In December, I earned $334.98 of dividend income, which is my highest amount of monthly
dividends to date. Also, the current value of my portfolio finally crossed the $100k
milestone. As Charlie Munger says, the first $100K is a b****. That next $100k will come
a lot faster, thanks to the power of compound interest. Throughout this video, I’ll be
updating you on the progress of my long-term dividend stock portfolio, checking how I did
on my 2021 goals, and setting new goals for 2022.
My name is Zach and you should leave a like and subscribe to the channel if you enjoy
the video. These monthly portfolio updates have chronicled my dividend investing journey
since May 2020. They help hold myself accountable and hopefully can be a source of motivation
for others as well. Before I jump into the analysis, I’d like
to like to let everyone know that my dividend investing software is now available to the
public as a free beta test. This is what I use to analyze my portfolio, track my dividend
income, and research stocks. I made a full demo video on my channel and you can sign
up at dividenddata.com. With that said, let’s dive into the numbers.
My current portfolio value is $102,774, which is a 30.67% return on dollars invested. This
is up significantly from my last update as my 2 largest holdings have rebounded from
negative positions. I’m now in the green on Disney once again. I’m only down 6% on
AT&T, while I was down 12% last update. I believe AT&T is poised for a significant comeback
in 2022 after the WarnerMedia spinoff with Discovery. The rest of the portfolio is doing
pretty well. ExxonMobil, Apple, and Microsoft are still doing very strong. Kimberly-Clark
is now at a 12% total return and the problem of margin compression from pulp inflation
seems to be clearing up for 2022. Walgreens is up 18.5% and Federal Realty is up a whopping
88%. You can see the rest of my portfolio here.
The only new addition is that I bought 1 share of Visa. This is a company that I just did
a stock review video on. Definitely check that video out if you’re interested. I plan
on adding to this position, especially if the stock price declines. The diversification
of my portfolio is unchanged, with consumer defensive as the largest. This is followed
by consumer cyclical, technology, energy, communication services, etc.
Now, remember, Stock prices can be quite volatile and the main goal of this portfolio is to
build a source of growing earnings and dividend income for the long term. So let’s look
at my earned dividends. In total, my portfolio’s generated $4,216 in dividends. During the
year of 2021, I earned $2,731.11 in dividend income. My 3 month rolling average is $266.63.
If we project that into next year, I’m estimated to earn $3,199.56 in dividends. December was
my largest month ever with $334.98 earned. Notable payments included $131.13 from Exxon
Mobil and $56.28 from Walgreens Boots Alliance. This made Exxon Mobil my top-paying dividend
stock ever. In total it’s paid me $711.42 in dividends, which is 16.87% of my total
dividend income. I’ve reinvested all of this and if we go back to my portfolio page
we can that I’ve earned over 13 shares from reinvesting dividends. This is significant
and shows the dividend snowball at work. Let’s take a look at my upcoming dividends.
On January 4th, I’m going to receive $55.92 from Kimberly-Clark. On the 7th, $20.92 from
Pepsico. On the 10th, I’m getting $108.08 from Altria Group. Pretty excited to reinvest
those. Realty Income is paying $5.27 on the 14th and Federal Realty pays me $46.72 on
the 18th. That’s all my dividends for January, but I’ve got a giant one waiting for me
on February 1st. AT&T will pay a dividend of $260, which I’ll be reinvesting and likely
result in over 10 new shares in the company. So that wraps up the current state of my portfolio.
Now let’s compare to the goals I set at the beginning of the year. Goal number 1 was
to hit a portfolio value of $100k. Check! I passed that in December and doubled the
value of my portfolio year over year. Goal number 2 was to double the 3 month rolling
average of my dividend income. At that time, my 3-month rolling average was $178.80 so
I set my goal at $350. I missed this by a pretty wide margin, coming in at $266.63.
The main reason I didn’t hit this goal was that I shifted towards a focus on long-term
dividend growth. So for example, I bought more stocks with low starting yields and reliable
high growth like Apple, Microsoft, and Kroger. Also, I bought a large amount of Disney which
still has its dividend suspended. Over the long term, I think this will prove to be an
effective strategy and my interest in Visa is in line with this thinking. Don’t get
me wrong, I still like my high yielders when they’re at a good value. I bought plenty
of Altria Group this year. Goal number 3 was not investing-related, but to hit 100k subscribers
on Youtube. I missed this goal but still saw significant growth going from 38k to 87k subs.
I would say the main reason I missed this goal is because I spent a significant amount
of time programming and designing my dividend investing website. I had to learn so much
and I think it was a worthwhile effort. That said, I’m excited to refocus around YouTube
more in 2022. Speaking of 2022, let’s set some new goals.
Goal number 1 is to have my portfolio value hit $150k. Value can be very volatile, but
I think this is a realistic number to achieve. Goal number 2 is to hit a 3 month rolling
average of $350 in dividend income by the end of 2022. I will be able to hit this if
I grow my dividend income at the same rate I did over the last year. However, AT&T lowering
its dividend during 2022 will likely be a significant hit to my income. Goal number
3 is to hit 135k youtube subscribers. I will hit this if I gain the same number as I did
in 2021. Goal number 4 is to average at least 1 video per week. I want to be much more committed
to youtube and get back to doing my Stock Review videos. Those videos require a lot
of research, but I think are easily my highest quality content. Make sure to subscribe because
we’re going to be doing a lot more stock reviews.
Thank you for watching Dividend Data. I’d greatly appreciate it if you leave a like
and subscribe to the channel. If you follow me on Twitter, link in the description, you
can real-time updates of my buys and dividends coming in. You can support the channel over
on Patreon, where you can gain access to a community discord server. The link is in the
description. Please leave a comment below and thank you for watching!