1st Quarter Portfolio Growth Update

03 Apr 2015 11:27

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Quarterly Dividend Growth
% from Div Growth -3.28%
% from New Investments 1.01%
% from Reinvested Div 2.77%
% from Special Dividends 0%
% Overall Growth 0.51%

Though the charts may show an ugly picture the 1st quarter had tremendous of growth opportunities but like many others the portfolio was not immune to the collapse of oil prices.

On that note we will start with the bad and get the pain over with quick. The collapse in oil prices caused two of my holdings to reduce dividend payouts and it cut my annual dividend by $170. Ouch! It could have been worse but here is a great example of diversification. Energy stocks only represented 8% of my portfolio and vastly limited my annual income loss to only 6%.

Now here is the good. I had five positions increase their annual payouts. Staring out there was Maiden Holdings (MHLD) who bumped up their dividend payout by 18.18%. After increasing my position last November by an additional 100 shares this was a nice boost.

Hasbro (HAS) continues to be a stalwart as they increased their payout by 6.97%.

Qualcomm (QCOM) is living up to their commitments of returning to shareholders as they bumped up the payout by 14.28%.

General Mills (GIS) continues to be amazing with consistent raises in the 7-8% and did not disappoint with their 7.31% raise.

Finally there is Waste Management (WM) with a 2.66% increase. While not spectacular it still beats the inflation rate and the primary reason I hold WM is as a defensive position.

Next quarter will be the last to feel the effects of the oil industry so I'm looking to the 3rd quarter to reset my growth on an upward path.

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