DivGro is now DivGro 2.0!

DivGro moved to another platform and is now DivGro 2.0!

Please enjoy complimentary access to all the content on DivGro 2.0 until I formally launch it! You can sign up for free and join more than 1,125 existing members!

All content will be complimentary until the formal launch of DivGro 2.0. This includes my monthly newsletter and articles like
 How to Assess Dividend Quality and The Chowder Ruleand a live spreadsheet of my DivGro Portfolio.

Read more About DivGro 2.0 ...

Saturday, April 13, 2024

April 2024 Newsletter

Welcome to the April edition of DivGro 2.0's monthly newsletter!

In February, I strategically adjusted my DivGro portfolio, increasing my investments in stocks with higher dividend growth rates. Stocks with higher dividend growth rates often outperform stocks with higher dividend yields when looking at total returns.

The strategic adjustment involved many buy and sell transactions, and DivGro's projected annual dividend income [PADI] decreased significantly, from $50,499 in January to $45,868 in February. I aim to increase DivGro’s PADI to $48,000 by year’s end and reap the benefits of much higher total returns in the years to come.

I closed one position in March and added shares to three existing positions. DivGro now contains 75 positions, with 68 dividend growth [DG] stocks, three dividend-paying stocks, three closed-end funds [CEFs], and one stock that doesn't pay dividends. DG stocks have dividend increase streaks of five or more years.

Thursday, April 11, 2024

Costco Wholesale Dividend Increase

Costco Wholesale (COST) increased its quarterly dividend by 13.73%, from $1.02 to $1.16 per share.

The dividend will be paid on 10 May to shareholders of record on 26 April. The ex-dividend date is 25 April.

COST's contribution to DivGro's projected annual dividend income will increase by $19.60 to $162.40.

Wednesday, April 10, 2024

Procter & Gamble Dividend Increase

Procter & Gamble (PG) increased its quarterly dividend by 6.99%, from 94.07¢ to $1.0065 per share.

The dividend will be paid on 15 May to shareholders of record on 19 April. The ex-dividend date is 18 April.

PG's contribution to DivGro's projected annual dividend income will increase by $22.32 to $402.60.

Wednesday, April 3, 2024

ETO Dividend Increase

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (ETO) increased its monthly distribution by 26.13%, from 13.74¢ per share to 17.33¢ per share.

As a result, DivGro's projected annual dividend income [PADI] will increase by $646.20, and ETO's contribution to DivGro's PADI will increase to $3119.40 annually. 

The distribution is payable on 30 April to shareholders of record on 23 April. The ex-dividend date is 22 April.

Monday, April 1, 2024

10 Dividend Growth Stocks: March 2024

In this series, I rank a selection of Dividend Radar stocks and present the 10 top-ranked stocks for further research and possible investment. 

This month, I'm presenting candidates with forward dividend yields above 3% and projected dividend growth rates above 7%.

These screens produce candidates offering solid yields and growth prospects. I own three of the ten candidates in my DivGro portfolio.

Wednesday, March 20, 2024

JPMorgan Chase Dividend Increase

JPMorgan Chase (JPM) increased its quarterly dividend by 9.52%, from $1.05 to $1.15 per share.

The dividend will be paid on 30 April to shareholders of record on 5 April. The ex-dividend date is 4 April.

JPM's contribution to DivGro's projected annual dividend income will increase by $40 to $460.

Sunday, March 17, 2024

March 2024 Newsletter

Welcome to the March edition of my DivGro 2.0 newsletter!

The edition comes in two parts, as I have many more transactions to cover than I normally do. Part 1 covers the February market recap and an overview of my DivGro portfolio, including February's sell transactions. Part 2 covers my February buy transactions and presents this month's top-10 lists of Dividend Radar stocks.

I made a strategic adjustment to my portfolio in February, which required many more trades to execute than I normally do in a month. I increased my investments in stocks with higher dividend growth rates and lower dividend yields.

Saturday, March 16, 2024

Realty Income Dividend Increase

Realty Income (O) increased its monthly dividend by 0.19%, from 25.65¢ to 25.7¢ per share.

The dividend will be paid on 15 April to shareholders of record on 1 April. The ex-dividend date is 29 March.

O's contribution to DivGro's projected annual dividend income will increase by $3 to $1,542.

Friday, March 8, 2024

GD Dividend Increase

General Dynamics (GD) increased its quarterly dividend by 7.58%, from $1.32 to $1.42 per share.

The dividend will be paid on 10 May to shareholders of record on 12 April. The ex-dividend date is 11 April.

GD's contribution to DivGro's projected annual dividend income will increase by $40 to $568.

Thursday, March 7, 2024

QCOM Dividend Increase

Qualcomm (QCOM) increased its quarterly dividend by 6.25%, from 80¢ to 85¢ per share.

The dividend increase will be effective for quarterly dividends payable after March 21, 2024.

QCOM's contribution to DivGro's projected annual dividend income will increase by $20 to $340.

Monday, March 4, 2024

Why Invest in Low Dividend Yield Stocks?

As a Dividend Growth Investor, I almost exclusively invest in dividend growth stocks with dividend increase streaks of five years or more. Dividend Radar is a free, weekly auto-generated spreadsheet of such stocks.

I believe in a healthy mix of higher-yielding (HiY) stocks and stocks with higher dividend growth rates (HiG stocks) as measured by the 5-year dividend compound annual growth rate, or 5-year DGR for short.

In the past few years, my DivGro portfolio's balance of HiY and HiG positions has shifted towards HiY stocks. To restore a healthier mix of HiY and HiG stocks, I recently closed several HiY positions and increased my investments in HiG stocks with lower yields. As a result, my annual dividend income decreased significantly, but I believe my total return prospects have vastly improved.

Friday, March 1, 2024

SRE Dividend Increase

Sempra (SRE) increased its quarterly dividend by 4.20%, from 59.5¢ to 62¢ per share.

The dividend will be paid on 15 April to shareholders of record on 21 March. The ex-dividend date is 20 March.

SRE's contribution to DivGro's projected annual dividend income will increase by $30 to $744.

Saturday, February 24, 2024

HD Dividend Increase

Home Depot (HD) increased its quarterly dividend by 7.66%, from $2.09 to $2.25 per share.

The dividend will be paid on 21 March to shareholders of record on 7 March. The ex-dividend date is 6 March.

HD's contribution to DivGro's projected annual dividend income will increase by $64 to $900.

I own 100 shares of HD at an average cost basis of $224.26 per share. Following this increase, my yield on cost is 4.01%. (HD's forward yield is 2.42% at $371.96 per share). 

HD became DivGro's 40th Home Run stock in November 2021, when the stock doubled my original capital outlay.

Follow me at DivGro 2.0 or on Twitter and Facebook. 

Monday, February 19, 2024

10 Dividend Growth Stocks: February 2024

After taking a break in January, I'm back with another edition of my monthly series, 10 Dividend Growth Stocks! 

In this series, I rank a selection of Dividend Radar stocks and present the 10 top-ranked stocks for further research and possible investment. 

This month, I'm presenting candidates with high earnings, revenue, and dividend growth rates trading at favorable valuations.

Additionally, the stocks all have 5-year trailing total returns above 10%. 

Saturday, February 17, 2024

NEE Dividend Increase

NextEra Energy (NEE) increased its quarterly dividend by 10.16%, from 46.75¢ to 51.5¢ per share.

The dividend will be paid on 15 March to shareholders of record on 27 February. The ex-dividend date is 26 February.

NEE's contribution to DivGro's projected annual dividend income will increase by $76 to $824.

I own 400 shares of NEE at an average cost basis of $59.57 per share. Following this increase, my yield on cost is 3.46%. (NEE's forward yield is 3.61% at $57.03 per share). 

NEE became DivGro's 28th Home Run stock in January 2021, when the stock doubled my original capital outlay.

Follow me at DivGro 2.0 or on Twitter and Facebook. 

KO Dividend Increase

Coca-Cola (KO) increased its quarterly dividend by 5.43%, from 46¢ to 48.5¢ per share.

The dividend will be paid on 1 April to shareholders of record on 15 March. The ex-dividend date is 14 March.

KO's contribution to DivGro's projected annual dividend income will increase by $20 to $388.

I own 200 shares of KO at an average cost basis of $41.28 per share. Following this increase, my yield on cost is 4.70%. (KO's forward yield is 3.27% at $59.39 per share). 

Follow me at DivGro 2.0 or on Twitter and Facebook. 

CSCO Dividend Increase

Cisco Systems (CSCO) increased its quarterly dividend by 2.56%, from 39¢ to 40¢ per share.

The dividend will be paid on 24 April to shareholders of record on 4 April. The ex-dividend date is 3 April.

CSCO's contribution to DivGro's projected annual dividend income will increase by $12 to $480.

I own 300 shares of CSCO at an average cost basis of $41.45 per share. Following this increase, my yield on cost is 3.86%. (CSCO's forward yield is 3.30% at $48.44 per share). 

Follow me at DivGro 2.0 or on Twitter and Facebook. 

PEG Dividend Increase

Public Service Enterprise (PEG) increased its quarterly dividend by 5.26%, from 57¢ to 60¢ per share.

The dividend will be paid on 29 March to shareholders of record on 8 March 8. The ex-dividend date is 7 March.

PEG's contribution to DivGro's projected annual dividend income will increase by $36 to $720.

I own 300 shares of PEG at an average cost basis of $59.80 per share. Following this increase, my yield on cost is 4.01%. (PEG's forward yield is 4.01% at $59.79 per share). 

Follow me at DivGro 2.0 or on Twitter and Facebook. 

Thursday, February 15, 2024

February 2024 Newsletter

Welcome to the February edition of my DivGro 2.0 newsletter!

This edition includes a quick market recap and a review of my DivGro portfolio as of 31 January 2024. 

In January, I opened three new positions and added shares to two existing positions. Additionally, I closed one position and reduced my holdings in four positions. Eight DivGro stocks announced dividend increases in January. The net result of these changes is that DivGro's projected annual dividend income [PADI] increased by about 4.0% in January. Year over year, PADI increased by 8.8%.

Saturday, February 10, 2024

PEP Dividend Increase

PepsiCo (PEP) increased its quarterly dividend by 7.11%, from $1.265 to $1.355 per share.

The increased dividend is payable with the dividend expected to be paid in June 2024.

PEP's contribution to DivGro's projected annual dividend income will increase by $36 to $542.

I own 100 shares of PEP at an average cost basis of $149.83 per share. Following this increase, my yield on cost is 3.62%. (PEP's forward yield is 3.23% at $167.67 per share). 

Follow me at DivGro 2.0 or on Twitter and Facebook. 

 

ICE Dividend Increase

Intercontinental Exchange (ICE) increased its quarterly dividend by 7.14%, from 42¢ to $45¢ per share.

The dividend is payable on 29 March to shareholders of record on 15 March. The ex-dividend date is 14 March.

ICE's contribution to DivGro's projected annual dividend income will increase by $12 to $180.

I own 100 shares of ICE at an average cost basis of $93.61 per share. Following this increase, my yield on cost is 1.92%. (ICE's forward yield is 1.33% at $135.49 per share). 

Follow me at DivGro 2.0 or on Twitter and Facebook. 

TSCO Dividend Increase

Tractor Supply (TSCO) increased its quarterly dividend by 6.80%, from $1.03 to $1.10 per share.

The dividend is payable on 12 March to shareholders of record on 26 February. The ex-dividend date is 23 February.

TSCO's contribution to DivGro's projected annual dividend income will increase by $21.00 to $330.00.

I own 75 shares of TSCO at an average cost basis of $206.08 per share. Following this increase, my yield on cost is 2.14%. (TSCO's forward yield is 1.87% at $235.08 per share). 

Follow me at DivGro 2.0 or on Twitter and Facebook. 

Friday, February 2, 2024

CVX Dividend Increase

Chevron ($CVX) increased its quarterly dividend by 7.95%, from $1.51 to $1.63 per share.

The dividend is payable on 11 March to shareholders of record on 16 February. The ex-dividend date is 15 February.

CVX's contribution to DivGro's projected annual dividend income will increase by $72 to $978.

I own 150 shares of CVX at an average cost basis of $93.67 per share. Following this increase, my yield on cost is 6.96%. (CVX's forward yield is 4.29% at $151.96 per share). 

CVX became DivGro's 44th Home Run stock in June 2022, when the stock doubled my original capital outlay.

Follow me at DivGro 2.0 or on Twitter and Facebook. 

TROW Dividend Increase

T. Rowe Price ($TROW) increased its quarterly dividend by 1.64%, from $1.22 to $1.24 per share.

The dividend is payable on 28 March to shareholders of record on 15 March. The ex-dividend date is 14 March.

TROW's contribution to DivGro's projected annual dividend income will increase by $12.00 to $744.00.

I own 150 shares of TROW at an average cost basis of $88.49 per share. Following this increase, my yield on cost is 5.61%. (TROW's forward yield is 4.52% at $109.70 per share). 

TROW became DivGro's 30th Home Run stock in January 2021, when the stock doubled my original capital outlay.

Follow me at DivGro 2.0 or on Twitter and Facebook. 

Monday, January 29, 2024

BKH Dividend Increase

Black Hills ($BKH) increased its quarterly dividend by 4.00%, from 62.5¢ to 65¢ per share.

DivGro's projected annual dividend income will increase by $20.00 to $260.00.

The dividend is payable on 1 March to shareholders of record on 16 February. The ex-dividend date is 15 February.

I own 100 shares of BKH at an average cost basis of $55.00 per share. Following this increase, my yield on cost is 4.73%. (BKH's forward yield is 5.04% at $51.55 per share). 

Follow me at DivGro 2.0 or on Twitter and Facebook. 

Sunday, January 28, 2024

Home Run Number 50

This week was special for my DivGro portfolio. I just celebrated DivGro's 49th Home Run, and I'm back to announce my 50th Home Run!

If you invest in high-quality dividend growth stocks, then there's rarely a reason to sell your stocks. And if you hold dividend growth stocks long enough, eventually, they'll double your original investment in total returns and become Home Run stocks!

Dividend growth investing is the ultimate Get Rich Slow Scheme. It's boring but beautiful and a perfect example of Slow and Steady wins the Race!

Time in the Market is an admirable goal. In contrast, Timing the Market is a fool's errand. It's impossible to accurately pinpoint a market high or low point, so those who attempt it run the risk of missing periods of exceptional returns. The dividend growth investor reaps the benefits of a strong bull market and a regular income stream even when the bears take over!

Home Run Number 49

I celebrated DivGro's 48th Home Run on 1 December 2023, and today I'm back to celebrate DivGro's 49th Home Run!

I label any stock in my DivGro portfolio a Home Runs stock if it doubles my original investment in total returns. 

I've been tracking DivGro's Home Runs since 30 October 2014, when General Dynamics (GD) became my first Home Run stock. 

I celebrate home runs in milestone articles to show how lucrative dividend growth investing can be. Home runs are perfect examples of Slow and Steady winning the Race and demonstrate why I prefer Time in the Market over Timing the Market.

ADM Dividend Increase

Archer-Daniels-Midland ($ADM) announced its next dividend of 50¢ per share, an 11.11% increase over its previous payout of 45¢.

DivGro's projected annual dividend income will increase by $20.00 to $200.00.

The dividend will be paid on 29 February to shareholders of record on 8 February. The ex-dividend date is 7 February. 

I own 100 shares of ADM at an average cost basis of $39.90 per share. Following this increase, my yield on cost is 5.01%. (ADM's forward yield is 3.84% at $52.05 per share). 

ADM became DivGro's 43rd Home Run stock in March 2022, when the stock doubled my original capital outlay.

Follow me at DivGro 2.0 or on Twitter and Facebook. 

Saturday, January 27, 2024

CMCSA Dividend Increase

Comcast ($CMCSA) announced its next dividend of 31¢ per share, a 6.90% increase over its previous payout of $29¢.

DivGro's projected annual dividend income will increase by $40.00 to $620.00.

The dividend will be paid on 24 April to shareholders of record on 3 April. The ex-dividend date is 2 April. 

I own 500 shares of CMCSA at an average cost basis of $37.76 per share. Following this increase, my yield on cost is 3.28%. (CMCSA's forward yield is 2.68% at $46.26 per share). 

Follow me at DivGro 2.0 or on Twitter and Facebook. 

APD Dividend Increase

Air Products and Chemicals ($APD) announced its next dividend of $1.77 per share, a 1.14% increase over its previous payout of $1.75.

DivGro's projected annual dividend income will increase by $8.00 to $708.00.

The dividend will be paid on 13 May to shareholders of record on 1 April. The ex-dividend date is 28 March. 

I own 100 shares of APD at an average cost basis of $253.77 per share. Following this increase, my yield on cost is 2.79%. (APD's forward yield is 2.70% at $261.90 per share). 

APD became DivGro's 25th Home Run stock in November 2020, when the stock doubled my original capital outlay.

Follow me at DivGro 2.0 or on Twitter and Facebook. 

Friday, January 26, 2024

ELV Dividend Increase

Elevance Health ($ELV) announced its next dividend of $1.63 per share, a 10.14% increase over its previous payout of $1.48.

DivGro's projected annual dividend income will increase by $6.00 to $65.20.

The dividend will be paid on 22 March to shareholders of record on 8 March. The ex-dividend date is 7 March.

I own only 10 shares of ELV at an average cost basis of $288.09 per share. Following this increase, my yield on cost is 2.26%. (ELV's forward yield is 1.35% at $482.55 per share). 

Follow me at DivGro 2.0 or on Twitter and Facebook.

Thursday, January 25, 2024

CNI Dividend Increase

Canadian National Railway ($CNI) announced its next dividend of C$0.845 per share, a 6.96% increase over the company's previous payout of C$0.790.

As a result, DivGro's annual dividend income will increase by approximately $26.05 (after accounting for the exchange rate). 

The dividend is payable on 28 March to shareholders of record at the close of business on 7 March. The ex-dividend date is 6 March.

As with all foreign currency dividends, I'll update DivGro's projected annual dividend income [PADI] when the dividend is paid in March. 

Follow me at DivGro 2.0 or on Twitter and Facebook.

Tuesday, January 16, 2024

LNT Dividend Increase

Alliant ($LNT) announced its next dividend of 48¢ per share, a 6.08% increase over its previous payout of 45.25¢.

DivGro's projected annual dividend income will increase by $11.00 to $192.00.

The dividend will be paid on 15 February to shareholders of record on 31 January. The ex-dividend date is 30 January.

I own 100 shares of LNT at an average cost basis of $54.43 per share. Following this increase, my yield on cost is 3.53%. (LNT's forward yield is 3.81% at $50.40 per share). 

Follow me at DivGro 2.0 or on Twitter and Facebook.

Monday, January 15, 2024

January 2024 Newsletter

Welcome to the January edition of my DivGro 2.0 newsletter!

In these monthly newsletters, I do a quick market recap before reviewing my DivGro portfolio, in this case through 31 December 2023. I also present four top-10 lists of Dividend Radar stocks. 

In December, I closed four positions for purposes of tax-loss harvesting. To make up for the loss of dividends following those closing transactions, I added shares to four existing positions. Additionally, eleven DivGro stocks announced dividend increases in December. The net result of these changes is that DivGro's projected annual dividend income (PADI) increased by about 0.4% to $48,540. Year over year, PADI increased by about 5.8%.

Sunday, January 14, 2024

BLK Dividend Increase

Black Hills ($BLK) announced its next dividend of $5.10 per share, a 2.00% increase over its previous payout of $5.00.

DivGro's projected annual dividend income will increase by $14.00 to $714.00.

The dividend will be paid on 22 March to shareholders of record on 7 March. The ex-dividend date is 6 March.

I own 35 shares of BLK at an average cost basis of $395.64 per share. Following this increase, my yield on cost is 5.16%. (BLK's forward yield is 2.55% at $799.60 per share). 

BLK became DivGro's 29th Home Run stock in January 2021, when the stock doubled my original capital outlay.

Follow me at DivGro 2.0 or on Twitter and Facebook.

Wednesday, January 10, 2024

Closing Options Early

In my previous article on Options, I explained how I sell options to generate extra income.

Similar to how my DivGro portfolio generates dividend income, I use my portfolio as leverage to sell options and generate options income. I reinvest both income streams, buying more dividend growth stocks and boosting DivGro’s dividend income stream. 

Since June 2016, I've collected and reinvested more than $100,000 in options income.

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