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Tuesday, May 6, 2014

Monthly Review: April 2014

In April, I added 2 new stocks to DivGro and compiled a new watch list. The additions pushed DivGro's projected annual dividend income above $4,000! This means I'll be earning $4,000 every year in perpetuity, assuming I keep DivGro as is and dividends are not reduced.

According to Wikipedia, a perpetuity is an annuity that has no end, or a stream of cash payments that continues forever. That is exactly what DivGro is for me – a perpetuity.

Of course, I intend to continue adding stocks to DivGro, which will increase the stream of cash payments. Also, since DivGro is a portfolio of dividend growth stocks, I'm expecting the stream of cash payments to increase even if I did not add more stocks to DivGro.

This month, I invested in Digital Realty (DLR) and Seadrill Limited (SDRL) adding to DivGro's holdings in the Utilities and Consumer Discretionary sectors, respectively.

I still have only one holding in the Materials sector. I'll continue to look for an opportunity to add a holding in the Materials sector to DivGro, but only if I can find a good candidate at a reasonable discount.

DivGro now has a market value of $93,910 and a simple yield of 4.26%. I received a modest $167 in dividends in April, compared with no dividends received in April 2013. Projected monthly dividend income increased from $292 last month to $333 this month:

  • Purchases
  • Dividends
    • 2014-04-01: Cash Dividend Receipt PNNT:  $60.20
    • 2014-04-01: Cash Dividend Receipt BAX:  $18.30
    • 2014-04-10: Cash Dividend Receipt MO:  $36.00
    • 2014-04-14: Cash Dividend Receipt VNR:  $37.80
    • 2014-04-17: Cash Dividend Receipt ACE:  $15.12
  • Deposits
    • 2014-03-31: MAY Cash Deposit: $2,500

New Dividends and Dividend Increases:
  • The purchase of DLR added $159.36 of projected annual dividend income.
  • The purchase of SDRL added $282.24 of projected annual dividend income.
  • TRV's dividend increase added $5.80 of projected annual dividend income.
  • XOM's dividend increase added $7.20 of projected annual dividend income.
  • CVX's dividend increase added $7.00 of projected annual dividend income.
  • JNJ's dividend increase added $4.80 of projected annual dividend income.
  • APU's distribution increase added $19.20 of projected annual dividend income.
  • ETPs's distribution increase added $6.00 of projected annual dividend income.
  • Projected annual dividend income: $4,000.03

Dividend Summary:
  • Dividend income last month: $358.97
  • Dividend income this month: $167.25
  • Total dividend income year-to-date: $747.92

Mar 31, 2014
DOW: 16,457.66 S&P 500: 1,872.34 10-YR BOND: 2.72%
Apr 30, 2014
DOW: 16,580.84 S&P 500: 1,883.95 10-YR BOND: 2.65%

Portfolio: The following spreadsheet shows the state of DivGro on April 30, 2014:

Looking Ahead: I have enough funds for a single purchase, which would be the 30th stock purchase for DivGro. I'm hoping to find a good candidate in the Materials sector, since I only have one Materials sector holding in DivGro. I've updated the Performance page with this month's information.

Thanks for reading! How did you do in April? As far as dividends income goes, was April a quieter month for you, too?


  1. love the first graph and the direction it is heading. Great work.

    1. Thanks, FFdividend! Yeah, I like the looks of that graph, too. The dividends received stacks vary a lot, but one can sense the growth taking place and, of course, see it in the projected annual dividend income curve.


  2. I agree with FFdividend, that graph is cool. SDRL has some high projected growth but their debt load concerns me a little. I ended up going with ESV in the drilling space. I think both companies could do well in the long run though. Nice work.

    1. Thanks, AAI! Yes, SDRL is probably my riskiest investment in DivGro so far. It could come back to bite me. However, it represents only 2.7% of DivGro right now, a number that will continue to decrease as I add more holdings over the next few months.

  3. Way to go...$4K in projected annual dividends it a great accomplishment. Continue to celebrate every milestone as it will only motivate you to reach the next! Btw, I like your section on New Dividends and Dividend Increases...looks like you got a few raises this past month.

    1. Compared with my goal of reaching $4,800 in projected annual dividend income by the end of 2014, I'm in good shape. The other major goal of earning $3,600 in dividend income, is still far away! At $748 I'm at 21%, with 33% of the time gone...

      The raises were nice this month -- 3 of 6 were greater than 7%!

      Thanks for stopping by, and take care.


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