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.
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.
Life-to-date: 13.00% (annualized)
My PCP holdings are here. The next PCP update will be mid-November.