Growth Update: March 2014

Time is really starting to fly by as I grow older. I started this blog at the beginning of March and before I blinked, the month was over. When I step back and reflect on the passage of time, I realize just how important the day to day things in life are, such as family, friends, and hobbies. This motivates me to stick to my dividend plan so that one day I’ll earn my freedom. I will continue to save and invest money into fairly valued, sound companies with a history of dividend growth.

Throughout most of 2013 and even early this year I didn’t quite have strategies or goals completely ironed out, but I’ve learned plenty along the way. Aside from bigger picture ideas, I learned things that now seem like common sense, like how I needed to invest more than $500 at a time to avoid higher commission costs. And also that I don’t want to use monthly automatic purchases, because a stock’s value can dramatically change by the time the investment goes through. I’ve also learned that when my portfolio gets a little bigger, I want to base my dividend reinvestment plan on this same logic and will selectively use DRIP with a better basis on value. I’m not worried about my mistakes because I’m getting better. To quote Kurt Vonnegut: “We have to continually be jumping off cliffs and developing our wings on the way down.”

I made two purchases this month. The first was to add to a small position I held in AT&T. Before adding, the position was down a full 11% because it was purchased at $36.83. I was able to dramatically decrease my cost basis by adding at $32.19 and now the position is up almost 6%. However, the price of the stock doesn’t mean much when it’s the dividends I’m after, and we all know this company still has a lot to prove.

I also became a shareholder in Phillip Morris International. This company has a lot to look forward to in its exposure to foreign markets with its new product lines, including hybrid and e-cigs. My first dividend from this company is due in April.

I’m starting to see some serious progress in my dividend payouts and portfolio value. I earned $30.17 in dividends for the month of March.  My portfolio increased in value from $11,120.00 on the first of March to $14,302.00 on the first of April for a 29% increase including fresh capital.  While I’m not as concerned with value, I still find it interesting to chart. Below you will find charts for my March dividend payouts, divided payout history, and portfolio value history.

140402 Dividend Payouts

140402 Dividend Payout History
March 2014Portfolio value history

My Dividend Growth

http://www.mydividendgrowth.com

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4 thoughts on “Growth Update: March 2014
  1. Huw Davies

    Hi Ryan,

    I like your first couple of paragraphs. I can really relate to that! We’re making mistakes but we’re growing. That’s what it’s all about to me.

    It’s great to see a couple of graph’s and a table. I love seeing the right hand side reaching for the sky.

    Congratulations on March! A 29% increase in 4 weeks is very impressive. I know this isn’t your primary goal, but like me you’re interested in buying good value stock, so when the tide turns you can benefit from having more stock for your money, and in turn more dividend payments.

    Nice work with AT&T. That’s one thing I really like about Dividend Growth Investment. When things aren’t looking good, you can get better value and increase your share (“Make hay whilst the sun is shining”). Going from -11% to a 6% upturn has proof of your good work. More Dividend paying stocks to benefit from once again!

    Keep up the good and work!

    Cheers
    Huw

     
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  2. My Dividend Growth

    Huw,

    Thanks a ton for the support. Making mistakes is part of the process! I think in a few years we’ll look back and be very happy that we started investing at all 🙂 I’m really liking the learning process! I’m always finding myself absorbing new information and analysis on blogs, sa, and other financial sites.

    AT&T was the first major averaging down I’ve done. In fact, due to mistakes in automatic investments, I actually averaged up on a few other positions. I was hoping to lower my cost basis this month in KMI, but it’s looking like it might want to come back up now. We shall see!

    I will only be making one purchase in April and I want to make it count! Looking forward to seeing how your month goes.

    All my best,
    Ryan

     
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  3. Richie

    Nice Increase in your portfolio. Like you, I don’t really care about the value of my porfolio because dividends are the name of the game. As long as the company continues to pay out and increase dividends year after year, I’ll be a happy man.

    Great job on AT&T. I was thinking it would go below 30 and before I knew it, it popped and now I’m wondering if i missed out.

    Keep up the good work.

     
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    1. My Dividend Growth

      Thanks for stopping by, Richie 🙂

      You’ve been up to some good work yourself, I like seeing those loyal3 purchases you’re making! I think AT&T’s best dividend growth days are behind it, it’s more of a current income play and you could probably do much better since it popped up in price.

      Appreciate your support!

       
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