Saturday, July 10, 2010

* Pocket Change Portfolio - June 2010

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 $152.82, consisting of:
  • $14.52 Wal-Mart Stores Inc. (WMT) | Analysis
  • $8.71 Emerson Electric Co. (EMR)
  • $16.15 United Technologies Corp. (UTX) | Analysis
  • $18.36 Johnson & Johnson (JNJ) | Analysis
  • $18.70 McDonald's Corp. (MCD) | Analysis
  • $ 15.47 Consolidated Edison, Inc. (ED)
  • $35.75 Harleysville Group Inc. (HGIC) | Analysis
  • $7.71 Vanguard Intermediate-Term Bond ETF (BIV)
  • $12.15 Vanguard Long-Term Bond ETF (BLV)
  • $5.30 PowerShares Emerging Mkt Debt (PCY)

Dividend Stock Purchases

The following securities were purchased during the month:
  • 48 shares Abbott Laboratories (ABT) providing $84.48 in annual dividend income [Analysis]
  • 44 shares The Coca-Cola Company (KO) providing $77.44 in annual dividend income [Analysis]
  • 38 shares Procter & Gamble Co. (PG) providing $72.96 in annual dividend income [Analysis]

Annualized Dividend Income

Including the above purchases, my annual PCP dividend income is now $1,834.88 at the current dividend rates. This is up $174.10 from last month's $1,660.78 amount. The PCP has never had a monthly decline in annualized dividend income.

Portfolio Returns

  • Month: -1.96%
  • Year-to-date: -3.74%
  • Life-to-date: 0.94% (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-July.

(Photo: sanja gjenero)