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Pocket Change Portfolio – August 2010

|Includes:ABT, ADP, Vanguard Intermediate-Term Bond ETF (BIV), BLV, CL, GD, NUE, PCY, PG, T

The Pocket Change Portfolio (NYSE: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 $190.22, consisting of:

  • $7.74 Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)
  • $12.95 Vanguard Long-Term Bond ETF (NYSEARCA:BLV)
  • $5.15 PowerShares Emerging Mkt Debt (NYSEARCA:PCY)
  • $69.72 AT&T, Inc. (NYSE:T) | Analysis
  • $9.36 Nucor Corporation (NYSE:NUE)
  • $15.90 Colgate-Palmolive Co. (NYSE:CL) | Analysis
  • $41.46 Abbott Laboratories (NYSE:ABT) | Analysis
  • $27.94 Procter & Gamble Co. (NYSE:PG) | Analysis
Dividend Stock Purchases

The following securities were purchased during the month:

  • 26 Shares General Dynamics Corp. (NYSE:GD) providing $43.68 in annual dividend income [Analysis]
  • 44 Shares Automatic Data Processing, Inc. (NASDAQ:ADP) providing $59.84 in annual dividend income [Analysis]
Annualized Dividend Income

Including the above purchases, my annual PCP dividend income is now $2,186.66 at the current dividend rates. This is up $102.94 from last month’s $2,083.72 amount. The PCP has never had a monthly decline in annualized dividend income.

Portfolio Returns
  • Month: 2.30%
  • Year-to-date: 4.97%
  • Life-to-date: 10.08% (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-October.



Disclosure: LONG BIV, BLV, PCY, T, NUE, CL, ABT, PG, GD, ADP
Stocks: BIV, BLV, PCY, T, NUE, CL, ABT, PG, GD, ADP