Friday, June 19, 2015

May 2015 Progress Report

Once again it is time for a goals/progress update. I am pleased to report that annualized dividend income increased in May, extending the streak to 59 consecutive months of increases after June 2010's decline.

Since I began publicly tracking my progress in November 2007, annualized dividend income has increased in 88 of the last 90 months.

Beginning next month, I will start reporting on progress based on my entire income portfolio. Why the change? As it stands now, my Dividend Growth Portfolio is over-allocated. If I were to sell a portion of the portfolio and transfer it to another portfolio (High-Yield, High-Growth, Debt/Preferred, etc.), the portfolio's income would suffer a decline when in fact the decline was nothing more than an allocation out. Ultimately, what matters is growing total income from all portfolios.

I did not start tracking total income until September 2012, so that will be my base period. Since September 2012 when I began tracking total income, annualized dividend income has increased in 33 of the last 33 months.

Dividends Growth Stocks Portfolio


Dividend Changes:
During the month the following securities in my Dividend Growth Portfolio paid a higher dividend (a=dividend stated in annual terms, q=quarterly, m=monthly):

- General Dynamics Corporation (GD) $0.62q>$0.69q
- AbbVie Inc. (ABBV) $0.49q>$0.51q
- Colgate-Palmolive Co. (CL) $0.36q>$0.38q
- People's United Financial Inc. (PBCT) $0.165q>$0.1675q
- The Procter & Gamble Company (PG) $0.6436q>$0.6639q
- Alerian MLP ETF (AMLP) $0.2925q>$0.2955q

For the year, the Dividend Growth Portfolio has recorded a 3.6% increase in dividend income from higher dividends. My goal for the year is a 5.0% increase. Yield on cost is currently 4.78%.

Sales:
In May I liquidated my position in OMI at a double-digit gain.

Year-To-Date Annualized Portfolio Returns


- Dividend Growth Stocks: -2.1%
- High-Yeld: -0.4%
- High-Growth: 7.5%

That's it for this time. The next monthly progress update will be in early July.

Full Disclosure: Long, all the aforementioned securities, except OMI. See a list of all my Dividend Growth Stocks Portfolio holdings here.

Related Articles
- 5 Best U.S. Dividend Growth Stocks
- 5 Low P/E Value-Stocks, Yielding 2% Or Higher
- How Much Money Will You Need To Retire?
- Seeding A Forest Of Dividend Growth Stocks
- 7 Stocks With A Strong Cash To Dividend Coverage

(Photo: Arcelia Vanasse)


Tags: GD, ABBV, CL, PBCT, PG, AMLP,

No comments:

Post a Comment

Popular Posts - Last 7 days