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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 $166.53, consisting of:

  • $24.81 Wal-Mart (NYSE:WMT)

  • $7.78 Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

  • $12.01 Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

  • $16.15 United Technologies Corp. (NYSE:UTX)

  • $8.71 Emerson Electric Co. (NYSE:EMR)

  • $18.36 Johnson & Johnson (NYSE:JNJ)

  • $15.47 Consolidated Edison Inc. (NYSE:ED)

  • $4.94 PowerShares Emerging Mkt Debt (NYSEARCA:PCY)

  • $18.70 McDonald’s Corp. (NYSE:MCD)

  • $39.60 Harleysville Group Inc. (NASDAQ:HGIC)

Dividend Stock Purchases

The following securities were purchased during the month:

  • 34 Shares Colgate-Palmolive Co. (NYSE:CL) providing $72.08 in annual dividend income

  • 30 Shares Abbott Laboratories (NYSE:ABT) providing $59.84 in annual dividend income

  • 132 Shares Medtronic, Inc. (NYSE:MDT) providing $118.80 in annual dividend income

Also, I liquidated my position in Vanguard Intermediate-Term Bond ETF (BIV).

Annualized Dividend Income

Including the above purchases, my annual PCP dividend income is now $2,200.32 at the current dividend rates. This is up $13.66 from last month’s $2,186.66 amount. The PCP has never had a monthly decline in annualized dividend income.

Portfolio Returns

  • Month: 4.57%

  • Year-to-date: 8.49%

  • Life-to-date: 13.00% (annualized)

My PCP holdings are here. The next PCP update will be mid-November.