4th Quarter Portfolio Growth Update

26 Dec 2014 14:28

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Quarterly Dividend Growth
% from Div Growth 2.23%
% from New Investments 1.87%
% from Reinvested Div 0%
% from Special Dividends 0%
% Overall Growth 4.11%

The 4th Quarter was one of my best for straight up passive dividend growth which contributed 2.23% dividend growth for just one quarter.

As mentioned in my last update Microsoft (MSFT) had 11% increase in dividends. BP (BP) surprised with a 3.4% increase in dividends despite ongoing legal and oil price concerns though I will temper no growth in 2015 considering the landscape in the oil industry right now. Bar Harbor Bank (BHB) continues with its ever continuing quarterly increases that grew 2.17% and is emerging as a dividend darling in my portfolio.

The largest surprise which I did not see coming was from Seagate (STX) who bumped up their quarterly rate by 25.58%. Every time I think STX will slow down they continually surprise and remain one of my best overall growth holdings in regards to yield and total return. To date my annual dividend yield on original cost is a whopping 8.49%, considering I bought this position 2 years ago it now yields better than most REITs and at a lower tax rate.

Looking forward to the first quarter of 2015 I have already received notifications from Maiden Holdings (MHLD) increasing its payout by 18.18% and General Electric (GE) increasing its payout by 4.55%. Other holdings I am looking forward to announce dividend increases in the first quarter include PPL (PPL) , Air Products (APD), Waste Management (WM), and HCP Inc (HCP).

Overall 2014 was a great growth year and my portfolio now yields a healthy 5.66%. Hopefully 2015 will be just as kind.

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