Categories
Dividend Stocks Dividends Portfolio

Dividend Portfolio: 2/3/23 Weekly Update

Welcome back to the weekly Dividend Dollars portfolio review! This portfolio update is brought to you by Sharesight, a portfolio tracking tool that I am happy to partner with. Their platform makes tracking trading and dividend history, understanding your performance, and saving time a breeze. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis. I am a young investor in my 20’s and by sticking to this strategy over the long term, the magical powers of compounding are on my side. This allows me to more easily build substantial positions in dividend paying stocks over time, which will one day help me reach the ultimate goal of being financially free through the sources of passive income they provide. You can read more about the strategy here. Let’s dive into the portfolio review!

Portfolio Value

To date, I have invested $13,370 into the account the total value of all positions plus any cash on hand is $14,048.98. That’s a total gain of 5.08%. The account is up $302.22 for the week which is a 2.20% gain.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -7.16% which puts us 12.24% higher than the market! I love tracking my portfolio against a benchmark like the S&P. The above chart comes from Sharesight which makes portfolio and dividend management a breeze!

We added $120 in cash to the account this week, trades made will be broken out below.

Portfolio

Above is a dashboard of the portfolio that tracks annual dividend income, yield, beta, dividend growth, and more.

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI this week decreased from $509 to $518.

Dividends

This week I received three dividends. $0.91 from $SPY, $3.98 from $XYLG, and $27.79 from $T!

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically.

Dividends received for 2023: $55.72

Portfolio’s Lifetime Dividends: $466.12

This week marks the end of our second January of dividend investing. Our dividend income this January was 26% greater than the income from January 2022! Great progress and looks like February is going beat that by a lot!

Trades

This was quite the volatile week with the FOMC meeting raising rates another 25 bps and the historically strong labor data. But it was volatile in the up direction, not the down, counter to my expectations!

The market rallied very strongly this week. I hate buying stocks when they’re up, so you’ll see that most of my activity this week was buying down into my worst performing stocks like $INTC and $AY. We sold a very conservative covered call on $T, reinvested dividends, and kicked off the weekly ETF buys on Friday.

Pretty standard week, with the exception of the new position we added on Thursday! All week I have been working on an analysis of the soft lines industry and finally posted that article last night. You can read that here. The thesis is that with normalizing inventory levels, falling shipping and material costs, and an improving macro backdrop, soft line retailers (specifically luxury good retailers) are in a great position to realize large margin recoveries and growing sales. For that reason, I started a position in Steven Madden $SHOO. However, the article does have a number of other picks for the industry as well, so please go read it and assess your options if you agree with the analysis!

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

  • January 30th, 2023
    • Intel ($INTC) – added 2 shares at $27.86
  • January 31st, 2023
    • Atlantica Sustainable Infrastructures ($AY) – added 1 share at $26.85
    • S&P 500 ($SPY) – dividend reinvested
    • S&P 500 Covered Call & Growth ETF ($XYLG) – dividend reinvested
  • February 1st, 2023
    • AT&T ($T) – sold covered call $21.5 2/10 for $2 premium
    • AT&T ($T) – dividend reinvested
  • February 2nd, 2023
    • Air Product Chemicals ($APD) – added 0.1 shares at $293.40
    • Steven Madden ($SHOO) – added 1 share at $37.83
  • February 3rd, 2023
    • SPDR S&P 500 ETF ($SPY) – added $10 at $413.79 per share (weekly buy)
    • Global X S&P 500 Covered Call & Growth ETF ($XYLG) – added $10 at $26.69 per share (weekly buy)
    • Schwab US Dividend Equity ETF ($SCHD) – added $10 at $77.38 per share (weekly buy)

Next week I will continue to add $10 into each ETF ($SPY, $XYLG, and $SCHD) and will continue to hold onto some cash if the market gets lower. I have started to slowly deploy that cash in case a bottom has already been hit, but only time will tell. I really want to deploy this cash position into $CMCSA, and $INTC to build 100 share positions in them for covered call activities. I will also be watching $T for opportunities to sell covered calls.

Summary

That is it for the update this week. The market recap and outlook for this wild week will be posted soon, so make sure to have the site bookmarked or subscribe via email on the homepage!

Let me know what you think of the progress so far, share with me your progress and questions, interact with me on Twitter and CommonStock and other socials using the links below!

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

Regards,

Dividend Dollars

Categories
Dividend Stocks Dividends Portfolio Stock Market

Dividend Portfolio: 1/20/2023 Weekly Update (Revision)

It came to my attention that I missed alerting some moves in this portfolio update! I apologize about that. This post is mostly a repost, but it does contain edits to include items that I missed. You can find these in the bolded and italicized font.

Welcome back to the weekly Dividend Dollars portfolio review! This portfolio update is brought to you by Sharesight, a portfolio tracking tool that I am happy to partner with. Their platform makes tracking trading and dividend history, understanding your performance, and saving time a breeze. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis. I am a young investor in my 20’s and by sticking to this strategy over the long term, the magical powers of compounding are on my side. This allows me to more easily build substantial positions in dividend paying stocks over time, which will one day help me reach the ultimate goal of being financially free through the sources of passive income they provide. You can read more about the strategy here. Let’s dive into the portfolio review!

Portfolio Value

To date, I have invested $13,130 into the account the total value of all positions plus any cash on hand is $13,332.90. That’s a total gain of 1.55%. The account is down $233.43 for the week which is a 1.72% loss.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -10.84% which puts us 12.39% higher than the market! I love tracking my portfolio against a benchmark like the S&P. The above chart comes from Sharesight which makes portfolio and dividend management a breeze!

We added $120 in cash to the account this week, trades made will be broken out below.

Portfolio

Above is a dashboard of the portfolio that tracks annual dividend income, yield, beta, dividend growth, and more.

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI this week decreased from $500 to $505. This is mainly because of a drop in the yearly payout from $XYLG following their most recent dividend declaration.

Dividends

This week I received no dividend, bummer!

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically.

Dividends received for 2023: $14.88

Portfolio’s Lifetime Dividends: $425.28

Trades

This was quite a busy week with a large mid-week dip that I took advantage of followed by a sweet two-day rally to leave the market and my portfolio significantly higher.

I made lots of buys in the portfolio on the down-day Wednesday and then a little more on Thursday. Firstly, we initiated a new position in Orsted (which I wrote a brief article on how they are poised to be a huge renewable power player in the North Sea, you can read that here), added to my favorite DCA’s of ALLY, INTC, and BAC, and also executed our weekly $10 adds in SPY, XYLG, & SCHD.

The buys on Wednesday were partially funded by sales in $JNJ and $MDT. Those positions were my only healthcare positions at the time. Though many would argue that both are strong companies and great holds, I personally don’t feel too confident in my knowledge of the sector.

I could go on and on listing the items I am not well-read on, but the main ones are: there are lots of moving parts with regulators, R&D into new drugs and technologies can be risky, patents and their expirations create frequently shifting product portfolios that need to be monitored, and increased political focus on cheaper healthcare. All of these things put the sector above my head. Now this isn’t to say that I won’t ever invest in the sector, I just simply to need to do a bit of research and familiarizing myself before committing to it.

Always invest in what your comfortable with. Take $INTC or $T for example. I’ve been following their business plans for quite some time. I am very familiar with where they’re at and where they’re going as companies. This familiarity gives me conviction and comfort. Because healthcare is pretty foreign to me, I don’t have that and am stepping back from it with these sales.

Lastly, my first covered call on AT&T expired worthless this week giving me a 100% gain on that premium. I will be watching their earnings call next week and will be looking for a spot to write another.

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

  • January 17th, 2023
    • Orsted ($DNNGY) – added 3 shares at $34.17
  • January 18th, 2023
    • Microsoft ($MSFT) – added 0.14 shares at $240.79
    • Ally Financial ($ALLY) – added 3 shares at 26.84
    • Johnson & Johnson ($JNJ) – sold position of 1 share at $170.63. Loss of $7.85.
    • Medtronic ($MDT) – sold position of 2.016938 shares at $78.87. Gain of $4.26.
    • Bank of America ($BAC) – added 2 shares at $33.72
    • Intel ($INTC) – added 2 shares at $28.77
    • SPDR S&P 500 ETF ($SPY) – added $10 at $394.45 per share (weekly buy)
    • Global X S&P 500 Covered Call & Growth ETF ($XYLG) – added $10 at $25.88 per share (weekly buy)
    • Schwab US Dividend Equity ETF ($SCHD) – added $10 at $76.39 per share (weekly buy)
  • January 19th, 2023
    • Ally Financial ($ALLY) – added 1 share at $25.70
    • Intel ($INTC) – added 1 share at $28.34
    • 3M ($MMM) – added 0.5 shares at $120.20
  • January 20th, 2023
    • Orsted ($SNNGY) – added 1 share at $29.73
    • AT&T ($T) – $20 Covered Call expired, 100% on $3 premium

Next week I will continue to add $10 into each ETF ($SPY, $XYLG, and $SCHD) and will continue to hold onto the rest of my cash if the market gets lower. I have started to slowly deploy that cash in case a bottom has already been hit, but only time will tell. I really want to deploy this cash position into $CMCSA, and $INTC to build 100 share positions in them for covered call activities.

Summary

That is it for the update this week. The market recap and outlook for this wild week will be posted on Saturday, so make sure to have the site bookmarked or subscribe via email on the homepage!

Let me know what you think of the progress so far, share with me your progress and questions, interact with me on twitter and Instagram using the links below!

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

Regards,

Dividend Dollars

Categories
Dividend Stocks Dividends Portfolio Stock Market

Dividend Portfolio: 1/27/2023 Weekly Update

Welcome back to the weekly Dividend Dollars portfolio review! This portfolio update is brought to you by Sharesight, a portfolio tracking tool that I am happy to partner with. Their platform makes tracking trading and dividend history, understanding your performance, and saving time a breeze. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis. I am a young investor in my 20’s and by sticking to this strategy over the long term, the magical powers of compounding are on my side. This allows me to more easily build substantial positions in dividend paying stocks over time, which will one day help me reach the ultimate goal of being financially free through the sources of passive income they provide. You can read more about the strategy here. Let’s dive into the portfolio review!

Portfolio Value

To date, I have invested $13,250 into the account the total value of all positions plus any cash on hand is $13,694.30. That’s a total gain of 3.35%. The account is up $228.72 for the week which is a 1.70% gain.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -8.64% which puts us 11.99% higher than the market! I love tracking my portfolio against a benchmark like the S&P. The above chart comes from Sharesight which makes portfolio and dividend management a breeze!

We added $120 in cash to the account this week, trades made will be broken out below.

Portfolio

Above is a dashboard of the portfolio that tracks annual dividend income, yield, beta, dividend growth, and more.

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI this week decreased from $505 to $509. This is mainly because of a drop in the yearly payout from $XYLG following their most recent dividend declaration.

Dividends

This week I received two dividends. $4.06 from ETRACS 2x Monthly Levered ETN and $4.10 from Comcast.

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically.

Dividends received for 2023: $23.04

Portfolio’s Lifetime Dividends: $433.44

Trades

This was a quite slow week for my portfolio. Except for the dip on Tuesday, the market rallied higher for most of the week. I’d much rather buy in more red weeks, so I did not spend too much time making buys. I executed our weekly ETF buys, reinvested all dividends, and did one opportunistic buy into $MSFT after their earnings.

Additionally, I sold a $T covered call going into the earnings, but second guessed it and closed it before the report. Boy am I glad I did! $T had a great earnings report and ran high enough to bring my position in the green for the first time since I began buying!

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

  • January 23rd, 2023
    • AT&T ($T) – sold $20.5 covered call 1/27 for $7 premium
  • January 24th, 2023
    • AT&T ($T) – bought to close $20.5 covered call at $8
  • January 25th, 2023
    • ETRACS 2x Monthly Pay Leveraged ATN – dividend reinvested
    • Microsoft ($MSFT) – added 0.25 shares at $231.40
  • January 27th, 2023
    • SPDR S&P 500 ETF ($SPY) – added $10 at $406.47 per share (weekly buy)
    • Global X S&P 500 Covered Call & Growth ETF ($XYLG) – added $10 at $26.42 per share (weekly buy)
    • Schwab US Dividend Equity ETF ($SCHD) – added $10 at $76.38 per share (weekly buy)

Next week I will continue to add $10 into each ETF ($SPY, $XYLG, and $SCHD) and will continue to hold onto some cash if the market gets lower. I have started to slowly deploy that cash in case a bottom has already been hit, but only time will tell. I really want to deploy this cash position into $CMCSA, and $INTC to build 100 share positions in them for covered call activities. I will also be watching $T for opportunities to sell covered calls.

Summary

That is it for the update this week. The market recap and outlook for this wild week will be posted on Saturday, so make sure to have the site bookmarked or subscribe via email on the homepage!

Let me know what you think of the progress so far, share with me your progress and questions, interact with me on twitter and Instagram using the links below!

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

Regards,

Dividend Dollars

Categories
Dividend Stocks Dividends Portfolio Stock Market

Dividend Portfolio: 1/20/2023 Weekly Update

Welcome back to the weekly Dividend Dollars portfolio review! This portfolio update is brought to you by Sharesight, a portfolio tracking tool that I am happy to partner with. Their platform makes tracking trading and dividend history, understanding your performance, and saving time a breeze. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis. I am a young investor in my 20’s and by sticking to this strategy over the long term, the magical powers of compounding are on my side. This allows me to more easily build substantial positions in dividend paying stocks over time, which will one day help me reach the ultimate goal of being financially free through the sources of passive income they provide. You can read more about the strategy here. Let’s dive into the portfolio review!

Portfolio Value

To date, I have invested $13,130 into the account the total value of all positions plus any cash on hand is $13,332.90. That’s a total gain of 1.55%. The account is down $233.43 for the week which is a 1.72% loss.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -10.84% which puts us 12.39% higher than the market! I love tracking my portfolio against a benchmark like the S&P. The above chart comes from Sharesight which makes portfolio and dividend management a breeze!

We added $120 in cash to the account this week, trades made will be broken out below.

Portfolio

Above is a dashboard of the portfolio that tracks annual dividend income, yield, beta, dividend growth, and more.

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI this week decreased from $500 to $505. This is mainly because of a drop in the yearly payout from $XYLG following their most recent dividend declaration.

Dividends

This week I received no dividend, bummer!

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically.

Dividends received for 2023: $14.88

Portfolio’s Lifetime Dividends: $425.28

Trades

This was quite a busy week with a large mid-week dip that I took advantage of followed by a sweet two-day rally to leave the market and my portfolio significantly higher.

I made lots of buys in the portfolio on the down-day Wednesday and then a little more on Thursday. Firstly, we initiated a new position in Orsted (which I wrote a brief article on how they are poised to be a huge renewable power player in the North Sea, you can read that here), add to my favorite DCA’s of ALLY, INTC, and BAC, and also executed our weekly $10 adds in SPY, XYLG, & SCHD.

Lastly, my first covered call on AT&T expired worthless this week giving me a 100% gain on that premium. I will be watching their earnings call next week and will be looking for a spot to write another.

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

  • January 17th, 2023
    • Orsted ($DNNGY) – added 3 shares at $34.17
  • January 18th, 2023
    • Microsoft ($MSFT) – added 0.14 shares at $240.79
    • Ally Financial ($ALLY) – added 3 shares at 26.84
    • Bank of America ($BAC) – added 2 shares at $33.72
    • Intel ($INTC) – added 2 shares at $28.77
    • SPDR S&P 500 ETF ($SPY) – added $10 at $394.45 per share (weekly buy)
    • Global X S&P 500 Covered Call & Growth ETF ($XYLG) – added $10 at $25.88 per share (weekly buy)
    • Schwab US Dividend Equity ETF ($SCHD) – added $10 at $76.39 per share (weekly buy)
  • January 19th, 2023
    • Ally Financial ($ALLY) – added 1 share at $25.70
    • Intel ($INTC) – added 1 share at $28.34
    • 3M ($MMM) – added 0.5 shares at $120.20
  • January 20th, 2023
    • Orsted ($SNNGY) – added 1 share at $29.73
    • AT&T ($T) – $20 Covered Call expired, 100% on $3 premium

Next week I will continue to add $10 into each ETF ($SPY, $XYLG, and $SCHD) and will continue to hold onto the rest of my cash if the market gets lower. I have started to slowly deploy that cash in case a bottom has already been hit, but only time will tell. I really want to deploy this cash position into $CMCSA, and $INTC to build 100 share positions in them for covered call activities.

Summary

That is it for the update this week. The market recap and outlook for this wild week will be posted on Saturday, so make sure to have the site bookmarked or subscribe via email on the homepage!

Let me know what you think of the progress so far, share with me your progress and questions, interact with me on twitter and Instagram using the links below!

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

Regards,

Dividend Dollars

Categories
Dividend Stocks

Ørsted ($DNNGY) – The Green Power Opportunity in the North Sea

Recently, in an article from the Economist, I read how the seaport town of Esbjerg in South Denmark has boomed in the past decade due to the green industry, mostly caused by the wind industry. The change of the town’s economy is the product of a much bigger change that is underway within the North Sea. And this change is one that I think may be another green energy add to my portfolio among the likes of $NEE and $AY.

The North Sea

For those that don’t know, the North Sea lies between Great Britain, Norway, Denmark, Germany, the Netherlands, and Belgium. It connects the Atlantic Ocean to the English Channel in the South and the Norwegian Sea in the North while covering about 220,000 square miles. It hosts key northern European shipping lanes and is a major area for fishing, recreation, and tourism in bordering countries.

For decades, the North Sea has been a vital source for Europe’s oil and gas but it is shifting to green energy. Although the region’s hydrocarbons are finite, its strong gales are certainly not, which has created a vast opportunity for wind and wave power sources. The importance of this shift has been exacerbated by the oil squeeze caused by Putin’s war in Ukraine and climate change.

Currently, there are dozens of offshore wind farms in operation throughout the North Sea. Managing these farms takes quite a lot. There are offshore windfarm bases that are often 30+ miles away from the coast. Rather than sailing back and forth, operators spend weeks at sea on these platforms that are equipped with gyms, chefs, video games and other amenities to keep them around. The wind farms are moving further and further away at sea to capture stronger and more consistent winds.

Long term, the ambition within the North Sea Economy is to produce electricity. The objective is to produce 260 gigawatts of offshore wind power by 2050.

A study was done a few years ago, that found that at least 600 gigawatts of infrastructure could be installed in the North Sea. The European Commission looked into what power is needed, and the sum of those needs reaches 300 to 400 gigawatts.

That is enough to power all of today’s 200 million households in Europe and is about 5x what is currently produced in the North Sea. This power is to be cheap and green which is key for producing hydrogen.

Natural gas is typically used for producing hydrogen, this is known as blue hydrogen. With the amount of green energy the North Sea plans to produce, it will be a key area for producing green hydrogen, which produces far less carbon dioxide.

Hydrogen is central to the world’s climate targets. It is a way to store electricity when it can’t be used straight away. This is perfect for windfarms, because when the wind blows strongly there’s no way of knowing if that power has an immediate demand.

Hydrogen can also be used as a fuel in industries that cannot be easily electrified like air transport, shipping, or steel making. If we have enough green hydrogen to power these items, than a big carbon dioxide problem is solved.

Ørsted

Orsted is the world’s biggest offshore wind developer and used to be known as Danish Oil and Natural Gas. They were a traditional conventional power utility company and have transitioned today into becoming a pure renewable energy company.

Orsted has found that the North Sea is very attractive for windfarms due to the relatively shallow depths, the soft seabed which is good for building the turbines, the gales, and the surrounding countries with heavy energy consumption centers are all positives, making the North Sea the honeypot for offshore power.

Windfarm technology has developed out of teen years and is able to be scale dup massively now. It is no longer an expensive idea that needs subsidies for supports, it is cost competitive and Orsted believes that the goals for 2050 can be done.

Of the 300 to 400 gigawatts needed by 2050, Ulrik Stridbaek of Orsted anticipates that 200 to 300 gigawatts of that could come from the North Sea.

Orsted now can build larger turbines, larger offshore windsites, and can erect 80 to 100 turbines in one go. As that number as increased, so has the windsites which have grown to produce 1 to 2 gigawatts per site. This is the equivalent of a nuclear power site.

The next step to scale up to 5 to 10 gigawatts presents the problem of how to get the power to shore in an efficient way which is thy Orsted is also getting involved in building what is called energy islands. These islands are a physical hub for connecting large scale offshore wind power and then interconnecting to shore as well as hosting hydrogen production and other activities that make sense to have nearby the farms.

As shown in the graphics above, Orsted has a litany of projects undergoing construction, even more that have been awarded, and a number of auctions for even further future projects throughout the globe, not just the North Sea. Their offshore wind build-out plan shows that they will almost triple their installed capacity by 2027.

Their energy capacity is growing and so are their financials. Their EBITDA grew over 300% YoY in their last earnings report. Total Net profits were up 1,800%. As climate change becomes a more followed issue and as Europe tries to get out of Putin’s oil pocket, Orsted and their projects will only benefit providing additional growth on the income statement.

Overall, this may be another long-term green energy play that I buy, add, and hold onto with the likes of $AY and $NEE. Orsted trades on most brokerages as an ADR with the name $DNNGY and is currently priced at $32.31. As always, do your own research, but heed that especially this time as ADR’s carry a different set of risks. Thank you for reading!

Dividend Dollars

Categories
Dividend Stocks Dividends Portfolio

Dividend Portfolio: 1/13/2023 Weekly Update

Welcome back to the weekly Dividend Dollars portfolio review! This portfolio update is brought to you by Sharesight, a portfolio tracking tool that I am happy to partner with. Their platform makes tracking trading and dividend history, understanding your performance, and saving time a breeze. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis. I am a young investor in my 20’s and by sticking to this strategy over the long term, the magical powers of compounding are on my side. This allows me to more easily build substantial positions in dividend paying stocks over time, which will one day help me reach the ultimate goal of being financially free through the sources of passive income they provide. You can read more about the strategy here. Let’s dive into the portfolio review!

Portfolio Value

To date, I have invested $13,010 into the account the total value of all positions plus any cash on hand is $13,449.56. That’s a total gain of 3.38%. The account is up $241.53 for the week which is a 1.83% gain.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -10.24% which puts us 13.62% higher than the market! I love tracking my portfolio against a benchmark like the S&P. The above chart comes from Sharesight which makes portfolio and dividend management a breeze!

We added $120 in cash to the account this week, trades made will be broken out below.

Portfolio

Above is a dashboard of the portfolio that tracks annual dividend income, yield, beta, dividend growth, and more.

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI this week decreased from $486 to $500.

Dividends

This week I received 3 dividends, view the chart below!

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically. $MDT and $O will be reinvested at next market open.

Dividends received for 2023: $6.97

Portfolio’s Lifetime Dividends: $425.28

Trades

This was a very eventful week in the market. We experienced an initial dip, a run up into and through the CPI release on Thursday, and then banks kicking off earnings season with some volatility on Friday.

After closing my short position last week, this week I began to deploy more cash into buying some of my token stocks like Intel and BofA.

Secondly, I added back to some shares in $SMHB after selling off some of that position a few months ago. I did this to take advantage of the ex-dividend date on Thursday.

Third, I added a little bit to $AY as my secondary sustainable energy holding, I think companies like $AY and $NEE will be huge in the future, so I am just slowly but surely adding to it.

Lastly, I took time this week to try out a cash secured put position on $LABU which I held for only a few days for a nice 40% gain. Currently, that contract is only worth $5 which would put the position at an 83% gain! Going forward, I am going to start doing more with cash secured puts and covered call in order to earn premium while my stock and cash works for me. I have been involved with a discord server called 3X Trading in the past few weeks that has taught me a little bit about option wheel strategies. Using their resources and trainings, I would like to continue to use this strategy as well as a separate option trading account which, if successful with it, could help boost my dividend portfolio through its extra earnings. The dividend portfolio will always be my focus, I am just learning about other avenues on how I may be able to make it grow faster. Use the link above if your interested in checking out the discord, I chat in there often about the market, macro data, long term holds, and price action.

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

  • January 9th, 2023
    • S&P Biotech Bull 3x ($LABU) – Sell to open cash secured put $6 1/27 for $0.30
  • January 10th, 2023
    • SPDR S&P 500 ETF ($SPY) – added $10 at $388.74 per share (weekly buy)
    • Global X S&P 500 Covered Call & Growth ETF ($XYLG) – added $10 at $25.57 per share (weekly buy)
    • Schwab US Dividend Equity ETF ($SCHD) – added $10 at $77.07 per share (weekly buy)
  • January 11th, 2023
    • ETRACS 2xMonthly Pay Leveraged US Small Cap ETN ($SMHB) – added 2 shares at $7.70
  • January 12th, 2023
    • S&P Biotech Bull 3x ($LABU) – Buy to close cash secured put $6 1/27 for $0.18 (40% gain)
    • Intel ($INTC) – added 1 share at $29.88
    • Atlantica Sustainable Infrastructure ($AY) – added 1 share at $26.36
    • ETRACS 2xMonthly Pay Leveraged US Small Cap ETN ($SMHB) – added 1 share at $7.71
  • January 13th, 2022
    • Intel ($INTC) – added 1 share at $29.89
    • Bank of America ($BAC) – added 1 share at $33.86

Next week I will continue to add $10 into each ETF ($SPY, $XYLG, and $SCHD) and will continue to hold onto the rest of my cash if the market gets lower. I have started to slowly deploy that cash in case a bottom has already been hit, but only time will tell. I really want to deploy this cash position into $CMCSA, and $INTC to build 100 share positions in them for covered call activities.

Summary

That is it for the update this week. The weekly market recap and outlook article is live. Read that here to understand what happened this week and prepare for the next!

Let me know what you think of the progress so far, share with me your progress and questions, interact with me on twitter and Instagram using the links below!

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

Regards,

Dividend Dollars

Categories
Dividend Stocks Dividends Portfolio

Dividend Portfolio: 1/6/2023 Weekly Update

Happy New Years and welcome back to the weekly Dividend Dollars portfolio review! This portfolio update is brought to you by Sharesight, a portfolio tracking tool that I am happy to partner with. Their platform makes tracking trading and dividend history, understanding your performance, and saving time a breeze. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis. I am a young investor in my 20’s and by sticking to this strategy over the long term, the magical powers of compounding are on my side. This allows me to more easily build substantial positions in dividend paying stocks over time, which will one day help me reach the ultimate goal of being financially free through the sources of passive income they provide. You can read more about the strategy here. Let’s dive into the portfolio review!

Portfolio Value

To date, I have invested $12,860 into the account the total value of all positions plus any cash on hand is $13,108.12. That’s a total gain of 1.69%. The account is up $305.39 for the week which is a 2.39% gain.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -12.58% which puts us 14.2% higher than the market! I love tracking my portfolio against a benchmark like the S&P. The above chart comes from Sharesight which makes portfolio and dividend management a breeze!

We added $60 in cash to the account this week, trades made will be broken out below.

Portfolio

Above is a dashboard of the portfolio that tracks annual dividend income, yield, beta, dividend growth, and more.

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI this week decreased from $465 to $486. This is mainly because of a drop in the yearly payout from $XYLG following their most recent dividend declaration.

Dividends

This week I received 1 dividend: $7.92 from $BBY

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically.

Dividends received for 2023: $7.92

Portfolio’s Lifetime Dividends: $418.32

Trades

Wow what a crazy green week in the market. This week I executed my regular weekly buys in $SPY, $XYLG, and $SCHD. I also pulled trigger on getting my $T position to 100 shares in order to start selling covered calls.

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

  • January 3rd, 2023
    • SPDR S&P 500 ETF ($SPY) – added $10 at $379.71 per share (weekly buy)
    • Global X S&P 500 Covered Call & Growth ETF ($XYLG) – added $10 at $25.08 per share (weekly buy)
    • Schwab US Dividend Equity ETF ($SCHD) – added $10 at $75.18 per share (weekly buy)
    • ProShares Ultra Short ($SDS) – Sold position of 7 shares at $45.58 (roughly 8% gain)
    • AT&T ($T) – added 25 shares at $18.45
    • AT&T ($T) – sold covered $20 call 1/20 for $3
  • January 4th, 2023
    • Microsoft ($MSFT) – added 0.2 shares at $227.65

Next week I will continue to add $10 into each ETF ($SPY, $XYLG, and $SCHD) and will continue to hold onto the rest of my cash if the market gets lower. I have started to slowly deploy that cash in case a bottom has already been hit, but only time will tell. I really want to deploy this cash position into $CMCSA, and $INTC to build 100 share positions in them for covered call activities.

Summary

That is it for the update this week. Cheers to an awesome year in 2022 of outperforming the market and cheers to a great 2023 with many buying opportunities!

Due to traveling this weekend, I did not have enough time to write a market recap to compliment this post. I will get back to the regular schedule going ahead. Is a real shame, because this last week was crazy!

Let me know what you think of the progress so far, share with me your progress and questions, interact with me on twitter and Instagram using the links below!

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

Regards,

Dividend Dollars

Categories
Dividend Stocks Dividends Portfolio

Dividend Portfolio: 12/30/2022 Weekly Update

Welcome back to the weekly Dividend Dollars portfolio review! This portfolio update is brought to you by Sharesight, a portfolio tracking tool that I am happy to partner with. Their platform makes tracking trading and dividend history, understanding your performance, and saving time a breeze. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Happy New Years! Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis. I am a young investor in my 20’s and by sticking to this strategy over the long term, the magical powers of compounding are on my side. This allows me to more easily build substantial positions in dividend paying stocks over time, which will one day help me reach the ultimate goal of being financially free through the sources of passive income they provide. You can read more about the strategy here. Let’s dive into the portfolio review!

Portfolio Value

To date, I have invested $12,830 into the account the total value of all positions plus any cash on hand is $12,684.04. That’s a total loss of 1.314%. The account is up $33.16 for the week which is a 0.26% gain. Pretty flat week.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -13.83% which puts us 12.6% higher than the market! I love tracking my portfolio against a benchmark like the S&P. The above chart comes from Sharesight which makes portfolio and dividend management a breeze!

We added $60 in cash to the account this week, trades made will be broken out below.

Portfolio

Above is a dashboard of the portfolio that tracks annual dividend income, yield, beta, dividend growth, and more.

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI this week decreased from $491 to $465. This is mainly because of a drop in the yearly payout from $XYLG following their most recent dividend declaration.

Dividends

This week I received 3 dividends, see the chart below. These will all be reinvested automatically on the next trading day.

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically.

Dividends received for 2022: $387.48

Portfolio’s Lifetime Dividends: $410.40

Trades

This week was a slow one. I took the opportunity average down a little in AT&T and did my weekly buys in $SPY, $XYLG, and $SCHD.

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

  • December 27th, 2022
    • SPDR S&P 500 ETF ($SPY) – added $10 at $380.76 per share (weekly buy)
    • Global X S&P 500 Covered Call & Growth ETF ($XYLG) – added $10 at $25.22 per share (weekly buy)
    • Schwab US Dividend Equity ETF ($SCHD) – added $10 at $75.70 per share (weekly buy)
  • December 28th, 2022
    • AT&T ($T) – added 1 share at $18.48

Next week I will continue to add $10 into each ETF ($SPY, $XYLG, and $SCHD) and will continue to hold onto the rest of my cash until the market gets a little bit lower. I really want to deploy this cash position into $T, $CMCSA, and $INTC to build 100 share positions in them for covered call activities.

Summary

That is it for the update this week. Cheers to an awesome year in 2022 of outperforming the market and cheers to a great 2023 with many buying opportunities!

Later this weekend, I will write the final market recap for the year!

Let me know what you think of the progress so far, share with me your progress and questions, interact with me on twitter and Instagram using the links below!

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

Regards,

Dividend Dollars

Categories
Dividend Stocks Dividends Portfolio Stock Market

Dividend Portfolio: 12/23/2022 Weekly Update

Welcome back to the weekly Dividend Dollars portfolio review! This portfolio update is brought to you by Sharesight, a portfolio tracking tool that I am happy to partner with. Their platform makes tracking trading and dividend history, understanding your performance, and saving time a breeze. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis. I am a young investor in my 20’s and by sticking to this strategy over the long term, the magical powers of compounding are on my side. This allows me to more easily build substantial positions in dividend paying stocks over time, which will one day help me reach the ultimate goal of being financially free through the sources of passive income they provide. You can read more about the strategy here. Let’s dive into the portfolio review!

Portfolio Value

To date, I have invested $12,770 into the account the total value of all positions plus any cash on hand is $12,593.26. That’s a total loss of 1.38%. The account is up $8.20 for the week which is a 0.06% gain. Pretty flat week.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -13.71% which puts us 12% higher than the market! I love tracking my portfolio against a benchmark like the S&P. The above chart comes from Sharesight which makes portfolio and dividend management a breeze!

We added $60 in cash to the account this week, trades made will be broken out below.

Portfolio

Above is a dashboard of the portfolio that tracks annual dividend income, yield, beta, dividend growth, and more.

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our moves this week increased my PADI by $9 to $491.

Dividends

This week I received only 1 dividend for $2.21 from $SMHB.

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically.

Dividends received for 2022: $377.90

Portfolio’s Lifetime Dividends: $400.83

Trades

This week was mainly a DCA week was a slow one. I took the opportunity average down a little in AT&T and pick up some shares in Medtronic right before the ex-dividend date. Most other activity was my weekly buys in $SPY, $XYLG, and $SCHD as well as reinvesting dividends.

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

  • December 19th, 2022
    • SPDR S&P 500 ETF ($SPY) – added $10 at $383.54 per share (weekly buy)
    • Global X S&P 500 Covered Call & Growth ETF ($XYLG) – added $10 at $25.30 per share (weekly buy)
    • Schwab US Dividend Equity ETF ($SCHD) – added $10 at $75.14 per share (weekly buy)
    • AT&T ($T) – added 2 shares at $18.13
    • Medtronic ($MDT) – added 2 shares at $76.73
  • December 20th, 2022
    • Realty Income ($O) – added 1 share at $63.46
  • December 21st, 2022
    • ETRACS 2x Levered ETN ($SMHB) – dividend reinvested

Next week I will continue to add $10 into each ETF ($SPY, $XYLG, and $SCHD) and will continue to hold onto the rest of my cash. I really want to deploy this cash position into $T, $CMCSA, and $INTC to build 100 share positions in them for covered call activities.

Summary

That is it for the update this week. Let’s kill it next week. Stay patient and be ready to buy income producing assets at a discount!

Read the weekly market review to get a recap of the week and help arm yourself with market knowledge! There’s tons to discuss with the latest FOMC meeting and economic data releases, so go give it a read!

Let me know what you think of the progress so far, share with me your progress and questions, interact with me on twitter and Instagram using the links below!

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

Regards,

Dividend Dollars

Categories
Dividend Stocks Dividends Portfolio

Dividend Portfolio: 12/16/2022 Week in Review

Welcome back to the weekly Dividend Dollars portfolio review! This portfolio update is brought to you by Sharesight, a portfolio tracking tool that I am happy to partner with. Their platform makes tracking trading and dividend history, understanding your performance, and saving time a breeze. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis. I am a young investor in my 20’s and by sticking to this strategy over the long term, the magical powers of compounding are on my side. This allows me to more easily build substantial positions in dividend paying stocks over time, which will one day help me reach the ultimate goal of being financially free through the sources of passive income they provide. You can read more about the strategy here. Let’s dive into the portfolio review!

Portfolio Value

To date, I have invested $12,710 into the account the total value of all positions plus any cash on hand is $12,470.80. That’s a total loss of 1.88%. The account is down $273.08 for the week which is a 2.14% loss.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -13.93% which puts us 12% higher than the market! I love tracking my portfolio against a benchmark like the S&P. The above chart comes from Sharesight which makes portfolio and dividend management a breeze!

We added $60 in cash to the account this week, trades made will be broken out below.

Portfolio

Above is a dashboard of the portfolio that tracks annual dividend income, yield, beta, dividend growth, and more.

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our moves this week increased my PADI by $7 to $482.

Dividends

This week I received 5 dividends totaling $21.72.

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically.

Dividends received for 2022: $375.69

Portfolio’s Lifetime Dividends: $398.61

Trades

This week was mainly a DCA week into some names that I have been pushing to get 100 shares in ($T and $CMCSA). Most other activity was my weekly buys in $SPY, $XYLG, and $SCHD as well as reinvesting dividends. The only difference there this week was the weekly buys. Rather than having those auto-invest on Monday, I turned that off and timed the investment myself. With the CPI release and Fed meeting, I knew it was better to wait and see what the market did, and luckily the market dropped hard giving me better buys!

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

  • December 12th, 2022
    • $SCHD dividend reinvested
    • $MMM dividend reinvested
  • December 13th, 2022
    • ProShares UltraShort S&P ($SDS) – added 1 share at $41.31
  • December 14th, 2022
    • Comcast ($CMCSA) – added 1 share at $36.02
  • December 15th, 2022
    • SPDR S&P 500 ETF ($SPY) – added $10 at $390.53 per share (weekly buy)
    • Global X S&P 500 Covered Call & Growth ETF ($XYLG) – added $10 at $25.68 per share (weekly buy)
    • Schwab US Dividend Equity ETF ($SCHD) – added $10 at $75.58 per share (weekly buy)
    • AT&T ($T) – added 1 share at $18.61
  • December 16th, 2022
    • $NEE dividend reinvested
    • $O dividend reinvested
    • $AY dividend reinvested
    • AT&T ($T) – added 1 share at $18.37

Next week I will continue to add $10 into each ETF ($SPY, $XYLG, and $SCHD) and will continue to hold onto the rest of my cash. I really want to deploy this cash position into $T, $CMCSA, and $INTC to build 100 share positions in them for covered call activities.

Summary

That is it for the update this week. Let’s kill it next week. Stay patient and be ready to buy income producing assets at a discount!

Read the weekly market review to get a recap of the week and help arm yourself with market knowledge! There’s tons to discuss with the latest FOMC meeting and economic data releases, so go give it a read!

Let me know what you think of the progress so far, share with me your progress and questions, interact with me on twitter and Instagram using the links below!

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

Regards,

Dividend Dollars