Portfolio Update September 2011: Sold Harleysville, Bought Aflac and ConocoPhillips

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 |  Includes: AFL, COP, CTL, CVX, ED, EMR, GPC, HGIC, INTC, ITW, MCD, NNN, OMI, UHT, UTX, WMT
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 $542.76, consisting of:

  • $65.94 Intel Corporation (NASDAQ:INTC)

  • $66.00 ConocoPhillips (NYSE:COP)

  • $49.64 Wal-Mart Stores Inc. (NYSE:WMT)

  • $18.85 Emerson Electric Co. (NYSE:EMR)

  • $17.16 Chevron Corp. (NYSE:CVX)

  • $18.24 United Technologies Corp. (NYSE:UTX)

  • $15.60 Consolidated Edison Inc. (NYSE:ED)

  • $59.78 McDonald's Corp. (NYSE:MCD)

  • $76.85 CenturyLink, Inc. (NYSE:CTL)

  • $60.80 Harleysville Group Inc. (NASDAQ:HGIC)

  • $09.20 Owens & Minor Inc. (NYSE:OMI)

  • $84.70 Universal Health Trust (NYSE:UHT)

Securities Sold/Purchased

During the month I liquidated my position in Harleysville Group Inc. (HGIC). The following securities were purchased during the month:

  • 70 Shares AFLAC Inc. (NYSE:AFL) providing $84.00 in annual dividend income

  • 36 Shares ConocoPhillips (COP) providing $95.04 in annual dividend income

  • 78 Shares Illinois Tool Works Inc. (NYSE:ITW) providing $112.32 in annual dividend income

  • 64 Shares Genuine Parts Company (NYSE:GPC) providing $115.20 in annual dividend income

  • 122 Shares National Retail Properties, Inc. (NYSE:NNN) providing $187.88 in annual dividend income

Annualized Dividend Income

Including the above transactions, my annual PCP dividend income is now $5,556.42 at the current dividend rates. This is up $393.97 from last month's $5,162.45 amount. The PCP has never experienced a monthly decline in annualized dividend income.

Portfolio Returns
  • Month: 0.98%

  • Year-to-date: 3.01%

  • Life-to-date: 9.57% (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-November.

Full Disclosure: Long all the aforementioned securities, except HGIC. See a list of all my income holdings here.