Every quarter we create a breakdown the dividends and how many shares we accumulated for each stock we own. This helps us evaluate our portfolios and gives you a chance to see the results of what we teach.
Since we have a lot of data to process at the end of the year we offset our quarterly updates by a month. So our Q4 is for September, October, and November.
Let’s dig into the dividend data for our Conservative Portfolio. Keep in mind that the current total value of this portfolio is about $178,000.
Podcast Video
If you want informative tidbits as we go through each stock in this portfolio, watch Episode 80 of our podcast. You can also listen on your favorite podcast platform.
Dividend Chart
If this chart is too hard to read on your device, click here to access it directly.
Takeaways From The Data
In Q3 we collected $4,251.70 in dividends in our Conservative Portfolio. Here’s hoping we earned more this quarter, or I just might suck at this dividend growth stuff. 😛
So what’s the word? We did increase our quarterly divies up to $4,626.75, which is an 8.82% increase over the previous quarter. Rock On!
>> Check Out How Much We Made In Dividends In Our High Yield Portfolio <<
On the negative side, I noticed that compared to the previous quarter we have more overvalued investments (15 to 6). We for sure have to turn the DRIP off on these overvalued investments, but it also means we have to think about taking profits and selling to reduce the risk of prices dropping.
Perhaps more troubling, two or our best payers (JEPQ and NVDY) have seen a big drop off in dividends. These will have to be monitored. We need to make sure this is a blip and not a trend. If it’s a trend we have to do more analysis.
Changes To The Portfolio
We did sell 3 positions for different reasons.
IEP: They cut the dividend again, plus did some shady shit that wasn’t in the best interest of shareholders.
XOM: This stock was sold because we didn’t make 💩 in divies or DRIP shares and our capital could make more money and more DRIP shares thus compounding better in other areas.
CSWC: We sold this because it had a pretty bad earnings and was close to being overvalued.
We were able to take profits in XOM and CSWC but took a pretty bad loss in IEP. However after doing the math, even with a huge loss on IEP, we still ended up ahead with these 3 sells.
We also initiated 3 new positions: YMAG, NLR and CIVI. I’m very excited about all 3 of these, but time and data will tell.
All things considered, I’m very happy with how this retirement portfolio is shaping up. Divies are nice and price appreciation is awesome as well. We’ll see if the next quarter is just as good.
How Much Is Your Portfolio Generating In Dividends?
Let us know in the comments!
