Happy New Year – December 2017 Dividend Meter Update
Happy New Year! 2017 is in the books, and it’s time to provide a year-end Dividend Meter portfolio update. First, let’s take a look at what happened in December:
|Date||Total Annual Dividends||Notes|
|12/19/2017||$8,663.71||PFE dividend increase, raises meter reading $27.76|
|12/12/2017||$8,635.95||AMGN dividend increase, raises meter reading $35.36|
|12/11/2017||$8,600.59||BA dividend increase, raises meter reading $33.64|
|12/11/2017||$8,566.95||AES dividend increase, raises meter reading $10.28|
|12/8/2017||$8,556.67||Purchased 23 additional shares of ADM at $41.25 with just over $900 in accumulated cash dividends, raises meter reading $29.44|
Four dividend hikes and a purchase of more shares of ADM (Archer Daniels Midland Company) with paid cash dividends resulted in an annual dividend income increase of $136.48 compared to November’s Dividend Meter reading.
- Total annual dividend income rose $1,655.65 compared to the end of 2016, an increase of 23.62%.
- The only new capital added to the portfolio was $5,500 for a 2017 Roth IRA contribution.
- No withdrawals from any of the accounts.
- No dividend cuts in 2017!
Last month we began the process of evaluating dividend data import alternatives for the spreadsheet. While we continue to explore and evaluate other potential data solutions, work on our own solution has made significant progress in the past few weeks. We are now monitoring more than 500 dividend growth stocks, and in addition to tracking annual dividend amount and earnings-per-share, we are gathering the following additional data points:
- Declaration Date of Last Dividend Increase
- Percentage Increase of Last Dividend Increase
- Upcoming Dividend Ex-Date
- Upcoming Dividend Payable Date
We are also examining dividend yield histories for the 500+ companies we are following to determine a proprietary Dividend Meter “Low Yield” and “High Yield” for each stock. A “Watch List” tab has been added to the spreadsheet that imports the Low Yield and High Yield data points from the Dividend Meter Data File tab, compares the figures to the current dividend yield, and flashes a simple red indicator if the stock is potentially overvalued, and a green indicator for an undervalued condition. The indicators are simply starting points for additional research before we make buy or sell decisions, but the ability to scan over 500 stocks at a glance with the indicators is awesome. You can see how the new spreadsheet works and monitor progress of the indicator research with the email address widget on the right-hand sidebar of our website. Be sure to check back next month for updates – we wish you much success with your investments in 2018.