Saturday, April 2, 2022

Q1 2022 Review / Q2 2022 Preview

New Year Gremlin here to welcome you all to another monthly review. History is one of my favorite subjects; it was back and school and still is a place where I find the most interesting stories, wildest characters, and craziest twists. I feel the Russian invasion of Ukraine is one of those stories told in modern time. It, following on the heels of Covid and the general issues of our time, has amplified them all like many smaller waves meeting in the ocean to create a giant one. It is also something I never believed I would see in my life; a traditional invasion of one nation by another where one side has nuclear weapons, a single ruler with no succession plan, and plans to ultimately incorporate part of all of the invaded nation into their own. Now yes, plenty of wars have happened including invasions - but none of those were ever planned to be permanent regardless of duration.

The stock market does not exist in a bubble, life in general affects it. As an investor I always look for the best deals available, and now is no different. That said, Ukraine is something different that could create challenges to companies that we've never seen. Not just to companies, but also to the world. I knew when that war started that Ukraine would not just fold, and that Russia has a terrible history of offensive wars. 

I hope for everyone's sake this ends as cleanly as possible. I just don't think it will, and I believe the long arc of history will bend its weight unto Russia as it grapples with being the multinational empire it truly is.

Q1 2022:

Over the last quarter I added shares of my employer and Starbucks (SBUX), in my taxable account. I also added to Cisco (CSCO), Corning (GLW), and Portland General Electric (POR) in my retirement accounts. In addition, I have added a new position to my taxable and have begun building a position in my IRA in Ames National Corp Com (ATLO).

Last quarter I brought in a total of $1,318.99 in dividends ($678.94 taxable, $362.44 Roth, and $277.61 in my IRA).  In total my accounts beat their respective 2021 months by 30.7% for January, 6.39% for February, and 16.1% for March. 

In terms of dividend increases, I realized 23 raises from Archer Daniels Midland (ADM), Amgen (AMGN), Bank of Montreal (BMO), Scotiabank (BNS), My Employer (B**), CIBC (CM), Canadian National (CNI), Eastman Chemical (EMN), Eaton Corp (ETN), 3M (MMM), Norwood Financial (NWFL), Realty Income (O), Royal Bank of Canada (RY), Toronto Dominion Bank (TD), Waste Management (WM), Union Pacific (UNP), Arrow Financial (AROW), Abbott Labs (ABT), CVS, Yum Brand (YUM), GLW, Prudential (PRU), and T Rowe Financial (TROW). The increases range from just about .02% to more than 25%. This brings my total raises to 23 on the year.

Next quarter I will realize at least 6 dividend increases from American Express (AXP), CSCO, Pepsi (PEP), WalMart (WMT), O, and Kimberly Clark (KMB).  The increases range from 0.2% to around 9%.

In addition, I added about $230 in profits from options and speculation trading.

NOTE: I only count increases when realized, because until that money is delivered any statements or declarations are simply conjecture.

Q2 2022:

The mortgage continues and I am putting extra cash towards the principal monthly - not a huge number, but every little bit counts. Our debts currently outstrip our assets, since I do not count my home as an asset until I own it outright.

The buys shall continue until financial independence improves - with monthly rolling buys of course.

My portfolio page is currently up to date.

I sincerely hope everyone's 2022 has started in the best way possible, despite all of the crazy.

- Dividend Gremlin
- Long all stock tickers mentioned

Friday, January 28, 2022

Q4 2021 Review / Q1 2022 Preview

Sleepy Gremlin here to screen a preview into the next year and quarter. 2021 was a weird year. I like history a lot, and I believe the 2020-2022 years will go down as some of the weirdest and or most influential in a long time. Simply a neutral perspective, big events lead to big consequences. Bigger events in the USA probably haven't been seen since 9/11 or the end of the USSR. However, I digress.

The market has mirrored this year, it makes sense, then it doesn't. The future is here, except its not or its not making any money at all. Dividends are launching into space, so are stocks of companies that maybe have seen better days. It is a great reminder of how unpredictable the market and world can be, and how steady these dividend churners are. So lets look at Q4 from a dividend perspective. 

Q4 2021:

Over the last quarter I added shares of my employer, Pepsico (PEP), and Starbucks (SBUX) in my taxable account. I also added to Cisco (CSCO), Corning (GLW), Kraft Heinz (KHC), and Portland General Electric (POR) in my retirement accounts.

Last quarter I brought in a total of $1,243.54 in dividends ($610.54 taxable, $324.32 Roth, and $308.68 in my IRA).  In closing 2021, the dividend count was 5.26% higher than last year. 

In terms of dividend increases, I realized 15 raises from Black Hills Corp (BKH), McDonald's (MCD), Microsoft (MSFR), Realty Income (O) x2, SBUX, South Jersey Industries (SJI), Union Pacific (UNP), VF Corp (VFC), Broadcom (AVGO), Deere (DE), Matthew's International (MATW), Exxon Mobil (XOM), Emerson Electric (EMR), and Verizon (VZ). The increases range from just about 1% to more than 15%. This brings my total raises to 61 on the year, 11 less than last year's final total.

Next quarter I will realize 17 dividend increases from Archer Daniels Midland (ADM), Amgen (AMGN), Bank of Montreal (BMO), Scotiabank (BNS), My Employer (B**), CIBC (CM), Eastman Chemical (EMN), Norwood Financial (NWFL), O, Royal Bank of Canada (RY), Toronto Dominion Bank (TD), Waste Management (WM), Union Pacific (UNP), Arrow Financial (AROW), Abbott Labs (ABT), Kimberly Clark (KMB), and CVS.  The increases range from 0.2% to around 25%.

In addition, I added $1500 in profits from options and speculation trading.  I am decreasing my risk taking appetite heading into 2022. 2020 and 2021 were positive years, but I am committing only to a smaller speculation portion going forward until at least 2023 for a variety of personal reasons.

NOTE: I only count increases when realized, because until that money is delivered any statements or declarations are simply conjecture.

Q1 2022:

The mortgage continues and I am putting extra cash towards the principal monthly - not a huge number, but every little bit counts. Our debts currently outstrip our assets, since I do not count my home as an asset until I own it outright.

The buys shall continue until financial independence improves - with monthly rolling buys of course.

My portfolio page is currently up to date.

2021:

  • Invest a total of $11000 across all accounts. Made it 3/4 of the way, not mad just my reality.
  • Receive $2200 in taxable dividends and $1500 in speculative cash. Success.
  • Weight, get back to my regular weight (lose the Covid 15). Utter failure, try again dude.

Last year I ended with this phrase "I have a feeling, no matter what happens 2020 will be another wild ride." Holy crap, I did not realize how right I was.  Well hopefully 2021 is a little less wild.

2022:

I only have a few goals for next year, but here they are:

  • Invest a total of $8000 across all accounts.
  • Receive $2800 in taxable dividends .
  • Weight, just lose a little of it.
I sincerely hope everyone has a better 2022 than 2021.  That said the it is always darkest just before the dawn and so go into 2021 as mentally, financially, and physically prepared as you can.

Hope everyone has a great January, a better 2021, and a Happy New Year!
- Dividend Gremlin
- Long all stock tickers mentioned

Friday, October 1, 2021

Q3 Review / Q4 Preview, 2021

 Fall Fever Gremlin here to talk about this last summer quarter.  The quarter was filled with the important things: a brief vacation, kids learning how to talk, ridiculous market fluctuation, and of course lot of sweat in the heat. My account continues to hit new highs, then decline, then go higher, and then repeat.  Its kind of amusing, almost as amusing as watching England lose the UEFA Euro championship and all of the ridiculous issues surrounding the Toyko Olympics.  We are truly living in strange times, were the absurd is just normal.

The portfolio keeps chugging along, though the pace always slows in summer. This fall and winter should be a big.

Q3 2021:

Over the last quarter I added to my employer, Bank of Nova Scotia (BNS), Johnson and Johnson (JNJ), and Union Pacific (UNP) in my taxable account. I also added to Arrow Financial Services (AROW), Corning (GLW), Cisco (CSCO), and Portland General Electric (POR) in my retirement accounts.

No positions new were opened.

Last quarter I brought in a total of $1,256.75 in dividends ($616.83 taxable, $291.82 Roth, and $348.10 in my IRA).  The dividend count was 24.5% higher than last year. 

In terms of dividend increases, I realized 15 raises from Cardinal Health (CAH), Hershey's (HSY), Kroger (KR), Leggett and Platt (LEG), Medtronic (MDT), Morgan Stanley (MS), National Retail (NNN), Realty Income (O), POR, Target (TGT), Discover (DFS), Smucker's (SJM), Walgreen's (WBA), Westlake Chemical (WLK), and Essential Utilities (WTRG). The increases range from just about .2% to 100%. This brings my total raises to 46 on the year.

Next quarter I already know that I will realize 7 dividend increases from McDonald's (MCD), Microsoft (MSFT), Starbucks (SBUX), and First of Long Island (FLIC).  The increases range from 5% to 10%.

I continue to sprinkle in some minor speculation profits and even associated dividends. This activity is still minimal and explicitly aimed at boosting my dividend portfolio.

NOTE: I only count increases when realized, because until that money is delivered any statements or declarations are simply conjecture.

Q4 2021:

The mortgage continues,at its new lower rate and monthly payment, with extra cash towards the principal monthly. Our debts currently outstrip our assets, since I do not count my home as an asset until I own it outright. Also sadly I traded in my car for a new minivan. 3 kids in 3 car seats - even the smallest ones these days are huge.

The buys shall continue until financial independence improves - with monthly rolling buys of course.

My portfolio page is currently up to date.

Hope everyone has a colorful fall!

- Dividend Gremlin
- Long all stock tickers mentioned

Monday, July 5, 2021

Q2 Review / Q3 Preview, 2021

 Big News Gremlin here to recap Q2 - Spring has Sprung. A lot of changes came last quarter - my daughter's 3rd open heart surgery was a major success, my investment accounts on the taxable side smashed through $100k in value, we traded in my car for a van (sad times), and oh we had our 3rd kid. He, and by that I mean #3, will be the last one. It was a nice surprise, he's healthy and growing already. Otherwise life is starting to get back to some sort of normal, but I will caveat that with a general observation that things are very different. Less stress about surgeries, some new stress about the baby, and an honest sinking feeling that the world (USA at least) thinks the pandemic is over when in reality I'd bet its at halftime. Having some experience in the environmental and biologic world, it just seems that way. Don't quote me, I'm not a doomsayer - rather just a pragmatist.

I keep adding to my positions - both dividend and my small speculation pool. I am hoping to really crush my annual totals by last year with a solid margin. Lets see how my dividend pool is working to achieve that.

Q2 2021:

Over the last quarter I added to Amgen (AMGN), American Express (AXP), my employer, Johnson and Johnson (JNJ), McDonald's (MCD), Medtronic (MDT), South Jersey Industries (SJI), Sonoco (SON), and VF Corp (VFC) in my taxable account. I also added to Arrow Financial Services (AROW) and isco (CSCO), and Portland General Electric (POR) in my retirement accounts.

No positions new were opened.

Last quarter I brought in a total of $1,165.55 in dividends ($602.78 taxable, $272.74 Roth, and $290.03 in my IRA).  The dividend count was 27% higher than last year. 

In terms of dividend increases, I realized 15 raises from Apple (AAPL), CSCO, Evercore (EVR), General Dynamics (GD), JNJ, Coca Cola (KO), Realty Income (O), Pepsico (PEP), Raytheon (RTX), Union Pacific (UNP), Walmart (WMT), Ameriprise Financial (AMP), Deere (DE), Kimberly Clark (KMB), and Kinder Morgan (KMI). The increases range from just about .2% to more than 18+%. This brings my total raises to 31 on the year.

Next quarter I already know that I will realize 7 dividend increases from Kroger (KR), Leggett and Platt (LEG), MDT, Morgan Stanley (MS), POR, TGT, and Essential Utilities (WTRG).  The increases range from 0.2% to 100%.

No additional profits from options and speculation trading 2021. I will probably just issue an end of year total as its a lot more work to add this up even quarterly, and I'm trying not to add extra work.

NOTE: I only count increases when realized, because until that money is delivered any statements or declarations are simply conjecture.

Q3 2021:

The mortgage continues,at its new lower rate and monthly payment, with extra cash towards the principal monthly. Our debts currently outstrip our assets, since I do not count my home as an asset until I own it outright. Also sadly I traded in my car for a new minivan. 3 kids in 3 car seats - even the smallest ones these days are huge.

The buys shall continue until financial independence improves - with monthly rolling buys of course.

My portfolio page is currently up to date.

Hope everyone has a safe summer!

- Dividend Gremlin
- Long all stock tickers mentioned

Friday, April 2, 2021

Q1 Review / Q2 Preview 2021

 

Winter is over Gremlin, and I'm here to talk spring.  Specifically, daylight's savings time, I would that hour back. Anyways, what a wild first quarter. It has had it all - an attempted insurrection, a short squeeze(s?), multiple hedge funds deciding they didn't want to continue making money, vaccine shots, a surgery postponement, and a home refi. Now I could talk about all of those to myself for hours, so I'll skip the things you should know about and get into the ones you probably don't.

First, my second vaccine shot is in ten days and my wife has gotten hers, sweet. Second, my daughter's next surgery was postponed to Q2 - giving us ample time to crush our out of pocket max. Third, we refinanced our home and now pay less each month at a significantly better rate. That couldn't have come a moment too soon as we will be running on one income (mine) for the next year or so.

Long term, I have been pouring anything I can into investments. My speculation has produced a decent amount of returns that helped me buy a few more shares here and there.  It all counts, and sure dividends are the boring road at first. However, the increases are starting to get to a point where they are doing some solid lifting and I cannot wait to see how this year goes with regard to that.  So lets see what I bought and what has changed.

Q1 2021:

Over the last quarter I added to Apple (AAPL), Cisco (CSCO), Hershey's (HSY), Kroger (KR), Medtronic (MDT), Morgan Stanley (MS), Norwood Financial (NWFL)*, Portland General Electric (POR)*, South Jersey Industries (SJI)*, Unilever (UL), Waste Management (WM), and WalMart (WMT) in my taxable account. In addition, my Eaton Vance (EV) position was converted to MS and cash as it was acquired by MS - in my taxable account.  I also added to Arrow Financial Services (AROW), CSCO, Kinder Morgan (KMI), POR*, and First of Long Island (FLIC) in my retirement accounts. Finally, I moved 5 shares of 3M (MMM) from my IRA to my Roth as a rollover distribution.

* NWFL, POR, and SJI all represent positions new to my accounts.

Last quarter I brought in a total of $1,113.92 in dividends ($527.01 taxable, $265.90 Roth, and $321.01 in my IRA).  The dividend count was 5.8% higher than last year and that does not include $888.38 in special dividends received - in this case from MS/EV transaction. 

In terms of dividend increases, I realized 16 raises from  my employer, Archer Daniel's Midland (ADM), Amgen (AMGN), Canadian National Railway (CNI), Eastman Chemical (EMN), Eaton Corp (ETN), MMM, Realty Income (O), Sonoco (SON), Unilever (UL), Waste Management (WM), YUM Brands (YUM), Abbott Labs (ABT), Corning (GLW), Prudential (PRU), and T Rowe Price (TROW). The increases range from just about .2% to more than 18%. This brings my total raises to 14 on the year.

Next quarter I already know that I will realize two dividend increases from CSCO, Coca Cola (KO), O, WMT, and Kimberly Clark (KMB).  The increases range from 0.2% to around 6%.

In addition, I added $1313.68 in profits from options and speculation trading for 2021 so far.  This total will be taxed at a higher rate, but it is clear that this is an important tool to add to the portfolio.  The extra cash was mostly put towards new dividend shares and creating a perpetual trading machine on the side. I do not use a lot of cash or chase lots of risks.

NOTE: I only count increases when realized, because until that money is delivered any statements or declarations are simply conjecture.

Q2 2021:

The mortgage continues, but was refinanced!  We now have a lower rate, lower monthly payment, and I am still putting extra cash towards the principal monthly - not a huge number, but every little bit counts. Our debts currently outstrip our assets, since I do not count my home as an asset until I own it outright.

The buys shall continue until financial independence improves - with monthly rolling buys of course.

My portfolio page is currently up to date.

Hope everyone has a great spring!

- Dividend Gremlin
- Long all stock tickers mentioned

Sunday, January 3, 2021

Q4 2020 Review / Q1 2021 Preview

Cold Brew Gremlin here. Wow.  What an end to a long and strange year. This 2020 has seen a pandemic (which will continue longer than people realize), an election, a massive stock market sell off, record stock market highs, the rise of news organization arguing over what actually happened, multiple international conflicts (Armenia-Azerbaijan, Ethiopia, the Ukraine, etc.), the rise of SPACs, a postponed Olympics, etc.  Its hard to remember a year that has had more events from which I have felt almost completely detached.  

On top of that there have been some amazing personal moments.  My daughter underwent and now has recovered from an 15 hour open heart surgery, which is definitely the biggest win for my family.  I promised to talk about that, so here is my quick soap box talk. My daughter has undergone two open heart surgeries at two different hospitals. The total cost from the hospitals, not including doctor costs, has been approximately $1.5 million.  If you were to include doctor costs it is easily 1.6 or 1.7.  Our total costs, annually, have been $8000 and $8300 in 2019 and 2020, respectively.  The remainder was picked up by insurance.

This is also not the end of her care; she will have her next surgery in early 2021 and none of the travel or external costs are represented.  Luckily my employer has a few plans to choose from. Since I knew we were having children I selected the most aggressive plan with the lowest out of pocket maximums.  I know a lot of personal finance sites eschew this in favor of cheaper plans or none at all, but if you have the choice pay it up front.  Specifically this applies to people who have medical issues in the USA or anyone having any kids (and definitely with any special issues like one with a heart problem).

Financial wise I have continued adding dividend positions, but I have also added options and speculation. The vast majority of our portfolio is still in dividend growth stocks (95%). Our net-worth has also increased this year, which is a bit nuts.  So many people have had lives destroyed this year, which is just awful - and that is a constant reminder to me.  As our net-worth improves I always try to give a little back. Though we are still only on one income until at least the fall of 2021, so the ship is a little being run tightly.

So lets look at Q4 from a dividend perspective. 

Q4 2020:

Over the last quarter I added to American Express (AXP), Black Hills Corp (BKH), Evercore (EVR), Johnson and Johnson (JNJ), National Retail (NNN), Pepsico (PEP), Raytheon Technologies (RTX), and AT&T (T) in my taxable account. In addition, I closed out my Disney (DIS) and Kellogg's (K) positions in my taxable account.  I also added to Arrow Financial Services (AROW), Cisco (CSCO), and First of Long Island (FLIC) in my retirement accounts.

Last quarter I brought in a total of $1,251.82 in dividends ($696.93 taxable, $234.51 Roth, and $302.38 in my IRA).  In closing 2020, the dividend count was 12.51% higher than last year and that does not include $272.50 in special dividends received. 

In terms of dividend increases, I realized 9 raises from BKH, EVR, McDonald's (MCD), VF Corp (VFC), AROW, Broadcom (AVGO), Matthew's International (MATW), Emerson Electric (EMR), and FLIC. The increases range from just about 1% to more than 15%. This brings my total raises to 72 on the year, 14 more than last year's final total. I also realized one cut of approximately 33% by KHC.

Next month I will realize two dividend increases from Realty Income (O) and Eastman Chemical (EMN).  The increases range from 0.2% to around 5%.

In addition, I added $720 in profits from options and speculation trading.  This total will be taxed at a higher rate, but it is clear that this is an important tool to add to the portfolio.  The extra cash was mostly put towards new dividend shares and creating a perpetual trading machine on the side. I do not use a lot of cash or chase lots of risks.

NOTE: I only count increases when realized, because until that money is delivered any statements or declarations are simply conjecture.

Q1 2021:

The mortgage continues and I am putting extra cash towards the principal monthly - not a huge number, but every little bit counts. Our debts currently outstrip our assets, since I do not count my home as an asset until I own it outright.

The buys shall continue until financial independence improves - with monthly rolling buys of course.

My portfolio page is currently up to date.

2020:

  • Invest a total of $10000 across all accounts. Done.
  • Receive $1900 in dividends from the taxable account. Sorta, without special dividends 1844, with them 2117 - so I'll take the win.
  • Exercise ~ 4x per week. Fail, between the pandemic and a prolonged hospital stay this just got left behind.
  • Reduce total spending (after mortgage payments) by 5%.  Because of hospital stuff I don't even know how to count this one fairly, but definitely a fail by all standard measures due to travel. While at home we actually did reduce costs so, that is cool.

Last year I ended with this phrase "I have a feeling, no matter what happens 2020 will be another wild ride." Holy crap, I did not realize how right I was.  Well hopefully 2021 is a little less wild.

2021:

I only have a few goals for next year, but here they are:

  • Invest a total of $11000 across all accounts.
  • Receive $2200 in taxable dividends and $1500 in speculative cash.
  • Weight, get back to my regular weight (lose the Covid 15).
I sincerely hope everyone has a better 2021 than 2020.  That said the it is always darkest just before the dawn and so go into 2021 as mentally, financially, and physically prepared as you can.

Hope everyone has a great January, a better 2021, and a Happy New Year!
- Dividend Gremlin
- Long all stock tickers mentioned

Saturday, October 3, 2020

September Review / Q4 Preview 2020

Back Home Gremlin here to talk about September and the path forward.  It has been a long time since I've been home and still am working to find my feet.  The world seems to be, amazingly, in a weirder state than when we first traveled for my daughter's surgery.  I certainly did not expect it to go that way, but here we are (its like humanity never learns, same with the market). Investment wise I eliminated two laggard/mediocre positions and increased some that are better geared for my goals.  In addition, I have a small pot of play money I am using for trading - which I view as a small amount of resources to look for big returns.

The situation for everyone is likely vastly different than it was 7 or so months ago, and I am no exception.  My daughter will require more attentive care while at home until her next major surgery early next year.  That is on top of the usual work - parent of young children life balance problems that I (and a lot of others) share. Because of these facts I am going to only post an update for next quarter and my end of year closeout this year. Going forward I will probably stick to quarterly updates.  Portfolio wise I hope to provide an update for August and September combined, and for Q4 I will combine all of my portfolio / dividend updates in one place.  For the record, my Q1-Q4 will line with the calendar.

September:

This month I added shares to 11 positions in my accounts.

Last month I brought in a total of $497.29 in dividends ($211.21 taxable, $125.36 Roth, and $160.72 in my IRA).  This is an increase from last year ($436.5 total) by 13.9%.

In terms of dividend increases, I realized 6 dividend increases from Hershey's (HSY), Kroger (KR), Target (TGT), Smuckers (SJM), Walgreens (WBA), Westlake Chemical (WLK), and Essential Utilities (WTRG). This keep my total amount of raises to 39 for 2020.

Next month I will realize 2 dividend increases from Realty Income (O) and the First of Long Island Corp (FLIC).  The increases range from 0.2% to 5.5%.  My fund also experienced a 1 to 4 split from Apple (AAPL).

My fund has absorbed the following cuts or suspensions this year: Disney (DIS) [sold], Dunkin Brands (DNKN) [sold], the Gap (GPS) [sold], YUM China (YUMC) [sold], Kontoor Brands (KTB) [sold], WestRock (WRK) [sold], and Welltower (WELL) [hold]. In addition, I have eliminated Kellogg's (K) and Keurig Dr Pepper (KDP) - my simple reasoning here is these companies should have had excellent years and have been mediocre.

NOTE: I only count increases when realized, because until that money is delivered any statements or declarations are simply conjecture.

Q4:

The mortgage continues and I am putting extra cash towards the principal monthly - not a huge number, but every little bit counts. Our debts currently outstrip our assets, because I consider our house a liability and NOT an asset.

I will continue to make rolling purchases going forward, and I will supplementing with minor trading - separate from my primary portfolio.

My portfolio page will be updated soon.

Hope everyone has a chance to relax a little.
- Dividend Gremlin
- Long all stock tickers, minus those sold