In the month of January we continued our small purchases of companies already in our portfolio and made one larger purchase of TROW when it dropped significantly (though maybe slightly early). We purchased 1 share of AMGN for $226.69; 3 shares of AFL for $187.20; 10 shares of TROW for $1,597.00; 2 shares of ABBV for $271.96; 3 shares of MO for $152.67; 2 shares of OHI for $62.34; 2 shares of PRU for $221.12; 3 shares of VZ for $158.82; 2 shares of T for $50.52; 2 shares of WBA for $98.66; 2 shares of MET for $132.74; 2 shares of BMY for $129.68 and 1 share of INTC for $48.14. In total we purchased $3,337.54 worth of stocks this month.
For January 2022, the Divs4Jesus Portfolio received dividend income from nine different companies (SEIC, MO, LECO, GNTX, MSM, CMCSA, CIM, & FL). The total was $329.09. This was a 20% increase from January of 2021 where the total was $274.08. The increase was due to increased payments from all nine companies and despite no payment from SPG which paid out in December in 2021 instead of January. A great way to start the new year with a 20% gain from 1 less payout.
In 2021, Divs4Jesus increased its dividend income by 114% year over year. To see how it all went down click here.
Below is a list of all the stocks in our portfolio and their respective increases and or decreases in dividend payments from 2020 to 2021. We now have 45 stocks in our portfolio which is an increase of 6 from the 39 we had at the start of 2021. Out of these 45 stocks currently in our portfolio: (1) currently pays no dividend; (0) stocks saw a dividend cuts; (5) stocks did not increase their dividends; (1) resumed payments after suspending them in 2020; and (38) stocks did increase their dividend.
As compared to 2020 this was a nice bounce back from the cuts, and suspensions we saw at the start of the pandemic. Some of the numbers are a bit misleading as most of the larger increases like from AEG, SPG, FL, LEA are rebounds from prior cuts. Others though are real like VALE’s 500% increase (though likely a one off due to the pandemic). However, if we try to exclude of these skewed percentages that are more related to the pandemic then our solid winner for this year is AFL who increased their dividend 21.21% just beating out TROW (2020s winner with 18.4%) who topped their own 2020 increase at 20% in 2021.
Further, some that increased their dividends added a significant amount to the total dividends for the year. In particular was VALE’s dividend payments which ALONE equaled more than our entire 2020 total. Yes that’s not a typo – VALE paid out over $3,600.00 in dividends which put its yield over 20%. This was a side effect of the pandemic and the supply chain issues running the price of iron ore nearly 2x from the lows at the start of the pandemic. The price of ore has since halved so we don’t believe 2022’s dividends from VALE will be anything close to its record 2021 but so goes the ride when you invest in commodities. Lastly, we feel like we repeat this at the end of every year but VALE is a significant percentage of our portfolio both in market value and dividend income. And while we’ve made slow progress in the market value; we have brought it down from over 20% to under 15% (but we’d like to get it around 10% or less), in dividend income it again accounts for nearly 50%. We will take it when we can get it but we don’t want to be a one hit wonder and will continue to diversify out as we’d like no one stock to account for more than 10%-15% of our total yearly income.
For 2022 we hope the pandemic will continue to ease and the increases will continue.
2021 DIVIDEND INCREASES IN PORTFOLIO STOCKSBelow is a list of all stocks that are currently in the Divs4Jesus Portfolio. Please note some of these increases occurred prior to the purchase of the stock, however we still wanted to show the increases that happened in 2021.
In the month of December we continued our small purchases of companies already in our portfolio. We purchased 1 share of AMGN for $226.35; 5 shares of AFL for $292.35; 1 share of TROW for $197.17; 1 share of ABBV for $135.88; 3 shares of MO for $141.39; 4 shares of OHI for $118.84; 2 shares of PRU for $216.16; 5 shares of VZ for $259.60; 5 shares of T for $123.35; and 4 shares of AEG for $19.72. In total we purchased $1,730.81 worth of stocks this month.
For December 2021, the Divs4Jesus Portfolio received dividend income from twenty-five different companies (AFL, PSX, INTC, F, HON, LYB, JNJ, V, AMGN, SNA, EVR, WBA, CVX, MET, SWKS, RHI, FAF, NWL, TSN, PRU, LEA, TROW, EVC, AVGO, & SPG). The total was $491.66. This was a 11% increase from December of 2020 where the total was $444.73. The increase was due to new payments from AMGN, CVX, & FAF. A resumption of the dividend from F, SPG paying out in December this year which they did not do last year, and increased payments from the remaining payers. The increase is also despite of no special payment from MSM this year, which accounted for 38% of December 2020’s total payment so we’re really happy to see us beat the year over year.
This December payment put us well over the $7,000.00 mark for the year, with the total dividends in 2021 closing out at $7,241.99.
A full recap of 2021 and comparison year over year will be posted in the coming weeks.
In the month of November we continued our small purchases of companies already in our portfolio. We purchased 1 share of AMGN for $200.35; 2 shares of AFL for $108.98; 2 shares of V for $387.14; 2 shares of ABBV for $230.78; 3 shares of MO for $128.46; 2 shares of OHI for $55.40; 2 shares of PRU for $203.90; 5 shares of VZ for $252.95; 2 shares of WBA for $89.36; 3 shares of T for $68.04; and 2 shares of AEG for $8.76. In total we purchased $1,734.12 worth of stocks this month.
The increase was due to increased payments from T, AOS, TXN, ABBV, OHI, & MSM. Plus new payments from BMY and VZ.
As we turn to the last month of the year we’re shooting to cross the $7,000.00 mark in yearly income. Based on the December’s 2020 payments we should be able to hit it though December 2020 did have a large special payment from MSM which we’ll miss this year. However, with all the investments made throughout the year we’re hopeful we’ll be able to offset that one off.
In the month of October we continued our small purchases of companies already in our portfolio. We purchased 2 shares of AMGN for $413.56; 2 shares of AFL for $108.48; 2 shares of INTC for $96.79; 2 shares of ABBV for $227.70; 6 shares of MO for $266.10; 3 shares of OHI for $90.00; 2 shares of PRU for $223.68; 3 shares of VZ for $158.67; 3 shares of WBA for $141.63; and 1 share of AEG for $5.04. In total we purchased $1,731.65 worth of stocks this month.
This massive month was all due to a huge payout from VALE. VALE alone paid out over $2,000.00 this month. This was a regular dividend payment from VALE but the large amount was due mostly to iron-ore prices more than doubling during the pandemic. The spot price has since fallen to more normal levels so we unfortunately don’t expect repeat cash outs like this but no complaints when they come in. Further, comparing with last October there was no new payers this month and actually one less payment as SPG paid out in September this year instead of October.
Last month we noted we crossed our goal of $4,000.00 for the year. One month later we’ve now crossed $6,000.00 for the year. With two months left we’re going to see if we can cross $7,000.00. If we can. the real challenge then will be trying to top it in 2022.