Saturday, July 16, 2011

June 2011 Pocket Change Portfolio Performance Update

The Pocket Change Portfolio (PCP) was first introduced on September 13, 2008 as a real money dividend income portfolio funded by the "pocket change" earned from my various online endeavors. Each month I report on the portfolio's progress and update its holdings.

Dividends Received

Total dividends received during the month were $536.14, consisting of:

- $44.94 Intel Corporation (INTC)
- $44.88 ConocoPhillips (COP)
- $49.64 Wal-Mart Stores Inc. (WMT)
- $18.85 Emerson Electric Co. (EMR)
- $18.24 United Technologies Corp. (UTX)
- $55.86 Johnson & Johnson (JNJ)
- $59.78 McDonald's Corp. (MCD)
- $15.60 Consolidated Edison Inc. (ED)
- $76.85 CenturyLink, Inc. (CTL)
- $9.20 Owens & Minor Inc. (OMI)
- $57.60 Harleysville Group Inc. (HGIC)
- $84.70 Universal Health Realty (UHT)

Securities Purchased

The following securities were purchased during the month:

- 78 Shares Cincinnati Financial Corp. (CINF) providing $124.80 in annual dividend income
- 32 Shares ConocoPhillips (COP) providing $84.48 in annual dividend income
- 46 Shares Genuine Parts Company (GPC) providing $82.80 in annual dividend income

Annualized Dividend Income

Including the above purchases, my annual PCP dividend income is now $4,720.41 at the current dividend rates. This is up $316.68 from last month's $4,403.73 amount. The PCP has never experienced a monthly decline in annualized dividend income.

Portfolio Returns

- Month: (-1.31%)
- Year-to-date: 6.18%
- Life-to-date: 15.09% (annualized)

My PCP holdings are always available by selecting the Holdings option from the menu in the header. The next PCP update will be mid-August.

Full Disclosure: Long all the aforementioned securities. See a list of all my income holdings here.

Related Posts
- 10 Dividend Stocks With Above Target Returns
- 5 Dividend Stocks Trading Below Fair Value
- 8 Dividend Stocks Covering Their Dividend
- 7 Low-Debt High-Rated Dividend Stocks
- 3 Styles Of Sucessful Dividend Investing

(Photo: Arcelia Vanasse)

Tags: [INTC] [COP] [WMT] [EMR] [UTX] [JNJ] [MCD] [ED] [CTL] [OMI] [HGIC] [UHT] [CINF] [GPC]

2 comments:

  1. Hi D4l,

    Aren't you worried that CINF will not be able to earn enough to support the dividend over the next two years?

    I still hold my CINF, but I am not planning on adding to my position in the stock.

    Best Regards,

    DGI

    ReplyDelete
  2. CINF is a very small holding so the risk for me is minimal, and i am not yet convinced that they will not be able to sustain the dividend.

    Best Wishes,
    D4L

    ReplyDelete

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