Since I began tracking my total income progress, annualized dividend income has increased in 51 of the last 51 months.
Dividends Growth Stocks Portfolio
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):
- AFLAC Incorporated (AFL) $0.41q>$0.43q
- Chevron Corporation (CVX) $1.07q>$1.08q
- Emerson Electric Co. (EMR) $0.475q>$0.48q
- Microsoft Corporation (MSFT) $0.36q>$0.39q
- McDonald's Corporation (MCD) $0.89q>$0.94q
- Lockheed Martin Corporation (LMT) $1.65q>$1.82q
- Universal Health Realty (UHT) $0.65q>$0.655q
For the year, the Dividend Growth Portfolio has recorded a 5.40% increase in dividend income from higher dividends. This exceeds my goal for the year of a 5.0% increase. Yield on cost is currently 4.85%.
There were no sales in December.
Portfolio Allocation75.6% Dividend Growth Stocks
00.8% High Dividend Growth
13.0% Debt & Preferred Stock
00.3% Precious Metals
My long-term target allocation is:
60.0% Dividend Growth Stocks
10.0% High Dividend Growth
15.0% Debt & Preferred Stock
05.0% Precious Metals
Year-To-Date Annualized Portfolio Returns
+17.1% Dividend Growth Stocks
+01.2% Debt & Preferred
For the last three calendar years my Dividend Growth Stocks Portfolio has outperformed the S&P 500. Since 2008, the portfolio has outperformed the S&P 500 six of the nine years. Click here for more information on historical performance.
That's it for this time. The next monthly progress update will be in early February.
Full Disclosure: Long, all the aforementioned securities. See a list of all my Dividend Growth Portfolio holdings here.
- A Roadmap To Build Wealth With Dividend Stocks
- High-Yield Managed Distribution Policy Funds
- 6 Blue Chip Dividend Stocks For When the Chips Are Down
- The 2016 Elite Dividend Stocks List
- 7 Dividend Stocks With A Good Yield And Growth Balance
(Photo: Arcelia Vanasse)
Tags: AFL, CVX, EMR, MSFT, MCD, LMT, UHT,