Monthly dividend update - March 2020

March 2020 - Monthly Dividend Update

Hello everyone, I am updating my dividend portfolio in March. I always keep a record of my dividend investing in google sheet. It helps me to understand my portfolio performance so that I can make the right decision of my trades. This will also give me an idea about my future performance. I also love to share my portfolio with everyone. In March 2020, I have received a total of $144.46 in dividends. This month was the best month for me in terms of dividend-paying. Most of my dividend paid stocks actually pay dividends at this part of the quarter. I have received $18 from BP, $17.67 from MMM, $15 from HD, and $12.35 from JNJ. This month my YOY dividend growth is 37.7%. Last year this month I received $106 in dividends. I am expecting dividend cuts from some of the positions that I am holding especially from the oil stocks that I am holding. The Kraft and Heinz may also cut the dividend. Other than that I am not expecting any dividend cut from any of my stocks that I am holding.

Dividends Received in March 2020

The following chart shows the dividends received monthly from my portfolio. The chart clearly indicates the growth of my monthly dividends with time.

Monthly dividend received since June 2017

The following chart compares my monthly dividends on a yearly basis. In the last month, I have received $146 while in the same month in 2019 I received $106 which is 37.7% YOY growth in income through dividends.

Comparison of Monthly dividends received in each year

The next chart shows the total amount of dividends received on a quarterly basis. My previous two years had seen an increase in dividends every quarter. This year I am also expecting a similar increase in dividends. At the end of the first quarter, I have received a total of $292.84. Last year in quarter 1, I received $235.01. So its a 24% YOY increase on a quarterly basis.

Dividend Income on a Quarterly Basis

On a yield basis, the current yield of my overall portfolio is 3.54% while my yield on cost (YOC) is 3.84%. My current yield increased because of the market crash. The yield is dependent on market performance. In the bear market, the yield always goes up while the YOC increases on a yearly basis because of the dividend hike each year. 

YOC vs. current yield with time

The chart below shows the average dividend income received monthly and the average amount of dividends received monthly. I am slowly increasing my passive income and if I continue to invest in the dividend-paying stocks it will only grow with time. 

The following chart and table below summarize my dividend distribution in the portfolio. The most percentages of dividends I am receiving are from Abbvie (ABBV), At&t (T), and 3M (MMM) stocks. In the next few weeks, I will add some Home Depot (HD), Johnson & Johnson (JNJ), Disney (DIS), Caterpillar (CAT), and Honeywell (HON) stocks. I will not add ABBV and T anymore because I am receiving 11 and 9% of my dividends from these two stocks respectively.

The following table shows the dividends that I received from my positions in each month. In March 2020, I have received dividends from mostly BP, HD, MMM, and JNJ.

The next table shows the total dividends received in 2020 from my positions. In March, I have received $146 and the chart will help me to keep a record of my yearly income.

The next table shows my dividend growth performance in 2020. Out of my 37 stocks, 17 of them already increased their dividends while no one cut their dividends yet. I am expecting that BP, XOM, and KHC may cut their dividends significantly. Mastercard (MA)  increased 21%, ABBV 10%, Home Depot (HD) 10%, Bristol-Myers (BMY) 10%, and Comcast (CMCSA) 10% in the current year which indicates a solid increase on my passive income.

Monthly dividend update - January 2020

January 2020 - Monthly Dividend Update

In January 2020, I have received a total of $62.34 in dividends. The table below shows the amount of dividends that I have received from the companies. This part of the quarter I receive the least amount of dividends. My highest paying company is JP Morgan (JPM) stock then followed by Medical Properties (MPW). This month my YOY is only 13%. I have added a few stocks of PPL corp and added GAP Inc (GPS) for a short time. Because of the addition, my dividends increased from the last quarter. 

The following chart shows the dividends received monthly from my portfolio. The chart clearly indicates the growth of my monthly dividends with time.

The following chart compares my monthly dividends on a yearly basis. In the last month, I have received $62.34 while in the same month in 2019 I received $54.7 which is 13% YOY growth in income through dividends.

The next chart shows the total amount of dividends received on a quarterly basis. My previous two years had seen an increase in dividends every quarter. This year I am also expecting a similar increase in dividends. 

On a yield basis, the current yield of my overall portfolio is 2.99% while my yield on cost (YOC) is 3.78%. For a dividend investor like me, YOC is an actual yield than the current yield. The current yield varies with the market condition. The bull market moves the yield lower and vice versa for the bear market. However, the YOC only increases with time if you invest in dividend growth stocks. If you only invest in these types of companies your YOC will only increase with time. 

My projected annual income in January 2020 is $1214.38. This month my dividend income increased by $40 in total. This is the first time my annual income crossed $1200 limit which was my first goal to earn $100 monthly from dividend income. That's a real passive income. I will keep investing every month and just imagine how much my monthly income will grow as time passes by.

The chart below shows the average dividend income received monthly and the average amount of dividends received monthly. I am slowly increasing my passive income and if I continue to invest in the dividend-paying stocks it will only grow. At the time of retirement, I don't need to rely only on my social security income.

The chart and table below summarize my dividend distribution in the portfolio. The most percentages of dividends I am receiving are from ABBV and T. I also invested in BP this month so my 3rd highest paying dividend stock is BP. I am planning to add more BP this month. I am also worried about the Kraft & Heinz (KHC) stock. They lowered their dividends last year and some analysts are saying that they will again lower the dividends. If they again decrease then my income will be lower. Its dividend safety score is only 29 so there is a high chance that they will cut their dividend again. So I am planning to make my position to less than half and will buy BP with that money. 

The following table shows the dividends that I received from my positions in each month. In January 20 I have received dividends from JPM, MPW, IRM, and PPL mostly. 

The next table shows the total dividends received in 2020 from my positions. So far this month I have received $62.34. This chart will help me to keep a record of my yearly income.

The next table shows my dividend growth performance in 2020. Out of my 33 stocks, 10 of them already increased their dividends. Bristol-Myers Squibb (BMY) and Chevron (CVX) increased their dividends 9.8 and 8.4% respectively compared to the last years 4 and 6% increase. ABBV, Mastercard (MA), and Comcast (CMCSA) also increase their dividends 10.3%, 21.2%, and 9.5% respectively.

Portfolio Update November 2019

Portfolio Update on November 2019

Today I am sharing my portfolio at the end of November 2019. I am holding 30 stocks in my portfolio. I will hold all the stocks for a longer time. My main aim is to invest in dividend growth company stocks and reinvest all the dividends that I am receiving. Last month I did not purchase any new stocks. Currently, I am holding cash and want to wait until the market pullbacks. I actually love to time the market rather buying stocks at random prices. It's always good to buy stocks at a discounted price because purchasing stocks at a lower price gives you the chance to purchase more stocks and hence more dividends. The chart below shows my current portfolio and sector distribution of my portfolio.

The pie chart below shows diversity. The chart indicates a well-diversified portfolio with Apple (AAPL) is my highest position. Apple's recent surge increased my holding percentage a little high. My next big holdings are JP Morgan (JPM), Abbvie (ABBV), Home Depot (HD), and 3M (MMM).

The sector distribution of my portfolio has been shown in the following pie chart. The sectors are based on Morningstar. My highest position is in the consumer sector with 21%. My second and third largest positions are in the healthcare and financial sectors respectively. Recent bull case in the healthcare sector pushed my position in healthcare to second position. My position in tech sector also went up because of the jump in Apple and Microsoft stocks in my portfolio.

The meter below shows my projected income in terms of dividends. On November 30th my projected income through dividend was $1079.89. I have set my first target to $100 per month from dividends which is $1200 per year. Compared to last month my dividend increased from $1068.32. The increase in dividends is due to the 10% increase in dividends from Abbvie (ABBV). 

The current yield of my portfolio is 2.91% while my Yield of cost (YOC) is 3.6%. 

The following figure shows the comparison of my current yield and the YOC with time. It shows that the YOC of my portfolio is going up while my current yield is below the YOC. Because I invest in dividend growth stocks that's why my YOC will keep increasing with time. However, Current yield depends on the market volatility. If the market is up the yield drops and if the market is down then the yield increases.

The following chart shows my growth in projected annual income with time. It is slowly but steadily increasing and reaching to achieve my first goal. 

The table below summarizes the dividends that I received in November 2019. This month I have received dividends from the top 2 largest paying companies Abbvie (ABBV) and At&t (T).

The following table shows the detailed performances of my portfolio. The current prices are based on November 30th 2019. So these prices does not reflect the current price in the market. In the chart, I have shared my current positions, annual income that I will receive in a year, total received dividends from the companies, and finally the gain or loss for each company. Please note that I have added the total dividends received to calculate the gain or loss. I am gaining almost all the stocks except KHC and ALB. My biggest gains so far are Mastercard (MA), Microsoft (MSFT), Procter & Gamble (PG), and Visa (V). I am invested for a long term in all the companies. 

Portfolio update on October 2019

Portfolio update on October 2019

Today I am updating and sharing my portfolio for the month of October 2019. All the prices in this article are based on November 1st, 2019. Currently, I am holding 30 stocks in my portfolio. I am looking to add new stocks in my portfolio to diversify my portfolio but I cannot find any stocks which are at a big discount. In October, I added MMM stocks in my portfolio. The market is up like crazy and I don't want to invest in this market. I am holding cash and have decided to wait for the market pullback. The chart below shows my current portfolio and sector distribution. 

The pie chart shows my portfolio diversity based on sectors from Morningstar. My highest position is in the consumer sector followed by the financial and healthcare sectors. 

The following chart shows my portfolio diversity and you can see that I have built a well-diversified portfolio with Apple (AAPL) my highest position followed by Home Depot (HD) and JP Morgan (JPM).

The meter below shows my projected annual income in terms of dividends. On October 31st my projected income through dividend was $1068.32. I have set my first target to $100 per month from dividends which is $1200 per year. Compared to last month my dividend increased from $1048 to $1068. The increased of $20 is due to the purchase of Exxon (XOM), 3M (MMM) stock and reinvestment of dividends. 

The current yield of my portfolio is 2.92% and the yield of cost is 3.6%. 

The figure below shows the comparison of my current yield and YOC with time. The curve shows that my YOC is higher than my current yield. The current yield depends on the dividend rises or drops and also on the bear or bull market. If the market is in bull mode then the yield will drop and in the bear market, it is vice versa. The yield on cost depends on the dividend rise and cut. So for longer-term YOC will gain and will be well above the current yield.

The following chart shows my growth in projected annual income with time. It is slowly but steadily increasing and reaching to achieve my first goal.

The mini table below summarizes the dividends that I received in the month of October 2019. My month was mainly dominated by dividends from JPM and Medical Prop. (MPW).

The following table shows the detailed performances of my portfolio. The current prices are based on October 31st, 2019, so the prices will vary compared to the current market. From the chart, you can see that my biggest gained stocks are Mastercard (MA), Microsoft (MSFT), Procter & Gamble (PG), and Visa (V). The only two stocks that I am losing are Albemarle (ALB) and Kraft & Heinz (KHC). However, I am expecting of a positive run of these two companies in the near future.

Dividend Received on October 2019

Dividends received in October 2019

In October 2019, I have received a total of $60.83 in dividends. The chart below shows the dividends that I received each month in 2019. This cycle I used to receive the least income compared to the other quarters. The majority amount of dividends I received in the last month was from JP Morgan (JPM) and Medical Properties (MPW). This month I have received dividends from my new addition PPL Corp (PPL) for the first time. 

The next table shows the total dividends received in 2019 from my portfolio. In total, I have received $753.48. 

The next table shows my dividend growth performance so far in 2019. The last column of the chart shows the change in dividends compared to the previous year. The box marked green indicates the percentage of dividends increased in the current year while the box with red means a decrease in dividends this year. In the last month, I got a dividend raise from Visa (V). They raised their dividends 20%. This year all the stocks in my portfolio raised their dividends except Kraft and Heinz (KHC). 

The chart and table below summarizes my dividend distribution in the portfolio. The most percentages of dividends I am receiving are from ABBV and At&t (T) with 10.1 and 8.6% respectively.

The following chart shows the dividends received monthly from my portfolio. The chart clearly indicates the growth of my monthly dividends with time.

The following chart compares my monthly dividends on a yearly basis. In October 2019, I have received $60.83 while in 2018 in the same month I received $42.62 which is 42.73% YOY growth.

The next chart shows the total amount of dividends received on a quarterly basis. This year my quarterly income remains the same but I am expecting an increase with this quarter because I sold some of my high yield BDC and REIT stocks in May and June and it took me some time to buy new stocks. the recent time I invested in MMM, PPL, and XOM, so I am expecting a good increase in my dividends this quarter.

So far my current yield is 2.98% and my yield on cost (YOC) is 3.59%. The increase in YOC is due to the dividend increase of some of my stocks. However, the current yield dropped because of the bullish market.

My projected annual dividends in October 2019 is $1068. My first goal is to earn $100 monthly which is $1200 a year. I am moving towards my goal gradually every month as you can see from the chart below. I am investing 8% of my salary monthly and also reinvesting all the dividends that I am receiving.