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 $218.33, consisting of:
$7.57 Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)
$4.90 PowerShares Emerging Mkt Debt (NYSEARCA:PCY)
Dividend Stock Purchases
The following securities were purchased during the month:
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.
Life-to-date: 15.30% (annualized)