Since I began tracking my total income progress, annualized dividend income has increased in 44 of the last 44 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):
- General Dynamics Corporation (GD) $0.69q>$0.76q
- Raytheon Company (RTN) $0.67q>$0.7325q
- Colgate-Palmolive Co. (CL) $0.38q>$0.39q
- The Procter & Gamble Company (PG) $0.6639q>$0.6695q
- People's United Financial Inc. (PBCT) $0.1675q>$0.17q 0.00]
For the year, the Dividend Growth Portfolio has recorded a 3.38% increase in dividend income from higher dividends. My goal for the year is a 5.0% increase. Yield on cost is currently 4.79%.
Sales:
No sales in May.
Portfolio Allocation
75.7% Dividend Growth Stocks09.0% High-Yield
00.9% High Dividend Growth
14.4% 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
+8.2% Dividend Growth Stocks
+4.5% High-Yield
+14.6% High-Growth
+8.9% Core-20
+1.5% Debt & Preferred
+3.6% S&P
For the last two calendar years my Dividend Growth Stocks Portfolio has 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 July.
Full Disclosure: Long, all the aforementioned securities. See a list of all my Dividend Growth Portfolio holdings here.
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(Photo: Arcelia Vanasse)
Tags: GD, RTN, CL, PG, PBCT,
