In the month of February we made a few purchases in companies we already own. Continuing from last month TROW is still below our buy range so we picked up another 5 shares for a total of $710.85. We also picked up another 25 shares of FL for $735.21. FL took a massive drop on news that Nike will stop selling a number of products through FL stores in a bid to sell more directly to consumers. While this is bad news for FL, as Nike products made up somewhere around 70% of its sales in 2021, Nike isn’t ending its distribution deal with FL completely and FL will look other brands to replace those Nike product sales. We also purchased 3 shares of MO for $153.33; and 2 shares of PRU for $220.02. In total we purchased $1,819.41 worth of stocks this month.
Divs4Jesus
DIVIDEND REPORT :: FEBRUARY 2022
For February 2022, the Divs4Jesus Portfolio received dividend income from seven different companies (T, VZ, BMY, TXN, ABBV, AOS, & OHI). The total was $262.81. This was a 93% increase from February of 2021 where the total was $135.87. The increase was due to increased payments from five companies and new payouts from portfolio adds VZ and BMY. This is likely the last payment from T before they cut their dividend so we’ll see how they affects our totals going forward. However, we’ve added VZ over the last year which has the same payout months so it should help soften any loses.
STOCK PURCHASES :: TROW, MO, ABBV, PRU, AFL, T, AMGN, VZ, WBA, MET, BMY, INTC & OHI
In the month of January we continued our small purchases of companies already in our portfolio and made one larger purchase of TROW when it dropped significantly (though maybe slightly early). We purchased 1 share of AMGN for $226.69; 3 shares of AFL for $187.20; 10 shares of TROW for $1,597.00; 2 shares of ABBV for $271.96; 3 shares of MO for $152.67; 2 shares of OHI for $62.34; 2 shares of PRU for $221.12; 3 shares of VZ for $158.82; 2 shares of T for $50.52; 2 shares of WBA for $98.66; 2 shares of MET for $132.74; 2 shares of BMY for $129.68 and 1 share of INTC for $48.14. In total we purchased $3,337.54 worth of stocks this month.
DIVIDEND REPORT :: JANUARY 2022
For January 2022, the Divs4Jesus Portfolio received dividend income from nine different companies (SEIC, MO, LECO, GNTX, MSM, CMCSA, CIM, & FL). The total was $329.09. This was a 20% increase from January of 2021 where the total was $274.08. The increase was due to increased payments from all nine companies and despite no payment from SPG which paid out in December in 2021 instead of January. A great way to start the new year with a 20% gain from 1 less payout.
A RECAP OF DIVS4JESUS’ 2021 DIVIDEND INCOME
In 2021, Divs4Jesus increased its dividend income by 114% year over year. To see how it all went down click here.
2021 PORTFOLIO STOCKS – DIVIDEND INCREASE STATUS UPDATE
Below is a list of all the stocks in our portfolio and their respective increases and or decreases in dividend payments from 2020 to 2021. We now have 45 stocks in our portfolio which is an increase of 6 from the 39 we had at the start of 2021. Out of these 45 stocks currently in our portfolio: (1) currently pays no dividend; (0) stocks saw a dividend cuts; (5) stocks did not increase their dividends; (1) resumed payments after suspending them in 2020; and (38) stocks did increase their dividend.
As compared to 2020 this was a nice bounce back from the cuts, and suspensions we saw at the start of the pandemic. Some of the numbers are a bit misleading as most of the larger increases like from AEG, SPG, FL, LEA are rebounds from prior cuts. Others though are real like VALE’s 500% increase (though likely a one off due to the pandemic). However, if we try to exclude of these skewed percentages that are more related to the pandemic then our solid winner for this year is AFL who increased their dividend 21.21% just beating out TROW (2020s winner with 18.4%) who topped their own 2020 increase at 20% in 2021.
Further, some that increased their dividends added a significant amount to the total dividends for the year. In particular was VALE’s dividend payments which ALONE equaled more than our entire 2020 total. Yes that’s not a typo – VALE paid out over $3,600.00 in dividends which put its yield over 20%. This was a side effect of the pandemic and the supply chain issues running the price of iron ore nearly 2x from the lows at the start of the pandemic. The price of ore has since halved so we don’t believe 2022’s dividends from VALE will be anything close to its record 2021 but so goes the ride when you invest in commodities. Lastly, we feel like we repeat this at the end of every year but VALE is a significant percentage of our portfolio both in market value and dividend income. And while we’ve made slow progress in the market value; we have brought it down from over 20% to under 15% (but we’d like to get it around 10% or less), in dividend income it again accounts for nearly 50%. We will take it when we can get it but we don’t want to be a one hit wonder and will continue to diversify out as we’d like no one stock to account for more than 10%-15% of our total yearly income.
For 2022 we hope the pandemic will continue to ease and the increases will continue.
2021 DIVIDEND INCREASES IN PORTFOLIO STOCKS
Below is a list of all stocks that are currently in the Divs4Jesus Portfolio. Please note some of these increases occurred prior to the purchase of the stock, however we still wanted to show the increases that happened in 2021.| Ticker | Old | New | % Gain |
|---|---|---|---|
| ABBV | $5.20 | $5.64 | 8.46% |
| AEG | $0.01 | $0.17 | 1456.07% |
| AFL | $1.32 | $1.60 | 21.21% |
| AMGN | $7.04 | $7.76 | 10.23% |
| AOS | $1.04 | $1.12 | 7.69% |
| AVGO | $14.40 | $16.40 | 14% |
| BMY | $1.80 | $1.96 | 8.89% |
| CIM | $1.20 | $1.32 | 10% |
| CMCSA | $0.92 | $1.00 | 8.70% |
| CSCO | $1.44 | $1.48 | 3% |
| CVX | $5.16 | $5.36 | 3.88% |
| EVC | $0.10 | $0.10 | 0% |
| EVR | $2.44 | $2.72 | 11.48% |
| F | $0.00 | $0.40 | N/A |
| FAF | $1.84 | $2.04 | 10.87% |
| FL | $0.80 | $1.20 | 50.00% |
| GME | $0.00 | $0.00 | N/A |
| GNTX | $0.4750 | $0.48 | 1.05% |
| HON | $3.72 | $3.92 | 5% |
| INTC | $1.32 | $1.39 | 5.30% |
| JNJ | $4.04 | $4.24 | 4.95% |
| KT | $0.44 | $0.61 | 39% |
| LEA | $1.00 | $2.00 | 100% |
| LECO | $2.04 | $2.24 | 10% |
| LYB | $4.20 | $4.52 | 8% |
| MET | $1.84 | $1.92 | 4% |
| MO | $3.44 | $3.60 | 4.65% |
| MSM | $3.00 | $3.00 | 0.00% |
| NWL | $0.92 | $0.92 | 0.00% |
| OHI | $2.68 | $2.68 | 0.00% |
| PRU | $4.40 | $4.60 | 4.55% |
| PSX | $3.60 | $3.68 | 2.22% |
| RHI | $1.36 | $1.52 | 11.76% |
| SEIC | $0.74 | $0.80 | 8% |
| SNA | $4.92 | $5.68 | 15.45% |
| SPG | $5.20 | $6.60 | 26.92% |
| SWKS | $2.00 | $2.24 | 12% |
| T | $2.08 | $2.08 | 0.00% |
| TROW | $3.60 | $4.32 | 20.00% |
| TSN | $1.78 | $1.84 | 3.37% |
| TXN | $4.08 | $4.60 | 12.75% |
| V | $1.28 | $1.50 | 17.19% |
| VALE | $0.43 | $2.70 | 533.27% |
| VZ | $2.51 | $2.56 | 1.99% |
| WBA | $1.87 | $1.91 | 2.14% |
STOCK PURCHASES :: PRU, AFL, VZ, MO, OHI, AMGN, TROW, ABBV, T, & AEG
In the month of December we continued our small purchases of companies already in our portfolio. We purchased 1 share of AMGN for $226.35; 5 shares of AFL for $292.35; 1 share of TROW for $197.17; 1 share of ABBV for $135.88; 3 shares of MO for $141.39; 4 shares of OHI for $118.84; 2 shares of PRU for $216.16; 5 shares of VZ for $259.60; 5 shares of T for $123.35; and 4 shares of AEG for $19.72. In total we purchased $1,730.81 worth of stocks this month.
DIVIDEND REPORT :: DECEMBER 2021
For December 2021, the Divs4Jesus Portfolio received dividend income from twenty-five different companies (AFL, PSX, INTC, F, HON, LYB, JNJ, V, AMGN, SNA, EVR, WBA, CVX, MET, SWKS, RHI, FAF, NWL, TSN, PRU, LEA, TROW, EVC, AVGO, & SPG). The total was $491.66. This was a 11% increase from December of 2020 where the total was $444.73. The increase was due to new payments from AMGN, CVX, & FAF. A resumption of the dividend from F, SPG paying out in December this year which they did not do last year, and increased payments from the remaining payers. The increase is also despite of no special payment from MSM this year, which accounted for 38% of December 2020’s total payment so we’re really happy to see us beat the year over year.
This December payment put us well over the $7,000.00 mark for the year, with the total dividends in 2021 closing out at $7,241.99.
A full recap of 2021 and comparison year over year will be posted in the coming weeks.
STOCK PURCHASES :: ABBV, AFL, AMGN, MO, OHI, PRU, V, VZ, T, WBA, & AEG
In the month of November we continued our small purchases of companies already in our portfolio. We purchased 1 share of AMGN for $200.35; 2 shares of AFL for $108.98; 2 shares of V for $387.14; 2 shares of ABBV for $230.78; 3 shares of MO for $128.46; 2 shares of OHI for $55.40; 2 shares of PRU for $203.90; 5 shares of VZ for $252.95; 2 shares of WBA for $89.36; 3 shares of T for $68.04; and 2 shares of AEG for $8.76. In total we purchased $1,734.12 worth of stocks this month.
DIVIDEND REPORT :: NOVEMBER 2021
The increase was due to increased payments from T, AOS, TXN, ABBV, OHI, & MSM. Plus new payments from BMY and VZ.
As we turn to the last month of the year we’re shooting to cross the $7,000.00 mark in yearly income. Based on the December’s 2020 payments we should be able to hit it though December 2020 did have a large special payment from MSM which we’ll miss this year. However, with all the investments made throughout the year we’re hopeful we’ll be able to offset that one off.