Saturday, October 31, 2015

Monthly Review: October 2015

I wrote my monthly review for September 2015 less than a week ago and here we have the October review already! I'm catching up with my blog admin, so hopefully I'll have some time for more interesting articles in the days and weeks to come...

As I mentioned in my Q3-2015 quarterly review, I have some big plans for the months ahead. I'm planning to sell some stocks I no longer believe should be in my portfolio and I'm planning to merge the holdings in my Scottrade account with my DivGro holdings. More on that later!

Dividend income in October was a little disappointing. One of my stocks, PennyMac Mortgage Investment Trust (NYSE:PMT), cut its dividend by 23%. I will probably sell my PMT shares in the coming week. Also, I no longer own shares of Baxter International Inc (NYSE:BAX), which would have paid a dividend in October.

Wednesday, October 28, 2015

Quarterly Review, Q3-2015

The third quarter of 2015 has been volatile, yet quite quiet for DivGro. The market correction in August saw the S&P 500 drop from its 52-week high of 2,135 down to 1,868 – or about 12.5%. As I write this article, the S&P 500 sits at 2,066, so much of the losses have been recovered.

For longterm investors, market corrections create opportunities to buy shares of great companies at deflated prices. While it feels weird to celebrate a market correction because your portfolio may show losses, those losses usually are temporary and certainly unrealized unless you sell.

For dividend income investors, the situation is rosier. As long as the fundamentals of your stocks do not change, market corrections have no impact on your dividend income. Dividends are paid per share, independent of the current share price. In fact, when prices drop, you could use dividend income or fresh capital to buy more shares at a discount.

Monday, October 26, 2015

17 Dividend Increases, October 19 To October 23, 2015

Includes: ATR • CASS • CCLP • DOW • ENLC • GLP • GRC • HUB-B • HEP • KMI • MSM • NGL • OKE • PB • SCL • TRGP • VFC

Summary

  • I track dividend increases for stocks in my watch list to identify candidates for further analysis and possible investment. 
  • For dividend growth investors, regular dividend increases are important. Companies that regularly increase their dividends show confidence in future earnings growth potential.
  • In the past week, 17 companies on my watch list announced dividend increases.

12 Dividend Increases, September 21 To October 16, 2015

Includes: CLC • CTAS • EV • GEL • IP • LMT • OGE • OHI • PAA • TOO • WEC • YUM

Summary

  • For dividend growth investors, regular dividend increases are important. Dividend increases that match or exceed the rate of inflation are preferred.
  • I track dividend increases for stocks in my watch list to identify candidates for further analysis and possible investment.
  • In the period, 12 companies on my watch list announced dividend increases.

Sunday, October 25, 2015

Monthly Review: September 2015

After spending 6 wonderful weeks with my parents, including an amazing cruise to Alaska on the Norwegian Jewel, I'm slowly catching up on my DivGro admin. Once again, my monthly review post is quite late – and less than a week away from needing to write another monthly review!

Compounding matters, I've been quite busy at work and things won't improve on that front until at least April Fool's day 2016! Fortunately, I love my work and wouldn't want to change what I'm doing at all! So, I'll just have to squeeze some time out of my leisure time to keep up with this blog!

Look for my Q3-2015 quarterly review in the next few days... first though, here's September's review.

Sunday, October 18, 2015

Recent Buy: Exxon Mobil


 Investor Relations

Sep 25, 2015: Bought 35 shares of XOM at $73.27 per share.

ExxonMobil Corp. (NYSE:XOM) is the world's largest publicly traded international oil and gas company. Founded in 1882 and based in Irving, TX, XOM is engaged in oil and natural gas exploration and production, petroleum products refining and marketing, chemicals manufacture, and other energy-related businesses. More than 80% of Exxon's earnings come from its operations outside the United States.

My buy price of $73.27 results in an initial yield on cost (YoC) of 3.99%.

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