Tag: Portfolio Update

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Dividend Stocks Dividends Portfolio

Dividend Portfolio: 5/5/23 Weekly Update

Welcome back to the weekly Dividend Dollars portfolio review which 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 $15,850 into the account the total value of all positions plus any cash on hand is $15,736.74. That’s a total loss of 0.7%. The account is down $363.93 for the week which is a 2.26% loss. We added $120 in cash to the account last week, trades made will be broken out below.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -7.16% which puts us 6.45% higher than the market!

Portfolio

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

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI decreased from $557 to $556.

Dividends

This week we received two dividends: $28.17 from $T and $4.25 from $XYLG.

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. The $SPY dividend hit afterhours on Friday, so that will be invested automatically on Monday.

Dividends received for 2023: $19.84

Portfolio’s Lifetime Dividends: $603.54

Trades

This week we continued to use the turtle trend trade strategy on some inverse ETF positions, they ultimately did not pan out. I’m thinking I will avoid inverse and maybe even leveraged ETFs depending on how performance continues to look. This was the second week that we really followed the Turtle Trend strategy. Soon I will be post a large in-depth article of the strategy, its history and story, and how I have altered it a little bit to accommodate my portfolio. This was a choppy week for the market which made finding trends difficult. I have added a new table below to show the performance of the strategy so far.

Aside from Turtle trades, we initiated a small position in $NVO, a healthcare diabetes/obesity play, the market for their products continue to expand and their financials look solid. I will conduct more research before growing the position. We also did some averaging into $CMI after the negative reception of their earnings report, as well as $T, $INTC, $BAC, and $SMHB.

Full details for my trades are below:

  • May 1st, 2023
    • Intel ($INTC) – added 1 share at $30.46
    • Cummins ($CMI) – added 0.2 shares at $234.80
    • AT&T ($T) – dividend reinvested
  • May 2nd, 2023
    • Cummins ($CMI) – added 0.5 shares at $231.72
    • Intel ($INTC) – added 1 share at $29.88
    • Bank of America ($BAC) – added 3 shares at $28.00
    • Novo Nordisk ($NVO) – added 1 share at $167.92
    • Global X S&P 500 Covered Call & Growth ETF ($XYLG) – dividend reinvested
  • May 4th, 2023
    • Direxion Daily Small Cap Bear ETF ($TZA) – added 5 shares at $36.20 (trend add level)
    • ETRACS 2x Monthly Pay Levered US Small Cap ($SMHB) – added 10 shares at $4.13
    • Schwab US Dividend Equity ETF ($SCHD) – added 0.4 shares at $69.75
  • May 5th, 2023
    • Direxion Daily Small Cap Bear ETF ($TZA) – sold 12 share position at $33.09, trend stop hit ($24.84 loss)
    • Investment Managers Series Trust II AXS Short Innovation Daily ETF ($SARK) – sold 14 share position at $42.80, trend stop hit ($25.34 loss)
    • Direxion Daily MSCI Mexico Bull 3x ($MEXX) – added 2 shares at $144.79, trend trade entry

Next week I will look to continue my weekly buys into $SPY, $SCHD, and $XYLG and watch for opportunistic adds as well as trend opportunities. I’ll be looking to add to my redder positions in $MMM and $BAC to take advantage of the coming ex-dividend dates estimated to come in the next month or two. I will also be keeping my eyes on $ATVI to see if it falls below my cost basis for a potential add. The stock lost substantial gains two weeks ago on account of the CMA blocking the transaction. Read my recap on the situation here.

Turtle Trades

Summary

That is it for the update this week. Big week for DividendDollars!

The market recap and outlook is also live and provides tons of information on what macro statistics I look at to keep a temperature gauge on the market and inform my portfolio movements. Read this week’s here!

I will also work on finishing my write up on the trend following strategy to share with you, so stay tuned for that.

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: 2/10/23 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 $13,490 into the account the total value of all positions plus any cash on hand is $13,852.71. That’s a total gain of 2.74%. The account is down $230.10 for the week which is a 1.63% 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 -8.19% which puts us 10.93% 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 $518 to $525.

Dividends

This week I received no dividends, how sad!

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

Trades

This week was a week of buying down into some DCA worthy positions leading into coming ex-dividend dates. We added to $AY, $MMM, and $SHOO. $AY’s next dividend hasn’t been declared yet, but I am expecting it to hit in mid-March.

The $MMM add was in anticipation of the dividend hike that was expected to be announced that day. The hike was another token small hike in order to keep their streak alive, which was to be expected given the situation with their litigations. I’ll continue to add slowly to this one, the litigations will not put $MMM out of business by any means but is a significant headwind for them in coming years. Long-term, these litigations provide a great value opportunity to buy into a powerhouse of a company.

Then both $SHOO and $ATVI were DCA’s. $ATVI was down on regulatory news, but that does not change my thesis on the merger arbitrage play with expected completion in June. At almost 4% of my portfolio, this position probably won’t get much bigger than here.

We also completed our regular ETF buys on Wednesday.

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

  • February 6th, 2023
    • Activision Blizzard ($ATVI) – added 1 share at $71.42
  • February 7th, 2023
    • 3M ($MMM) – added 0.25 shares at $115.28
  • February 8th, 2023
    • SPDR S&P 500 ETF ($SPY) – added $10 at $413.62 per share (weekly buy)
    • Global X S&P 500 Covered Call & Growth ETF ($XYLG) – added $10 at $26.73 per share (weekly buy)
    • Schwab US Dividend Equity ETF ($SCHD) – added $10 at $77.11 per share (weekly buy)
    • Steven Madden ($SHOO) – added 1 share at $34.19
  • February 9th, 2023
    • Steven Madden ($SHOO) – added 1 share at $33.91
    • Atlantica Sustainable Infrastructures ($AY) – added 1 share at $26.45
  • February 10th, 2023
    • AT&T ($T) – Covered call expired worthless, 100% gain on the premium

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

Dividend Portfolio: 10/24/2021 Week in Review

Photo by Alesia Kozik on Pexels.com

Welcome back to Dividend Dollars! I hope you’re doing well and enjoying the beginning of this journey. 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. I will do my best to be consistent with these updates, but as you know, life happens to all and we may miss an update or two here or there. All that aside, lets dive in!

Portfolio Value

As this is the first installment of the portfolio update, we will use this post as a baseline to gauge progress moving forward. To date I have invested a total of $1,050 and the account is valued at $1,067.41. That’s a total gain of $17.41 for a 1.66% gain. Not a crazy gain by any means, but we are in this for the long haul. Our approach to investing in discounted stocks with growing dividends is a slow game, so this gain in the portfolio value, to me, is a huge win and tells me our strategy of trying to find discounted growth dividends stocks could be working. As we continue to invest regularly and reinvest dividends, more substantial gains will come. We are at the very beginning of the exponential curve upwards 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 yellow are stocks that I am just using to hold money in. 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. I 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 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.

Dividends

Last week we received $0.06 in dividends. This came from PSEC which was a stock I was using as a temporary vehicle to hold funds while I gathered more funds for a larger planned position.

Dividends received for the week of October 18th: $0.06
Dividends received for October 2021: $0.64
Year-To-Date Dividends: $0.64

Trades

At the start of the week I bought 4 shares of PSEC for $33.04 and sold them later in the week for $33.55. I bought two shares of VZ for $106.55 and 1 share of PBA for $33.88 for a temporary holding position. Earlier in the month I had added to positions in T, MMM, WBA, KO, and O, all stock picks for the month.

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.

Walgreens WBA to make additional investment in VillageMD:
WBA popped off of this news. WBA will invest an additional $5.2 billion into the VillageMD position which is poised to open a large number of primary care practices in Walgreens stores to further progress the company’s goal of stepping into the full-service primary care practice.

AT&T Stock Below Covid Lows:
I believe at less than $26 per share AT&T looks undervalued. I added to this position within the last few weeks. It seems to have found a bottom at $25 but will keep watching closely for more downsides. I will not dive into my reasoning for this opinion within this post, however I always recommend you do your own research before entering into any position.

Summary

That is it for the update this week. Let’s kill it next week and keep our eyes open for good buying opportunities. Let me know what you think of the progress so far, share with us your progress, thank you for reading, and take care!