Welcome back to the weekly Dividend Dollars portfolio review! This post is brought to you by Koyfin, a powerful analytical tool that I am proud to partner with. Their platform is entirely customizable for whatever investment data you want to look at. I wouldn’t use any other website to dive into a stock’s fundaments. Click the link above or picture below to get a special offer only for Dividend Dollar readers or go give my product review a read if you’re interested!
Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis. I am a young investor in my 20’s and by sticking to this strategy over the long term, the magical powers of compounding are on my side. This allows me to more easily build substantial positions in dividend paying stocks over time, which will one day help me reach the ultimate goal of being financially free through the sources of passive income they provide. You can read more about the strategy here. Let’s dive into the portfolio review!
To date, I have invested $18,325 into the account the total value of all positions plus any cash on hand is $18,630.98. That’s a total gain of 1.66%. The account is down $578.89 this week which is a -3.01% loss. We added $145 in cash to the account this week, trades made will be broken out below.
We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -3.04% which puts us 4.70% higher than the market!
Above is a dashboard of the portfolio that tracks annual dividend income, yield, beta, dividend growth, and more.
Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI decreased from $657 to $643! The decrease is because of the sale of my bond positions.
Over the last week I received three dividends: $6.35 from $SMHB, $4.91 from $LMT, and $0.48 from $NSSC. $LMT & $NSSC were received on Friday and will be reinvested on Monday.
Dividends received for 2023: $388.35
Portfolio’s Lifetime Dividends: $798.75
This week we did our weekly $10 buys into our ETFs of $SPY, $SCHD, and $XYLG.
We added to $INTC on Tuesday after watching their innovation conference. The event featured the announcement of the Meteor Lake generation, a demo of the Lunar Lake system, road map to the Panther Lake system by 2025, showed off the world’s first working UCIe-enabled chiplet-based process, transitioning away from resin to glass, and announced the 288 core Xeon processor coming 2024. A lot of good stuff! However, the stock price slid after the event as the items showed didn’t capture imaginations or impress on the AI leaning products. I think the conference laid out an awesome road map of things coming, what they are, and when to expect them. This is key as it reinforces confidence in Intel and their execution which has previously been plagued by delays and issues that disappointed investors.
Next, we sold off our bond exposure position in $AGG. I think the thesis for a rate pause is still valid, and that intermediate-core bonds will do well in the next year or so. However, I wanted the cash free to buy into things this week and next week. Read the thesis for that trade here, and if you stay in the play without me, I wish you luck!
Next (and this isn’t a trade but just something to mention), $NVO under went a 2:1 split. This was done to increase share liquidity in their domestic market and for the ADR. This change is reflected in the portfolio.
Lastly, we added to a newer position in $IBP. The stock is down 15% in a month, mostly due to selling pressure on housing-related stocks due to rate concerns. Market cycles aside, this company has a strong track record of executing on beneficial M&As to grow their operations and efficiencies. Regardless of the macro, they’ll continue to do this in the long-term, making it a solid cyclical compounder for the portfolio.
Then, we had some dividend reinvestments and continue to monitor our turtle trade in $URNM which bounced back amazingly this week and reached a 22% gain! We are fully scaled in and have our stop set at $40.37, giving us a guaranteed 7.6% win so far. We continue to move the stop up as the 10 day low moves higher with the trend! If you want to learn more about the turtle trend strategy, I have published a full article on it which you can read here. The below table is a log of the trades taken under the strategy so far.
Below is a breakdown of the trades I made this week:
- September 19th, 2023
- Intel ($INTC) – added 2 shares at $37.03.
- Schwab US Dividend Equity ETF ($SCHD) – weekly $10 buy for 0.136537 shares.
- SPDR S&P 500 ETF ($SPY) – weekly $10 buy for 0.022655 shares.
- Global X S&P 500 Covered Call & Growth ETF ($XYLG) – weekly $10 buy for 0.366032 shares.
- September 21st, 2023
- iShares Core US Aggregate Bond ETF ($AGG) – sold full position at $94.65.
- September 22nd, 2023
- $SMHB dividend reinvested.
- Installed Building Products ($IBP) – added 1 share at $123.27
That is it for the update this week. These weeks are my favorite. Very little moves to report, but all of the right positions are progressing and keeping us above the market’s performance! Looking forward to future.
Let me know what you think of the progress so far, share with me your progress and questions, interact with me on Twitter and CommonStock as well as the other socials using the links below! Also, tune into the Games N Gains Twitch Stream every Thursday at 6PM MST. I play games, hang out, and chat with y’all about stocks, charts, fundamentals, and anything else you like! I hope to see you in there!
Thank you for reading! See you next week and stay safe!
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