For March 2019, the Divs4Jesus Portfolio received dividend income from six different companies (F, V, LYB, PRU, NWL, SWKS). The total was $89.11. This was a 67% decrease from March 2018 where the total was $271.80. The decrease is due to the suspension of the dividend from VALE. VALE suspended its dividend back in January after a massive dam collapse in Brazil. The hope is VALE will pay out the dividend later in the year, but as of now there is no set date. While it’s never good for a company to suspend its dividend this was due to a ‘one time’ event and is not a reflection of the strength of the company itself. As such, we will continue to hold VALE in the portfolio. We hope April brings us back to positive increases!
On March 25, 2019, 20 shares of ABBV were purchased. The cost, including fees, was $1,587.75. For an average cost per share of $79.39.
February 2018 was the first month the Divs4Jesus Portfolio received a dividend payment. The payment was $7.26 from one company, OHI, and was the only amount received that month. Fast forward one year and for February 2019 the D4J Portfolio received a total of $84.26 in dividend payments. This time the payments came from three separate companies: CIM; T; and OHI. A total increase of $77.00 over the prior year’s amount and a massive 1,060.61% increase on a percentage basis. Of course, this is almost completely due to additional capital contributions over 2018 and will surely level off to much smaller increases in the future, but it’s a good motivator to show that sticking to a routine and a savings strategy can produce solid returns.
In fact, OHI’s dividend payment was $0.47 greater than the year before or a 6.47% increase year over year. This was despite that fact that there was no increase in dividends payments. The increase was simply due to DRIPing the dividend payments throughout the year, which D4J didn’t actually institute until May 2018. AND YES – this is not a “true” growth increase as dividend payments from OHI were ‘money in hand’ to do as we please… so investment of the “new” OHI capital should not be looked at as growth. However, we track the DJ4 account using the three Cs: 1. YIELD ON CASH – dividends vs the actual dollar amount contributed into the D4J Portfolio; 2. YIELD ON COST – dividends vs the actual dollar amount transferred into the D4J Portfolio + the cost of all DRIP purchases and 3. YIELD ON CURRENT – dividends vs current market value of the D4J Portfolio.
And we are always happy to see our Yield on Cash increasing.
For February 2019, the Divs4Jesus Portfolio received dividend income from three different companies (CIM, OHI, and T). The total was $84.26. This was over a 1000% increase from February 2018 where the total was $7.26.