In September 2011, I did some in-depth research to find long-term sustainable dividend stocks and have been doing updates on this Ultimate Sustainable dividend portfolio since then in the attempt to show how well such a portfolio can perform over the long term but also show how I would manage such a portfolio. I have said it before, I do not believe in stocks that you can hold “forever.” Thus, even in a long term portfolio such as this one, I will end up making some trades from time to time.
The USDP is obviously a critical part of my now very public quest to replace my job income with passive income. You can see my most recent update here
Keep in mind that this portfolio was built by selecting 20 stocks out of thousands. The goal is not to pick the 20 best dividend stocks but rather to pick a diversified, high-quality portfolio that will keep dividends increasing over time.
Here are the holdings as of last night to start off:
|Ticker||Name||Shares||Nov 13 2012 Price||Nov 13 2012 Values||Monthly Return|
|OMC||Omnicom Group Inc||25.84||$46.65||$1,205.44||-11.06%|
|JCI||Johnson Controls Inc||35.0346||$25.17||$881.82||-6.26%|
|ITW||Illinois Tool Works Inc||23.15||$60.83||$1,408.21||2.98%|
|SJM||JM Smucker Co/The||14||$87.05||$1,218.70||3.57%|
|TROW||T Rowe Price Group Inc||19.9||$64.07||$1,274.99||0.11%|
|OXY||Occidental Petroleum Corp||12.4||$74.86||$928.26||-10.25%|
|XOM||Exxon Mobil Corp||14.09||$86.47||$1,218.36||-6.14%|
|ADI||Analog Devices Inc||30||$40.45||$1,213.50||4.60%|
The income increased significantly from October 2011 to October 2012 but that was not the case in November. What could have caused it? Since no companies have decreased their dividends in the history of the USDP (hopefully I’m not jinxing it!), I’d have to say that some companies maybe changed their dividend dates slightly. It will hopefully increase as the companies increase their payouts and as my positions increase thanks to my use of the DRIP. Take a look at the progress:
Ultimate Sustainable Dividend Portfolio News
This time around, there was very little news in fact, no dividend increases, which has not happened in a while.
Overall, the USDP portfolio did perform fairly well in the last month as it gained a bit despite markets being down in the past month. This is certainly a very good indication that the portfolio could do very well in down markets, which is certainly a goal that I have.
More details to come in the near future but I do expect a bit more trading in the coming months in the USDP:) Should be very interesting