Quarterly Review Of DivGro: Q3 2020

Welcome to the 31^st quarterly review of DivGro, my portfolio of dividend growth stocks.

My 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. While these reviews are mostly informational, they help me to track progress over time.

Now in its eighth year of existence, my portfolio generated more than $7,540 of dividend income this quarter and I'm projecting dividend income of at least $8,140 per quarter going forward.

Home Run Number 24

In August I celebrated three home runs, a designation I give to any stock in my portfolio when its total returns exceed my initial investment for the first time. 

Salesforce.com (CRM) became my 21^st home run stock when it exploded higher following stellar earnings. Shortly thereafter, Procter & Gamble (PG) became my 22^nd home run, and Taiwan Semiconductor Manufacturing (TSM) achieved the feat a day or so later, becoming my 23^rd home run stock.

Today I'm presenting DivGro's 24^th home run stock. Like CRM, it is a growth stock that doesn't pay dividends, yet. I call these my future dividend growth stocks!

The 65 Dividend Aristocrats Ranked By Quality Scores

The S&P 500 Dividend Aristocrats Index is a list of 65 companies in the S&P 500 that have increased their dividends for at least 25 consecutive years.

I ranked the Dividend Aristocrats using DVK Quality Snapshots and tie-breaking metrics and presented them in three articles covering defensive, sensitive, and cyclical supersectors. 

This article wraps up the series with a presentation of all Dividend Aristocrats ranked by quality scores and some observations about portfolio management and diversification. I provide a downloadable spreadsheet with fundamental and added value metrics for all Dividend Aristocrats.

Dividend Changes: October 17-23, 2020

In this article series, we provide a weekly summary of dividend changes. 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.

I co-produce this article series with James Marino Sr of Portfolio Insight, who helps with compiling the ex-dividend dates for the next two weeks.

Dividend Aristocrats In The Cyclical Sectors

The S&P 500 Dividend Aristocrats Index is a list of 65 S&P 500 companies with dividend increase streaks of 25 or more years. 

Recently, I used DVK Quality Snapshots and tie-breaking metrics to rank all 65 Dividend Aristocrats. In one article, I presented 21 Dividend Aristocrats classified as defensive stocks, and in another article, I presented 20 Dividend Aristocrats from the so-called sensitive sectors. 

This article presents the final 24 Dividend Aristocrats, this time from the cyclical sectors: Consumer Discretionary, Financials, Materials, and Real Estate.

An upcoming article will wrap up the series with observations about portfolio management and diversification. I will also provide a spreadsheet containing key metrics and fair value estimates of all the Dividend Aristocrats.

Dividend Changes: October 10-16, 2020

In this article series, we provide a weekly summary of dividend changes. 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.

I co-produce this article series with James Marino Sr of Portfolio Insight, who helps with compiling the ex-dividend dates for the next two weeks.

Expired Options (October 2020)

After options expire, I post an article to summarize the expirations and to discuss any actions I took. If relevant, I also present potential replacement trades for expired options.

Several options I'd previously sold were slated to expire on Friday, 16 October, including a few in the money options. To avoid assignment, I rolled forward most of those in the money options. 

But I also decided to let one put option expire. I'm quite happy to buy the underlying shares, as my effective cost basis is well below the current share price! 

10 Dividend Growth Stocks For October 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. 

I use DVK Quality Snapshots to obtain quality scores and rank stocks by breaking ties with additional metrics. 

This month, I'm presenting stocks with the highest defensiveness scores. As described in an article by David Van Knapp, the new scoring system considers four safety indicators and assigns 0-3 points to each indicator, for a  maximum of 12 points. The total score is considered the defensiveness score of the stock. 

Dividend Changes: October 3-9, 2020

This weekly article series covers dividend changes. 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.

I co-produce this article series with James Marino Sr of Portfolio Insight, who helps with compiling the ex-dividend dates for the next two weeks.

Monthly Review Of DivGro: September 2020

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. Additionally, I look at how the month's activities have impacted DivGro's projected annual dividend income (PADI).

In September, I opened one new position and added shares to two existing positions. Ten DivGro stocks announced dividend increases in September. The net result of these changes is that PADI increased by about 2.1% in September. Year over year, PADI increased by 22%.

As for dividend income, in September I received dividends totaling $4,094 from 46 stocks in my portfolio, a year-over-year increase of 22%. I'm happy to say this amount sets a new record for dividend income in a single month!

So far in 2020, I've collected $21,659 in dividends or about 80% of my 2020 goal of $27,000.

Options Update: September 2020

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

I sell covered calls and put options for options income, which is then redeployed to buy dividend growth stocks. Doing so indirectly boosts DivGro's ability to generate dividend income. 

I had a good month in September, but I'm still very far from achieving my 2020 goal of collecting at least $24,000 in options income.

Dividend Changes: September 26-October 2, 2020

This weekly article series covers dividend changes. 

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.

I co-produce this article series with James Marino Sr of Portfolio Insight, who helps with compiling the ex-dividend dates for the next two weeks.

Dividend Aristocrats In The Sensitive Sectors

There are currently 65 dividend growth stocks in the S&P 500 Dividend Aristocrats Index, a list of S&P 500 companies that have increased their dividends for at least 25 consecutive years. 

Recently, I used DVK Quality Snapshots and tie-breaking metrics to rank all 65 Dividend Aristocrats and presented 21 categorized as defensive stocks. 

This article presents 20 additional Dividend Aristocrats, this time from the sensitive sectors: Communication Services, Energy, Industrials, and Information Technology.

An upcoming article will present the remaining 24 Dividend Aristocrats, considered to be cyclical stocks. 

Finding Undervalued Dividend Growth Stocks Using Dividend Radar's New Added Value Metrics

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

In May, we introduced Dividend Radar, a weekly auto-generated spreadsheet of dividend growth stocks with dividend increase streaks of at least five years. Based on community feedback, we recently added two new added value metrics to Dividend Radar, the 5-year average yield and the percentage above or below fair value.

This article introduces these added value metrics and illustrates how they can be used to find undervalued dividend growth stocks for further research and possible investment.

Dividend Aristocrats In The Defensive Sectors

The S&P 500 Dividend Aristocrats Index is a list of companies in the S&P 500 that have increased their dividends for at least 25 consecutive years. 

Recently, I ranked the 65 Dividend Aristocrats using DVK Quality Snapshots and tie-breaking metrics. This article presents the rankings of 21 Dividend Aristocrats in the defensive sectors: Consumer Staples, Health Care, and Utilities. 

Upcoming articles will present the rankings of 44 additional Dividend Aristocrats in other sectors.

Dividend Changes: September 19-25, 2020

This article series provides a weekly summary of dividend changes.

A summary table 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.

I co-produce this article series with James Marino Sr of Portfolio Insight, who helps with compiling the ex-dividend dates for the next two weeks.

Dividend Changes: September 12-18, 2020

This article series provides a weekly summary of dividend changes.

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.

I co-produce this article series with James Marino Sr of Portfolio Insight, who helps with compiling the ex-dividend dates for the next two weeks.

Expired Options (September 2020)

I had several options that expired on Friday, 18 September. After options expire, I post an article to summarize the expirations and I discuss any actions I took. If relevant, I also present potential replacement trades for expired options.

Earlier last week, one of the in the money put options I'd sold got assigned. While an early exercise is surprising, I'm happy with the outcome. I now own 100 shares of Public Service Enterprise Group Incorporated (PEG).

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

10 Dividend Growth Stocks For September 2020

Welcome to another edition of my monthly series of 10 Dividend Growth Stocks, in which 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'm presenting investment-grade stocks whose current dividend yield is above the 5-year average dividend yield by at least 5%. Additionally, I limited my search to stocks with dividend increase streaks of at least 10 years, and I screened for stocks with yields of at least 3% and with 5-year dividend growth rates of at least 7%.

Dividend Changes: September 5-11, 2020

This weekly article series covers dividend changes. We provide a summary table with relevant data and key statistics of dividend increases. We also provide a table of ex-dividend dates for the next two weeks and highlight an interesting candidate for your consideration. 

I co-produce this article series with James Marino Sr of Portfolio Insight, who helps with compiling the ex-dividend dates for the next two weeks.

Options Update: August 2020

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

When selling covered calls and put options, I receive options income that I redeploy to buy dividend growth stocks. My options trading activity indirectly boosts DivGro's ability to generate dividend income. 

I had another great month in August. While the options income I collected is a welcome addition to my portfolio, unfortunately, I'm still very far from achieving my 2020 goal of collecting at least $24,000 in options income.

Dividend Changes: August 29-September 4, 2020

This weekly article series covers dividend changes. We provide a summary table with relevant data and key statistics of dividend increases. We also provide a table of ex-dividend dates for the next two weeks and highlight an interesting candidate for your consideration. 

I co-produce this article series with James Marino Sr of Portfolio Insight, who helps with compiling the ex-dividend dates for the next two weeks.

Monthly Review Of DivGro: August 2020

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 consider the impact on DivGro's projected annual dividend income (PADI).

In August, I opened one new position and added shares to four existing positions. Four DivGro stocks announced dividend increases in August. The net result of these changes is that PADI increased by about 1.9% in August. Year over year, PADI increased by 20.5%.

As for dividend income, in August I received dividends totaling $1,674 from 21 stocks in my portfolio, a year over year increase of 4%. So far in 2020, I've collected $17,565 in dividends or about 65% of my 2020 goal of $27,000.

Dividend Changes: August 22-28, 2020

This article series provides a weekly summary of dividend changes.
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.

I co-produce this article series with James Marino Sr of Portfolio Insight, who helps with compiling the ex-dividend dates for the next two weeks.

5 High-Quality Dividend Growth Stocks I Don't Own

Using DVK Quality Snapshots, I assess the quality of dividend growth stocks in Dividend Radar, a weekly auto-generated spreadsheet of stocks with dividend increase streaks of at least five years.

Stocks with quality scores of 23-25 are high-quality stocks and I rate them Excellent (23-24) and Exceptional (25). There are 31 Excellent and 7 Exceptional stocks in Dividend Radar.

I own all but 5 of these high-quality stocks. This article explains why I don't own these stocks and what would need to happen before I would consider opening positions.