Monday, June 2, 2014

Monthly Review: May 2014

In the month of May I added only one new stock to DivGro. The good news is that I had another good month as far as dividend income is concerned: I earned $330, compared with $126 earned in May 2013, an increase of 162%!


This month, I invested in PennyMac Mortgage Investment Trust (PMT), adding one more stock to DivGro's holdings in the Financials sector. With an impressive starting yield on cost of 11.27%, the purchase of PMT increased DivGro's projected monthly dividend income from $333 to $358. DivGro now has a market value of $98,339.

  • Purchases
  • Dividends
    • 2014-05-01: Return of Capital ETP:  $93.50
    • 2014-05-07: Return of Capital APU:  $105.60
    • 2014-05-09: Cash Dividend Receipt GD: $21.70
    • 2014-05-15: Cash Dividend Receipt VNR:  $37.80
    • 2014-05-22: Cash Dividend Receipt CAT:  $18.00
    • 2014-05-28: Cash Dividend Receipt TGH:  $35.25
    • 2014-05-30: Cash Dividend Receipt PRE:  $18.09
  • Deposits
    • 2014-05-30: JUNE Cash Deposit: $2,500

New Dividends and Dividend Increases:
  • The purchase of PMT added $283.20 of projected annual dividend income.
  • BAX's dividend increase added $4.44 of projected annual dividend income.
  • ACE's dividend increase added $1.92 of projected annual dividend income.
  • SDRL's dividend increase added $5.76 of projected annual dividend income.
  • Projected annual dividend income: $4,295.35

Dividend Summary:
  • Dividend income last month: $167.25
  • Dividend income this month: $329.94
  • Total dividend income year-to-date: $1,077.86

Apr 30, 2014
DOW: 16,580.84 S&P 500: 1,883.95 10-YR BOND: 2.65%
May 31, 2014
DOW: 16,717.17 S&P 500: 1,923.57 10-YR BOND: 2.46%

Portfolio: The following spreadsheet shows the state of DivGro on May 31, 2014:

Looking Ahead: I have enough funds for a single purchase, which would be the 31st stock purchase for DivGro. I'm still hoping to find a good candidate in the Materials sector. I'll be updating the Performance page with this month's information soon.

How did your portfolio do in May? 


  1. Hiya DivGro! Solid year-on-year change. I was wondering if you track annualized return instead of total return? Your cumulative return says 17%, but isn't that a little low if you're invested since January '13? Or am I missing something?

    1. Hi Dividend Dream -- thanks for stopping by...

      So, the 17% you see is what I call a "simple" return, which is simply the current market value divided by the total amount invested, expressed as a percentage. It is not a terribly useful performance measure, I know...

      A much better performance measure is the personal rate of return, which accounts for the amount AND timing of investments. As you'll note on my Performance page, DivGro's PRR at the end of May was 33.74%.

      Thanks for the comment/question!

  2. Excellent work on your tables and reviews as well as on building your portfolio. You own nice stocks out there. Good mix. Is your profit/loss in the table adjusted for received dividends or just capital appreciation without dividends? If without dividends, they are nice returns!
    Good luck on further investing!

    1. Thanks, Martin! The spreadsheet shows purely capital gains/losses in the profit/loss column. Read together with the Payback column, one can figure out the overall performance. For example, PNNT shows a 5.02% loss but has a 7.22% payback, so positive overall. Only 3 stocks are in negative territory, CHL, TGT, and MDP.

      I had a quick peek at your blog and portfolios. I'm slowly getting into writing options and will soon launch a new blog about that. I've been trading options for many years, mostly following the advice of newsletters. The blog would be about my own picks.

      Keep in touch!

  3. Congrats with a great month. A month where you almost tripled your dividend as compared to last year. That is just plain impressive.

    Keep up the great work!



    1. Thanks, DW!

      Yes, its great to see the dividend growth machine deliver. Looking at the red line, projected monthly dividend income more that tripled compared to last year.

      Take care!

  4. Great Month DivGro! Nice dividend income stream on a generally slow month for many. Your dividends are coming in quite nicely and the 4 recent dividend increase will only improve future payouts.

    By the way, I really like the right side of your chart showing the initial dividends, current dividends, and dividends received. Gives you a true perspective of your dividend growth. :)

    Keep it up! AFFJ

    1. Hi AFFJ!

      Yes, I'm quite happy with the dividend income this month as well as the year-on-year increase.

      Thanks for your comment about the spreadsheet showing dividend data. I really wanted a single spreadsheet that showed as much as possible, without using a font that is too small to read. I feel this one strikes a good balance.

  5. Congrats on the solid results DivGro. I'm hoping that by the end of next year i'll be around $300 a month, but until then i keep putting one foot forward. Thanks for the update.

    1. TheStockFox -- thanks for stopping by! Hang in there -- everyone starts small and grows their portfolios over time. The cool thing is, somewhere along the line you'll find that your portfolio is growing faster than you thought it would...

      Take care!


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