Dividend Portfolio Update for January 2020

It’s a new year and already my dividend growth portfolio is hard at work making me money. I have been very hands off of my portfolio for the last several months. But that’s also the beauty of dividend growth investing. Even though I did not add any significant funds to it, it continued to grow by itself. The dividend reinvestment did it’s job and took care of everything for me. My advice to any new dividend growth investors out there is to buy quality companies and let them do their thing. I never onced worried about my portfolio while I was predisposed.

January is a very typical month for me in terms of dividend payouts. Next month I plan on giving the portfolio a much needed injection of capital. It’s been too long since I bought anything substantial.

On to the update!

Summary

  • $250.64 in dividends for the month of January.
  • I added +$16.53 to my annual income.

Dividend Portfolio 2020

Beginning Balance: $118,981.85
End Balance: $116,150.70
Change: -2.4%

Account Deposits
No deposits for the month of January. All stock purchases were done through DRIPs or leftover funds.

Total: +0.00

Dividend Payouts

CPB $21.86
OZK $12.06
GE $0.25
CSCO $6.65
O $13.27
MAIN $12.00
CAH $35.12
NGG $9.61
STWD $22.08
MO $77.28
MRK $12.20
SDIV $13.08
EMN $15.18
Total: $250.64

Another great thing I like to do is to look back and compare the dividend payout amount versus the previous year. I love seeing it grow year over year. If we take my January 2019 value of $215.81 and compare it to $250.64; my January payout has increased by 16%!

Purchases

  • Bought 1 WRK @ 38.91
    Westrock Company is a multinational provider of paper packaging solutions. It’s currently providing a 4.7% dividend yield and has a dividend streak of 4 years. It currently sits at a payout ratio of 56% with a 3-year dividend growth rate of 8%. This adds +$1.86 to my annual income.
  • Bought 2 MDP @ 31.45
    Meredith Corporation is a Local and National diversified media company. It’s currently providing a 7.6% dividend yield and has a dividend streak of 26 years! It currently sits at a payout ratio of 35% with a 5-year dividend growth rate of 5.8%. This adds +$4.60 to my annual income.

DRIPS

We now live in a world of free trades and fractional investing. So some people believe there is less value in Automatic Dividend Reinvestment. I can understand what they are saying but I don’t want to penalized my stocks for doing good. With that being said, I do have a few stocks with DRIP turned off. I take that capital and allocate it where I see fit. But I love that the majority of my portfolio is automatic. It definitely takes a heavy load off my shoulders.

  • Bought 0.447 CPB @ 48.9276
    This adds +$0.62 to my annual income.
  • Bought 0.438 OZK @ 27.553
    This adds +$0.42 to my annual income.
  • Bought 0.136 CSCO @ 48.9151
    This adds +$0.19 to my annual income.
  • Bought 0.174 O @ 76.2358
    This adds +$0.48 to my annual income.
  • Bought 0.268 MAIN @ 44.8377
    This adds +$0.65 to my annual income.
  • Bought 0.651 CAH @ 53.9589
    This adds +$1.24 to my annual income.
  • Bought 0.168 NGG @ 57.351
    This adds +$0.51 to my annual income.
  • Bought 1.521 MO @ 50.8146
    This adds +$5.11 to my annual income.
  • Bought 0.136 MRK @ 89.5804
    This adds +$0.33 to my annual income.
  • Bought 0.199 EMN @ 76.2339
    This adds +$0.52 to my annual income.

Total = +$10.07 added to my annual income!

Sells

None.

Summary

It’s easy to look at my previous month of high dividend payout and not be as excited that January is less than half. I am entirely grateful to be able to invest in high quality companies. I don’t look to even out my dividend income on a per-month basis. I like buying great companies at fair prices. Whenever they pay out is fine by me. Of course, I’m not using the dividend payouts for income just yet, so I can allow my shares to grow over time.

If you’re curious about my entire dividend growth portfolio—check it out here.

Thanks for reading everybody! If you have any questions, please feel free to leave them in the comment section below. See you next month!

Dividend Portfolio Update for December 2019

Wow. Another year is already in the record books. For myself, this year has had a lot of bad times but I look forward to the future and everything that comes with it.

I’m proud to say that I have received my highest monthly dividend payout EVER!  I set all the stocks to DRIP, of course, and that means all the money just went back into the stocks.

No new buys or anything—but once my emergency fund is back to being fully funded, I plan on hitting the dividend portfolio hard again.

On to the update!

Summary

  • $565.64 in dividends for the month of December.
  • I added $24.45 to my annual income.

Dividend Portfolio for Decembe

Beginning Balance: $115,827.31
End Balance: $118,981.85
Change: +2.7%

Account Deposits
No deposits for the month of December. All stock purchases were done through DRIPs.

Total: +0.00

Dividend Payouts

ARCC $42.00
GILD $12.60
TROW $19.76
ARCC $2.10
CLDT $17.05
MAIN $13.99
DUK $29.30
KO $24.80
O $13.20
MMM $36.00
WBA $9.15
MDP $20.13
IBM $37.26
MAIN $11.95
SDIV $13.08
JNJ $26.60
XOM $24.36
CVX $7.14
TGT $29.70
SO $27.28
V $3.00
WRK $33.02
PFE $5.76
F $49.65
PSX $14.40
SBUX $17.63
CLDT $17.05
WSM $7.68
Total: $565.64

My passive dividend portfolio added +$565.64 to my account. I’m pretty sure this is the highest month ever in the history of the DividendNoob blog.

Purchases

None.

DRIPS

A solo month of nothing but DRIP’s and I couldn’t be happier. Here’s a quick rundown of them all.

  • Bought 2.252 ARCC @ 18.6463
    This adds ~$3.60 to my annual income.
  • Bought 0.195 GILD @ 64.6184
    This adds ~$0.49 to my annual income.
  • Bought 0.163 TROW @ 121.4638
    This adds ~$0.49 to my annual income.
  • Bought 0.113 ARCC @ 18.5719
    This adds ~$0.18 to my annual income.
  • Bought 0.932 CLDT @ 18.2848
    This adds ~$1.23 to my annual income.
  • Bought 0.323 MAIN @ 43.375
    This adds ~$0.79 to my annual income.
  • Bought 0.323 DUK @ 90.5819
    This adds ~$1.22 to my annual income.
  • Bought 0.456 KO @ 54.4017
    This adds ~$0.72 to my annual income.
  • Bought 0.183 O @ 72.3204
    This adds ~$0.49 to my annual income.
  • Bought 0.213 MMM @ 169.1845
    This adds ~$1.22 to my annual income.
  • Bought 0.157 WBA @ 58.1971
    This adds ~$0.28 to my annual income.
  • Bought 0.276 IBM @ 135.1593
    This adds ~$1.78 to my annual income.
  • Bought 0.276 MAIN @ 43.2981
    This adds ~$0.67 to my annual income.
  • Bought 0.188 JNJ @ 141.3734
    This adds ~$0.71 to my annual income.
  • Bought 0.351 XOM @ 69.3741
    This adds ~$1.22 to my annual income.
  • Bought 0.061 CVX @ 117.0151
    This adds ~$0.29 to my annual income.
  • Bought 0.237 TGT @ 125.417
    This adds ~$0.62 to my annual income.
  • Bought 0.44 SO @ 61.9862
    This adds ~$1.09 to my annual income.
  • Bought 0.017 V @ 181.4419
    This adds ~$0.02 to my annual income.
  • Bought 0.823 WRK @ 40.1125
    This adds ~$1.53 to my annual income.
  • Bought 0.152 PFE @ 38.0192
    This adds ~$0.23 to my annual income.
  • Bought 5.596 F @ 8.8728
    This adds ~$3.35 to my annual income.
  • Bought 0.127 PSX @ 112.9495
    This adds ~$0.45 to my annual income.
  • Bought 0.209 SBUX @ 84.4259
    This adds ~$0.34 to my annual income.
  • Bought 0.936 CLDT @ 18.214
    This adds ~$1.23 to my annual income.
  • Bought 0.111 WSM @ 69.1845
    This adds ~$0.21 to my annual income.

Total = +$24.45 added to my annual income!

Sells

None.

Summary

Just seeing the DRIP section of my update fills me with so much joy. As of today, I have every stock in my portfolio DRIPing. Hopefully, everything gets back to normal for me financially and I can continue to add more funds to my dividend growth portfolio. Until then, my dividend growth portfolio is doing exactly what’s designed to do—grow with or without me.

Thanks for reading everybody! If you have any questions, please feel free to leave them in the comment section below.

Dividend Portfolio Update for November 2019

The holiday seasons are upon us and I hope everybody had a good and hearty Thanksgiving meal. I hope the best for you and your family in the upcoming new year. May everybody stay healthy and your dividend portfolios continue to bring joy :).

Nothing too exciting with the portfolio this past month. Well, I shouldn’t say that exactly. This was the first full month of having DRIP activated on my portfolio and it was great seeing my high-quality dividend growth stocks automatically increase themselves. I’m still in the process of bringing my emergency fund back up to its normal amount after a few months of unexpected costs.

Summary

  • $293.56 in dividends for the month of November.
  • I added $168.68 to my annual income.

dividend growth november portfolio returns

Account Deposits
No deposits for the month of November. All stock purchases were done with cash in the account or through DRIPs.

Total: +0.00

Dividend Payouts

MAIN Main Street Capital 11.89
PG Proctor Gamble 23.87
ABBV AbbVie Inc. 48.15
O Realty Income 13.17
AAPL Apple 15.4
SDIV Superfund ETF 13.08
LOW Lowes 4.95
CVS CVS 27.5
T AT&T 77.01
VZ Verizon 25.22
GIS General Mills 33.32
Total: $293.56

Added +$293.56 to my account.

Purchases

  • 5 shares of MO @ $45.15
    Altria continues to be priced at a good value. The dividend yield is touching at 7% and there’s been a sprinkle of good news in the swarm of bad lately. But if you’re okay with riding the waves and buying the low tranches, this is still worthy of a spot in the portfolio. This adds +$16.80 to my annual income.
  • 3 shares of IBM@$136.30
    IBM has its fair share of headwinds and issues that it needs to figure out but I’m okay with sticking it out at the current evaluation. This adds +$19.44 to my annual income.
  • 35 shares of MDP@ $35.25
    A new position to the portfolio. MDP is one of the more interesting companies in my portfolio. They are a diversified media company that operates in Local Media and National Media segments. Primarily their money has been in magazine publishing but they are making moves towards marketing in digital and mobile media, as well as owning television stations.  This adds +$80.50 to my annual income.
  • 2 shares of MMM@ $169.75, 5 shares @ $166.50
    This adds +$40.32 to my annual income.

Total = +$157.06 added to my annual income!

DRIPS

A full month of DRIP’s this time and I couldn’t be more happy. Here’s a quick rundown of them all.

  • 0.649 GIS @ 51.321
    This adds ~$1.27 to my annual income.
  • 0.419 VZ @ 60.2188
    This adds ~$1.03 to my annual income.
  • 1.967 T @ 39.1555
    This adds ~$4.01 to my annual income.
  • 0.405 CVS @ 67.8911
    This adds ~$0.81 to my annual income.
  • 0.044 LOW @ 113.4799
    This adds ~$0.09 to my annual income.
  • 0.058 AAPL @ 264.0599
    This adds ~$0.17 to my annual income.
  • 0.276 MAIN @ 43.1038
    This adds ~$0.67 to my annual income.
  •  0.167 O @ 78.6947
    This adds ~$0.45 to my annual income.
  • 0.54 ABBV @ 89.1165
    This adds ~$2.54 to my annual income.
  • 0.196 PG @ 122.0296
    This adds ~$0.58 to my annual income.

Total = +$11.62 added to my annual income!

Sells

I mentioned last month in my dividend portfolio update that I was debating on selling my shares of $PZZA. I definitely weighed the pros and cons and decided to sell.

  • Sold 24 shares of PZZA @ $60.00.

Summary

Just seeing the DRIP section of my update makes me happy. As of today, I have every stock in my portfolio DRIPing. Not sure if I will keep it like that but I want to bask in its glory for as long as I can. Hopefully, everything gets back to normal for me financially and I can continue to add more funds to my dividend growth portfolio.

Thanks for reading everybody! If you have any questions, please feel free to leave them in the comment section below.

Dividend Portfolio Update for October 2019

I have to start this update by giving an apology to all my readers. I had some personal business that I had to take care of and that resulted in having to redirect all the potential dividend portfolio funds to it instead. It looks like the troubled waters are clearing up and I will be able to go back to supplying my portfolio with its much-needed funding!

A lot of portfolio news has occurred in the last three months. The biggest of which is the fact that I transferred my holdings from Robinhood to TD Ameritrade.  I’m sure everybody has heard of the recent $0 commission for trades that have been occupying the news lately. I believe Charles Schwab was the first to announce it; with TD Ameritrade and Fidelity quickly following suit. Robinhood was a good home for my portfolio when it was smaller. Free trades, simple UI, and the ability to do it quickly from my phone? Great for a beginner. But as my investing strategy matured, I needed something a little more dividend growth-friendly.

And as a long term holder of my dividend growth stocks, it’s pretty vital that my portfolio can DRIP (Dividend Reinvestment Plan). I like the idea of set it and forget it. Great companies can continue to pay me my dividends, which in turn, I will use to purchase even more shares. You might have heard of the infamous Dave Ramsay’s Debt Snowball? Well, this is it’s older and cooler brother – The Income Snowball.  Of course, changing brokers required me to learn a new interface and there are some pros and cons to using TD Ameritrade versus Robinhood. Hopefully one day I will be able to write those thoughts down in a blog post.

The Dividend Growth Portfolio hasn’t been fully stagnant, however. I’ve been using the dividend payouts over the last few months to purchase additional shares of some great companies. I’ll try and capture the last few months of dividend activity in today’s post but please check out my portfolio page if you’re looking for a complete snapshot.

On to the massive update!

Summary

  • $1,042.09 in dividends for the last 3 months.
  • I added $113.80 to my annual income.

Dividend Noob October Portfolio Value

The chart probably doesn’t help much because I just moved everything over.

Account Deposits
I added $1,000 to my dividend growth portfolio account back in August. I also cashed out some series EE savings bonds that I was given to as a child. Now I had a decision to make concerning the savings bonds. They had finally matured to their full value and I could have left them to gather interest but they would have done so at an interest rate of around 2%. I went ahead and decided to go ahead and cash those out and transfer the funds over into my portfolio. This added another $1,881.74 to the account.

Total: +$2,881.74

August Dividend Payouts

GIS General Mills $33.32
AT&T AT&T $77.01
VZ Verizon $24.70
CVS CVS $27.50
LOW Lowes $4.95
SDIV SuperDividend ETF $13.40
NGG National Grid $18.05
ABBV AbbVie $36.38
MAIN Main Street Capital $11.89
PG Proctor & Gamble $23.87
O Realty Income $13.14
AAPL Apple $15.40
WRK WestRock $32.31
SBUX Starbucks $15.48
PZZA Papa John’s $5.40
WSM Williams-Sonoma $7.68
CLDT Chatham Lodging $17.05
August Total: $377.53

September Payouts

F Ford $49.65
V Visa $2.50
PSX Phillips 66 $14.40
PFE Pfizer $5.76
SO Southern $27.28
CVX Chevron $7.14
IBM IBM $37.26
TGT Target $29.70
XOM Exxon Mobil $24.36
JNJ Johnson & Johnson $23.75
WBA Walgreens $9.15
MMM 3M $31.68
SDIV SuperDividend ETF $13.40
O Realty Income $13.14
DUK Duke Energy $29.30
MAIN Main Street Capital $11.89
GILD Gilead $12.60
CLDT Chatham Lodging $17.05
TROW T. Rowe Price $19.76
ARCC Ares Capital $42.00
ARCC Ares Capital $2.10
Total: $423.87

October Payouts

KO Coca-Cola $24.80
EMN Eastman Chemical $14.26
MRK Merck $11.00
DEO Diageo $20.79
MO Altria $63.00
SDIV SuperDividend ETF $13.08
MAIN Main Street Capital $11.89
STWD Starwood Property Trust $22.08
CAH Cardinal Health $35.12
Oct Realty Income $13.17
OZK Ozark Bank $11.50
Total: $240.69

3 Month Total : +$1,042.09

Purchases

  • 10 shares of WRK @ $34.75
    This adds $18.20 to my annual income.
  • 5 shares of EMN @$67.50 and 3 shares of EMN @ 62.45
    This adds $19.84 to my annual income.
  • 3 shares of MMM @ $158.75, 1 share of MMM @ 167.18
    This adds $23.04 to my annual income.
  • 10 shares of MO @ $43.80, 2 shares @ $46.00
    This adds $40.32 to my annual income.
  • 3 shares of JNJ @ $128.65
    This adds $11.40 to my annual income.

Total = +$112.80 added to my annual income!

DRIPS

  • 0.392 shares of OZK @ 29.3006.
    This adds ~$0.36 to my annual income.
  • 0.463 shares of CPB @46.81
    This adds ~$0.64 to my annual income.

Total = +$1.00 added to my annual income!

Sells

None. But I am debating on selling all my shares of PZZA because they aren’t a stock that follows my dividend growth criteria. Thoughts?

Summary

Just seeing the DRIP section of my update makes me happy. As of today, I have every stock in my portfolio DRIPing. Not sure if I will keep it like that but I want to bask in its glory for as long as I can. Hopefully, everything gets back to normal for me financially and I can continue to add more funds to my dividend growth portfolio.

Thanks for reading everybody! If you have any questions, please feel free to leave them in the comment section below.

Dividend Portfolio Update for July 2019

The eventual goal of my dividend growth portfolio is to provide enough passive income to live off of. And while I won’t be relying on it anytime soon, the income it’s currently creating will be used to continue buying even more shares and the wealth snowball will grow even bigger!

I plan to always buy great dividend producing companies and take advantage of the fact that they raise their dividend EVERY year. That’s like getting a raise from each and every company, every…single…year.

In other news, a few things have changed in my life. I recently took a new job that has the option of putting some of my paycheck into a Employee Stock Purchase Plan. I’m still unsure whether or not I want to take advantage of that. Also with the new job, I have the option of rolling my old employer 401k into the new company. Again, I’m unsure what I will be doing with that but thankfully I’m not in a time crunch to get it done.

On to the update…

Summary

  • $257.17 in dividends
  • Added $1,000 cash to the portfolio
  • Added $50.28 to my annual income.
Captured the image late so it’s not accurate but close enough.

 

Account Deposits
I added $1,000 to my dividend growth portfolio account. Still not quite where I want it to be in contribution terms, but much better than the $0 months of the past.

Dividend Payouts
Here are the companies that paid me dividends for the month of July:

KO Coca Cola $24.80
EMN Eastman Chemical $9.30
MRK Merck $11.00
MO Altria $59.20
SDIV Superfund ETF $13.93
MAIN Main Street Capital $11.89
O Realty Income $13.14
STWD Starwood Property $22.08
CAH Cardinal Health $35.12
OZK Bank OZK $11.04
CSCO Cisco $6.65
GE General Electric $0.25
CLDT Chatham Lodging Trust $17.05
CPB Campbell Soup $21.70
Total: $257.15

Using Google Docs, I keep a running spreadsheet of how much dividend income I receive every month. I think it’s important to realize the growth of your passive income over time. In July 2018, I received $199.84 in dividend income. If we do the math, that means my June dividend income has increased +28.7% compared to the previous year!

Monthly Total: +$257.15

Stock Purchases
I purchased 2 shares of ABBV @ $70.25 and 9 shares @ $67.35.
This adds +$47.08 to my annual income.

I purchased 1 share of MO @ $49.10.
This adds +$3.20 to my annual income

Added Annual Income: +$50.28

Stock Sales
None.

Portfolio News

  • Bank OZK declares $0.24/share quarterly dividend, 4.3% increase from prior dividend of $0.23.
  • Duke Energy declares $0.945/share quarterly dividend, 1.9% increase from prior dividend of $0.9275.
  • Walgreens Boots declares $0.4575/share quarterly dividend, 4% increase from prior dividend of $0.44.

Conclusion
Overall the month of July was decent for my dividend growth portfolio. The portfolio returned $257.15 in dividend payouts and I took tose funds to purchase additional shares of some great companies. I also am back to contributing to my dividend growth portfolio on a monthly basis.

I’m curious what other people think about $ABBV. Feel free to comment down below!