Friday, May 6, 2016

April 2016 Progress Report

Once again it is time for a goals/progress update. I am pleased to report that annualized dividend income increased in January, extending the streak to 43 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 43 of the last 43 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):

- Genuine Parts Company (GPC) $0.615q>$.65750q
- The Coca-Cola Company (KO) $0.33q>$0.35000q
- Wal-Mart Stores Inc. (WMT) $0.49q>$0.50q
- Kimberly-Clark Corporation (KMB) $0.88q>$0.92q
- Cincinnati Financial Corp. (CINF) $0.46q>$0.48q
- Realty Income Corporation (O) $0.1985m>$0.1990m
- Cisco Systems, Inc. (CSCO) $0.21q>$0.26q

For the year, the Dividend Growth Portfolio has recorded a 2.32% increase in dividend income from higher dividends. My goal for the year is a 5.0% increase. Yield on cost is currently 4.74%.

No sales in April.

Portfolio Allocaton

 75.8% Dividend Growth Stocks
 09.0% High-Yield
 00.9% High Dividend Growth
 14.3% 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

+6.6% Dividend Growth Stocks
+3.9% High-Yield
+10.7% High-Growth
+0.9% Debt & Preferred
+1.7% S&P

For the last two calendar years my Dividend Growth Stocks Portfolio has 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 June.

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)