Since I began tracking my total income progress, annualized dividend income has increased in 41 of the last 41 months.
Dividends Growth Stocks Portfolio
Dividend Changes:
During the month the following securities in my Dividend Growth Portfolio paid a higher dividend (a=dividend stated in annual terms, q=quarterly, m=monthly):
- AT&T, Inc. (T) $0.47q>$0.48q
- AbbVie Inc. (ABBV) $0.51q>$0.57q
- Realty Income Corporation (O) $0.191m>$0.1985m
- HCP, Inc. (HCP) $0.565q>$0.575q 0.01]
For the year, the Dividend Growth Portfolio has recorded a 0.92% increase in dividend income from higher dividends. My goal for the year is a 5.0% increase. Yield on cost is currently 4.66%.
Sales:
In February, I sold my entire position in COP at large loss. COP was sold to offset the gains generated from the sales of PNY and GAS.
Portfolio Allocaton
77.5% Dividend Growth Stocks09.0% High-Yield
00.7% High Dividend Growth
12.8% Debt & Preferred Stock
My long-term target allocation is:
50.0% Dividend Growth Stocks
10.0% High-Yield
10.0% High Dividend Growth
30.0% Debt & Preferred Stock
Year-To-Date Annualized Portfolio Returns
+00.3% Dividend Growth Stocks
-02.8% High-Yeld
+00.4% High-Growth
+0.0% Debt & Preferred
-04.5% S&P
For the last two calendar years my Dividend Growth Stocks Portfolio outperformed the S&P 500. Since 2008, the portfolio has outperformed the S&P five of the eight years. Click here for more information on historical performance.
That's it for this time. The next monthly progress update will be in early April.
Full Disclosure: Long, all the aforementioned securities, except COP, PNY, GAS. See a list of all my Dividend Growth Stocks Portfolio holdings here.
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(Photo: Arcelia Vanasse)
Tags: T, ABBV, HCP,
