Saturday, April 17, 2010

* Pocket Change Portfolio - March 2010

The Pocket Change Portfolio (PCP) was first introduced on September 13, 2008 as a real money dividend income portfolio funded by the "pocket change" earned from my various online endeavors. Each month I report on the portfolio's progress and update its holdings.

March Dividends Received

Total dividends received were $120.51 for the month. It consisted of:
  • $7.39 Vanguard Intermediate Bond ETF (BIV)
  • $4.62 Vanguard Long-Term Bond ETF (BLV)
  • $16.66 Johnson & Johnson (JNJ) | Analysis
  • $16.80 BP plc (BP)
  • $8.71 Emerson Electric Co. (EMR) | Analysis
  • $16.15 United Technologies Corp. (UTX) | Analysis
  • $15.47 Consolidated Edison Inc. (ED)
  • $18.70 McDonald's Corp. (MCD) | Analysis
  • $10.40 Harleysville Group Inc. (HGIC) | Analysis
  • $5.61 Emerging Mkts Sovereign Debt (PCY)

 

March Dividend Stock Purchases

The following securities were purchased during the month:
  • 24 shares Vanguard Long-Term Bond ETF (BLV) providing $95.04 in annual dividend earnings
  • 46 shares Abbott Laboratories (ABT) providing $80.96 in annual dividend earnings [Analysis]
  • 100 shares Leggett & Platt, Incorporated (LEG) providing $104.00 in annual dividend earnings [Analysis]

 

Annualized Dividend Income

Including the above purchases, my annual PCP dividend income is now $1,320.94 at the current dividend rates. This is up $279.08 from last month's $1,041.86 amount. The PCP has never had a monthly decline in annualized dividend income.

 

Portfolio Returns

  • Month: 2.61%
  • Year-to-date: 4.31%
  • Life-to-date: 17.96% (annualized)
My PCP holdings are always available by selecting the Holdings option from the menu in the header. The next PCP update will be mid-May.

(Photo: sanja gjenero)

The Coca-Cola Company