Portfolio update – April 2015

At the end of April 2015, my portfolio stood at $94,021.37 across all my accounts combined. Comparing to my portfolio balance of $90,105.87 at the end of March 2015, this represents an increase of $3,915.50 for the month of April which represents a 4.34% increase for the month.

Of the increase, new investments accounted for $1,964.50, thereby giving a net portfolio increase of $1,951.00 or 2.16% for the month. This follows a decrease of almost 3.65% in March.

I continued my weekly sharebuilder purchases in April. In addition to that, I added to my National-Oilwell Varco, Inc (NOV) position. I had started a position in NOV in March and added a bit again after the stock dropped after results in April. After a great month for new investments in March (over $5,000), I did not invest as much in April.

Here is a graph showing the growth of my portfolio since 2009. As always, it is satisfying to see the graphs going higher each month/year. It reinforces the fact that I am making progress towards my goals.

 

Disclosure: Long on all stocks mentioned above.

10 thoughts on “Portfolio update – April 2015

  1. Nice to see the continued growth in portfolio value, DGJ. That chart sure is headed in the right direction.

    R2R

  2. Great portfolio growth and accompanying chart too. While this growth is nice we mustn’t forget that the real prize is the cash generation our portfolios can produce. Stock prices fluctuate dramatically on a day to day basis but it’s our dividend growth that we really need to focus on. Great job and thanks for sharing.

    • DivHut,

      You are right. The key figure is the dividend income that the portfolio can produce.

      But again, the portfolio value has to increase over time so that the dividend can increase as well (or the other way around). These kinda go together (more often than not). Let’s say a stock is at $100 paying $3 dividends (3% yield). If for whatever reason, the stock drops to $50, the company may not be able to afford the same $3 dividend. They might do it for a quarter or a year. But not for long. The stock price dropped for some reason (most likely lack of profits etc) and therefore, the company has to cut the dividends at some point. Things like this happened in recently with energy stocks. So either the stock price has to catch up or the dividends has to fall.

      Therefore, even though we are investing for dividends, the portfolio value does have some bearing on the dividend income over the long term.

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