Friday, January 15, 2016

December 2015 Progress Report

Once again it is time for a goals/progress update. I am pleased to report that annualized dividend income increased in December, extending the streak to 39 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, annualized dividend income has increased in 39 of the last 39 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):

- Realty Income Corporation (O) $0.1831m>$0.18341m
- Erie Indemnity Company (ERIE) $0.635q>$0.681q
- Sysco Corporation (SYY) $0.29q>$0.30q

For the year, the Dividend Growth Portfolio has recorded a 5.5% increase in dividend income from higher dividends. Exceeding my goal for the year for a 5.0% increase. Yield on cost is currently 4.83%.

There were no sales in December.

Portfolio Allocaton

 82.7% Dividend Growth Stocks
 09.1% High-Yield
 00.7% High Dividend Growth
 07.5% 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
-05.0% High-Yeld
-18.1% High-Growth
+5.0% Debt & Preferred

For the second consecutive year my Dividend Growth Stocks Portfolio outperformed the S&P 500. Since 2008, the portfolio has outperformed the S&P five of the eight years. Click here for more information on historical performance.

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

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

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(Photo: Arcelia Vanasse)

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