26 thoughts on “DivHut Portfolio Update

  1. Nice work there, DH. I am envious in that I sure wish I had started the DGI process when I was your age. I would certainly be sitting pretty right now. I was pushing 60 when I decided that DGI was the way to go. Heck yeah, the income I receive is still very helpful but it could have been so much better.

    Your portfolio is looking good. Come retirement time, I’m guessing you will be a happy camper.

    Steve
    Dividend Gravy recently posted…November 2014 updateMy Profile

    • Hi DG,

      Thanks for the kind words. I’m sure you have heard it many times before that it’s better late than never when it comes to dividend growth investing. After all, we’re living longer these days and even people in their 60s can easily enjoy the compounding effects of dividends for two or three decades. All things being equal your future self will still be happy you started when you did. Thank you for stopping by and commenting.

  2. DivHut,

    Good progress! No matter the market fluctuations, those dividends keep on coming. I just reported my first dividends received for last month and I am in the process of researching and buying more stocks. I’ll be sure to post up all the action when I’m done.

    Take care.
    – HMB

    • Hi HMB,

      I’m happy with the progress so far. I’m not too concerned with the market fluctuations as much as making sure the dividends keep rolling in. After all, I held every one of my positions during the crash of 2008/9 and kept buying each month like I’m doing today. Look forward to seeing your dividend progress. Thanks for commenting.

    • Hi FtFF,

      With the Dow and S&P reaching record highs each week for almost six weeks in a row it’s no surprise that many portfolios are also at record levels. A rising tide raises every boat. Adding fresh capital is just one part of the equation. Capital appreciation is the other. I remember adding fresh capital each month during 2008 and 2009 only to see my entire portfolio continually get smaller in terms of market value. The dividend income was another story as that kept rising. As you noted, the most important aspect of any dividend growth portfolio is the amount of passive income it generates. Thanks for stopping by and commenting.

  3. Nicely done. My total portfolio is also worth roughly $140K after removing the margin amount. It’s quite amazing actually. The S&P 500 is up 50% over the last 2 years. This has been one of the biggest bull runs ever. πŸ™‚ I haven’t bought any new stocks recently but I’m planning to invest in renewable energy early next year.
    Liquid recently posted…Early Financial LiteracyMy Profile

    • Hi Liquid,

      Good job with your portfolio progress as well. It’s fun to see capital appreciation at work but I have to admit it’s more fun seeing passive dividend income rise over the years. Curious to know the names you plan on buying in the renewable space. That’s a sector that doesn’t really get talked about much on the dividend blogs. Thanks for sharing your thoughts.

    • Hi NMW,

      Thank you for the words of encouragement. It’s always nice to see a portfolio value go up but I realize that it’s simply a measure of how the market is doing rather than a measure of my passive dividend income received. November did see a lot of activity for not having any energy names. Sometimes a “boring” portfolio can have lots of action. Thank you for commenting.

    • Hi R2R,

      Thank you. I was happy to see my first dividends roll in from those two banks. It should definitely help my ROTH numbers start to snowball as I have added four new companies total to that account, TD, BNS, RY and UL. Thank you for commenting.

  4. Keith,
    Great job building your portfolio! I had a very busy November, mostly buying oil stocks as they fell. Picked up shares of XOM, COP, NOV, and BBL but sold SDRL after the dividend was eliminated. That was painful, the stock lost over half it’s value plus I lost $1200 a year in dividends. Gonna take awhile before I make that up, but I did add half of the dividends back with my purchases.
    Enjoy the season,
    KeithX

    • Hi KeithX,

      November can easily be summed up in one word: energy. It seems that every dividend growth blogger initiated or added to energy positions last month. The SDRL announcement was tough to receive I’m sure, but yielding double digits you just knew the writing was on the wall about a dividend cut or elimination. Curious to know where you plan to deploy the cash from the SDRL sale. Thanks for sharing your recent buys and sell.

    • HI MSF,

      I think many of the dividend bloggers are getting overweight energy in recent days. Stick with the high quality names and longer term you should be OK while collecting some nice current yield in the meantime. Thank you for stopping by and commenting.

  5. I have been just reinvesting my dividends into more shares or stocks I own and I have been trading a small amount of cash. With all the things going on with traveling and football, it has been hard to keep track of all of it. Hopefully, I will start to get things under a little better control. However, the beauty of dividend reinvesting is that I do not have to keep track of it constantly, it just takes care of itself.

    Keep cranking,

    Robert the DividendDreamer
    dividenddreamer recently posted…Just Do It!My Profile

    • Hi DD,

      My thoughts exactly. Once you create a dividend portfolio it pretty much runs on auto pilot. It does require some attention, of course, but for the most part those dividends are being cranked out no matter how busy or free you are in life. I too am reinvesting all my dividends automatically. There’s no better way to feed your snowball than with reinvesting. Thank you for stopping by and commenting.

  6. DH,

    It has definitely been hard to ignore energy over the past few weeks. I did some shopping but I’m done having reached the levels for now that I’m comfortable with.

    For me, it’s time to reload the cash and wait for other opportunities to present themselves, like late 2013’s dip in REITs and retail. It would take another substantial pullback in energy — at least 10 percent less than my cost basis — for me to consider increasing my positions.

    Best,
    DWC

    • Hi DwC,

      I feel that many of the dividend growth bloggers have become overweight in energy because of recent dips in oil and other commodity prices. As you suggested a pause might be good measure unless prices drop significantly from here. Nothing wrong with building up a cash position for those future opportunities that inevitably come. Thank you for stopping by and commenting.

    • Hi Tawcan,

      Thank you for the kind words regarding my progress. You and every other dividend growth blogger has been jumping into the oil patch. I’m still on the sidelines regrading that sector for December but I may just start a position in one of the energy names just to get my feet wet. Thank you for commenting.

    • Hi DGJ,

      I have been happy with the overall value of the portfolio as I’m sure many dividend growth bloggers are as well. With the market marching higher almost every month it is hard not to participate in these gains. I’ll be holding my HYH shares from the KMB spin off for now. They aren’t paying a dividend but may one day adopt a dividend policy. I’ll have to wait and see how that pans out. Thank you for stopping by.

    • Hi PIM,

      I have been very happy with my portfolio progress. Of course, as dividend growth investors we are more interested in the passive income our stocks can generate more than just capital appreciation. Here’s to a strong 2014 finish and continued success for our entire DGI community in 2015. Thank you for stopping by and commenting.

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