October Portfolio Highlights

What a crazy month.  We had the market going up and down like crazy.  A few of my companies missed some of the expected Quartely EPS numbers.  Notably, KO, MCD and ARCP has to restate earnings for several quarters.  I did my best to take advantage of some of this craziness and was very busy with my dividend purchases.  Aside from ARCP (which has a legitimate problem), I take Q-EPS numbers with a grain of salt.  Very few things make or break a business in three months and nothing from MCD or KO report surprised me. These are issues they have been dealing with for a while and how they are handling them (or plan to) over the next few years is what matters.  However, I always love an over reaction that enables me to buy a solid business at a lower price!

It was a pretty good month.  I am continuing to look through the wreckage and attempting to find a few additional dividend gems.  The market seems to have responded pretty forcefully to the downturn with a pretty sharp recovery.  However, I can’t worry about that.  There are several positions that I would like to add/increase and will do so as I am able.

Dividends

Last year I received $122.14 in dividends.  This year I increased that by over 100% and ended with $263.63.  My dividends for this month was 5% higher than July.  Slowly but surely heading in the right direction!  I wont be able to get such a large increase going forward (even to next quarter), but I would be very happy if I was able to increase it by 5% per quarter.

You can see my Progress page for additional information.

Dividend Increases

It was a quiet month for dividend raises.

Raises
Company %
AFL 5.4
OHI 1.9 (8.33% YTD)

So far 38 of 43 companies have given me raises this year. BP raised it earlier this year.

New Positions

After the market took a dip, I looked into a variety of the hardest hit companies.  Including KMI, CVX, COP, XOM and BP.  I have had my eye on BP for a while, but didn’t pull the trigger.  It appears that most of the issues relating to there oil spill are being resolved and there earnings are quite robust.  I took the opportunity to add it to my portfolio (with additional large purchases of CVX and XOM).

Added Positions

I bought an additional 1% of CVX, XOM and AFL during the brief downturn.

I have added cash steadily to my Loyal 3 Positions and it has been a pretty solid month.

Additions
Company Shares
AFL 20
BP 25
DPS .3958
K 1.1986
MAT 7.2418
MCD .2739
UL 4.8233
WMT .9817

I have returned my ROTH account to a drip because I don’t accumulate enough cash in there to be doing anything but reinvesting.

Dividend Decreases

None.

Sales

None.

Conclusion

I feel like I did a good job taking advantage of Mr. Markets bi-polar activity this month.  I could have bought a few other companies at good values, but didn’t pull the trigger fast enough.  That is okay, I have plenty of time to make up for it.

After all of this months activity, I raised my 12 month forward dividends to from $4358.9 to 4557.88.  An almost $200 increase, which leaves me less than $300 from my next milestone  Fortunately, most of the positions I added pay out in December, so that will be a nice Christmas present!

How was your month?

Disclaimer: Long all stocks mentioned

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5 Responses to October Portfolio Highlights

  1. DivHut says:

    I think October will be a month none of us forget for a long, long time. What many have called the beginning of a long bear market was simply a fast drop with an equally fast rise. Who could know on a day to day or week to week basis. I guess this is why we invest in terms of decades. These market fluctuations simply don’t matter as long as the dividends keep rolling in. Looks like another great month of passive income for you. Keep up the good work and look forward to your next update.
    DivHut recently posted…Recent Stock Purchase II – October 2014My Profile

  2. Pretty solid month, and great job with the doubling of last year’s dividend amount! I totally missed the boat earlier this month with the exception of one purchase. I had a rollover heading into my DG portfolio, and it just came at the end of the month, instead of two weeks earlier! Cost me some opportunities, but fortunately some positions I’ve been watching are still depressed.

    I see the $5,000 mark in the not to distant future! Keep on grinding!

    • ILG says:

      Thanks W2R! There will be plenty of time to make some purchases! Maybe in a month things will be better than 2 weeks ago =)

      Take it easy!

  3. ILG,

    Looks like you had a great month. Adding $200 to your forward dividend total is just awesome.

    Great buys too. BP and AFL seem like some of the better values in the market right now.

    Keep up the great work!

    Best regards.
    Dividend Mantra recently posted…My Watch List For November 2014My Profile

    • ILG says:

      Thanks DM! It is great to be able to see results easily, instead of just waiting for appreciation and then selling at the right time. And then buying at the right time… I’m not smart enough for that =)

      Take care! Thanks for stopping by!