• Fri. Oct 11th, 2024

DivGro’s Best and Worst Performers in 2022

DivGro's Best and Worst Performers in 2022

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Every year-end, I write a short review article to announce DivGro’s best and worst performers for the year. I consider only positions I owned throughout 2022, including dividend growth stocks, dividend-paying stocks, growth stocks, and closed-end funds. 

Of the 84 positions I’ve owned throughout the year, 53 stocks had negative returns, and 31 stocks had positive returns for the year. So it’s not surprising that DivGro had a down year in 2022!

On average, these positions are down 6.22% for the year, though if I use a weighted average instead of an arithmetic average, the return is slightly better at -5.05%! These returns exclude dividends. 

This year’s best performer is Chevron (CVX), with a stock price increase of 51% in 2022! My worst performer in 2022 was Intel (INTC), down 49% since 1 January 2022. 

Here is a chart showing the price performance of DivGro positions I owned each and every day in 2022:

This year was one of stock market turmoil, inflation concerns, interest rate increases, and geopolitical strife. The major U.S. market indexes suffered their worst year since 2008, with the Dow Jones Industrial Average down about 8.8%, the S&P 500 down 19.4%, and the tech-heavy Nasdaq Index down 33.1%!

Given these circumstances, I’m happy with DivGro’s overall performance. Being down only about 5% versus nearly 20% for the S&P 500 is no small feat! 

I have 12 positions with triple-digit percentage returns (including dividends):

Apple (AAPL) and Microsoft (MSFT) each lost 28% in 2022. Nevertheless, they are still the top-performing positions in my DivGro portfolio.

Ten Worst Performers

The following table presents DivGro’s ten worst-performing positions in 2022. These are all stocks I owned on 1 January 2022 and that I still own today:

 DivGro’s Worst Performers of 2022 (Excluding Dividends) 
 

Ticker

 Company

Sector

Total Return

INTC  Intel Information Technology -41%
TROW  T. Rowe Price Financials -45%
DLR  Digital Realty Trust Real Estate -43%
QCOM  QUALCOMM Information Technology -41%
NIE  AllianzGI Equity & Convertible Income Fund Closed-End Fund  -40%
GOOG  Alphabet Communication Services -39%
ACN  Accenture plc Information Technology -36%
ETO  Eaton Vance Tax-Advantaged
 Global Dividend Opportunities Fund
Closed-End Fund -35%
FDX  FedEx  Industrials -33%
BNS  Bank of Nova Scotia Financials -31%

FedEx (FDXis the only stock in this year’s worst-performers list that was also in last year’s worst-performers list. Alphabet (GOOG) was the best-performing stock last year, and Accenture plc (ACN) also appeared on last year’s best-performers list.

Ten Best Performers

The following table presents DivGro’s ten best-performing positions in 2022. These are all stocks I owned on 1 January 2022 and that I still own today:

    DivGro’s Best Performers of 2022 (Excluding Dividends)   
 

Ticker

 Company  Sector

Total Return

CVX  Chevron     Energy 52%
MRK  Merck & Co Health Care 44%
NOC  Northrop Grumman                      Industrials 42%
ADM  Archer-Daniels-Midland Consumer Staples 39%
LMT  Lockheed Martin Industrials 37%
AFL  Aflac Financials 22%
ABBV  AbbVie Health Care 19%
GD  General Dynamics Industrials 19%
TRV  Travelers Financials 19%
SRE  Sempra Utilities 18%

No stock in this year’s best-performers list was in last year’s best-performance list or in last year’s worst-performers list.

Concluding Remarks

Of the 84 positions I’ve owned throughout the year, only 22 stocks had positive returns for the year (with dividends excluded). The weighted average return of stocks I’ve owned throughout the year was -5.05%, which easily beats the S&P 500’s performance of -19.44%

Thanks for reading!
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Image and article originally from divgro.blogspot.com. Read the original article here.