DivGro's Best and Worst Performers in 2022

Every year-end, I write a short review article to announce DivGro's best and worst performers for the year. I consider only positions I owned throughout 2022, including dividend growth stocks, dividend-paying stocks, growth stocks, and closed-end funds. 

Of the 84 positions I've owned throughout the year, 53 stocks had negative returns, and 31 stocks had positive returns for the year. So it's not surprising that DivGro had a down year in 2022!

On average, these positions are down 6.22% for the year, though if I use a weighted average instead of an arithmetic average, the return is slightly better at -5.05%! These returns exclude dividends. 

This year's best performer is Chevron (CVX), with a stock price increase of 51% in 2022! My worst performer in 2022 was Intel (INTC), down 49% since 1 January 2022. 

3 High-Yielding, Discounted Dividend Growth Stocks

I've been working with Portfolio Insight to develop a Dividend Quality Grade for dividend stocks. 

We evaluate all dividend-paying stocks and assess the likelihood of a dividend increase in the next twelve months. We also identify stocks at risk of freezing or cutting their dividends. In backtests, our approach accurately predicted a failure to continue dividend increases in more than 98% of cases!

For this article, I used a pre-release version of Dividend Quality Grades to extract Dividend Champions and Dividend Contenders with A+ Dividend Quality Grades. These are Exceptional dividend growth stocks with solid fundamentals and dividend increase streaks of ten years or more. 

Additionally, I screened for stocks trading below my fair value estimates. These stocks offer good value and are suitable for immediate investment.

10 Dividend Growth Stocks For December 2022

Welcome to the final edition of my monthly series of 10 Dividend Growth Stocks for 2022. I rank a selection of dividend growth stocks in Dividend Radar and present the ten top-ranked stocks for further research and possible investment. 

This month, I used a new Dividend Quality Grade developed by Portfolio Insight as the primary screen. Specifically, I screened for Dividend Contenders with A+ Dividend Quality Grades. Moreover, I screened for stocks trading at discounted valuations, so this month's stocks offer great value! 

I ranked the candidates using a variation of DVK Quality Snapshots. The variation uses Value Line's Price Stability instead of Value Line's Safety Rank. 

Monthly Review of DivGro: November 2022

Welcome to the November 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 November, I did some portfolio reorganization. The main reason for doing so was to round out my positions, where possible, to multiples of 100 shares. I'm using options trading to boost dividend income, and for covered calls, I prefer having multiples of 100 shares so I can write covered calls on all my shares. 

I added shares to 17 existing positions and reduced my investment in one holding. Additionally, I closed five positions, including two closed-end funds (CEFs). Ten DivGro stocks announced dividend increases in November, while four positions were affected by dividend cuts or exchange-rate fluctuations. The net result of these changes is that DivGro's PADI decreased by about 0.1% in November. Year over year, PADI increased by 18.6%.

As for dividend income, in November, I received dividends totaling $2,598 from 25 stocks in my portfolio, a year-over-year decrease of 12%. So far in 2022, I've collected $41,718 in dividends, or about 97% of my 2022 goal of $43,200.

7 Dividend Growth Stocks For December 2022

Welcome to another edition of my monthly series, 7 Dividend Growth Stocks.  In this series, I present seven dividend growth stocks from Dividend Radar for further analysis and possible investment.

Dividend Radar is a weekly automatically generated spreadsheet of dividend growth stocks with dividend increase streaks of five or more years. It is compiled by Portfolio Insight and provided as a free resource for individual and commercial use, with no registration required.

I use different screens every month to find candidates for further research and possible investment. This month, I decided to screen for high-quality, high-yielding Dividend Achievers trading at reasonable valuations. 

Monthly Review Of DivGro: October 2022

I'm a little behind on my monthly reviews! It's December already, but I'm only now reviewing DivGro's activities in October! 

The goal of my 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 the month's activities have impacted DivGro's projected annual dividend income (PADI).

In October, I added shares to two existing positions, and seven DivGro stocks announced dividend increases in October, while one closed-end fund (CEF) I own announced a distribution cut. Additionally, I own some stocks that issue dividends in CAD (Canadian Dollars), and recent payments actually lowered PADI due to the impact of exchange-rate fluctuations. The net result of these changes is that PADI increased by about 0.7% in October and 24.1 year-over-year.

As for dividend income, in October, I received dividends totaling $3,064 from 31 stocks in my portfolio, a year-over-year increase of 36%. So far in 2022, I've collected $39,120 in dividends, or about 91% of my 2022 goal of $43,200.

The Highest Quality Dividend Achievers

The Dividend Achievers are companies that have increased their annual regular cash dividend payments for at least each of the last ten consecutive calendar or fiscal years. A trademarked property of the Nasdaq, the Dividend Achievers are tracked under license by several exchange-traded funds, including Invesco's PFM. 

In this article, I present the highest quality Dividend Achievers based on Quality Snapshots, an eloquent system developed by David Van Knapp for assessing the quality of dividend growth stocks. The system employs five quality indicators from independent sources and assigns 0-5 quality points to each quality indicator for a maximum score of 25 quality points.

I decided to use a variation of the original Quality Snapshots system to find the highest quality DG stocks among the Dividend Achievers. The variation uses Value Line's Price Stability instead of Value Line's Safety Rank.

Quarterly Review Of DivGro: Q3-2022

Welcome to the 39^th quarterly review of DivGro, my portfolio of dividend growth stocks.

Quarterly reviews provide a summary of dividend income, dividend changes, and transactions executed in the past quarter. I also provide some charts showing various portfolio statistics. These reviews are mostly informational and help me to track progress over time.

This quarter, DivGro generated more than $11,780 in dividend income, and I'm projecting dividend income of at least $11,930 per quarter going forward.

10 Dividend Growth Stocks For November 2022

Welcome to another 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 ten top-ranked stocks for further research and possible investment. 

Last month, I experimented by replacing Value Line's Safety Rank in DVK Quality Snapshots with a ranking based on JUST Capital's Overall Rankings of America's largest publicly traded companies. In contrast to Value Line's coverage of 90%, JUST Capital provides rankings for only 50% of Dividend Radar stocks, which is insufficient for my purposes. 

This month, I'm back to using Value Line's Safety Rank in DVK Quality Snapshots. 

7 Dividend Growth Stocks For November 2022

After taking three months off, I'm resuming my monthly series, 7 Dividend Growth Stocks, on TheStreet.com. 

In this series, I present seven dividend growth stocks from Dividend Radar for further analysis and possible investment. Dividend Radar is a weekly automatically generated spreadsheet of dividend growth [DG] stocks with dividend increase streaks of five or more years.

Every month, I use different screens to find candidates. Using different screens highlights different aspects of dividend growth investing, such as value, yield, or growth. This month, I decided to use the top-ranked stocks in JUST Capital's 2022 Rankings of America's largest publicly traded companies as my primary screen.

Monthly Review Of DivGro: September 2022

Welcome to the September review of DivGro, my portfolio of dividend growth stocks. My goal with these reviews is to share updates to my portfolio and to detail the dividends I received during the month. I also look at how DivGro's projected annual dividend income (PADI) has changed.

In September, I added shares to one existing position, and ten DivGro stocks announced dividend increases in September. As a result, DivGro's PADI increased by about 1.1% in September. Year over year, PADI increased by 24.3%.

September is a quarter-ending month, which often produces significant dividend income totals and often new monthly records. While I received dividend income totaling $5,803 in September, it is not a new monthly record. The reason is that I received several large special dividends in January, and that monthly record of $6,023 still stands. 

10 Dividend Growth Stocks For October 2022

After two months off, I'm back with another edition of my monthly series, 10 Dividend Growth Stocks. In this series, I rank a selection of dividend growth stocks in Dividend Radar and present the ten top-ranked stocks for further research and possible investment. 

I usually rank stocks using DVK Quality Snapshots, but I'm mixing things up a bit this month! I'm experimenting with other quality indicators to replace Value Line's Safety Rank. To learn why I'm looking for a replacement, read this article!

Monthly Review Of DivGro: August 2022

Welcome to the August review of DivGro, my portfolio of dividend growth stocks. 

These reviews aim to provide a summary of dividends received and to detail buy and sell transactions. Additionally, I look at how the month's activities have impacted DivGro's projected annual dividend income (PADI).

This month, I opened two new positions and added shares to four existing positions. Additionally, I closed one position and reduced my holdings in two positions. Three DivGro stocks announced dividend increases in August. The net result of these changes is that PADI increased by about 0.7% in August. Year over year, PADI increased by 31.5%.

Quarterly Review Of DivGro: Q2-2022

I've been away visiting family in South Africa, so I haven't had a chance to post my Quarterly Review of DivGro for Q2-2022. Since Q3-2022 is almost over, I better get to it!

 

In my quarterly reviews, I summarize dividend income, dividend changes, and transactions executed in the past quarter. Also, I provide some charts showing various portfolio statistics. My quarterly reviews are mostly informational and help me track progress over time.

My portfolio generated about $10,780 of dividend income this quarter, and I'm projecting income from dividends of at least $11,420 per quarter going forward.

Discussing Dividends on The Investing for Beginners Podcast

Recently, I chatted with Andrew Sather and Dave Ahern of The Investing for Beginners Podcast. 

Andrew and Dave have a stated goal of Simplifying the Language of Money so that you can navigate the market with confidence! 

In addition to the podcast, their website has many wonderful resources, including practical guides for learning about investing and the stock market.

I enjoyed the experience, and it was fun to talk with guys that also are passionate about dividend growth investing! 

DVK Quality Snapshots

David Van Knapp [DVK] presented a simple yet effective quality scoring system for dividend growth [DG] stocks in this article. I adopted the system in late 2019 as the primary way to assess the quality of DG stocks. 

The system employs five widely used quality indicators from independent sources and assigns 0-5 points to each quality indicator, for a maximum of 25 points. 

While there are other factors I consider when selecting stocks for possible investment, I love the simplicity of DVK Quality Snapshots. It does a remarkable job identifying high-quality stocks!

Upcoming Ex-Dividend Dates: July 15-28, 2022

In this weekly article series, we summarize upcoming ex-dividend dates in a quick reference table. Our watchlist is Dividend Radar, a spreadsheet containing stocks with dividend increase streaks of five years or more. 

To earn the next dividend, you should buy a stock before its ex-dividend date, which usually is one business day before the record date. Unfortunately, if you wait until the ex-dividend date or thereafter, you won't receive the next dividend payment! Instead, the seller will receive the next dividend.

The Highest Quality Dividend Growth Stocks In 2022

I adopted the DVK Quality Snapshots in 2019 after reading this article by David Van Knapp on high-quality, high-yield DG stocks. This simple yet elegant system provides a quick way to assess the quality of dividend growth [DG] stocks. It employs five widely used quality indicators from independent sources and assigns 0-5 points to each quality indicator, for a maximum of 25 points.

In this article, I deploy DVK Quality Snapshots to find the highest quality DG stocks in Dividend Radar, an automatically-generated spreadsheet of DG stocks (trading on US exchanges) with dividend increase streaks of at least five years. I'm using the same stringent screens that DVK used in this June 2020 article and that I used in my update in August 2021. 

Monthly Review Of DivGro: July 2022

Every month, I write a review of my portfolio of dividend growth stocks, DivGro. 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 July, I executed several trades to consolidate positions, mainly to have like lots in the same accounts. DivGro is spread across five different accounts, and I wanted to hold each ticker in only one account rather than in multiple accounts. 

Eight DivGro stocks announced dividend increases in July. 

The net result of these changes is that PADI increased by about 2.3% in July. Year over year, PADI increased by 36.7%.

Upcoming Ex-Dividend Dates: July 29-August 11, 2022

This article series compiles a list of upcoming ex-dividend dates of stocks in Dividend Radar, a spreadsheet containing stocks with dividend increase streaks of five years or more.

We provide a summary table that includes relevant data and key statistics as well as the next payout and pay date. Also, we highlight one of the stocks with an upcoming ex-dividend date, providing a quality assessment as well as performance, earnings, and valuation charts.

To earn the next dividend, be sure to buy a stock before its ex-dividend date, which usually is one business day before the record date. Unfortunately, if you wait until the ex-dividend date or thereafter, you won't receive the next dividend payment. Instead, the seller will receive the next dividend.

Why Texas Instruments Is A Buy For Dividend Growth Investors

I consider Texas Instruments (TXN) one of the best dividend growth stocks to own. 

The company pays a generous dividend yielding 2.76% at $164 per share and has a stellar track record of dividend growth and share buybacks. While I expect a lower dividend growth rate of 10-12% going forward, that rate still easily outpaces the current rate of inflation, especially when reinvesting dividends. 

Texas Instruments has a great management team focused on growing free cash flow as the primary driver of long-term value. The team is disciplined in allocating capital and is a top performer when measured by returns on invested capital. The company is well-positioned to benefit from a rapidly growing semiconductor industry, especially in the industrial and automotive markets in which the company leads with market share in analog and embedded systems.

10 Dividend Growth Stocks For July 2022

Welcome to another 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 ten top-ranked stocks for further research and possible investment. 

To rank stocks, I determine quality scores using DVK Quality Snapshots and sort them in descending order, breaking ties with additional metrics.

This month, I'm presenting discounted stocks with high 5-year dividend growth rates [DGRs] and high 5-year trailing total returns [TTRs]. Every stock trades at least 10% below my risk-adjusted Buy Below prices. 

Upcoming Ex-Dividend Dates: July 15-28, 2022

This article series compiles a list of upcoming ex-dividend dates of stocks in Dividend Radar, a spreadsheet containing stocks with dividend increase streaks of five years or more. 

To earn the next dividend, be sure to buy a stock before its ex-dividend date, which usually is one business day before the record date. 

Unfortunately, if you wait until the ex-dividend date or thereafter, you won't receive the next dividend payment! Instead, the seller will receive the next dividend.

7 Dividend Growth Stocks For July 2022

In my monthly 7 Dividend Growth Stocks series, I present seven dividend growth stocks from Dividend Radar for further analysis and possible investment. 

I apply different screens every month to find a variety of candidates. For example, screening for stocks with higher yields will interest income investors, while screening for higher dividend growth rates will interest growth-oriented investors.

Last month, I picked the top dividend growth [DG] stock in each of the GICS sectors. I focused on DG stocks with safe dividends and strong income and growth prospects trading below my fair value estimates. For this article, I’m using the same screens, but I’m presenting the seven top-ranked stocks regardless of sector. 

Monthly Review Of DivGro: June 2022

Welcome to the monthly review of DivGro, my portfolio of dividend growth stocks. 

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 June, I added shares to three existing positions and eight DivGro stocks announced dividend increases. The net result of these changes is that PADI increased by about 1.1% in June. Year over year, PADI increased by 28.1%.

As for dividend income, in June I received dividends totaling $5,678 from 51 stocks in my portfolio, a year-over-year increase of 7%. So far in 2022, I've collected $24,267 in dividends, or about 56% of my 2022 goal of $43,200.