This weekly article series covers dividend changes.
Every month, I write a review of my portfolio of dividend growth stocks, DivGro. The goal of these monthly reviews is to share updates I've made to the portfolio and to provide a summary of dividends collected. I also look at how DivGro's projected annual dividend income [PADI] has changed.
In November, I opened two new positions in DivGro, increasing the number of positions in my portfolio to 98. Additionally, I did some significant rebalancing, adding shares to seventeen existing positions and removing shares from ten other positions. No fewer than fourteen DivGro stocks announced dividend increases in November. The net result of all these changes is that DivGro's PADI increased by about 4.5% in November. Year over year, my PADI increased by about 18.2%.
As for dividend income, in November, I received dividends totaling $2,951 from 24 stocks, a year-over-year increase of 16%. So far, in 2021, I've collected $32,960 in dividends or about 96% of my 2021 goal of $34,500.
I updated my system for determining target weights for
DivGro positions.
The system is both dynamic and flexible. It adjusts to prevailing market conditions and allows me to calibrate factors when my goals change.
In this article, I present the updated system for determining DivGro target weights. I replaced one of the factors and added three new factors, for a total of seven factors that contribute to the target weight calculation.
I'll summarize each contributing factor and explain how I calculate and use target weights.
This weekly article series covers dividend changes.
In the December edition of my 7 Dividend Growth Stocks on TheStreet.coms, I used a defensiveness scoring system developed by David Van Knapp [DVK] as my primary screen. The system awards points to stocks based on satisfying common notions of safety rather than for being members of a particular sector.
In that article, I identified the best defensive stocks that traded below my risk-adjusted Buy Below prices.
Today, I want to identify the best defensive dividend growth stocks regardless of their current valuations. While I wouldn’t recommend buying stocks until they trade at more favorable valuations, it is good to have a shortlist of high-quality defensive stocks ready to go!
I call any stock in my portfolio that has doubled my original capital outlay
in total returns, a Home Run. It's a fun milestone to celebrate and I enjoy
writing these articles!
This weekly article series covers dividend changes.
We monitor dividend announcements for stocks in Dividend Radar, a spreadsheet we update and publish for free every Friday. The spreadsheet provides key data of stocks with dividend streaks of five years or more.
This weekly article series covers dividend changes.
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