Since I began tracking my total income progress, annualized dividend income has increased in 45 of the last 45 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):
- Johnson & Johnson (JNJ) $0.75q>$0.80q
- United Technologies Corporation (UTX) $0.64q>$0.66q
- Exxon Mobil Corporation (XOM) $0.73q>$0.75q
- Pepsico, Inc. (PEP) $0.70250q>$0.7520
- Universal Health Realty Income Trust (UHT) $0.64q>$0.65
For the year, the Dividend Growth Portfolio has recorded a 3.61% increase in dividend income from higher dividends. My goal for the year is a 5.0% increase. Yield on cost is currently 4.82%.
Sales:
In June I sold 22% of my MCD holdings at a significant gain due to allocation reasons.
Portfolio Allocation
75.6% Dividend Growth Stocks09.2% 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
+12.6% Dividend Growth Stocks
+10.2% High-Yield
+14.2% High-Growth
+15.5% Core-20
+01.9% Debt & Preferred
+03.8% 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 500 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 August.
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: JNJ, UTX, XOM, PEP, UHT,
