Friday, November 13, 2015

October 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 37 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 37 of the last 37 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):

- Community Trust Bancorp Inc. (CTBI) $0.30q>$0.31q
- Illinois Tool Works Inc. (ITW) $0.485q>$0.55q
- Leggett & Platt, Incorporated (LEG) $0.31q>$0.32q
- Realty Income Corporation (O) $0.19m>0.1905m

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 October.

Portfolio Allocaton

- 82.9% Dividend Growth Stocks
- 09.4% High-Yield
- 00.7% High Dividend Growth
- 06.9% 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

+02.2% Dividend Growth Stocks
-03.4% High-Yeld
-08.4% High-Growth
+5.4% Debt & Preferred

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

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

Related Articles
- 8 Dividend Stocks With The Right Stuff
- 6 Dividend Stocks Trading at a Double-Digit Discount
- 5 Best U.S. Dividend Growth Stocks
- 5 Low P/E Value-Stocks, Yielding 2% Or Higher
- How Much Money Will You Need To Retire?

(Photo: Arcelia Vanasse)

Tags: CTBI, ITW, LEG, O,