Long time no writing.. Well I have been busy lately, so here I will give an update on my portfolio as we are soon ending febrary. This month has brought me both good things and some bad things… Let’s start with the bad things for my portfolio and end with the good news.
Well the bad news is that the company that I have about 28 % of my cash in(yes I know it is much, and I want invest more in this one yet..) has now after Q4 reporting said that they would drop to pay dividend for 2014, at least not yet… And that’s bad… All this because of the drop in oil… The company is FOE.OL (yahoo ticker) and is named Fred. Olsen Energy a norwegian company. With my current stock holding, and with what I and several real analysts thought they would pay 10 NOK in dividend (down from 20 NOK from the last years). See earlier postings on my thoughts about the dividend from that company. So now my projected total in dividend payments for 2015 is almost half of what I had in goal… That’s very bad, but I hope the oil price would start to raise then it might give me some from that company. A lesson thought then is not to gamble too much on one company, even if it has been stable for many years… It might not continue to do so… So I am now trying to even out my investments so that they are more even in size compared to my total invested capital.
On the bright side, I have got 114 NOK in dividends for february (well.. 114 NOK from stocks that has gone ex. dividend in this month). In 2014 this amount was 0 NOK… This is an improvement, even it isn’t any big numbers… but it’s good to see that there is some steady income every month. And I know march would be even better because I have increased my holdings in GLAD, (Gladstone Capital Corp.) which pays monthly dividends.
Further I would continue to invest in stocks in my current portfolio if there is no other better alternatives and my investments would still be in companies that pays dividends. I would stick to only this strategy in the nearest future.
I have not sold any of my stocks yet, even I have some candidates that have done good in the last weeks.
My total holdings are now: NOK. 54919.
||Value in NOK
||% of total holdings
|Fred Olsen Energy
|PennyMac Mortage Invesment Trust
|Gladstone Capital Corp
|Black Diamond Group
Well, that was all for now, I would give an update in march about the status of my portfolio and what I would get in dividends or about other things I have learned in the investment business.
Now the first month in 2015 has ended, and is time to summarize how much dividends have been accumulated on my account. Well, this month I have two stocks that have gone ex-dividend and that is AT&T and Gladstone Capital Corp. Since I don’t have large positions in those companies, yet, it isn’t much to brag about. It is 105 NOK, but it is a 54.4%!!! gain since 2014… :) so it quite a good increase if one is only looking at the percent increase, but anyway, it is a step in the right direction.. January 2014 I only got 68 NOK. Hopefully next January I would have increased this further. For the next few months I would have some small dividends, but all these would beat 2014, since I didn’t get any dividends until May(when I started my dividend trading). Well, what those dividends would be, will come with the update for that corresponding month.
You can follow my trading on http://almaasconsulting.net/TraderIdeas/. There you would see a complete list of my current portfolio, trades, dividends pr. month etc.
On this blog you can see my dividends for each month, per year under “Dividend History”.
It is giving me a good feeling to see that I get something back each month, regardless how the market is.
I was sitting yesterday evening and wondered about what the dividend yield for my portfolio was. It struck me that I maybe should keep a list to see how my portfolio looks like. So the first number i computed was my dividend yield. Well, it’s important to remember that I started investing with dividends in my mind from may, so the number is maybe a little bit low, but anyway I would use it for now, and next year I do have a whole year to compare with.
For now I do have to numbers: Price pr share and dividend yield:
I use my account value as book value, as I don’t have any debt. All is financed with my own cash.
Account value at 31.12.2014: 45605 NOK (not included cash, only value from positions)
Total # of shares at 31.12.2014: 730
Total dividends for 2014: 2473 NOK
Gives dividend yield like: 5,42%
Price pr. share: 62.47 NOK
I would update these numbers every 3 months to see how the value of my portfolio is growing or shrinking. When I do have performed this for a certain period, I would produce a graph for easier see if there is some trend in my investing.
I have now updated the figures on my watch lists. Now it can be found on: http://almaasconsulting.net/TraderIdeas. I hope you will found some of these companies interesting if you are interested in dividend paying investing.
I hope you have enjoyed the christmas holiday and are now ready for a new year with new possibilities. At least I am! My investing year ended ok, but I hope it will turn out better this year. I ended 2014 with 2473 NOK in dividends, and hopefully I would double this year! The current portfolio has lost some value, and I hope that some of it will turn and make some profits in the future. I am not worried, since I will get dividends from all my stocks in the portfolio.
Other goals for 2015 would be to write more often on this blog and make updated screens on my home page more often. I will also continue to read more investing books and reports from the companies I might invest in.
A goal for me will also be to see if I can learn something from W. Buffet and Benjamin Graham. I am at the moment reading the book “The Intelligent Investor” by B. Graham. I have just read the book “Warren Buffett Wealth – Principles and Practical Methods Used by the World’s Greatest Investor”. That was about how Warren Buffet invest and a history about how he built his wealth. I am looking forward to finish reading “The Intelligent Investor” and then see if I can understand how Graham was thinking and investing and hopefully this can influence my investing in a positive way.
Well, that’s all for now.
Today I got the book “The intelligent investor” from Benjamin Graham and “Warren Buffet Wealth – Principles and Methods Used by the World’s Greatest Investor” by Robert P. Miles. I have already started on the book by Benjamin Graham and finally I would read about what he discovered. I hope both these books would give me more knowledge about how to make better investments and what to look for when selecting companies to invest in. I will try to update about my readings if I find something interesting to share with you. Probably there will be a lot of things for me, but I will try to mention the most important things to you readers. I will also compare my investment strategies to what I read and see if I would create new one from these books or incorporate it in my current screens.
On 15th December I adjusted my portfolio. I added a small post to the dividend portfolio. It was the canadian company Black Diamond Group Ltd. I bought it at price 13.5 CAD. It has the ticker BDI.TO on finance.yahoo.com. This is a stock that pays monthly dividends and also has good growth prospects. As of writing this investment has rised with 12.8%!! It has a dividend yield on 6,9% annually estimated next 2 years. EPS growth is also increasing from 10.4% in 2015 and to 23% in 2016.That’s amazing, but I regret that I didn’t have more cash to invest.. It was taken from my last scan. So one can say this was a good investment. My goal for this investment is about 22-24 CAD. If this was a good investment, several of the other investments have started recover from heavy losses, and that feels good. I have lost a lot because of the recent drop in the price for crude oil. I haven’t sold, and it seems that was smart, hopefully it can get close to even, and I get profits from their dividends. I am now also pleased that my investments are long term and for dividends. I am more relaxed about my positions and the day – to – day changes. When I was trading based on technical analysis and performed trades with shorter time frame, I where more nervous and checked my positions many times pr day. And I am glad I don’t need to do that.