Friday, October 9, 2015

September 2015 Progress Report

Once again it is time for a goals/progress update. I am pleased to report that annualized dividend income increased in September, extending the streak to 36 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 in September 2012, annualized dividend income has increased in 36 of the last 36 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):

- ConocoPhillips (COP) $0.73q>$0.74q

For the year, the Dividend Growth Portfolio has recorded a 4.3% increase in dividend income from higher dividends. My goal for the year is a 5.0% increase. Yield on cost is currently 4.79%.

There were no sales in September.

Portfolio Allocaton

- 82.6% Dividend Growth Stocks
- 09.7% High-Yield
- 00.7% High Dividend Growth
- 07.0% 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

-06.5% Dividend Growth Stocks
-08.0% High-Yeld
-11.6% High-Growth
+1.2% Debt & Preferred

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

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

Related Articles
- How Much Money Will You Need To Retire?
- Seeding A Forest Of Dividend Growth Stocks
- 7 Stocks With A Strong Cash To Dividend Coverage
- Optimizing Your Asset Allocation
- Dividend Growth Stocks Are My Conviction

(Photo: Arcelia Vanasse)

Tags: COP,