03-08-2023, 07:50 AM
(This post was last modified: 03-08-2023, 08:00 AM by ken-do-nim.)
Just some morning portfolio analysis to amuse myself on a rare morning where India is on holiday and I have some spare time. I computed the following:
1) While E*Trade reports my annual dividends as $15,909.46, my computations works out to $14,025.17.
2) Of that sum, I can reliably count on $8,249.60 of fixed dividends. Most of the variability is due to ZIM, which is expected to have a large payout announced very soon for April, then is expected to go much lower for the balance of '23 and all of '24, and resume high payments in '25.
3) SCHD is very difficult to figure into these calculations. It is not fixed per quarter, but they announce 4 quarters in advance, so in essence it is reliable. Speaking of which ... the annual announcement of their next 4 quarters of payouts is overdue!!!! Once I get that info, I will find the average and add it to the $8,249.60 figure, which should put my reliable dividends into the mid 8s.
4) My portfolio is still weak on true DGI. Of that $8k figure, only $2,537.91 comes from true DGI payers. Companies like Oracle, Ford, and Seagate, and higher yielders like Ares Capital and Eagle Point Credit I'm not counting in this, because though they definitely raise the dividend sometimes, it is not reliably every year.
5) Next I should start tracking the amount of dividend growth I earn per year, which is a bit tricky to do as I do occasionally add to my positions. But if I get 8% growth, then I should get around $200 from those, and then maybe another $200 from the 'occasional growers'. It will be interesting to see.
Currently my dividends are allocated in 3 ways: 1) help the monthly budget to pay my bills 2) fund the ROTH IRA 3) fund monthly SCHD investments, it doesn't leave a lot left over to boost other positions. But my company stock is started to rebound, so hopefully in 2024 I can resume the quarterly move of funds from company stock to this account, and then I will focus squarely on increasing my DGI position.
1) While E*Trade reports my annual dividends as $15,909.46, my computations works out to $14,025.17.
2) Of that sum, I can reliably count on $8,249.60 of fixed dividends. Most of the variability is due to ZIM, which is expected to have a large payout announced very soon for April, then is expected to go much lower for the balance of '23 and all of '24, and resume high payments in '25.
3) SCHD is very difficult to figure into these calculations. It is not fixed per quarter, but they announce 4 quarters in advance, so in essence it is reliable. Speaking of which ... the annual announcement of their next 4 quarters of payouts is overdue!!!! Once I get that info, I will find the average and add it to the $8,249.60 figure, which should put my reliable dividends into the mid 8s.
4) My portfolio is still weak on true DGI. Of that $8k figure, only $2,537.91 comes from true DGI payers. Companies like Oracle, Ford, and Seagate, and higher yielders like Ares Capital and Eagle Point Credit I'm not counting in this, because though they definitely raise the dividend sometimes, it is not reliably every year.
5) Next I should start tracking the amount of dividend growth I earn per year, which is a bit tricky to do as I do occasionally add to my positions. But if I get 8% growth, then I should get around $200 from those, and then maybe another $200 from the 'occasional growers'. It will be interesting to see.
Currently my dividends are allocated in 3 ways: 1) help the monthly budget to pay my bills 2) fund the ROTH IRA 3) fund monthly SCHD investments, it doesn't leave a lot left over to boost other positions. But my company stock is started to rebound, so hopefully in 2024 I can resume the quarterly move of funds from company stock to this account, and then I will focus squarely on increasing my DGI position.