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Tuesday, March 22, 2011

* February 2011 Pocket Change Portfolio Performance Update

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 $350.13, consisting of:

Securities Purchased

The following securities were purchased during the month:
  • 32 Shares Cincinnati Financial Corp. (CINF) providing $51.20 in annual dividend income
  • 106 Shares CenturyLink, Inc. (CTL) providing $307.40 in annual dividend income

Annualized Dividend Income

Including the above purchases, my annual PCP dividend income is now $3,714.41 at the current dividend rates. This is up $367.82 from last month's $3,346.59 amount. The PCP has never experienced a monthly decline in annualized dividend income.

Portfolio Returns

  • Month: 1.53%
  • Year-to-date: 0.83%
  • Life-to-date: 14.85% (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-April.

Full Disclosure: Long all the aforementioned securities. See a list of all my income holdings here.

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- Is Now The Right Time To Start Investing?
- Is It Time To Sell Long-Bonds?
(Photo: Arcelia Vanasse)

Tags: [ABT] [CINF] [CL] [CTL] [NUE] [PG] [T]