Quarterly Review, Q3-2013

The third quarter of DivGro has ended and its time again to look at the portfolio's performance.

In Q3, I contributed $3,000 in capital funds to DivGro. Dividend income for the quarter was $385.89, up from $235.34 received in Q2. This is the second consecutive quarterly increase in dividend income.

I purchased shares in five new dividend growth stocks, adding $617.38 to DivGro's projected annual dividend income, which now totals $1,766.19.

On September 30, the market value of DivGro was $46,020.17. This represents a simple profit of 9.57% and an annualized personal rate of return (PRR) of 21.06%.

Markets:

Jul 1, 2013	DOW: 15,053.59 S&P 500: 1,623.28 10-YR BOND: 2.48%
Sep 30, 2013	DOW: 15,129.67 S&P 500: 1,681.55 10-YR BOND: 2.62%

In the quarter ending September 2013, the Dow Jones Industrial Average increased 0.51% and the S&P 500 increased 3.59%. In comparison, DivGro's value increased by 11.92% (when measured by PRR for the third quarter).

Here is a spreadsheet summarizing DivGro's performance for Q3-2013:
Dividend Adjustments:

• NTT pays semi-annual dividends. The company decreased its first semi-annual dividend (payable in March) from 43.94¢ to 40.93¢ per share. Effectively, the decrease is from 92.47¢ to 89.46¢ per share, or -3.26%. The decrease reduces DivGro's projected annual dividend income by $3.11. Yield on Cost for NTT is now 3.99%.
• COP increased its quarterly dividend from 66¢ to 69¢ per share, or 4.54%. This increase adds $4.56 to DivGro's projected annual dividend income. Yield on Cost for COP is now 4.26%.
• TGH increased its quarterly dividend from 46¢ to 47¢, adding $3.00 to DivGro's projected annual dividend income. Yield on cost for TGH is now 5.53%.
• BBL pays semi-annual dividends. The company increased its second semi-annual dividend (payable in September) from $1.14 to $1.18 per share. The new annual dividend of $2.32 represents a yield on cost for BBL of 3.97%. The increase adds $1.72 to DivGro's projected annual dividend income.
• CHL pays semi-annual dividends. It recently increased its second semi-annual dividend (payable in September) from 94.74¢ to 98.4¢ per share. The new annual dividend is $2.02. The increase adds $1.72 to DivGro's projected annual dividend income. Yield on cost for CHL is now 3.78%.

Dividends Received:

• 2013-07-03: Cash Dividend Receipt NTT:  $45.02
• 2013-08-01: Return of Capital ETP:  $89.38
• 2013-08-09: Cash Dividend Receipt GD:  $19.60
• 2013-08-27: Cash Dividend Receipt TGH:  $35.25
• 2013-08-30: Cash Dividend Receipt PRE:  $17.28
• 2013-09-03: Cash Dividend Receipt AFL:  $17.50
• 2013-09-03: Cash Dividend Receipt COP:  $26.22
• 2013-09-03: Cash Dividend Receipt INTC:  $27.00
• 2013-09-10: Cash Dividend Receipt CVX:  $25.00
• 2013-09-12: Cash Dividend Receipt MSFT:  $18.40
• 2013-09-25: Cash Dividend Receipt BBL:  $50.74
• 2013-09-30: Cash Dividend Receipt TRV:  $14.50
• Total for Q3 of 2013: $385.89 (up from $235.34 for Q2 of 2013)
• Total year-to-date: $760.11

Outlook For Q4-2013: As this post is my 52^nd since January, I've reached one of my goals for 2013, namely to average one blog post per week. My only remaining goal is to exceed the performance of the S&P 500 in total returns. As of Sep 30, 2013, the S&P 500 is up 14.98% year-to-date. In comparison, DivGro's annualized PRR is 21.06%. So far, so good! I'm looking forward to reporting on DivGro's fourth quarter results and, hopefully, that I've outperformed the S&P 500...