Welcome to this month’s report. ☀️🌱
Spring has finally arrived after a long break, and looking forward to the beauty of all the new growth.
The markets have continued their steady monthly increases since the end of October, especially through this year.
This has been an interesting stretch to buy into, as every small dip gets bought up in a couple days.
We still have a long way to go in the year though, and it remains to be seen if these returns will hold up with the volatility expected near the end of the year.
It’s been nice with many markets and indexes reaching all-times highs on the daily. However, the gap between those that benefit and those that do not from the rising market seems to be increasing.
Continuing to keep expenses low and savings/investing high, while dollar cost averaging into the markets is still the plan but can be difficult.
Collecting that easy 5.28% interest in the Vanguard money market fund with any yet to be deployed cash is a big plus.
The market is pricing in rates cuts in the second half of the year, but it’s dependent on future economic data.
So we will see how things shake out.
March Dividends:
Below is the dividend income received during March: (Values are in USD)
AVGO – 78.75
AWK – 70.75
AWK* – 39.83
AWR – 23.65
CEG* – 14.83
CHD – 29.79
CMI* – 16.80
DFS – 35.00
ESGV – 93.81
HWKN* – 4.82
JNJ – 59.50
KLAC – 23.20
KNSL* – 1.50
LAND* – 7.05
MCD – 35.07
MSFT – 37.50
NDAQ – 22.00
NEE – 25.75
NEE* – 51.89
NSSC – 10.00
QCOM* – 21.87
SO – 45.50
SWKS – 28.56
TGT – 71.50
TROW* – 37.62
UNP – 32.50
V – 17.68
VOO – 52.46
VTI* – 274.01
WCN – 9.41
WM – 54.00
WTRG – 30.71
WTRG* – 18.56
ZTS – 17.28
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March Dividend Totals: $1393.15
Total Payouts: 34 (tickers marked “*” are held in a retirement account)
Month Increase YoY: 41.7%
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A record total was achieved again in monthly dividends. 🎉 The higher than average growth % was mainly driven by funds held in a retirement account being available and put to work.
Recent Purchases:
Here are the recent buys made over the last few months. Lots of factors go into investing, including one’s own personal timeline, risk tolerances, goals, and other assets, etc.
AAPL
EME
CEG
AWK
WSO
XEL
A few total market index fund purchases have been made as well to further diversify holdings.
Portfolio Top 13 individual Holdings:
- Microsoft (MSFT)
- Broadcom Inc (AVGO)
- Apple (AAPL)
- Waste Management (WM)
- American Water Works (AWK)
- Arista Networks (ANET)
- Target (TGT)
- KLA Corp (KLAC)
- Church & Dwight (CHD)
- Alphabet Inc (GOOGL)
- UFP Technologies (UFPT)
- Visa Inc (V)
- MYR Group (MYRG)
The bigger changes appeared at the bottom in this month’s rankings. Two new names which is always good to see. Both longer term holds.
The first being UFPT, a small cap medical device and packaging company in the Healthcare sector.
And the second new name with MYRG, an electrical construction services business from the Industrial sector.
Both have been moving strongly to the upside lately, and while they don’t pay dividends yet, it may be in their futures.
We will see if they can keep the momentum up or will fall out of the list in the coming months.
Names like TMO, CAT, ZTS, JNJ and ACN are all in the mix looking to make the jump up next time…
Here’s to another month closer to reaching financial independence.
Thank you for reading and happy investing.
-Divcome
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