My goals were defined in this December 1, 2007 Investing Goals post and updated in my 2009 Investing Goals post. Below is an updated version of the table found in the original post.
|Div. Changes YTD||(327)||-0.29%|
Click here for a Detailed Historical Progress Table.
For the month, annualized dividend income increased $160, and Yield on Cost (YOC) increased 0.07%. These changes were a net of new purchases, dividend changes and sales. Let's examine each of the these categories:
Purchases: The $633 increase in annual dividend income and 0.10% increase in YOC related to the following purchases (yield at the time of purchase):
- 229 CTL (9.90%)
- 64 PG (3.43%)
- 102 GPC (4.92%)
- 118 LLY (5.73%)
- 120 BLV (5.45%)
Dividend Changes: The $5 increase in annual dividend income and 0.00% no change in YOC related to the following dividend changes (a=dividend stated in annual terms, q=quarterly, m=monthly):
- 12 PG $0.40q>$0.44q 0.01%
- 11 RY $0.40141q>$0.44365q 0.01%
- (18) ETO $1.90m>$1.84m -0.02%
Sales: The ($478) decrease in annual dividend income and (0.03%) decrease in YOC related to the following sales:
- (228) NNN (0.07%)
- (180) BBT (0.02%)
- (70) PID 0.06%
The ETFs/CEFs, volatility in their dividends does not align with my income portfolio's goal of consistently growing income. In May I started the process of trimming back my ETFs/CEFs income holdings with the sale of PID. I will continue to reduce my holdings in this area each month.
Based on year-to-date results, I believe my revised estimate of $6,300 of annualized dividend income on December 31, 2009 is still obtainable.
That's it for this time. The next monthly progress update will be on Saturday, July 11th.