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A Real Dividend Growth Machine: 2019 Mid-Year Portfolio Review

Published Thu, 11 Jul 2019 19:25:58 -0400 on Seeking Alpha

The purpose of this article is to review my investing progress in the first half of 2019. I follow a value-oriented dividend growth investing strategy that involves buying attractively valued stocks of companies that consistently pay and grow their dividends. I have two long-term investing goals:
Build a sustainable and rising dividend income stream that beats inflation. Preserve and grow my capital by attaining a satisfactory total return on my investments. In this article, I will provide an update on my progress toward achieving these goals since my previous review. As always, I will be presenting real results from a real portfolio involving real money.
I want to elaborate on that last point before jumping into the review. I recently read an article promoting a new dividend service in Seeking Alpha’s Marketplace. As part of the pitch, the authors showed the results of a model portfolio over the past 25 years, highlighting its outperformance of a proxy for the S&P 500 index. Here are some ways in which my results differ from theirs:
My results reflect a real (not model) portfolio involving real money. Stocks can only be bought when there is money available to invest. Orders really have to be executed. Transaction fees exist. Taxes have to be considered (for stocks held in my taxable account). Portfolio decisions have actual consequences. My results are real, not the output of a back test involving survivorship bias. Moreover, my results come from... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
ALTRIA GROUP 44.46   13.2 3.36 3.36 7.23
ABBVIE 70.83   26.0 2.72 4.28 6.28
AT&T 38.38   16.1 2.38 2.04 5.43
CVS CAREMARK 63.90   17.9 3.57 2.00 3.14
BLACKROCK 434.75   16.5 26.34 13.20 3.08
TD AMERITRADE HOLDING 49.38   13.1 3.76 1.20 2.47
TEXAS INSTRUMENTS 130.22   23.8 5.47 3.08 2.42
GENERAL DYNAMICS 189.41   16.8 11.25 4.08 2.17
RAYTHEON 197.45   18.2 10.87 3.77 1.95
UNITEDHEALTH GROUP 230.10   17.3 13.32 4.32 1.86
FEDEX 173.51   93.8 1.85 2.60 1.51


Older articles featuring Altria Group (MO):
Revisiting A Dividend Portfolio Of The World's Best Dividend ETFs
The Best Dividend Stocks To Buy With The Market Near Record Highs
The Retiree's Dividend Portfolio - Jane's August Update: Price Targets
A Dividend Growth Analysis Of The Dividend Champions
My Dividend Growth Portfolio July Update: 44 Holdings, 3 New, 5 Buys, 3.45% Yield
The Retirees' Dividend Portfolio - John And Jane's August Taxable Account Update: MLP Update
Dividend Kings: August Dividend Growth Analysis
The 7 Best Dividend Aristocrats To Buy With Recession Risk This High
100-Stock Dividend Portfolio Update For August 2019
U.S. Dividend Stocks On Discount - September 2019