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.Dividends Received
Total dividends received during the month were $123.33, consisting of:- $7.60 Vanguard Intermediate-Term Bond ETF (BIV)
- $12.30 Vanguard Long-Term Bond ETF (BLV)
- $5.23 PowerShares Emerging Mkt Debt (PCY)
- $29.04 The Coca-Cola Company (KO) | Analysis
- $11.48 Genuine Parts Company (GPC) | Analysis
- $31.68 Kimberly-Clark Corporation (KMB) | Analysis
- $26.00 Leggett & Platt, Incorporated (LEG) | Analysis
Dividend Stock Purchases
The following securities were purchased during the month:- 68 Shares AT&T, Inc. (T) providing $114.24 in annual dividend income [Analysis]
- 60 Shares Cincinnati Financial Corp. (CINF) providing $94.80 in annual dividend income [Analysis]
- 34 Shares Wal-Mart Stores Inc. (WMT) providing $41.14 in annual dividend income [Analysis]
Annualized Dividend Income
Including the above purchases, my annual PCP dividend income is now $2,083.72 at the current dividend rates. This is up $248.84 from last month's $1,834.88 amount. The PCP has never had a monthly decline in annualized dividend income.Portfolio Returns
- Month: 4.51%
- Year-to-date: 3.19%
- Life-to-date: 9.41% (annualized)
(Photo: sanja gjenero)
