With the fourth quarter of DivGro behind us, its time again to look at the portfolio's performance.
During this past quarter, I've contributed capital funds in the amount of $24,500 to DivGro, including two bonus deposits of $10,000 each. Dividend income in Q4 totaled $586.74, up from $385.89 received in Q3. This is the third consecutive quarterly dividend increase for DivGro.
I purchased shares in nine new dividend growth stocks, adding $1,085.31 to DivGros's projected annual dividend income, which now totals $2,864.94.
|Oct 1, 2013||
|Dec 31, 2013||
In the quarter ending December 2013, the Dow Jones Industrial Average increased 9.56% and the S&P 500 increased 9.92%. In comparison, DivGro's value increased by 35.83% (when measured by internal rate of return (IRR) for Q4, while accounting for dividends). That is a phenomenal return!
At the end of Q4, DivGro's value of $75,145 represented a simple return of 13% on $66,500 invested. Of course, the simple return does not take into account the timing and size of cash deposits as IRR does. I'll report on DivGro's IRR in my first annual review of DivGro, which I hope to write this weekend.
Here is a spreadsheet summarizing DivGro's performance for Q4-2013:
- ETP increased its distribution from 89.38¢ to 90.50¢ per unit, an increase of 1.26%. This increase adds a modest $4.50 to DivGro's projected annual dividend income. Yield on Cost (YoC) of ETP is now 7.63%.
- NTT's first semi-annual dividend decreased from 43.94¢ to 40.93¢ per share. This effectively reduces DivGro's projected annual dividend income by $11.03. YoC for NTT is now 3.54%.
- AFL's dividend increase of 5.71% raises DivGro's projected annual dividend income by $4. YoC is now 2.96%.
- MSFT increased its quarterly dividend from 23¢ to 28¢ per share, an increase of nearly 22%. The increase adds $16 to projected annual dividend income. YoC is now 3.53%.
- Total for Q4 of 2013: $586.74 (up from $385.89 for Q3 of 2013)
- Total year-to-date: $1,346.85