Category: Portfolio

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Dividend Stocks Dividends Portfolio

Dividend Portfolio: 12/31/2021 Week in Review

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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

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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 Portfolio

Dividend Portfolio: 12/3/2021 Week in Review

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Welcome back to Dividend Dollars! I hope you’re doing well and survived this week of investing. And boy what a week! The market ended down this week and had whipsawed us a couple of times due to a new Covid variant and Fed decisions. But these things give us good buying opportunities which we will review.

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 following the dip from last week. I would not be surprised if we see more downside in the coming weeks, so prepare your account to buy as opportunities present themselves!

Portfolio Value

To date, I have invested $3,655 into the account, the total value of all positions plus any cash on hand is  $3,731.54. That’s a gain of $76.54 for a total return of 2.04%. The account is down $57.99 for the week  which is a 1.53% decrease, in line with the way the market performed this week.

Was a rougher week, but that’s okay! I’m actually wanting to see greater downside in the near future so that I can add more heavily. This week I did not add as heavily as last week per the market direction not being as clear. We added $295 to the account. I need to get some holiday shopping done soon which may stop me from investing as heavily these next few weeks, regardless I will add heavy should an opportunity present itself.

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 $295 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, CAH, and MO. I added to my CAH position from the stock picks, but I made many other purchases as well.

This week our buys added $18 to our annual dividend income. Our dividend yield increased by 0.16% and our beta went up by 0.02. 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. 4.85% 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 REYN and another from INTC.

Dividends received for the week of November 29th: $1.39

Dividends received for November 2021: $4.21

Year-To-Date Dividends: $5.55

Trades

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

  • November 29th
    • CAH – 1 share at $47.53
    • EOG – 1 share at $89.86 (new position)
  • November 30th
    • T – 2 shares at $23.12
    • VZ – 1 share at $50.87
    • UWMC – Sold one 12/17 $8.5 covered call at $5.00 (first covered call ever sold, wanting to learn more about this as a method of making extra gains on long term holds)
    • T – 1 share at $22.73
  • December 1st
    • REYN – $1.00 invested (dividend reinvestment + round up) at $29.32 per share
    • AQN – 1 share at $13.78
    • SCHD – $10 invested at $76.92 (recurring investment)
  • December 2nd
    • EPD – 1 share at $21.17

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; however I will keep a close eye on the Covid variant situation and try my best to gauge information be prepared for how it may affect the market.

I think we have news enough with watching the news develop for the Omicron variant so I will leave this section blank for this week.

Some headlines that are worth looking into though are Exxon’s new forecasted earnings, Altria’s Iqos development with the Biden administration, and an article on Seeking Alpha about AT&T’s management not being able to keep their word on future dividends.

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’s see how the market reacts to the Covid variant news and see if we can capitalize on it by continuing to add aggressively. 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 Portfolio

Dividend Portfolio: 11/26/2021 Week in Review

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Welcome back to Dividend Dollars! I hope you’re doing well and had a great week of investing. I hope you had a nice Thanksgiving as well!

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.

Nearly all economic data released this week was positive. The market looked poised to continue climbing to new highs. However, markets dipped by over 2% on Friday following news of a new Covid-19 strain found in South Africa that seemed to scare the market.

Black Friday for stocks on an actual Black Friday! How fun! Some investors were worried, but as a dividend investor we have no need to be. Every stock we buy is a purchase that secures passive income for us, therefore the price of the stock itself is not super important. Flash sales like Friday are great days for us to add more dividends to our wallet at a discounted price.

As you’ll see in this article, I made a handful of purchases on Friday and will keep watching the market reaction to the news in the following weeks. I would not be surprised if we see more downside, so prepare your account to buy as opportunities present themselves!

Portfolio Value

To date, I have invested $3,360 into the account, the total value of all positions plus any cash on hand is $3,468.78. That’s a gain of $108.78 for a total return of 3.24%. The account is up $45.99 for the week and up from 2.38% total return as of last week.

Love seeing these gains! This week we invested pretty heavily! We added $435 to the account. I’ll need to hold back on investing so much as the holidays get closer. I also recently started a new job and have been without income this month as I wait for the payroll cycle at my job to pick me up!

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 $435 to the portfolio this week and made some nice buys! 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, CAH, and MO. I added to my MO position from the stock picks but I made many other purchases as well.

This week our buys added $20 to our annual dividend income. Our dividend yield dropped by .04% and our beta went up by 0.02. 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. 4.69% 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.

Dividends

This week we did not receive any dividends

Dividends received for the week of November 2nd: $0

Dividends received for November 2021: $3.52

Year-To-Date Dividends: $4.16

Trades

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

On November 22nd I added one share of T at $24.10.

On November 23rd I added two shares of AQN at $13.93 for a new position.

On November 24th I added two shares of EPD at $22.04 for a new position and added 0.127153 shares to SCHD at $78.65.

On November 25th I added lots of turkey to my gut. Happy Thanksgiving!

On November 26th I added one share of XOM at $59.84 for a new position, one share of WBA at $45.95, one share of AMGN at $202.51, and one share of T at $24.24.

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; however I will keep a close eye on the Covid variant situation and try my best to gauge information be prepared for how it may affect the market.

A few days a week I post market updates on my twitter account which contains statistics from that day’s economic data releases. Go follow me on twitter to see those updates and any other news I deem noteworthy!

  • Canada rules Boeing out of C$19 billion fighter jet contract – Canadian Press
    • With Boeing out of the deal, this leaves Lockheed (LMT) and one other company in the running for the contract. A decision is said to be made next year and would be a substantial booster to Lockheed’s backlog of work if they are awarded.
  • Juul to pay $14.5 million to settle AZ lawsuit over youth marketing – Reuters
    • Altria (MO) owns a significant stake of Juul. Though $14.5 million is a drop in the bucket for a company like Altria who isn’t even a sole owner of the Juul, these youth marketing lawsuits are popping up in multiple states and can add up to substantial fees. This is something to keep an eye on. These lawsuits could provide us with discounted stocks momentarily and does not change my outlook of the stock at all.

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’s see how the market reacts to the Covid variant news and see if we can capitalize on it by continuing to add aggressively. 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 Portfolio

Dividend Portfolio: 11/20/2021 Week in Review

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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.

Manufacturing, employment, and retail data all came in this week either reaching a new high or beating expectations. All good things! The market continues to look good for a strong finish through the end of the year.

Overall, it was a good week for us with some new and exciting plays!

Portfolio Value

To date, I have invested $2,925 into the account, the total value of all positions plus any cash on hand is $2994,49. That’s a gain of $69.49 for a total return of 2.38%. The account is up $30.07 for the week and up from 2.02% total return as of last week.

Love seeing these gains! This week we invested pretty heavily! We added $810 to the account. I’ll need to hold back on investing so much but there were just so many good moves to make this week! We added heavy to a speculative position in UWMC and bought other positions on red days. We will get into those trades later.

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.

As you see with the portfolio this week, I didn’t just stick with the $25 deposit. I added $810 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 added more to MO this week and LMT last week.

Dividends

This week we received three dividends. $0.30 from 1 share of SLG, $0.47 from 2 shares of O, and $0.14 from 1 share of PBA. The SLG and PBA dividends were not reinvested since we sold those positions a few weeks ago.

Dividends received for the week of November 15th: $0.91

Dividends received for November 2021: $3.52

Year-To-Date Dividends: $4.16

Trades

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

On November 15th I added one share of T at $24.81 and one share of UWMC at $6.82.

On November 16th I added one share of O at $70.55, one share of MMP at $49.19, and one share of UWMC at $6.72.

On November 17th I added 12 shares of UWMC at $6.18, another 10 shares of UWMC at $6.02, one share of MO at $44.28, and lastly one more share of UWMC at $5.99

On November 18th I added 24 shares of UWMC at $5.69, another 10 shares at $5.65, and another 35 shares at $5.71

On November 19th I bought one share of SCHD at $78.33.

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.

While writing this article, I am currently on a small getaway in Sedona, AZ so I am not going to spend much more time on this post! Lucky for me, there wasn’t much news to share aside from UWMC.

UWMC had lots of news which is why I added heavy this week. If you want to read more about the news and why I’m bullish click here.

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! This has been my most aggressive week yet, let’s keep up the pressure! 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 Portfolio

Dividend Portfolio: 11/12/2021 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 high inflation signals continued to be at the forefront of market sentiment. Both the PPI and CPI came in above expectations at multi-decade highs. What’s a great way to protect yourself from rising inflation? The best hedge is to invest! In a rising-rate and rising-inflation environment, value and cyclical parts of the market tend to outperform. Our whole strategy is centered around strong value investing in companies that pay dividends. In addition to that, companies that pass on inflationary changes to their customers instead of absorbing those costs tend to hold up in periods like this. Consumer staples, energy, and healthcare do well in these environments. With these things in mind, our portfolio is prepared for a period of high inflation.

Overall, it was a good week for us despite most indexes ending the week slightly down. Let’s dive into the portfolio and see how we fared.

Portfolio Value

To date, I have invested $2,115 into the account, the total value of all positions plus any cash on hand is $2,157.69. That’s a gain of $42.69 for a total return of 2.02%. The account is up $6.75 for the week, but the overall total return of 2.02% is flat from 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 to 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.

As you see with the portfolio this week, I didn’t just stick with the $25 deposit. I added $550 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. As of this week I now have positions in all of the stock picks and they are performing fairly well.

Dividends

This week we received one dividend. $1.04 from T. I own two shares and received $2.08.

Dividends received for the week of November 12th: $2.08

Dividends received for November 2021: $2.60

Year-To-Date Dividends: $3.24

Trades

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

On November 8th I bought one share of MKC for $79.50.

On November 9th I added one share of T to my position at $24.61.

On November 10th I bought one share of MO at $45.15 and 5 shares of UWMC at $7.17.

On November 11th I added one share of MO to my position at $45.00.

On November 12th I sold my two shares of AQN for $14.01 per share and put that capital towards buying one share of LMT at $338.77. I also added one share of UWM to my position at $7.04.

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.

  • Independent Director Stephen Luczo Just Bought 25% More Shares In AT&T Inc.

Independent Director Stephen Luczo bought $2.5 million dollars’ worth of additional T shares for his position. Earlier this year he also $3 million dollars’ worth of shares. This suggests that he has confidence in the company’s future giving me greater confidence in my position! In the last 6 months, insiders have bought about $4.5 million of T shares.

  • Amgen: Lumykras Gets Positive CHMP Opinion

The Committee for Medicinal Products for Human Use of the European Medicines Agency gave a positive opinion recommending conditional marketing authorization of Amgen’s Lumykras for the treatment of advanced non-small-cell lung cancer based on results from Phase 2 clinical trials.

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! This has been my most aggressive week yet, let’s keep up the pressure! 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!