Monthly Review, October 2013

October was my most productive month so far for DivGro. I wrote 10 posts, including a milestones post, a bonus deposit post, and a quarterly review post. I added two stocks, ExxonMobil Corp. (XOM) and China Petroleum & Chemical Corp. (SNP), and a publicly traded LLC, Vanguard Natural Resources (VNR). These acquisitions (and a dividend increase from MicroSoft Corp.) increased DivGro's projected annual dividend income to $2,415, up from $1,766 in September.

With a market value of $58,105, DivGro's projected annual dividend income of $2,415 averages to a yield of 4.16%. The increase from September's average of 3.85% is due to the excellent yields offered by SNP and VNR.

I've earned dividend income of $196.96 in October, for a total of $957.07 this year.

Here's an updated chart showing the growth of projected monthly dividend income since January 2013. The growth comes from dividend increases and from new dividend paying stocks being added to DivGro. For October, the projected monthly dividend income is $201, up from $147 last month. I'll continue to invest dividend income along with regular monthly deposits of $1,000.

Transactions:

• Purchases
• 2013-10-10: BUY 30 XOM @ $85.18
• 2013-10-18: BUY 31 SNP @ $80.61
• 2013-10-21: BUY 180 VNR @ $28.17
• Dividends
• 2013-10-01: Cash Dividend Receipt PNNT:  $60.20
• 2013-10-10: Cash Dividend Receipt CHL:  $46.26
• 2013-10-31: Return of Capital ETP:  $90.50
• Deposits
• 2013-10-16: Bonus Cash Deposit: $10,000
• 2013-10-29: NOV Cash Deposit: $1,000

New Dividends and Dividend Increases:

• The purchase of XOM added $75.60 of projected annual dividend income.
• The purchase of SNP added $108.97 of projected annual dividend income.
• The purchase of VNR added $448.20 of projected annual dividend income.
• MSFT's dividend increase added $16.00 of projected annual dividend income.
• Projected annual dividend income: $2,414.94

Dividend Summary:

• Dividend income last month: $179.36
• Dividend income this month: $196.96
• Total dividend income year-to-date: $957.07

Markets:

Sep 30, 2013	DOW: 15,129.67 S&P 500: 1,681.55 10-YR BOND: 2.62%
Oct 31, 2013	DOW: 15,545.75 S&P 500: 1,756.54 10-YR BOND: 2.54%

Portfolio: The following spreadsheet shows DivGro's current holdings:
Yields: The following spreadsheet shows current yield on cost and cumulative dividends received:
Looking Ahead: Cash on hand is $3,785. If I can find an attractively valued stock, I can purchase one new dividend growth stock in October. Note that I'm still expanding the number of holdings in DivGro rather than adding to existing holdings and that I prefer to allocate about $2,500 to new buys. Look for a post in December on changing my selection criterium that P/E < 16 (see my selection criteria).

Thanks for reading! Feel free to post a comment or question below and I'll try respond as fast as possible...