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Friday, April 10, 2015

March 2015 Progress Report

Once again it is time for a goals/progress update. I am pleased to report that annualized dividend income increased in March, extending the streak to 57 consecutive months of increases after June 2010's decline.

Since I began publicly tracking my progress in November 2007, annualized dividend income has increased in 86 of the last 88 months.

Dividends Growth Stocks Portfolio


Dividend Changes:
During the month the following securities paid a higher dividend (a=dividend stated in annual terms, q=quarterly, m=monthly):

- 3M Co. (MMM) $0.855q>$1.025q
- Consolidated Edison, Inc. (ED) $0.63q>$0.65q
- Owens & Minor, Inc. (OMI) $0.25q>$0.2525q

For the year, the Dividend Growth Portfolio has recorded a 1.7% increase in dividend income from higher dividends. My goal for the year is a 5.0% increase. Yield on cost is currently 4.64%.

Sales:
There were no sales during March.

Year-To-Date Annualized Portfolio Returns


- Dividend Growth Stocks: -2.1%
- High-Yeld: 1.9%
- High-Growth: 25.2%

That's it for this time. The next monthly progress update will be in early May.

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)


Tags: MMM, ED, OMI,