I celebrate home runs in milestone articles to illustrate that dividend growth investing can be quite lucrative! Home runs are perfect examples of Slow and Steady wins the Race and demonstrate why I prefer Time in the Market over Timing the Market.
DivGro's Home Runs
Here are details of DivGro's home runs with updated total returns (and annualized total returns):
|#1||General Dynamics (GD)||Own 100 shares||99%||22%|
|#2||Nippon Telegraph & Telephone (NTT)||CLOSED||125%||37%|
|#3||Digital Realty Trust (DLR)||CLOSED||102%||44%|
|#4||Altria (MO)||own 300 shares||24%||7%|
|#5||Reynolds American (RAI)||CLOSED||180%||53%|
|#6||Main Street Capital (MAIN)||own 300 shares||179%||27%|
|#7||Microsoft (MSFT)||own 100 shares||664%||87%|
|#8||UnitedHealth (UNH)||own 50 shares||105%||29%|
|#9||Northrop Grumman (NOC)||CLOSED||132%||46%|
|#10||McDonald's (MCD)||own 50 shares||118%||25%|
|#11||AbbVie (ABBV)||own 100 shares||173%||26%|
|#12||Lockheed Martin (LMT)||own 40 shares||63%||18%|
|#13||Raytheon Technologies (RTX)||own 100 shares||65%||27%|
|#16||Valero Energy (VLO)||CLOSED||90%||23%|
|#17||Aflac (AFL)||own 200 shares||94%||26%|
|#18||Apple (AAPL)||own 200 shares||749%||104%|
|#19||Xcel Energy (XEL)||own 200 shares||23%||8%|
|#22||Procter & Gamble (PG)||own 100 shares||23%||8%|
|#23||Taiwan Semiconductor Manufacturing (TSM)||CLOSED||47%||40%|
|#25||Air Products and Chemicals (APD)||own 16 shares||100%||22%|
|#26||QUALCOMM (QCOM)||own 100 shares||14%||6%|
|#27||Cummins (CMI)||own 100 shares||82%||24%|
|#28||NextEra Energy (NEE)||own 250 shares||25%||15%|
|#29||BlackRock (BLK)||own 35 shares||101%||22%|
|#30||T. Rowe Price (TROW)||own 150 shares||55%||13%|
|#31||Texas Instruments (TXN)||own 100 shares||82%||22%|
|#32||Alphabet (GOOG)||own 40 shares||157%||26%|
|#34||Lowe's (LOW)||own 100 shares||169%||32%|
|#36||NIKE (NKE)||own 15 shares||37%||9%|
|#37||Starbucks (SBUX)||own 200 shares||60%||16%|
|#38||Accenture plc (ACN)||own 10 shares||86%||21%|
|#39||Broadcom (AVGO)||own 30 shares||253%||61%|
|#40||Home Depot (HD)||own 100 shares||53%||18%|
|#41||Costco Wholesale (COST)||own 10 shares||106%||27%|
|#42||CVS Health (CVS)||CLOSED||49%||12%|
|#43||Archer-Daniels-Midland (ADM)||own 200 shares||103%||25%|
|#44||Chevron (CVX)||own 150 shares||84%||38%|
|#45||Oracle (ORCL)||own 200 shares||92%||35%|
|#45||TJX (TJX)||own 100 shares||103%||22%|
Several stocks above have total returns of less than 100%. My policy is that once a stock becomes a Home Run stock, it retains that status even if the total returns should dip below 100%. That can happen if the share price drops or if I buy additional shares at a higher cost basis.
Note that I've reopened positions in DLR and NOC after closing my original positions, both home runs. Repeat positions like DLR and NOC will have to earn home run status all over again... they don't get a free ride!
Below is a snapshot of DivGro's existing home run stocks, sorted by total profit/loss%:
Thirty-three of my existing positions are home run stocks. With annualized total returns of 104%, 87%, and 61%, respectively, AAPL, MST, and AVGO are my most successful investments!
Home Run #47
DivGro's 47th Home Run is SnapOn (SNA).
I first opened a position in SNA in August 2019, buying 25 shares at a cost basis of $150.12. In February 2020, I added 35 shares at a cost basis of $158.70. Here are details of these lots:
SNA took 1,436 days to become a Home Run stock.
Below is a price chart of SNA indicating my trades and the point where the stock reached home run status:
Shortly after adding my second lot, SNA's share price tumbled about 40% due to concerns about the COVID-19 pandemic. Fortunately, the stock recovered relatively quickly, topping my highest cost basis of $158.70 on 16 October 2020.
SNA has delivered total returns of 101% (or 28% annualized), which include dividend income of $1,134.95.
No Immediate Home Run Contenders
I consider home run contenders as stocks with total returns of 80% or higher. Right now, there are no stocks in my portfolio with total returns of at least 80%.
These stocks are closest to becoming home run contenders:
PACCAR (PCAR) has the momentum advantage and likely will become my next home run contender:
With total returns exceeding my initial investment, SNA is the latest Home Run stock in my DivGro portfolio. PCAR looks most likely to become the next home run contender, but I think it will be quite a while before I'll celebrate another home run!