Since early 2020, I’ve been sharing the progress of my long-term dividend growth stock
portfolio here on YouTube.
In that time, my portfolio’s value has grown from $30k to over $130k.
Every month I discuss my stock buys, sells, market news, and changes in investing strategy.
By subscribing, you get a front row seat to see what works and what mistakes to avoid.
This is my real money, that I’m investing for my financial future.
The goal is to grow a compounding source of dividend income, while getting a strong total
return.
This is reliable cash flow that I can choose to reinvest, save, or spend on bills.
With my strategy, I focus on buying stock in companies who reliably grow their dividends
on an annual basis.
On top of this, I reinvest all earned dividends to increase my ownership and future income.
Eventually, I’d like to grow my dividend income to over $100,000 a year.
That will take many years to reach.
My current projected dividend income sits at just over $3.7k.
That’s $10.24 a day in dividends.
In this video, I’m going to analyze my dividend growth stock portfolio, sharing all the stocks,
my new buys, and why my income will continue to grow.
Let’s roll the intro!
My name is Zach, this is Dividend Data, and you should leave a like and subscribe if you
enjoy the video.
Throughout, I’ll be using my stock research & portfolio tracking tool, which is available
at DividendData.com.
Here you can analyze stock financials and get unique dividend focused insights for your
portfolio.
If you want to try out dividenddata.com there is now a 14-day free trial.
Link in the description and pinned comment.
Now let’s dive into my portfolio.
The current value of my dividend portfolio sits at $131,072.
With $100,670 dollars invested, my total return is a 30.2% gain.
This account contains 14 total stocks.
Microsoft is my top holding, valued at $33.7k and a 38% gain.
This is followed by ExxonMobil at a value of $18.4k and a massive 226.37% gain.
Altria is my third largest, valued at $16.3k and a 10.57% gain.
Next ,is Disney at $10.2k and a large 42% loss.
This is one of my largest mistakes, but I’ve discussed that in other videos.
Broadcom is my 5th largest at a current value of $9.5k and a 50% total return.
Considering I just added Broadcom in early 2023, the stock has done very well.
After that I have T Rowe Price, Apple, Visa, Texas Instruments, Kroger, PepsiCo, Chevron,
Enterprise Product Partners, and ADP.
My portfolio is heavily concentrated with my top 3 holdings representing over 50% the
value.
Likewise, my sectors are weighted towards technology, followed by energy, and consumer
defensive.
These 14 stocks are projected to generate $3,736 in annual dividend income.
That is $934 every quarter, $311 monthly, $10.24 daily, and $0.43 hourly.
All my stocks pay on a quarterly frequency, so my dividends come in a 3 month cycle.
This September is my biggest month, with $458 in dividends.
This includes 8 stocks, with $51 from Broadcom, $31 from Chevron, $24 from Kroger, $68 from
Microsoft, $102 from TROW, $8 from Visa, and $145 from ExxonMobil.
October will be a big month at $366.
This is led almost entirely by the Altria Group, ticker symbol MO.
Altria stock pays $362 quarterly, making it my top dividend paying stock.
That is 38.86% of my annual projected dividend income.
Finally, November is my smallest dividend month with $109.
That is made up by 3 stocks: Apple at $12, EPD at $62, and Texas Instruments at $34.
Collectively, these dividend payments make up my projected annual income.
The great thing is that this income only continues to grow.
In fact, Altria just had a 4.3% dividend increase.
On top of dividend increases, I reinvest earned dividends to acquire more shares, increasing
my future income.
This is what us dividend investors call the snowball effect.
Altria is a high yield dividend stock, making the reinvestment even more powerful.
I’ve already earned 31.39 shares from dividend reinvestment.
We call these DRIP shares.
With my current Altria dividends, I’m projected to purchase at least 32 more shares over the
next year.
This principle of dividend reinvestment will be a big factor in my long-term returns.
Since starting my portfolio, I’ve earned $9,683 in dividends.
Year to date, I’ve earned $2,170.
This is on pace to beat my 2022 total of $3,297.
Here you can see my earned dividend history month by month.
This has continued growing overtime, despite significant changes in both the number and
types of stocks in my portfolio.
So far in September, I’ve earned $8.62 from Visa and $24.54 from Kroger.
As I mentioned earlier, I’ve got some big dividends coming over the next 2 months.
So what stocks have I bought since my last portfolio update?
Aside from reinvesting dividends, I have purchased very little.
I bought 4 shares of Disney at a cost per share of $82.39.
This stock still has its dividend suspended, but plans to bring back a “modest” payment
at the end of 2023.
Most of my other recent buys were detailed in my late August portfolio update.
If you want to learn more about how I find and research stocks, then I’d highly recommend
you watch that video.
If you’ve enjoyed the portfolio update leave a like and subscribe on YouTube.
You can sign up for DividendData.com to track your portfolio and research stocks just like
me.
There you will gain access to the exact tool I used throughout the video.
If the software helps you identify just 1 slightly better stock, then it pays for itself.
Thanks for watching!