $45 mark. We could see shares drop to that level and below to $43, but I wouldn’t be surprised if it bounces sooner. Time and time again, INTC has bounced as it touches the lower keltner channel and it is touching it right now. The keltner channel support in addition to its approach to the support level at $45 makes me confident in a bounce.

Summary

I believe INTC’s recent drop in pricing following their Q3 2021 report was an overreaction in the market. But that overreaction has provided us with a great opportunity to buy some discounted shares. INTC may be behind the curve relative to other comparable chip companies, but Intel is poised for success with a wide line of products in a fast-growing market that has a desperate need for expansion in order to accommodate industry demand. Intel is taking steps to meet that demand, their financials remain strong, their dividends are healthy, and insiders are showing their support with their wallets.

So, how do you catch a falling knife like INTC? With a steel glove. I picked up INTC at $47.96 and plan to hold for the long term and rake in those dividends! INTC, as of today, pays $0.3475 per share every quarter. The Ex-Date for the next dividend is 11/04/2021.

 As always, do your own research, leave comments, ask questions below, and thank you for reading!