Friday, June 10, 2016

May 2016 Progress Report

Once again it is time for a goals/progress update. I am pleased to report that annualized dividend income increased in January, extending the streak to 44 consecutive months of increases. As noted in the June 19, 2015 post, in July 2015 I changed to reporting on total dividend income instead of just income from my Dividend Growth Portfolio.

Since I began tracking my total income progress, annualized dividend income has increased in 44 of the last 44 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) $0.69q>$0.76q
- Raytheon Company (RTN) $0.67q>$0.7325q
- Colgate-Palmolive Co. (CL) $0.38q>$0.39q
- The Procter & Gamble Company (PG) $0.6639q>$0.6695q
- People's United Financial Inc. (PBCT) $0.1675q>$0.17q 0.00]

For the year, the Dividend Growth Portfolio has recorded a 3.38% increase in dividend income from higher dividends. My goal for the year is a 5.0% increase. Yield on cost is currently 4.79%.

Sales:
No sales in May.

Portfolio Allocation

 75.7% Dividend Growth Stocks
 09.0% High-Yield
 00.9% High Dividend Growth
 14.4% Debt & Preferred Stock

My long-term target allocation is:

 50.0% Dividend Growth Stocks
 10.0% High-Yield
 10.0% High Dividend Growth
 30.0% Debt & Preferred Stock

Year-To-Date Annualized Portfolio Returns


+8.2% Dividend Growth Stocks
+4.5% High-Yield
+14.6% High-Growth
+8.9% Core-20
+1.5% Debt & Preferred
+3.6% S&P

For the last two calendar years my Dividend Growth Stocks Portfolio has outperformed the S&P 500. Since 2008, the portfolio has outperformed the S&P five of the eight years. Click here for more information on historical performance.

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

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

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(Photo: Arcelia Vanasse)


Tags: GD, RTN, CL, PG, PBCT,

1 comment:

  1. 44 months of dividend income increase. Not a bad stat ;-). Keep up the good work.

    ReplyDelete

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