My goals were defined in this December 1, 2007 Investing Goals post and updated in my 2010 Investing Goals post. Below is an updated version of the table found in the original post.
Description | Dividend Income Annualized | Yield on Cost |
2027 Goal | 110,000 | 20.00% |
2017 Goal | 30,000 | 10.00% |
2010 Goal | 9,500 | 5.00% |
December/2009 | 7,274 | 4.84% |
Purchases YTD | 5,341 | -0.27% |
Div. Changes YTD | -74 | -0.03% |
Sales YTD | -1,663 | 0.00% |
November/2010 | 10,878 | 4.54% |
Purchases | 786 | 0.02% |
Div. Changes | -8 | 0.00% |
Sales | -451 | -0.02% |
October/2010 | 10,551 | 4.62% |
The above information covers the current month and year-to-date through the current month.
For the month, annualized dividend income increased $327, and Yield on Cost (YOC) was flat (0.00%). This month's changes were a net of new purchases, dividend changes and sales. Let's examine each of the these categories:
Purchases: The $786 increase in annual dividend income and 0.02% decrease in YOC related to the following purchases (yield at the time of purchase):
- $79 Kimberly-Clark Corporation (KMB) 4.19%
- $106 Cincinnati Financial Corp. (CINF) 5.36%
- $130 Owens & Minor Inc. (OMI) 2.43%
- $144 Medtronic, Inc. (MDT) 2.59%
- $327 U.S. Preferred Stock Index (PFF) 5.85%
CINF and PFF increased my YOC, while three securities lowered it. As noted in earlier updates, I generally expect YOC to drop each month since most new investments will yield less than my current YOC, and dividend increases will not be sufficient to offset it.
Dividend Changes: The $8 decrease in annual dividend income and the flat (0.00%) YOC related to the following dividend changes (a=dividend stated in annual terms, q=quarterly, m=monthly):
- ($8) U.S. Preferred Stock Index (PFF) $2.36a>$2.30a
- ($451) Invest Grade Corp Bond (LQD)
That's it for this time. The next monthly progress update will be early January.
(Photo: sanja gjenero)