Saturday, March 30, 2013

Monthly Review, March 2013

The first quarter of DivGro has come to an end!  I'd like to post a quarterly review, but I'll need some time to develop a reasonable format before doing so, as this would be my first quarterly review. It will most likely be several weeks before I post it, especially since we're in tax season and I have yet to complete my taxes!

Including this post, I've written only four posts in March. It was a rather busy month for me at work, and without cash on hand in DivGro I had little incentive to research new candidates. Besides, the market is at an all time high, so finding great value is much more challenging! I did start a new series in which I'll be tracking dividend increases for stocks in mwatch list.

In March, I purchased General Dynamics Corporation (GD). The purchase increased my diversification into the Capital Goods sector and gives me dividend income in the months of January, April, July and October.

At the end of March, my portfolio contained 5 stocks and had a market value of $16,736.95, which represents an overall gain of $736.95, or 4.61%. This is up 2.17% from last month. For comparison, the S&P 500 gained 3.60% in March.

  • 2013-03-01: Cash Dividend INTC: $27.00
  • 2013-03-01: BUY 35 GD @ $67.52 ($71.40 Annual Income)
  • 2013-03-11: Cash Dividend CVX: $22.50
  • 2013-03-28: APR Cash Deposit: $1,000
New Dividends/Dividend Increases:
  • The purchase of GD increased expected dividend income for 2013 by $53.55
  • In March, GD increased its annual dividend by 9.8% from $2.04 to $2.24, adding $5.25 for 2013; annual dividend income for GD now is $78.40
  • Total expected dividend income for 2013 is $721.09
  • Forward 12-month projected dividend income is $740.69
Dividends Received:
  • INTC: $0.225/share x 120 shares = $27.00
  • CVX: $0.90/share x 25 shares = $22.50
  • Year-to-date: $138.88 of $721.09 (19.26%)
Feb 28, 2013
DOW: 14,054.49 S&P 500: 1,514.68 10-YR BOND: 1.89%
Mar 31, 2013
DOW: 14,578.54 S&P 500: 1,569.19 10-YR BOND: 1.85%

Portfolio: Here is a spreadsheet showing DivGro's current holdings:
Yields: The following spreadsheet presents the current yield on cost for my stocks and the cumulative dividends received:
Looking Ahead: NTT should pay their semi-annual dividend of $0.49 soon. I don't have sufficient cash on hand to buy new stocks right now (I prefer to make purchases of at least $2,500 per order to reduce the relative impact of commissions). In April, I'll post my first quarterly report of DivGro and report on any dividend increases for stocks in my watch list. Also, a post is on the way about a nice windfall for DivGro, after a 2-year CD of mine matured and I declined to have it be continued. I'm going to transfer the funds to DivGro!


  1. Solid month there. I almost bought GD recently but it spiked upward a little bit. I'd be interested around the price you paid. I'm expecting a dividend boost from CVX some time in April.


    1. After slowly climbing in March, there was a brief opportunity on April 2 to pick up shares of GD near the price I paid, but, alas, it quickly recovered.

      A dividend boost from CVX would be great! CVX has also climbed a lot since I bought it. The market is making it tough to find good value!


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