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DGI For The DIY: Q3 2020 Dividend Portfolio Update

Published Mon, 21 Dec 2020 09:03:01 -0500 on Seeking Alpha

Seeking AlphaDividend StrategyDGI For The DIY: Q3 2020 Dividend Portfolio UpdateDec. 21, 2020 9:03 AM ET|| Includes: ABBV, D, LMT, LOW, MO, MSFT, O, PM, SBUX, SRE, WBA, WFC, WSO, WSO.B, XELby: Eric LandisEric Landis Dividend Growth Investing, long-term horizon, Value, Growth At Reasonable PriceDgi For The Diy.cls-1{fill:#024999;}SummaryDividend growth moderated in Q3, as portfolio income growth dropped to 4.5%.
Two trades were made following dividend cuts from Dominion Energy and Wells Fargo.
Despite the market's volatility, I remain on pace to meet the goal of double-digit income growth for the year.
The third quarter of 2020 was another productive one in the market, as all three major indices saw strong returns. The Nasdaq once again led the way, gaining over 11%, while the DOW gained 10.66% and the S&P nearly 8%.
Data by YChartsThe DGI For The DIY portfolio also performed well, as it continued its recovery from March lows by adding a nearly 7.5% gain during the quarter. This increase pushed the portfolio value to a new all-time high, breaking the $90,000 mark for the first time.
It's been quite a roller-coaster this year. Seeing the portfolio at all-time highs is something I never expected to see after March's huge market drop.
Project Background
The "DGI For The DIY" portfolio was created in 2013 when I liquidated the mutual funds in my IRA and used the proceeds to create a new portfolio of dividend growth stocks. I've been writing quarterly updates on the portfolio ever since, documenting its progress and my lessons learned as a Do-It-Yourself "DIY" Dividend Growth Investor "DGI".
I am a 42-year old civil engineer who is married with three young children (and a fourth on the way). I share my personal story in an attempt to inspire others to take control of their finances and plan for their future.
I've found that writing these updates keeps me focused on the goal ahead, which is securing a growing income stream to help... 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
PHILIP MORRIS INTERNATIONAL 74.90   14.9 5.03 4.68 6.12
DOMINION RESOURCES 78.54   53.8 1.46 3.67 4.77
WELLS FARGO 48.65   10.0 4.84 2.04 4.22
WATSCO 169.19   26.4 6.41 6.40 3.88
REALTY INCOME 74.49   56.9 1.31 2.72 3.69
WALGREENS BOOTS ALLIANCE 55.56   10.9 5.10 1.83 3.22
SEMPRA ENERGY 143.66   20.9 6.87 3.87 2.73
XCEL ENERGY 63.07   25.7 2.45 1.62 2.57
LOCKHEED MARTIN 386.63   18.8 20.52 8.80 2.31
LOWES COMPANIES 113.88   35.6 3.20 2.20 1.91
STARBUCKS 92.06   32.6 2.82 1.44 1.59
MICROSOFT 137.52   27.1 5.07 1.84 1.35

ALTRIA GROUP - MO
ALTRIA GROUP - MO  


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