Saturday, June 18, 2011

May 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 $261.18, consisting of:

- $96.32 AT&T, Inc. (T)
- $23.14 General Dynamics Corp. (GD)
- $9.43 Nucor Corporation (NUE)
- $59.52 Abbott Laboratories (ABT)
- $33.92 Colgate-Palmolive Co. (CL)
-$38.85 Procter & Gamble Co. (PG)

Securities Purchased

The following securities were purchased during the month:

- 64 Shares McDonald's Corp. (MCD) providing $156.16 in annual dividend income


Annualized Dividend Income

Including the above purchases, my annual PCP dividend income is now $4,403.73 at the current dividend rates. This is up $206.79 from last month's $4,196.94 amount. The PCP has never experienced a monthly decline in annualized dividend income.

Portfolio Returns

- Month: 0.52%
- Year-to-date: 8.27%
- Life-to-date: 18.26% (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-July.

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

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(Photo: Arcelia Vanasse)

Tags: [T] [GD] [NUE] [ABT] [CL] [PG] [MCD]