Saturday, October 16, 2010

* Pocket Change Portfolio - September 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 $166.53, consisting of:
  • $24.81 Wal-Mart (WMT)
  • $7.78 Vanguard Intermediate-Term Bond ETF (BIV)
  • $12.01 Vanguard Long-Term Bond ETF (BLV)
  • $16.15 United Technologies Corp. (UTX)
  • $8.71 Emerson Electric Co. (EMR)
  • $18.36 Johnson & Johnson (JNJ)
  • $15.47 Consolidated Edison Inc. (ED)
  • $4.94 PowerShares Emerging Mkt Debt (PCY)
  • $18.70 McDonald's Corp. (MCD)
  • $39.60 Harleysville Group Inc. (HGIC)


Dividend Stock Purchases

The following securities were purchased during the month:
  • 34 Shares Colgate-Palmolive Co. (CL) providing $72.08 in annual dividend income
  • 30 Shares Abbott Laboratories (ABT) providing $59.84 in annual dividend income
  • 132 Shares Medtronic, Inc. (MDT) providing $118.80 in annual dividend income
Also, I liquidated my position in Vanguard Intermediate-Term Bond ETF (BIV).


Annualized Dividend Income

Including the above purchases, my annual PCP dividend income is now $2,200.32 at the current dividend rates. This is up $13.66 from last month's $2,186.66 amount. The PCP has never had a monthly decline in annualized dividend income.


Portfolio Returns

  • Month: 4.57%
  • Year-to-date: 8.49%
  • Life-to-date: 13.00% (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-November.

Tags: [ABT] [BIV] [CL] [ED] [EMR] [HGIC] [JNJ] [MCD] [MDT] [PCY] [UTX] [WMT]