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.

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- How Much Money Will You Need To Retire?

(Photo: Arcelia Vanasse)

Tags: CTBI, ITW, LEG, O,

1 comment:

  1. That's a remarkable track record -- one I certainly cannot hope to match for a long time to come! In my case, dividend cuts and sells have caused drops in my projected annual dividend income a few times since the start of DivGro in January 2013. Overall, the trend is up, but not every month as is the case with your portfolio.

    Great work and something to aspire to!

    FerdiS, DivGro