Options Update: February 2021

I'm hoping to catch up with my Options Update articles, which have suffered because I've been so busy at work... 

I posted my January update on 3 March, which normally is when I would post my February update! Well, before the month ends, I wanted to get the February update out of the way!

With my Options Update articles, I keep track of my options income, summarize trades, and provide a running tally of DivGro's options income to date. 

I also track the progress I'm making towards my annual options goal. In 2021, I'm repeating my goal of collecting at least $24,000 in options income. Last year turned out to be a challenging year for options trading and I collected only $15,009 in options income (about 63% of my 2020 goal of $24,000).

Dividend Increases: March 20-26, 2021

In this weekly article series, we provide a summary of dividend changes for stocks in Dividend Radar, an automatically generated spreadsheet listing stocks with dividend streaks of five years or more. 

Dividend Radar is published every Friday.

The article provides a summary table presenting relevant data and key statistics of dividend increases. We highlight one of the stocks and present performance, valuation, and earnings charts.

This week, only two companies in Dividend Radar announced dividend increases.

Upcoming Ex-Dividend Dates: March 30-April 12, 2021

This article series provides a summary of upcoming ex-dividend dates of stocks in Dividend Radar, a weekly automatically generated spreadsheet listing dividend growth stocks with dividend streaks of five years or more. 

We present a summary table with relevant data and key statistics, including the next payout and pay date. Additionally, we screen for high-quality candidates using DVK Quality Snapshots and highlight one interesting candidate.

I co-produce this article series with James Marino Sr. of Portfolio Insight.

10 Dividend Growth Stocks For March 2021

Welcome to the March edition of my monthly series of 10 Dividend Growth Stocks. In this series, 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 sort them in descending order, breaking ties with additional metrics.

This month, I screened for investment-grade stocks trading at favorable valuations based on my recently-adopted quality/valuation screen. Essentially, this screen allows some leeway when looking at the valuation of high-quality stocks. For example, I'm willing to pay a premium of up to 10% above my fair value estimate for the highest-quality stocks (quality score of 25).

Dividend Increases: March 13-19, 2021

This article series provides a summary of dividend changes announced for stocks in Dividend Radar, a weekly automatically generated spreadsheet listing stocks with dividend streaks of five years or more. 

Every week, present a summary table with relevant data and key statistics of all dividend increases. Additionally, we provide a snapshot analysis of one of the stocks we think is worth considering.

This week, 13 companies in Dividend Radar decided to increase their dividends, including one of my DivGro holdings. Note there were no dividend cuts or suspensions announced for Dividend Radar stocks during this period.

Upcoming Ex-Dividend Dates: March 23-April 5, 2021

This article series provides a summary of upcoming ex-dividend dates of stocks in Dividend Radar, a weekly automatically generated spreadsheet listing dividend growth stocks with dividend streaks of five years or more. 

We present a summary table with relevant data and key statistics, including the next payout and pay date. Additionally, we screen for high-quality candidates using DVK Quality Snapshots and highlight one interesting candidate.

I co-produce this article series with James Marino Sr. of Portfolio Insight.

Monthly Review Of DivGro: February 2021

My monthly review of DivGro provides a summary of transactions and explains how those transactions affect projected annual dividend income.

In February, I opened two new positions and added shares to four existing positions. Additionally, I reduced the size of one existing position. DivGro now contains 91 different positions. Twelve DivGro stocks announced dividend increases in February. The net result of these changes is that PADI increased by about 6.8% in February. Year over year, PADI increased by 33.1%.

As for dividend income, in February I received dividends totaling $2,151 from 22 stocks in my portfolio, a year over year increase of 29%. So far in 2021, I've collected $4,428 in dividends, or about 13% of my 2021 goal of $34,500.

Dividend Increases: March 6-12, 2021

This weekly article series provides a summary of dividend changes announced for stocks in Dividend Radar, a weekly automatically generated spreadsheet listing stocks with dividend streaks of five years or more. 

We present a summary table with relevant data and key statistics of all dividend increases. Additionally, we provide a snapshot analysis of one of the stocks we think is worth considering.

In the past week, nine companies in Dividend Radar announced dividend increases, including one of the stocks I own. 

Upcoming Ex-Dividend Dates: March 16-29, 2021

In this article series, we provide a summary of upcoming ex-dividend dates of stocks in Dividend Radar, a weekly automatically generated spreadsheet listing dividend growth stocks with dividend streaks of five years or more. 

In addition to providing a summary table with relevant data and key statistics of stocks by ex-dividend dates, we screen them for high-quality candidates using DVK Quality Snapshots and highlight one interesting candidate.

I co-produce this article series with James Marino Sr. of Portfolio Insight.

The Top-Ranked Dividend Champions

The article presents the top-ranked Dividend Champions, which are companies listed on U.S. exchanges that have consistently higher annual dividend payouts for 25 or more years. Subsequent articles will present the top-ranked Dividend Contenders (10 or more years) and Challengers (5 or more years).

I use DVK Quality Snapshots to assess the quality of dividend growth [DG] stocks. The system scores each of five quality indicators with 0-5 points determine a quality score out of 25 points. To rank DG stocks, I sort them by quality scores and use tie-breaking metrics, including, in order, dividend safety, credit rating, and dividend yield.

The article presents the 49 top-ranked Dividend Champions and presents key metrics, quality indicators, and fair value estimates.

Dividend Increases: February 27-March 5, 2021

This weekly article series covers dividend changes announced for stocks in Dividend Radar, a weekly automatically generated spreadsheet listing stocks with dividend streaks of five years or more. 

We present a summary table with relevant data and key statistics of all dividend increases. Additionally, we provide a snapshot analysis of one of the stocks we think is worth considering.

In the past week, seven companies in Dividend Radar announced dividend increases, including one of the stocks I own. 

Upcoming Ex-Dividend Dates: March 9-22, 2021

This article series provides a summary of upcoming ex-dividend dates of stocks in Dividend Radar, a weekly automatically generated spreadsheet listing dividend growth stocks with dividend streaks of five years or more.

I co-produce this article series with James Marino Sr. of Portfolio Insight.

In addition to providing a summary table with relevant data and key statistics of stocks by ex-dividend dates, we screen them for high-quality candidates using DVK Quality Snapshots and highlight one interesting candidate.

Options Update: January 2021

I've been rather busy at work while still trying to keep up with my DivGro articles, but my Options Update series has suffered... I posted my last options update on 10 January, covering December 2020 trades. So I have some catching up to do!

With these articles, I keep track of my options income, summarize trades, and provide a running tally of DivGro's options income to date. 

I also track the progress I'm making towards my annual options goal. In 2021, I'm repeating my goal of collecting at least $24,000 in options income. Last year turned out to be a much more challenging year for options trading and I collected $15,009 in options income or only about 63% of my 2020 goal of $24,000.

Upcoming Ex-Dividend Dates: March 2-12, 2021

In this article series, we provide a summary of upcoming ex-dividend dates, specifically for dividend growth stocks as defined and maintained in the Dividend Radar spreadsheet.

A summary table provides relevant data and key statistics, including the next payout and pay date. We screen for high-quality candidates using DVK Quality Snapshots and highlight one interesting candidate.

I co-produce this article series with James Marino Sr. of Portfolio Insight.