Growth Update: July 2014

July showed us some volatility in prices as the month ended lower for the first time in a while.  The S&P 500 even had the lowest weekly decline since 2012.  But that’s just noise and even opportunity as I continued to add to my holdings.  I initiated positions in two companies; healthcare giant Johnson & Johnson (JNJ) and lesser known dividend contender and water technology leader A. O. Smith Corporation (AOS).  My purchases helped me shatter my first 2014 goal, which was amount of new capital invested.   I’ve now invested $20,121.06 while my goal was $17,500.  This is such an important victory for me as I’m a freelance television editor and long gigs are hard to come by in this industry.  In early 2014, I had no way to predict I would have such steady and rising income for so long this year.  I’m still going to follow this goal to help me predict next year’s numbers.

2014-July-Goals-newcapitalinvested

With all the noise in the market, my portfolio value took a hit, but it doesn’t matter to me at all.  By consistently investing in fairly valued companies that grow dividends, I’ll be able to take much bigger blows in the future.  As long as the fundamentals of my companies don’t change and they continue to grow, I’m holding on forever.  I’ve been investing over a year, and now that I’m finally starting to see my year-over-year stats, I’m changing how a few of my charts look going forward.  With my July capital contributions, my portfolio value increased 13.26% from June’s $22,395.40 to $25,365.07.

2014-July-PorfolioValueHistory

My dividend payouts in July weren’t very impressive;  however, I did see the power of my dividend reinvestment plan as the change from last quarter in April was $41.38 to $42.50 or 2.71%.  Not bad for doing nothing.  Next quarter, my additional shares of BAX and AOS will help increase my totals.  I also realized a personal milestone.   I received my first dividend in July of last year.  So now, 12 months later, I get to see my first Year-Over-Year percent change.  In 2013, I was jobless and would only be able to DRIP fractions of shares into my $1,149 portfolio for a few more months ahead.  My first YOY number is ridiculous as  I had $4.75 last year and $42.50 this year for an increase of 795%.

2014-July-DividendPayouts

With the small change I saw quarter over quarter and some recent lower yield investments, I’m pretty sure I won’t be meeting my 2014 dividends received goal.  Year to date, I’ve received $305.89 of my $750 goal. This was a hard goal for me to predict as a new investor and as time goes on, I find myself comfortable picking companies with lower yields and higher growth rates because I have a lot of time left before I need this income.  It’s also interesting that I’ve already invested way more than I anticipated I would for the whole year, but am severely lagging where I thought I’d be in dividend payouts.  Going forward I do still want to sprinkle in some higher yields for extra stability where it makes sense.

2014-July-Goals-dividendsrecieved

These are the shares I picked up in July using a DRIP:

2014-July-dividendsreinvested

I also got a small raise from Kinder Morgan Inc. (KMI).  This was the second raise of the year for this company.

2014-July-dividendincreases

The faster I can get my money working by itself the better, because things change fast in the entertainment business.  The network I edit for is very new, and they are constantly making employee cuts on an already small staff; they cut 21 more of my colleagues on Thursday.  I feel like my higher up bosses really want to keep me, but what worries me is if they get blindsided themselves and get cut.  So far I have no reason to fear, and I’ve already gotten way more out of the this job than I ever anticipated since it was only suppose to last from October to December of 2013.  In addition to working there those three months, I’ve also worked all of 2014 so far.

2014-July-Goals-MonthsWorked

Let’s hope this market continues to wave back and forth during August so we can continue to make solid dividend growth investments.

How was your July?  Do you remember your first YOY payments?

Photo Credit: Keith Misner – http://unsplash.com

My Dividend Growth

http://www.mydividendgrowth.com

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19 thoughts on “Growth Update: July 2014
  1. DividendMongrel

    I really like the YOY dividend chart but I can’t start one until next year because I started investing in January. I am still fairly new to investing and continue to learn a ton of information from the blogs out there. I think all of my stocks were in the red on Thursday except for SNE which was up over 5%. The only reason I keep SNE is because it gives me a small portion of the asian market. And it paid off when all the U.S. stocks were down. The SNE gain almost offset my total loss in U.S. market losses. I am going to have to increase my foreign stocks as time goes on because too much exposure to U.S. stocks can hurt capital gains. Anyways great month Ryan! Keep it up! Look forward to seeing what your outlook for August will be.

     
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    1. My Dividend Growth

      Brian,

      Glad to hear from you and thanks for checking in. Your first YOY stats will be coming in no time and I’m thinking you’ll be quite motivated as I am, what a great visual tool for progress. There is definitely a risk we take investing in a record high market, but try not to let the overall in-the-red prices bother you because you’re picking growing individual companies with solid future fundamentals, not some index fund. This is a very long- term journey we’ve embarked upon and over time we should come out way ahead. I totally agree on foreign diversity, and as you know, a large portion of U.S. DGI stocks will do that for you too like PG, JNJ, KO, and even ones like my new addition of AOS who is ramping up presence in China and India. Lot’s of companies on the CCC list have an amazing global footprint to help offset dependence on America and I’ll be curious to see what you pick next!

      Thanks for commenting and have a great week ahead 🙂
      Ryan

       
      Reply
  2. Huw

    Hey Ryan,

    I’ve mentioned it before, but I’m a big fan of your graphs and charts. I will spend some time on working out how to do them on Blogger.

    First of all, congratulations on hitting your 2014 goal for contributions. Hitting it in almost half the time is very impressive. I’m interested to see what you’ll finish with by the year end, perhaps even double?! This goal is arguably more satisfying than the others as it’s controlled by you. You could choose to spend the money on other things, and I know first hand how tough it can be to remain disciplined. Well done!

    I can relate to your point on dividends. I underestimated mine. I was taking a punt on what the figure will be. We’ll both be better off for 2015 though, no that we have a solid year to base our calculations on. If you continue to excel in your contributions, the dividend payments will look after themselves.

    I’m delighted to hear that the job is enjoyable and still going. You’re closing in on your working duration goal, and I hope you smash that out of the park too. This is an area I really take for granted!

    Another stellar month my friend. Keep up the good work, and thank you for sharing it with us.

    Cheers
    Huw

     
    Reply
    1. My Dividend Growth

      Huw,

      This was a very thoughtful comment that really lifted me up, thank you for that! If you do end up using graphs and charts, please be sure to let me know if you have problems or need any help making them work, they’d look great on your blog 🙂

      You’re certainly no stranger to beating your goals early this year too! You killed your portfolio value goal way early on and are going to break the dividends received goal in no time. It’s pretty funny we had opposite instincts regarding dividend payouts, hehe. We are learning! And you are so right about the satisfaction of putting putting my money to work. It feels great, especially now that I’m starting to see some results… So double my goal it is! For the next few months I’m going to be investing at least $1,400 every two weeks. I could probably do more, but as the portfolio grows, I’ll be building up a bit bigger emergency savings fund on the side for extra cash during any market pullbacks like the one last week. I love having my brokerage tied to my savings account all in the same site so I can do an instant transfer at any point to make a purchase.

      Glad to have you stop by. Cheers to the week ahead!
      ~Ryan

       
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      1. Huw

        No problem at all. I mean what I say. Thank you for the kind words in return!

        You’re going to be kicking some serious butt over the next few weeks with those deposits. Wow! Double Goal is going to be doable for you for sure. Good luck!

        I’ve nominated you for an award on my Blog. Check it out and see what you think. I hope you accept it.

        Have a great week Ryan!

        Cheers
        Huw

         
        Reply
    1. My Dividend Growth

      Dear Dividend,

      Thank you for complimenting my charts, I love playing with them and am always trying to find better ways to compile data. It would be great visual eye candy to see something similar on your site! Also….BIG congrats to you personally on moving home halfway across the globe for a new job and getting to spend more time with the family! Life is too short and I’m very happy you’re taking advantage of being with your loved ones.

      All my best,
      Ryan

       
      Reply
  3. My Dividend Pipeline

    Ryan,

    Great month. Continue to keep a laser focus on those goals and adjust them upward as needed. Since you have already hit your $17,500 investment goal very early you clearly were “sandbagging” LOL!!! Seriously, I would scratch through the $17,500 goal and write down $30,000 and then look at that goal daily! Like in the book “Think and Grow Rich” you need to create that burning desire to accomplish your goals. Again, write it down and look at it twice a day EVERY day. Think $30K or bust! It won’t be easy but I think you can accomplish it.

    I look forward to your future results!

    MDP

     
    Reply
    1. My Dividend Growth

      MDP,

      I appreciate your ongoing support, my friend! Watching your purchases every week has been a big inspiration for me and helped a lot with consistency in my own investments. Haha, I guess I am a sandbagger! Just very lucky I’ve had a good situation on the job front combined with helpful individuals like yourself providing me confidence in my investment strategy. I will take your advise on two more things here. First, I haven’t read ‘Think and Grow Rich’ despite always hearing about it. I will buy and read it in the coming weeks! Second, next month I will scratch my old ‘new capital invested’ goal and set a new target to reach. I think I can do more than 30k! Thanks for the suggestions and I’ll implement them immediately!

      Take care!
      Ryan

       
      Reply
    1. My Dividend Growth

      Henry,

      Thank you much 🙂 My 2013 numbers stay pretty low through the rest of the year since I wasn’t able to invest much at all back then. Should be some funny YoY comparisons to come! You’re killing it over there. Even on a down month for most portfolios your size, you went up considerably. Great job over there, looking forward to more of your updates!

       
      Reply
  4. Dividend Mantra

    Ryan,

    Fantastic year so far for you! Congrats.

    It looks like work is going very well for you, and so that has definitely propelled your to blow past your capital contributions goal for the year. Very nice!

    Looks like you’re a tad behind on the dividend goal, but that’s okay because you weren’t real sure what to shoot for. Either way, you’re setting yourself up for a very nice 2015 and beyond. 🙂

    Keep up the great work.

    Best regards.

     
    Reply
    1. My Dividend Growth

      Jason,

      I’m thrilled that things have gone so well this year. The more I can get ahead the better, just in case I have to find other work at any point. A little scary to think about. Either way…I’m so ready for 2015 and seeing where my dividend income will be! Bring it on!!! I hope by then your online income has steadily grown and you are still semi retired inspiring us with your writing! Thanks for stopping by 🙂

      All my best,
      Ryan

       
      Reply
  5. Roadmap2Retire

    Great progress, Ryan. Looks great looking at your YoY growth rate. You will be able to build a reliable dividend portfolio at this rate. Keep up the great work and enjoy your dividends and let them snowball.

    Best wishes
    R2R

     
    Reply
    1. My Dividend Growth

      R2R,

      Thank you for the support. The true test will be seeing 2015’s YOY stats. I just hope I can keep the pace of new investments I’ve kept over the last 7 months. Wishing you a successful close to the year as well 🙂 The snowball will be ours!!!

      Take care,
      Ryan

       
      Reply
  6. Mr. SFZ

    Ryan,

    You may not hit your dividend goal this year but you are absolutely killing it with the amount of new capital invested. 🙂 Keep up the good work man!

    Best wishes,
    SFZ

     
    Reply
    1. My Dividend Growth

      Mr. SFZ,

      Great to hear from you. You’re absolutely right about putting my money to work. The more the merrier, this is going to pay off so much in the years to come. Hope everything is going well with you my friend. I’m looking forward to an update from you on new apartment life and of course your dividends!

      Have a good week!
      Ryan

       
      Reply
    1. My Dividend Growth

      DJG,

      Thanks a ton for the comment 🙂 I am beyond stoked at my progress so far and the QoQ is definitely cool, gotta love the DRIP. When my portfolio grows bigger, that small increase will mean a lot more. You’re tearing it up yourself over there. I’ll be watching to see if you pick up something from your recent watchlist. A lot of great names to choose from there. Take care the rest of this week!

      ~Ryan

       
      Reply

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