As many of you know, the Ultimate Sustainable dividend portfolio was built over a year ago as an attempt to slowly become financially free. By that I mean having enough passive income to not "need" to work any longer. I track my progress every month and I'm looking at many different ways to get that done which include real estate, my own business, etc. That being said, the core of my strategy relies on income generated from my portfolios.
The USDP, along with my ETF portfolio generate the bulk of my passive income and I decided to track this with a monthly post in order to keep myself accountable and also because I've heard from many of you that this would be helpful.
|Ticker||Name||Shares||July 28 2014 Price||July 28 2014 Values|
|(NYSE:OMC)||Omnicom Group Inc||32||$72.96||$2,334.72|
|(NYSE:JCI)||Johnson Controls Inc||42||$48.65||$2,043.30|
|(NYSE:ITW)||Illinois Tool Works Inc||30||$84.75||$2,542.50|
|(NYSE:SJM)||JM Smucker Co/The||21||$104.08||$2,185.68|
|(NASDAQ:TROW)||T Rowe Price Group Inc||31||$80.25||$2,487.75|
|(NYSE:OXY)||Occidental Petroleum Corp||24||$99.82||$2,395.68|
|(NYSE:XOM)||Exxon Mobil Corp||21||$104.37||$2,191.77|
|(NYSE:ADI)||Analog Devices Inc||46||$50.55||$2,325.30|
|(NYSE:TXN)||Texas Instruments Inc||32||$47.35||$1,515.20|
|(NYSEARCA:VWO)||Vanguard FTSE Emerging Markets||81||$45.14||$3,656.34|
|(NYSEARCA:BND)||Vanguard Total Bond Market||46||$82.15||$3,778.90|
The month of July is one of the slower months in the year in terms of dividends but the $35 generated this month are still 27% more than July 2013 so we are making progress!
Ultimate Sustainable Dividend Portfolio News
Not much to report here. I can't say I'd blame these companies for not announcing dividend increases in the middle of the summer!
Unfortunately, the news isn't as good here. Yes, part of it is the type of portfolio that I run. Having a dividend portfolio usually means having a low beta portfolio. So you'd expect it to underperform in fast rising markets but to do much better in market declines. Since the last update, the overall market is up 2% (including dividends). The USDP is only up about 1.3%. Why? Just look at these 2 stocks compared to the overall market:
So the USDP now trails the S&P500 total return and will hopefully make up for it!
A very slow month this time around, I did add to both of my ETF positions, however.