Pocket Change Portfolio October Update: Up 12% YTD

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 |  Includes: ADP, BIV, CINF, GPC, HGIC, JNJ, KMB, KO, LEG, MDT, PCY, SYY, T
by: Dividends4Life

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 $218.33, consisting of:

Dividend Stock Purchases

The following securities were purchased during the month:

  • 30 Shares Johnson & Johnson (NYSE:JNJ) providing $64.80 in annual dividend income

  • 50 Shares Harleysville Group Inc. (NASDAQ:HGIC) providing $72.00 in annual dividend income

  • 58 Shares AT&T, Inc. (NYSE:T) providing $97.44 in annual dividend income

  • 40 Shares Automatic Data Processing, Inc. (ADP) providing $54.44 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 $2,494.16 at the current dividend rates. This is up $293.84 from last month’s $2,200.32 amount. The PCP has never had a monthly decline in annualized dividend income.

Portfolio Returns

  • Month: 2.31%

  • Year-to-date: 11.98%

  • Life-to-date: 15.30% (annualized)

My PCP holdings are always available by selecting the Holdings option from the menu in the header. The next PCP update will be mid-December.