Tuesday, July 14, 2020

Dividend Changes: July 4-10, 2020


This weekly article series covers dividend changes, including dividend increases and dividend cuts or suspensions.

A summary table provides relevant data and key statistics of dividend increases.

We include a table of ex-dividend dates for the next two weeks and we highlight an interesting candidate.

We now monitor dividend change announcements for stocks listed in Dividend Radar, a weekly auto-generated spreadsheet of stocks with dividend streaks of five years or more. Dividend Radar provides up-to-date fundamentals and added value data, including total trailing returns, a fair value indicator, and trailing dividend growth rates.

Sunday, July 12, 2020

Monthly Review Of DivGro: June 2020

Once a month, I review my portfolio of dividend growth [DG] stocks, DivGro. I present details of any buys or sells, and I provide a summary of dividends collected. Additionally, I look at how the month's activities have impacted DivGro's projected annual dividend income (PADI).

In June, I opened one new position and added shares to eight existing positions. Five DivGro stocks announced dividend increases in June, but I also suffered a dividend cut. The net result of these changes is that PADI increased by about 6.0% in June. Year over year, PADI increased by about 27%.

As for dividend income, in June I received dividends totaling $4,000 from 46 stocks in my portfolio, a year over year increase of 13%. So far in 2020, I've collected $14,112 in dividends or about 52% of my 2020 goal of $27,000.

Tuesday, July 7, 2020

Dividend Changes: June 27-27, 2020

This article series provides a weekly summary of dividend changes, including dividend increases and dividend cuts or suspensions.

We include a summary table that provides relevant data and key statistics of dividend increases. We also include a table of ex-dividend dates for the next two weeks and highlight an interesting candidate for your consideration.

We now monitor dividend change announcements for stocks listed in Dividend Radar, a weekly auto-generated spreadsheet of stocks with dividend streaks of five years or more. Dividend Radar provides up-to-date fundamentals and added value data, including total trailing returns, a fair value indicator, and trailing dividend growth rates.

Sunday, July 5, 2020

Spotlight on James Marino Jr of Portfolio Insight

I now use Dividend Radar as my main watchlist of dividend growth stocks. A weekly auto-generated spreadsheet of stocks with dividend streaks of five years or more, Dividend Radar provides up-to-date fundamentals and added value data, including total trailing returns, a fair value indicator, and trailing dividend growth rates.

I'm collaborating with James Marino Sr and James Marino Jr of Portfolio Insight to produce and maintain Dividend Radar, a free resource for dividend growth investors!

A few weeks ago, I published a spotlight article on James Marino Sr. In this article, I'm shining the spotlight on James Marino Jr. We both have backgrounds in computer programming but, as you will learn from the article, Jim Jr took a very different route than I did... and while I no longer write programs for a living, I enjoy chatting with Jim Jr about what he does for a living!

Friday, July 3, 2020

The Top-Ranked Dividend Growth Stocks In The Health Care Sector

Continuing with my new series of ranking dividend growth stocks in each of the GICS sectors, this article takes a look at the Health Care Sector. To rank dividend growth stocks, I sort them by decreasing quality scores as determined by DVK Quality Snapshots. Then I provide quality indicators, key metrics, and fair value estimates for the top-10 ranked dividend growth stocks in the Health Care sector.

This article series stems from a suggestion by a reader, who commented on an article I wrote that presented the three top-ranked dividend growth stocks in each of the GICS sectors. I previously covered the Industrials and Consumer Staples sectors.

Tuesday, June 30, 2020

Dividend Changes: June 20-26, 2020

In this article series, we provide a weekly summary of dividend increases, suspensions, and cuts. A summary table provides relevant data and key statistics for dividend increases.

We also include a table of ex-dividend dates for the next two weeks and we highlight an interesting candidate for your consideration.

We now monitor dividend change announcements for stocks listed in Dividend Radar, a weekly auto-generated spreadsheet of stocks with dividend streaks of five years or more. Dividend Radar provides up-to-date fundamentals and added value data, including total trailing returns, a fair value indicator, and trailing dividend growth rates.

Monday, June 29, 2020

10 Dividend Growth Stocks For June 2020

In my monthly series of 10 Dividend Growth Stocks, I rank a selection of dividend growth stocks in Dividend Radar and present the 10 top-ranked stocks for consideration.

To rank stocks, I use DVK Quality Snapshots to obtain quality scores and break ties by considering additional metrics.

This month, I'm presenting stocks yielding at least 3% that are trading below fair value.

Thursday, June 25, 2020

Top Holdings Of Dividend ETFs (Part 3: Hidden Gems In June 2020)

Part 1 of this article presented the top 50 holdings of 47 dividend-paying ETFs, ranked by using a proportional scoring system that favors larger investments and larger ETFs. Part 2 presented the top 7 stocks in each GICS sector, providing investors who want to diversify their portfolio with potential candidates to consider.

In Part 3, I'm showcasing high-quality stocks not ranked in the top 50. These are hidden gems that contrarian investors may find interesting, who seek investment opportunities outside the prevailing sentiment of the time.

Tuesday, June 23, 2020

Dividend Changes: June 13-19, 2020

This weekly article series covers dividend changes. A summary table provides relevant data and key statistics of dividend increases.
The article includes a section listing dividend cuts and suspensions. It also includes a table of ex-dividend dates for the next two weeks and highlights an interesting candidate for your consideration.

We now monitor dividend change announcements for stocks listed in Dividend Radar, a weekly auto-generated spreadsheet of stocks with dividend streaks of five years or more. Dividend Radar provides up-to-date fundamentals and added value data, including total trailing returns, a fair value indicator, and trailing dividend growth rates.

Saturday, June 20, 2020

Expired Options (June 2020)

After options expiration day, I like to post an article to summarize expirations and any actions I took prior to the expiration day. I also like to present potential replacement trades for the expired options.

I had several options that expired on Friday, 19 June. Most were deep out of the money, meaning I didn't really need to take any protective actions to avoid assignment.

As usual, I'll report on my other options trades in an upcoming article.

Top Holdings Of Dividend ETFs (Part 2: The Top 7 By Sector In June 2020)

In Part 1 of this article, I presented the top 50 holdings of dividend ETFs, ranked by using a proportional scoring system that favors larger investments and larger ETFs.

The top-ranked stock in June 2020 is Apple (AAPL), followed by Microsoft (MSFT) and Verizon Communications (VZ).

The top holdings are not distributed evenly among the 11 GICS sectors. For example, the Information Technology sector has 11 representatives in the top 50 holdings, whereas the Materials sector has none. For investors looking to build a diversified portfolio, an uneven distribution is not very helpful. That's why I'm showcasing the top seven stocks in each GICS sector in Part 2 of this article, regardless of ranking.

Tuesday, June 16, 2020

Top Holdings Of Dividend ETFs (Part 1: The Top 50 In June 2020)

Compiling a list of the top holdings of Dividend ETFs is insightful. It helps me to identify candidates for further analysis and possible investment.

When I compare my portfolio to the top holdings of Dividend ETFs, I first notice stocks I don't (yet) own. Perhaps I've considered them before and decided not to invest at the time, or perhaps I've never even taken a detailed look. Invariably, I ask the question: if these stocks are so popular, why don't I own them?

The compilation is interesting in another way, too. The top holdings are not distributed evenly among the 11 GICS sectors. For example, the Information Technology sector has 11 representatives in the top 50 holdings, whereas the Materials sector has none. For investors looking to build a diversified portfolio, an uneven distribution is not very helpful. That's why I'll present the top 7 stocks in each GICS sector in Part 2 of this article, regardless of ranking.

In Part 3, I'll showcase high-quality stocks not covered in Part 1 and Part 2 of this article. I consider such stocks to be hidden gems. They may be of interest to contrarian investors who seek investment opportunities outside the prevailing sentiment of the time.

Monday, June 15, 2020

Dividend Changes: June 6-12, 2020

This article series provides a weekly summary of dividend changes. We provide a summary table of relevant data and key statistics of dividend increases and list dividend cuts and suspensions.

We also provide a table of ex-dividend dates for the next two weeks and highlight an interesting candidate for your consideration.

We now monitor dividend change announcements for stocks listed in Dividend Radar, a weekly auto-generated spreadsheet of stocks with dividend streaks of five years or more. Dividend Radar provides up-to-date fundamentals and added value data, including total trailing returns, a fair value indicator, and trailing dividend growth rates.

Saturday, June 13, 2020

Options Update: May 2020

Welcome to another edition of Options Update, a monthly article series in which I summarize options trades and keep track of DivGro's options income.

My options activity has quieted down significantly since the Covid-19 pandemic struck, and May was no exception. It is not that there are fewer opportunities; rather, I've been working from home and consumed with other activities that have kept me away from my usual routine. We'll see how it goes in the next month or so!

I've dug myself into a hole and it remains highly unlikely that I will achieve my 2020 goal of collecting at least $24,000 in options income.

Thursday, June 11, 2020

Home Run Number 20

Ten months ago I celebrated my 19th home run, a designation I give to stocks in my portfolio that crosses the 100% mark in total returns.

My last home run was Xcel Energy (XEL), a Dividend Contender with a streak of 17 consecutive years of higher dividend payments.

Given the current market conditions, it is perhaps surprising to report a new home run stock. But the stock that doubled my initial investment is one that has done particularly well and even strengthened its position during the pandemic.

This article presents my 20th home run stock, a list of previous home runs, and shortlist of home run contenders.

Wednesday, June 10, 2020

Dividend Changes: May 30-June 5, 2020


This article series provides a weekly summary of dividend increases, cuts, and suspensions. We provide a summary table of relevant data and key statistics of dividend increases. We also list dividend cuts and suspensions.

The article concludes with a table of ex-dividend dates for the next two weeks and we highlight an interesting candidate.

I now monitor dividend change announcements for stocks listed in Dividend Radar, a weekly auto-generated spreadsheet of stocks with dividend streaks of five years or more. Dividend Radar provides up-to-date fundamentals and added value data, including total trailing returns, a fair value indicator, and trailing dividend growth rates.

Monday, June 8, 2020

Monthly Review Of DivGro: May 2020

Every month, I write a review of my portfolio of dividend growth stocks, DivGro. I present details of any buys or sells, and I provide a summary of dividends collected. I also consider the impact on DivGro's projected annual dividend income (PADI).

In May, I opened one new position and added shares to three existing positions. Four DivGro stocks announced dividend increases in May. Unfortunately, the pandemic finally impacted my portfolio, as three stocks suspended their dividends and one of my closed-end funds cut its distribution. The net result of these changes is that PADI decreased by about 1.6% in May. Year over year, PADI increased by 12.8%.

As for dividend income, in May I received dividends totaling $1,536 from 20 stocks in my portfolio, a year over year decrease of 7%. So far in 2020, I've collected $10,112 in dividends or about 37% of my 2020 goal of $27,000.

Friday, June 5, 2020

The Top-Ranked Dividend Growth Stocks In The Consumer Staples Sector

While the stock market has recovered much of the losses suffered in late February and March, the economic impact of the COVID-19 pandemic remains significant. Nearly 40 million Americans have filed unemployment claims in April and May, and GDP numbers will soon show the largest contraction since the Great Depression. In my view, it is crucial for dividend growth investors to focus on quality even more than before!

In April, I presented the three top-ranked dividend growth stocks in each of the GICS sectors. Following a reader's suggestion, I decided to start a new series of articles ranking dividend growth stocks in each GICS sector by quality score. The first article presented the top-ranked Industrials.

This article presents the ten top-ranked dividend growth stocks in the Consumer Staples sector.

Wednesday, June 3, 2020

Spotlight on James Marino Sr of Portfolio Insight

Regular readers may have noticed that I now use Dividend Radar, a weekly auto-generated spreadsheet of stocks with dividend streaks of five years or more. Dividend Radar provides up-to-date fundamentals and added value data, including total trailing returns, a fair value indicator, and trailing dividend growth rates.

I'm collaborating with James Marino Sr and James Marino Jr of Portfolio Insight to produce and maintain Dividend Radar, a free resource for dividend growth investors!

In this article, I'm shining the spotlight on James Marino Sr. We share a passion for do-it-yourself dividend growth investing and co-authored a Seeking Alpha article to introduce Dividend Radar.

Tuesday, June 2, 2020

Dividend Changes: May 23-29, 2020

This article series provides a weekly summary of dividend changes.
We provide a summary table of relevant data and key statistics of dividend increases. We also list dividend cuts and suspensions.

The article concludes with a table of ex-dividend dates for the next two weeks and we highlight some interesting candidates.

I now monitor dividend change announcements for stocks listed in Dividend Radar, a weekly auto-generated spreadsheet of stocks with dividend streaks of five years or more. Dividend Radar provides up-to-date fundamentals and added value data, including total trailing returns, a fair value indicator, and trailing dividend growth rates.

Sunday, May 31, 2020

2,707 Days

Yesterday, 30 May 2020, marked 2,707 days since I started my DivGro journey! 2,707 days is seven years and 151 days.

But those are not the numbers this short post will focus on. Rather, I want to celebrate the milestone of reaching two million page views! 

I wrote about crossing one million page views in December 2017, after blogging for about 1,800 days. That was article #585 and I averaged 555 page views per day at the time. This is article #953 and I'm now averaging about 738 page views per day since DivGro's inception.

Saturday, May 30, 2020

10 Dividend Growth Stocks For May 2020

In my monthly series of 10 Dividend Growth Stocks, I rank a selection of dividend growth stocks in Dividend Radar and present the 10 top-ranked stocks for consideration.

To rank stocks, I use DVK Quality Snapshots to obtain quality scores and break ties by considering additional metrics.

This month, I'm presenting high-quality stocks with favorable Chowder numbers trading below fair value.

Thursday, May 28, 2020

Covid-19 Cuts

The stock market somewhat recovered from the carnage it experienced in late February and March. After the S&P 500 closed at a record high of 3,386.15 on 19 February 2020, the index dropped as low as 2,191.86 (about 35%) before making its comeback. Today, the S&P 500 is trading above 3,000 again!

While my DivGro portfolio also recovered nicely, I've suffered some dividend cuts and suspensions in May.

Walt Disney (DIS) decided to forgo its first semi-annual dividend payment and one of my funds, Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (ETO), cut its distribution by 21%. Unfortunately, two more DivGro holdings announced suspensions of their dividends last week.

In this article, I will share my current thinking about these cuts and suspensions and the actions I'm likely to take.

Wednesday, May 27, 2020

Dividend Changes: May 16-22, 2020

This weekly article series provides a summary of dividend increases, cuts, and suspensions.

I monitor dividend change announcements for stocks listed in Dividend Radar, a weekly auto-generated spreadsheet of stocks with dividend streaks of five years or more.

Dividend Radar provides up-to-date fundamentals and added value data, including total trailing returns, a fair value indicator, and trailing dividend growth rates.

A summary table provides relevant data and key statistics of dividend increases. We also list dividend cuts and suspensions and provide a table of ex-dividend dates for the next two weeks.

Monday, May 25, 2020

Options Update: March and April 2020

I somehow missed writing an Options Update article in March, so this one covers options trades I executed in the past two months.

The novel coronavirus (Covid-19) continues to challenge us and the economy is taking a massive beating. Volatility remains high but has actually decreased since March.

It remains highly unlikely that I will achieve my 2020 goal to collect at least $24,000 in options income. I'm in a hole at this point, meaning I'd have to collect more than $24,000 in about eight months to achieve my options income goal...

Monday, May 18, 2020

Dividend Changes: May 9-15 2020

This weekly article series provides a summary of dividend changes.

I monitor dividend change announcements for stocks listed in Dividend Radar, a weekly auto-generated spreadsheet of stocks with dividend streaks of five years or more.

Dividend Radar provides up-to-date fundamentals and added value data, including total trailing returns, a fair value indicator, and trailing dividend growth rates.

A summary table provides relevant data and key metrics of companies that announced dividend increases. A section on recent dividend cuts and suspensions also is included.

Saturday, May 16, 2020

A New Dividend Champions, Contenders, and Challengers list with Actionable Added Value Metrics

This article was co-produced with James Marino Sr of Portfolio Insight.

Dividend Radar is an automatically generated version of Dividend Champions, Contenders, and Challengers. We use a rules-based and automated system to create and maintain the list using verified, broker-grade data. The approach ensures greater accuracy and consistency than otherwise would be possible. Moreover, a comprehensive and up-to-date list can be generated more frequently, bringing significant benefits to active dividend investors.

Our plan is to publish weekly on Friday as a free resource for dividend investors.

Wednesday, May 13, 2020

Dividend Increases: May 2-8, 2020

This weekly article series covers dividend increase announcements.

I monitor dividend increases for stocks in the Dividend Champions List [CCC list] and provide a summary for my readers. As a bonus, the article includes ex-dividend dates for the next two weeks.

Last week, 14 companies in the CCC list announced dividend increases, including one of the stocks I hold in my portfolio. Only one announced increase topped 10%.

Following requests from readers, I've added a section covering COVID-19-related Dividend Cuts and Suspensions.

Sunday, May 10, 2020

Monthly Review Of DivGro: April 2020

Welcome to the monthly review of DivGro, my portfolio of dividend growth stocks. I provide a summary of transactions and dividends received in the past month. I also consider the impact on DivGro's projected annual dividend income (PADI).

In April, six DivGro stocks announced dividend increases. Additionally, United Technologies and Raytheon merged to form Raytheon Technologies (RTX), and the new company declared its first dividend. I was happy to see that my dividend payment increased as a result of this merger! The net result of these changes is that my PADI increased by about 0.1% in April. Year over year, PADI increased by 16.9%.

As for dividend income, in April I received dividends totaling $1,563 from 23 stocks in my portfolio, a year over year increase of 35%. So far in 2020, I've collected $8,576 in dividends or about 32% of my 2020 goal of $27,000.

Wednesday, May 6, 2020

Dividend Increases: April 25-May 1, 2020

In this article series, I provide a weekly summary of dividend increases.

I monitor dividend increases for stocks in the Dividend Champions List [CCC list] and provide a summary for my readers. As a bonus, the article includes ex-dividend dates for the next two weeks.

Following requests from readers, I've added a section covering COVID-19-related Dividend Cuts and Suspensions.

Last week, eight companies in the CCC list announced dividend increases, including two of the stocks I hold in my portfolio. Two announced increases topped 10%.

Monday, May 4, 2020

The Top-Ranked Dividend Growth Stocks In The Industrials Sector

The COVID-19 pandemic has ended the 11-year bull market and initiated a global recession. For dividend growth investors, the landscape is significantly different than just a few months ago. In my view, it is crucial to focus on quality even more than before. And an extra dose of risk assessment wouldn't hurt, either!

recent article presented the three top-ranked dividend growth stocks in each of the GICS sectors. Following a suggestion by a reader, I've decided to start a new series of articles ranking dividend growth stocks in each GICS sector by quality score.

This article presents the ten top-ranked dividend growth stocks in the Industrials sector. For each stock, I provide quality indicators, key metrics, and fair value estimates. To rank dividend growth stocks, I sort them by decreasing quality scores as determined by DVK Quality Snapshots.

Wednesday, April 29, 2020

Dividend Increases: April 18-24, 2020

This article series covers dividend increase announcements. I monitor dividend increases for stocks in the Dividend Champions List [CCC list] and provide a summary for my readers.

Last week, ten companies in the CCC list announced dividend increases, including one of the stocks I hold in my portfolio.

Unsurprisingly, not a single company announced a double-digit percentage increase!

Following requests from readers, I've added a section covering Covid-19 related Dividend Cuts and Suspensions.

Tuesday, April 21, 2020

Dividend Increases: April 4-17, 2020

This article series covers dividend increase announcements. I monitor dividend increases for stocks in the Dividend Champions List [CCC list] and provide a summary for my readers.

In the past two weeks, eight companies in the CCC list announced dividend increases.

None of the companies announced double-digit percentage increases, perhaps not surprising given the uncertainty in the markets due to the COVID-19 pandemic.

Saturday, April 18, 2020

Quarterly Review of DivGro: Q1 2020

Welcome to the 29th quarterly review of DivGro, my portfolio of dividend growth stocks.

In quarterly reviews, I summarize the transactions executed in the past quarter and provide a summary of dividend income and dividend changes. Moreover, I include charts showing various portfolio statistics. The reviews are mostly informational and help to track progress over time.

DivGro generated more than $6,550 of dividend income this quarter and I'm projecting dividend income of at least $7,610 per quarter going forward.

Monday, April 13, 2020

The Top-Ranked Dividend Growth Stocks By Sector

The COVID-19 pandemic has ended the 11-year bull market and stock prices have dropped precipitously. These are troubling times, but Trouble is Opportunity. Many high-quality dividend growth stocks that traded at premium valuations just two months ago are available at discounts now!

This article presents the three top-ranked dividend growth stocks in each of the GICS sectors. For each stock, I provide quality indicators, key metrics, and fair value estimates. I also provide charts showing how each of these stocks performed since 19 February when the S&P 500 closed at an all-time high of 3,386.15.

I consider dividend growth stocks to be stocks with increasing dividend payouts in each of the past five years. The Dividend Champions list covers such stocks listed on U.S. exchanges.

Friday, April 10, 2020

I Now Own Raytheon Technologies

On Monday, 30 March 2020, Raytheon (RTN) and United Technologies (UTX) announced that they've received the necessary regulatory approvals for their all-stock merger of equals.

The merger closed prior to the opening of trading on Friday, 3 April 2020, and United Technologies was renamed Raytheon Technologies (RTX).

The last full day of trading in the shares of RTN was Thursday, 2 April 2020, after which each share of RTN was converted into 2.3348 RTX shares. The first day of trading for RTX shares was Friday, 3 April 2020.

This article provides a summary of the conversion and details of my first RTX trade.

Thursday, April 9, 2020

Summary Of Dividend Increases In Q1 2020

In this article, I summarize the dividend increases announced in the first quarter of 2020 (Q1 2020), as covered in my weekly Dividend Increases article series. In these articles, I cover dividend increases announced for dividend growth stocks in the Dividend Champions List [CCC list].

In preparing for this article, I excluded dividend increases of stocks not in the latest available CCC list (dated 03/31/19). I covered dividend increases announced by 266 companies in Q1 2020.

Wednesday, April 8, 2020

Monthly Review Of DivGro: March 2020

Once a month, I review my portfolio of dividend growth stocks, DivGro. I present details of any buys or sells, and I provide a summary of dividends collected. Additionally, I look at how the month's activities have impacted DivGro's projected annual dividend income (PADI).

In March, I opened one new position and added shares to seven existing positions. Seven DivGro stocks announced dividend increases in March. The net result of these changes is that PADI increased by about 11.2% in March. Year over year, PADI increased by 16.5%.

As for dividend income, in March I received dividends totaling $3,445 from 44 stocks in my portfolio, a year over year increase of 7%. So far in 2020, I've collected $7,013 in dividends or about 26% of my 2020 goal of $27,000.

Tuesday, April 7, 2020

Dividend Increases: March 28-April 3, 2020

This weekly article series covers dividend increase announcements. I monitor dividend increases for stocks in the Dividend Champions List [CCC list] and provide a summary for my readers.

Last week, three companies in the CCC list announced dividend increases.

One of the companies announced a double-digit percentage increase!

Monday, April 6, 2020

10 Dividend Growth Stocks For April 2020

In my monthly series of 10 Dividend Growth Stocks, I rank a subset of the Dividend Champions [CCC] list and present the top 10 top-ranked stocks for consideration.

The CCC list contains about 850 dividend growth [DG] stocks trading on U.S. exchanges that have paid higher dividends for at least five consecutive calendar years. An accompanying spreadsheet provides valuable data and is updated monthly by SA author Justin Law.

This month I decided to rank high-yielding, high-quality CCC stocks trading at least 10% below my fair value estimates. I use DVK Quality Snapshots to assess the quality of dividend stocks.

Wednesday, April 1, 2020

Expired Options (March 2020)

After options expiration day, I post an article to summarize any actions I took and to present potential replacement trades for the expired options.

The previous options expiration day was 20 March.

I had several open options trades that were due to expire and, because of the market action due to Covid-19 concerns, most of them were deep in the money. This means I had to take protective action to avoid options assignment.

As usual, I'll report on my other options trades in an upcoming article, but let's look at those I executed to avoid assignments.

Monday, March 30, 2020

Dividend Increases: March 21-27, 2020

This weekly article series covers dividend increase announcements. I monitor dividend increases for stocks in the Dividend Champions List [CCC list].

Last week, only one company in the CCC list announced a dividend increase.

It is almost earnings season again, so we'll see more dividend increases (I hope!) again soon. I'll also write a summary of dividend increases for the first quarter of 2020 soon.

Saturday, March 28, 2020

The 30 Dividend Kings Ranked By Quality Score

This article ranks the 30 Dividend Kings by quality score.

Dividend Kings are companies that have increased their dividend payouts for at least 50 consecutive years. This is a remarkable achievement, as these companies have maintained regular dividend increases even in periods of economic recessions, market crashes, technology revolutions, and shifting consumer tastes.

I use DVK Quality Snapshots to assess the quality of the Dividend Kings. The system employs five quality indicators and assigns 0-5 points to each quality indicator, for a maximum of 25 points. To rank stocks, I sort them by quality score and break ties by considering up to three factors, in turn.

The article includes tables presenting quality indicators, key metrics, and fair value estimates.

Wednesday, March 25, 2020

Dividend Increases: March 14-20, 2020

This weekly article series covers dividend increase announcements. I monitor dividend increases for stocks in the Dividend Champions List [CCC list].

Last week, four companies in the CCC list announced dividend increases, including one of the stocks I own.

Only one stock announced a dividend increase of more than 10%.

Tuesday, March 24, 2020

10 Dividend Growth Stocks For March 2020

The Dividend Champions [CCC] list contains nearly 900 dividend growth [DG] stocks trading on U.S. exchanges that have paid higher dividends for at least five consecutive calendar years. An accompanying spreadsheet provides valuable data and is updated monthly by SA author Justin Law.

In this article, I rank a subset of the CCC stocks and present the 10 top-ranked stocks for consideration. I now use DVK Quality Snapshots to assess the quality of dividend stocks and rank them by quality score, breaking ties by considering up to three quality metrics, in turn.

This month I decided to rank high-quality CCC stocks trading at least 10% below my fair value estimates. Fear related to the ongoing pandemic of coronavirus disease 2019 (COVID-19) has wreaked havoc in the markets, and economists expect a global recession in the first half of 2020. Many stocks on my watchlist now trade well below fair value and present opportunities for further investment.

Carnage!

On 19 February 2020, the S&P 500 closed at a record high of 3,386.15. Today, just more than a month later, the index closed some 33.9% lower at 2,237.40!

This is the fastest 30%+ sell-off ever, exceeding the pace of declines during the Great Depression. It took just 20 trading days for the Dow Jones Industrial Average to enter bear market territory and just 22 trading days for the S&P 500 to fall 30%.

My DivGro portfolio suffered badly from this carnage and all my capital gains are gone! If it were not for the nearly $100k in dividends I've collected since 2013, DivGro would have been underwater!

Thursday, March 19, 2020

Options Update: February 2020

Welcome to another edition of Options Update, a monthly article series in which I summarize options trades and keep track of DivGro's options income.

The novel coronavirus (Covid-19) has wreaked havoc in the world and on the stock markets. Today, the Dow officially wiped out all the gains of the Trump presidency.

My DivGro portfolio has taken a beating and with soaring volatility, my open options positions are taking it on the chin, too! It seems highly unlikely that I will achieve my 2020 goal to collect at least $24,000 in options income. In fact, I think it will be hard to break even this year!

Tuesday, March 17, 2020

Dividend Increases: March 7-13, 2020

This article series provides a weekly summary of dividend increase announcements. I monitor dividend increase announcements for stocks in the Dividend Champions List [CCC list].

Last week, seven companies in the CCC list announced dividend increases, including one of the stocks I own.

Three stocks announced dividend increases of more than 10%.

Sunday, March 15, 2020

Monthly Review Of DivGro: February 2020

Once a month, I review my portfolio of dividend growth stocks, DivGro. The goal of these reviews is to provide a summary of dividends received and to detail buy and sell transactions. I also look at how DivGro's projected annual dividend income (PADI) has changed.

In January, I closed three positions and added shares to four existing positions. Twelve DivGro stocks announced dividend increases in January. The net result of these changes is that PADI increased by about 0.8% in January. Year over year, PADI increased by 5.7%.

As for dividend income, in January I received dividends totaling $1,899 from 27 stocks in my portfolio, a year over year increase of 8%. So far in 2020, I've collected $1,899 in dividends or about 7% of my 2020 goal of $27,000.

Thursday, March 12, 2020

Dividend Increases: February 29-March 6, 2020


This article series provides a weekly summary of dividend increase announcements. I monitor dividend increase announcements for stocks in the Dividend Champions List [CCC list].

After several weeks of a large number of dividend increase announcements, last week only six companies in the CCC list announced dividend increases.

Two stocks in my portfolio announced dividend increases, and I'm happy to see that both increases top notch 7%!

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