DIVIDEND REPORT :: MARCH 2021

For March 2021, the Divs4Jesus Portfolio received dividend income from twenty different companies (AFL, PSX, V, INTC, SWKS, JNJ, SNA, PRU, EVR, WBA, HON, RHI, NWL, MET, TSN, LYB, VALE, TROW, EVC, and AVGO). The total was $1,298.68. This was a 526% increase from March of 2021 where the total was $207.55.

This marks the first time the Portfolio has hit the four figures mark for any one month. It’s also more income than the Portfolio received in it’s first entire year just a short three years ago.

The heavy lifting was done this month by VALE who paid out $979.02 itself. Last year, due to COVID VALE paid out their March payment in August, however it was significantly less. The remainder of the March dividends came from new payments from AFL, INTC, JNJ, HON, & MET. Increased payments from V, SWKS, PSX, SNA, PRU, EVR, WBA, RHI, NWL, TSN, LYN, LEA, & TROW. EVC and AVGO also paid out in March this year instead of April like last year. And lastly, in spite of no payments from F, or SPG this March.

As noted prior, we except the year over year percentages to vary wildly from month to month as the pandemic threw off the typical months a bunch of our companies payout.

DIVIDEND REPORT :: FEBRUARY 2021

For February 2021, the Divs4Jesus Portfolio received dividend income from five different companies (T, TXN, AOS, ABBV, and OHI). The total was $135.87. This was a 193% decrease from February of 2021 where the total was $398.97. As noted in the January post, this was expected as FL, CIM, and MSM all paid out in January this year as opposed to their typical February payment. Further, MSM last February paid out their regular dividend plus a special one-time dividend of $5/share which really boosted Feb 2020s total. We hope to turn things around in March and get back to seeing increases yr/yr.

As noted prior, we except the year over year percentages to vary wildly from month to month as the pandemic threw off the typical months a bunch of our companies payout. As such, the yearly total will be most important to beat.

DIVIDEND REPORT :: OCTOBER 2019

For October 2019, the Divs4Jesus Portfolio received dividend income from five different companies (EVC, AVGO, MO, GNTX, and CMCSA). The total was $97.56. This was a 42% increase from October 2018 where the total was $68.57. It was great to see an increase even as we lost the income from GME’s dividend suspension and TROW which was paid out in September this year instead of October. The increases were attributed to DRIPing and/or dividend increases from EVC, GNTX, and CMCSA; plus new payments from AVGO and MO. After two months in in negative for year over year growth, we are glad to see a strong increase for October.

We are hoping to close out the year strong and still beat out last year’s total. Originally we were targeting to crack $2,000.00 at the beginning of the year however, we will be content with surpassing 2018’s total in light of the fact both VALE and GME suspended their dividends in 2019. Those two stocks accounted for 62% of the total income generated in 2018. So losing 62% of our income, but still coming out ahead will suffice for now. Further, it will be a giant boost to the portfolio once these stocks resume payments (likely for VALE not likely for GME anytime soon).

DIVIDEND REPORT :: JUNE 2019

DIVIDEND REPORT :: JUNE 2019

For June 2019,  the Divs4Jesus Portfolio received dividend income from nine different companies (F, V, SWKS, WBA, TSN, NWL, LYB, PRU, & AEG). The total was $121.60. This was a 48% increase from June 2018 where the total was $81.99. The increase was due both to new stocks added to the portfolio since last year, as well as repeat payments from F, V, and TSN. The 48% increase is great to see since the Portfolio had another dividend suspension this month. GME has suspended its dividend indefinitely as it tries to figure out a path for the future. The Divs4Jesus Portfolio has now lost its two biggest dividend paying stocks; GME and VALE. GME’s looks gone for the foreseeable future, but I hope to see VALE’s resumed before the end of the year if it gets its dam and safety issues under control. The good news is even without these two top payers the portfolio is ahead of where it was last year. Through continued diversification we still hope to top our total dividends from 2018.  Let’s see how the second half the year turns out for the Divs4Jesus portfolio.

Over 1000% Dividend Growth Year over Year for February

February 2018 was the first month the Divs4Jesus Portfolio received a dividend payment. The payment was $7.26 from one company, OHI, and was the only amount received that month. Fast forward one year and for February 2019 the D4J Portfolio received a total of $84.26 in dividend payments. This time the payments came from three separate companies: CIM; T; and OHI.  A total increase of $77.00 over the prior year’s amount and a massive 1,060.61% increase on a percentage basis. Of course, this is almost completely due to additional capital contributions over 2018 and will surely level off to much smaller increases in the future, but it’s a good motivator to show that sticking to a routine and  a savings strategy can produce solid returns.

In fact, OHI’s dividend payment was $0.47 greater than the year before or a 6.47% increase year over year. This was despite that fact that there was no increase in dividends payments. The increase was simply due to DRIPing the dividend payments throughout the year, which D4J didn’t actually institute until May 2018. AND YES – this is not a “true” growth increase as dividend payments from OHI were ‘money in hand’ to do as we please… so investment of the “new” OHI capital should not be looked at as growth. However, we track the DJ4 account using the three Cs: 1. YIELD ON CASH – dividends vs the actual dollar amount contributed into the D4J Portfolio; 2. YIELD ON COST – dividends vs the actual dollar amount transferred into the D4J Portfolio + the cost of all DRIP purchases and 3. YIELD ON CURRENT – dividends vs current market value of the D4J Portfolio.

And we are always happy to see our Yield on Cash increasing.

2018 Dividend Increases In Portfolio Stocks

Below is a list of all the stocks in our portfolio and their respective increases. Out of the 19 stocks currently in our portfolio: (0) stocks which saw a dividend cut; (5) stocks did not increase their dividend; and (14) stocks did increase their dividend. Please note the month of increase is based off the pay date not ex-div date or announcement of the increase.

2018 DIVIDEND INCREASES IN PORTFOLIO STOCKS

Below 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 were had in 2018
TickerBeforeAfter%Month of Increase
AVGO 1.752.6551.43%DEC
SWKS0.320.3818.75%AUG
NWL0.230.230%
MO0.660.821.21%APR, AUG
GNTX0.10.1110%FEB
PRU0.750.920%MARCH
TROW0.570.722.81%FEB
LYB0.9111.11%MAR
T0.490.52.04%FEB
CMCSA0.15750.1920.63%APR
TSN0.2250.333.33%JUN
EVC0.050.050%
GME0.380.380%
AEG0.130.147.69%SEP
F0.150.150%
V0.1950.2528.21%MAR, DEC
CIM0.50.50%
OHI0.650.661.54%FEB
VALE0.41230.508123.24%YR

Dividend DRIP

DRIPing

In the past I have preferred to accumulate all dividends that are distributed to me in my brokerage account. Then once a year or every other year I’d make a substantial position in a new stock. Typically, that stock or investment would be of higher risk. Mostly because, in a way, I felt like it was “free” money (as long as my underlying positions in the stocks where the dividends came from were performing well). Some of these ‘bets’ paid off and others did not.

However, since my focus now is more on accumulating a portfolio that will provide me with solid passive income in the some what distance future there is no need to make ‘bets.’ Instead, I’m better severed allowing all dividends to DRIP. Why is that??

The benefits

  1. It’s a more, set it and forget it attitude, if you will. I don’t have to worry about making a purchase or researching a stock. Automatically once a dividend is distributed my brokerage purchases the stock.
  2. It saves on brokerage fees. DRIP is feel for the stocks I own.
  3. In a way, I see it as lowering my cost-per-share in the underlying stock. For example if I purchase 100 shares of a stock at $15 a share my cost basis is $1,500.00. But if that stock pays me 10% yield and the dividends are DRIPed, one year out I have 110 shares (assuming no change in price for simplicity’s sake). So my cost/share would be down around $13.64 ($1,500/110). Of course that $150 in dividends were really mine to spend. So technically it’s not lowering my cost-per-share. But since my hands are never on the cash and I’m not physically putting in new capital to purchase shares but getting. I chose to view it as lowing my cost-per-share. However, for this site, I track portfolio percentage gains/losses with and without dividend payments. If I don’t show DRIP purchases as increasing my cost basis it would be double dipping the dividends included number. As such, I will need to show it.  Though now I think I will need to add a CASH basis calculation as well.
  4. Forced savings – if I took all the dividends as cash I may be inclined to use them for something other than investments.

As such, as of this May I have started DRIPs on all the stocks I own. Going forward I’ll record this in two different spots – in my Stock Purchases (noted as a DRIP) and  of course in my Current Portfolio.