My Dividend Growth Portfolio Update – November 2016

by Evan

While I have been tracking my dividend income for years on this site, I have reset the clock when I sold and re-bought back the site (which at the same time I coincidentally liquidated some of the account).

My October 2016 Investment Activity

My Undervalued Dividend Growth Stock Purchases

October, like most months, I made my normal $500 purchase plus my option income for the previous month ($133.45):

  • On 10/12/2016 I bought 35 Shares of ORI at $18.20 ($644.18 purchase).

From Google Finance:

Old Republic International Corporation is a holding company. The Company is engaged in business of insurance underwriting and related services. The Company conducts its operations through various regulated insurance company subsidiaries, which are organized into three segments: General Insurance Group, Title Insurance Group and the Republic Financial Indemnity Group (RFIG) Run-off Business. The Company’s General Insurance segment consists of property and liability insurance, and offers coverages to businesses, government and other institutions. The Company’s Title Insurance Group’s business consists of the issuance of policies to real estate purchasers and investors based upon searches of the public records, which contain information concerning interests in real property. The Company’s RFIG run-off business consists of its mortgage guaranty and consumer credit indemnity (CCI) operations.

Since purchasing the shares a few weeks ago the shares are down considerably after missing earnings.  I am not too worried as I plan on holding the stock for years and years to come.

I did not sell any stocks last month.

My Investment Income

  • I only received $8.76 in dividend income (they were automatically reinvested); and
  • I earned $176.50 selling naked short puts.

Not going to lie here, when I pulled up that $8.76 number it hurt..a lot, but the money earned on selling naked short puts made me feel a lot better.  That number would have been even higher if TD didn’t charge me the wrong amount to execute the trades!  Very frustrating.

october-2016-investment-income

My Current Holdings & Ratios

 

Company Ticker Shares Price Value Cost Basis Current Dividend Payout Current Expected Annual Income Yield on Cost
Aflac AFL 10 $68.39 $683.90 $72.93 $1.64 $16.40 2.25%
CATERPILLAR INC CAT 22.201 $82.24 $1,825.81 $75.34 $3.08 $68.38 4.09%
Community Trust Bankcorp CTBI 15.132 $36.40 $550.80 $34.09 $1.28 $19.37 3.75%
Emerson Electric EMR 26.24 $51.00 $1,338.24 $48.42 $1.88 $49.33 3.88%
CULLEN FROST BANKERS INC CFR 10.078 $75.32 $759.07 $65.23 $2.16 $21.77 3.31%
Franklin Resources BEN 22.116 $33.70 $745.31 $34.53 $0.72 $15.92 2.09%
Old Republic ORI 35 $16.87 $590.45 $18.41 $0.76 $26.60 4.13%
SONOCO PRODS CO SON 22.159 $49.76 $1,102.63 $36.79 $1.48 $32.80 4.02%
PRICE T ROWE GROUP TROW 35.244 $69.13 $2,436.56 $69.13 $2.16 $76.13 3.12%
TARGET CORP TGT 28.243 $71.13 $2,008.80 $69.13 $2.40 $67.78 3.47%
UNITED TECHNOLOGIES CORP UTX 20.129 $102.01 $2,053.36 $87.58 $2.64 $53.14 3.01%
246.542 $14,094.94 $447.62

I am not as worried about the value of the account at the current time as I am the amount of shares and expected income. While I obviously care about the value of the account I understand it is going to fluctuate wildly month over month and year over year.  Minus a reverse split the number of shares should always increase as should expected annual income.

  • The share number increased from 211.426 to 246.542
  • The annual expected income increased from $371.60 to $447.62

 

How was your month?

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3 comments

John November 8, 2016 - 8:08 am

Looks like a nice expected annual dividend increase!

I have been following your naked put trades and am interested in watching you follow this strategy.

I have always enjoyed options trading but haven’t placed any in some time.

Reply
Evan November 8, 2016 - 10:43 am

Why haven’t you jumped back in the options world?

Reply
DivHut November 10, 2016 - 2:30 am

Solid month of passive income rolling in. Over time those dividends will become more of a factor but nice options premiums collected. Nice to see we hold quite a few names in common between our portfolios. Thanks for sharing.

Reply

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