Tuesday, August 26, 2014

New Blogroll Page

I've been working on an extensive blogroll focusing on dividend growth investing (DGI) and other forms of passive income generation. There is a surprising number of blogs out there and I find it fascinating to scan them from time-to-time to see what others think about these topics. Sometimes, someone else's unique way of thinking spawns new ideas in my mind...

There is a wealth of information in such a large collection of blogs. Of course, it requires work to combine and distill the information. In February, I did such an exercise and wrote my most popular post so far. I compiled a spreadsheet containing the combined holdings of 20 publicly available portfolios, counting the number of appearances of each ticker. The 4 most popular dividend growth stocks, based on this composite view, were MCD, CVX, JNJ and KO.

Friday, August 15, 2014

Dividend Increases, August 1-15, 2014

Time again to report on dividend increases announced for stocks in my watch list. One of the stocks I own (WAG) announced a 7.14% increase. As a result, WAG's Yield on Cost (YoC) and DivGro's projected annual dividend income will be adjusted.

I monitor dividend increase announcements as a way to identify new candidates for purchase. When companies announce dividend increases, they show confidence in being able to pay increased dividends. Companies that make aggressive increases pique my interest and I usually take some time to look them over.

Tuesday, August 12, 2014

What is a Liebster Award?

Today, Passive Income Pursuit nominated DivGro for a Liebster Award. After feeling honored to have been nominated, I had to Google "Liebster Award" to find out what this was all about. Sopphey Says it is "kind of like a chain letter" in which one blogger nominates 5 other bloggers to answer 5 questions; and then nominates 5 more bloggers for a Liebster Award, with a new set of 5 questions to answer...

Apparently, Liebster is German for dearest, an adjective than means most loved or cherished or a noun that is an affectionate form of address to a much-loved person. Although I'd like to claim those definitions, The Free Dictionary's definitions are probably more appropriate: greatly valued; precious; highly esteemed or regarded...

Saturday, August 9, 2014

Recent Buy: DE

Aug 8, 2014: Bought 30 shares of DE at $86.23 per share.

Founded in 1837, Deere & Company (DE) is engaged in the production and distribution of agricultural and forestry equipment, construction equipment and engines, worldwide. A credit subsidiary, John Deere Capital Corporation, is one of the largest equipment finance companies in the United States with more than 2.4 million accounts.

DE is a Dividend Contender with a streak of 11 years of dividend increases. It pays quarterly dividends in February, May, August and November. The current dividend is 60¢ per share, so starting yield on cost is 2.78%. DE's 5-year dividend growth rate is 13.43%.

Tuesday, August 5, 2014

Recent Buy: PM

Aug 5, 2014: Bought 31 shares of PM at $81.29 per share.

Headquartered in New York City, Philip Morris International Inc. (PM) is the leading international tobacco company, with seven of the world's top 15 international brands, including Marlboro, the number one cigarette brand worldwide. PM's products are sold in more than 180 markets.

PM is a Dividend Challenger with a streak of 6 years of dividend increases. It pays quarterly dividends in March, June, September and December. The current dividend is 94¢ per share, so starting yield on cost is 4.63%. PM's 5-year dividend growth rate is a solid 28.4%.

Monday, August 4, 2014

10 Dividend Growth Stocks for August, 2014

At the beginning of every month, I use Dave Fish's CCC list to search for stocks trading at a discount to fair value. This year, in an effort to balance my portfolio holdings across all 10 sectors in my watch list, I search for the best available candidates by sector. Until DivGro is nicely balanced, I'll continue to bias purchases to sectors that are under-represented, but only if I can identify candidates with good dividend yields and strong dividend growth rates trading at a discount to fair value.

Sunday, August 3, 2014

Monthly Review, July 2014

During the month of July, we visited South Africa, taking a break from our usual activities. We had a wonderful time hiking the Otter Trail and visiting two national parks, Addo Elephant National Park and Kruger National Park. Of course, the best part was that we got to experience all of these with our extended families.

I took some time during my break to work on DivGro, adding one new stock, IBM, and writing quarterly and midway review posts. I'm happing with DivGro's performance and it seems like I'm in good shape to meet my goals for 2014.

In July, DivGro set another new record for monthly dividend income, namely $396! That is a tremendous increase over last July, when I earned only $45 in dividend income. DivGro now has a market value of $105,413 and is delivering an average yield on cost of 5.06%. Projected monthly income is $372, up from $366 at the end of June.

Thursday, July 31, 2014

Dividend Increases, July 16-31, 2014

On the last day of July, the markets took a significant nosedive. The Dow shed more than 300 points and the S&P 500 tumbled nearly 2%. Argentina's second default in 12 years is being blamed, along with fears that yesterday's strong GDP numbers could move the Fed to start raising interest rates.

As dividend growth investors, days like today shouldn't bother us too much. Dividends are not affected by stock market volatility. In fact, lower prices mean greater opportunities to pick up bargains!

Saturday, July 26, 2014

Taking a Break

No, I'm not taking a break from DivGro. The title of this post is an encouragement to take a break; to enjoy life; to smell the roses...

We've just returned from a wonderful vacation in South Africa, where I hiked the Otter Trail with two of my sons. It was an amazing experience, despite some difficulty we experienced crossing the Bloukrans river. I took the photo to the left on the morning of the last day of our hike.

After our hike, one of my sons bungy-jumped off the Bloukrans bridge, the world's highest commercial bungy jumping site! We also had day visits to two national parks, Addo Elephant National Park and Kruger National Park. At Kruger, we were fortunate to see Africa's Big Five game animals in a single day, which is quite rare!

Tuesday, July 15, 2014

Dividend Increases, July 1-15, 2014

Twice monthly I report on dividend increases announced for stocks in my watch list, to see if any dividend increases have been announced for DivGro stocks. If so, I make yield on cost (YoC) and projected annual dividend income adjustments. Recently, one of the stocks I own (COP) announced a 5.8% dividend increase.

Another reason to monitor dividend increase announcements it to identify new candidates for purchase. When companies announce dividend increases, they show confidence in being able to pay increased dividends. Companies that make aggressive increases pique my interest and I usually take some time to research them.

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