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Introducing the Dividend Growth Index

I recently had the honor of being invited to participate in a dividend project called the “Dividend Growth Index” pioneered by The Dividend Guy Blog. The concept is pretty simple, a group of 7 dividend bloggers got together to create an index by selecting 3 stocks each. No one could select the same stock and it needed to be on a Canadian or U.S. exchange. The index will be followed by Mike on The Dividend Guy Blog with quarterly updates on the performance of each picks along with the overall Dividend Growth Index performance. How will it compare to the indexes out there I wonder? I am sure Andrew Hallam will be watching …

The Dividend Growth Index Rules

  • Seven bloggers
  • Three picks each
  • Each blogger will review their picks quarterly and report on performance (September 30th, December 31st, March 31st and June 30th)
  • The stock price were recorded on September 23rd, 2011

The Dividend Growth Index

Have a look at our index. It’s a good mix of U.S. and Canadian stocks across a good number of sectors and ranging in size.
Company NameTickerStarting PriceDividend Yield
Daylight EnergyDAY-T$5.7610.6%
CML HealthcareCLC-T$9.28.4%
Energy Transfer EquityETE-US$36.096.3%
Husky EnergyHSE-T$22.265.5%
Royal BankRY-T$46.094.8%
Philip Moris InternationalPM-US$63.814.8%
ScotiaBankBNS-T$50.734.2%
National BankNA-T$66.984.2%
ConocoPhillipsCOP-US$62.514.2%
NovartisNVS-US$53.734%
Abbott LabsABT-US$50.763.8%
IntelINTC-US$22.163.8%
AflacAFL-US$31.463.8%
PepsiCoPEP-US$60.343.4%
Procter & GamblePG-US$61.253.4%
StaplesSPLS-Q$13.223%
Wal-MartWMT-US$50.82.9%
Coca-ColaKO-US$67.422.8%
Progressive Waste SolutionsBIN-T$21.682.4%
Canadian National RailwayCNR-T$67.342%
Canadian National ResourcesCNQ-T$30.231.2%
Avg Dividend Yield4.26%

The Dividend Growth Investors

Here are my fellow bloggers participating in the project and their picks. I strongly recommend you take a peak at their blogs and put them on your must read list.

Dividend Mantra

  • ConocoPhillips (COP:US)
  • Phillip Morris Intl. (PM:US)
  • Procter & Gamble (PG:US).

Dividend Monk

  • Walmart (WMT:US)
  • Novartis (NVS:US)
  • Energy Transfer Equity (ETE:US)

Dividend Ninja

  •  Husky Energy (HSE)
  • Pepsico (PEP:US)
  • Staples (SPLS:US)

My Own Advisor

  • Bank of Nova Scotia (BNS)
  • Abbott (ABT:US)
  • CML Healthcare (CLC)

The Dividend Guy

  • Intel (INTC:US)
  • Coca-Cola (KO:US)
  • National Bank of Canada (NA)

The Passive Income Earner – That’s me :)

  • Canadian National Railway (CNR)
  • Canadian National Resources (CNQ)
  • Aflac (AFL:US)
The Wealthy Canadian
  • Royal Bank of Canada (RY)
  • Daylight Energy (DAY)
  • Progressive Waste Solutions (BIN)

What’s Next ?

What I find fascinating is that we all believe in dividend investing but we also have varied approach to achieving financial independence utilizing a dividend strategy. It will be exciting to see how everyone’s stock picks perform over the year.

Next week I’ll be reviewing my picks and also provide an in-depth analysis in the coming weeks.

Readers: What do you think of the index?

Disclosure: Long KO, RY, and BNS as of writing.

Disclamer: Please note that this blog post represents my opinion and not an advice/recommendation. I am not a financial adviser, I am not qualified to give financial advice. Before you buy any stocks/funds consult with a qualified financial planner. Make your decision at your own risk – see my full disclaimer for more details.

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6 Responses to "Introducing the Dividend Growth Index"

  1. I think the index is a great idea! I’ll be following this series and see if you guys can beat the SP500. ;) I’m sure you will!

  2. Great stuff Passive. Glad you’re part of this!

    Can’t wait to get going!

    Mark

  3. PIE,

    Great to be a part of this select group and I’m glad to see you on board as well.

    Great picks and I’m very excited to see how things turn out.

    I hope this becomes a great resource, and of course I’m excited to see how it competes against the indexes.

  4. Great job PIE!

    I think it will be a lot of fun following the selection of stocks and I’m glad to be a part of it.

    Have a great weekend,
    TWC

  5. Big J says:

    Nice choices. I like the Aflac choice, I think that’s pretty undervalued right now.

  6. gibor says:

    The project can be closed lol , The Wealthy Canadian won :) Doubt any of mentioned stocks can beat 100%+ DAY’s gain. :)
    Even though personally I like the most Dividend Mantra picks, just instead PG, I’d probably pick ABT or T-N

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