Not much happened in terms of investing activity in April because I have temporarily suspended new capital investment, as discussed in a previous post. However, considering the limited selection of attractively valued dividend growth stocks out there right now, I feel a bit relieved that I don't have to make any buying decisions for a while. That said, here is a review of what happened in April:
Dividends: I received a total of $184.97 in dividends from the following stocks:
- CNI: $7.19
- GPC: $26.88
- ITW: $15.20
- KO: $16.80
- MDT: $14.30
- NVS: $55.20
- PM: $42.50
- UNP: $6.90
Dividend Increases: I was pleased to see dividend increases announced for four stocks (click on each stock to see my post about the increase):
- PG: 7.0% increase, $7.92 more in annual dividend income
- KMI: 2.7%, $3.60
- CVX: 11.1%, $8.00
- JNJ: 8.2%, $7.00
Savings: This month I saved $1,510 (51.9%) of my net job income, which is essentially identical to what I saved in the previous month. The number excludes selected expenses associated with my apartment-seeking trip that will be reimbursed by my new employer. It also excludes the tax refund I received at the beginning of the month and my Q1 income from Seeking Alpha. Thus far this year, my mean monthly savings has been $1,464 (50.3%).
Portfolio: My portfolio (taxable account and Roth IRA together) currently consists of 28 stocks and has a market value of $84,861.32 (including cash), which is a 3.2% increase over last month's value. As in March, I did not add any new capital in April, so the increase is completely due to capital gains and dividends. Interestingly, I noticed that I have an unrealized capital gain on every single stock in my portfolio.
Seeking Alpha: This month I published one new article on the investing website Seeking Alpha:
Looking Ahead: In May I will see a larger year-over-year increase in dividends than I did in April. I am anticipating announcements of dividend increases from only INTC and VOD; the latter should be announcing its second semi-annual dividend for 2013. My savings rate will probably be similar to what it has been in recent months. I do not anticipate making any stock transactions, unless the market rally continues and one of my stocks gets extremely overvalued. A few stocks I hold are already moderately overvalued, but not to the extent where I feel I need to take any action. Thus, I will likely remain on the sidelines and just continue monitoring earnings reports and other events.