September 2015 Portfolio Updates

My goal was to write this post  last week but as usual work got in the way.  Better late than never!

In my last post I provided an update on my dividend income received during the month of September, 2015 which was a personal record.  Now it’s time to look at the overall progress I made in my two dividend growth portfolios in September including contributions, buys, performance and progress against goals.

Dividend Empire Portfolio

The Dividend Empire portfolio is a gift to my descendants and will hopefully turn into a true empire – providing passive income over many generations.  My goal is to contribute at least $15k per year ($25k this year) over my working years and then pass the portfolio on to my children (who will hopefully continue contributing).  Here is an overview of the progress I made in September in this portfolio:

September 2015 Empire Portfolio Progress

 

My Empire portfolio rebounded a bit in September after “losing” $1,335 in August.  The portfolio had an unrealized gain of $180 overall.  The other positive for September was my record $97.05 in dividend income!  The majority of this was reinvested in the companies that paid the dividends to keep the snowball rolling.

Finally I am very sad to report that I only contributed $50 to this portfolio last month – just my two automatic Loyal3 investments in HSY and MCD.  This is a far cry from my typical $1-2k per month I have been pumping into this portfolio and it couldn’t have come at a worse time with so many stocks on sale.  I hope to turn this around in a big way over the next couple of months.

 

 

Stock Purchases

I made 10 purchases in the Empire portfolio in September: 1 new position, 2 Loyal3 monthly buys and 7 DRIPs.

  • 9/1/2015 – 0.114 shares of UPS (DRIP)
  • 9/1/2015 – 0.362 shares of WFC (DRIP)
  • 9/1/2015 – 1.671 shares of F (DRIP)
  • 9/7/2015 – 0.2721 shares of HSY (Loyal3)
  • 9/8/2015 – 0.2594 shares of MCD (Loyal3)
  • 9/10/2015 – 130 shares of AMNF (New purchase)
  • 9/10/2015 – 0.202 shares of XOM (DRIP)
  • 9/10/2015 – 0.132 shares of EMR (DRIP)
  • 9/16/2015 – 0.734 shares of SSI (DRIP)
  • 9/29/2015 – 0.143 shares of TROW (DRIP)

With these purchases I increased my forward income by $15.67:

September 2015 Empire Forward Dividend Income Progress

Best and Worst Performers

As part of my monthly review of my portfolios I like to look at the monthly performance of each stock (including dividends).  While I typically only care about company fundamentals this is always fun to keep track of:

September 2015 Empire Best and Worst Stocks

Progress Against Goals:

I provided an update on my dividend related goals in my previous post.  The one remaining annual goal for the empire portfolio is to have an account value over $25k by the end of the year.  Here is where I am at:

September 2015 Empire Account Value Progress

This is not good.  A couple of months ago this goal seemed like a sure thing.  After the last two months of poor contributions I am quickly approaching the danger zone.  I need to contribute just over $1k per month for the rest of the year to make this happen.  Time to have a garage sale!

 

Dividend Retirement Portfolio

The Dividend Retirement portfolio is a portion of my 401k dedicated to dividend growth stocks and will be used to fund my early retirement and will eventually merge with my Empire portfolio.

September 2015 Retirement Portfolio Progress

Just like the Empire portfolio, my Retirement portfolio made a partial recovery after losing over $5k in August.  I received about $380 in dividend income – by far my highest total to date.

My contributions were not as high as usual but there is a good explanation for this.  In the past the majority of contributions came from mutual fund sales – the ongoing conversion of part of my 401k to a self directed account devoted to dividend growth investing.  Last month I decided to not sell any of my funds for two reasons: I had plenty of cash on hand already and I’m hoping to be able to sell my remaining mutual funds at a better price.

Contribution Sources:

  • Mutual fund sales: $0
  • Pre-tax deductions: $1624.34
  • Dividends: $379.78

 

Stock Purchases

I am really kicking myself for my lack of activity when stock prices were low.  I was just too busy to research and take advantage of all the opportunities.  I only made 4 purchases last month: 1 new position, 1 DRIP and 2 automatic pre-tax deductions to purchase AMGN shares.

  • 9/1/2015 – 20 shares of PEP (New purchase)
  • 9/8/2015 – 0.0846 shares of AMGN (DRIP)
  • 9/11/2015 – 0.0843 shares of AMGN (Auto deduction)
  • 9/25/2015 – 0.0922 shares of AMGN (Auto deduction)

These purchases gained me $71.77 in forward annual income, bringing my total up to $2452.83.

September 2015 Retirement Forward Dividend Income Progress

 

Best and Worst Performers

September 2015 Retirement Best and Worst Stocks

It was nice to see some recovery in UNP and CVX since they were really dragging my portfolio value down

Progress Against Goals:

I set 4 goals for this portfolio in 2015: receive $1,500 in dividends, diversify across all sectors, own 30 different companies and have a portfolio value of at least $100,000.00 by the end of the year.

1. Receive $1,500 in dividends: maybe

2. Diversify across all sectors: I am still missing telecommunications and utilities (SO is on my watchlist)

3. Own 30 different companies: I am up to 26

4. Portfolio value of at least $100,000.00

September 2015 Retirement Account Value Progress

 

Although last month brought me closer to the goal pace this goal shouldn’t be a problem for me.  I will most likely resume selling off my mutual funds soon which will provide the needed boost.

While I am very pleased with my dividend income progress I need to ramp up my contributions and purchasing.  Hopefully this month I can identify some deals and get back on track.  Hope everyone is having a great October so far!

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7 Responses

  1. DE,
    Its nice to see you posting again! 10 new purchases is pretty good considering that most are from DRIP. Thats money making money! Garage sale sounds like a good plan. I’m currently considering selling my motorcycle..haha… I’m looking in the coming months to buy up some more great companies like Boeing, 3M, JNJ, PG at reasonable prices. Stay in touch and keep it up.
    Take care,
    LOMD

    • Dividend Empire Dividend Empire says:

      Thanks LOMD. Sell the bike!! I sold my Ninja 500 a few months ago and it funded my Ford purchase :). I like your list of companies – especially BA. Thanks for stopping by.

      Ken

  2. vivianne says:

    wow, the portfolio went straight up! I didn’t receive much from my parent. In fact I am doing the opposite, supporting my dad. I think it is really cool that you started this fund.

    I read an article today regarding Chinese rich 2nd generation (fu yi dai) with money is wasting their parents money. I’m wondering how having a big chunk of wealth would affect the 2nd gen of FIRE community. :)

    • Dividend Empire Dividend Empire says:

      Thanks Vivianne. My goal if for my children to have better lives than me and this is a good start.

      Take care,

      Ken

  3. Div4son says:

    Thanks for sharing. I know what you mean about work. Boy, it’s busy for me this last couple of months. Anyway, I am sure the stock sale will continue. In any case, from the perspective of both of your portfolios which are very long term, these dips are nothing.
    D4s

    • Dividend Empire Dividend Empire says:

      Yup it’s been crazy. I’m going to take some time this weekend to get caught up and maybe run some screens. Hopefully we’ll get some more sales next week.

      Take care,

      Ken

  4. JM says:

    Looking forward to your November screen/watchlist!!!

    Hopefully people will start selling off their losses for the end of the year tax harvesting allowing us value investors to take advantage!!!

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