Pocket Change Portfolio Update: April 2010

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.

April Dividends Received

Total dividends received were $99.30 for the month, consisting of:

  • $11.48 Genuine Parts Co (NYSE:GPC) | Analysis

  • $9.68 The Coca-Cola Company (NYSE:KO) | Analysis

  • $6.66 Wal-Mart Stores, Inc. (NYSE:WMT) | Analysis

  • $7.92 Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

  • $13.12 Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

  • $26.00 Leggett & Platt Inc. (NYSE:LEG) | Analysis

  • $19.00 Sysco Corp. (NYSE:SYY) | Analysis

  • $5.44 PowerShares Emerging Mkt Debt (NYSEARCA:PCY)

April Dividend Stock Purchases

The following securities were purchased during the month:

  • 48 shares Kimberly-Clark Corporation (NYSE:KMB) providing $126.72 in annual dividend earnings [Analysis]

  • 26 shares Wal-Mart Stores, Inc. (WMT) providing $31.46 in annual dividend earnings

Annualized Dividend Income

Including the above purchases, my annual PCP dividend income is now $1,476.00 at the current dividend rates. This is up $155.06 from last month’s $1,320.94 amount. The PCP has never had a monthly decline in annualized dividend income.

Portfolio Returns

  • Month: 1.14%

  • Year-to-date: 5.90%

  • Life-to-date: 18.14% (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-June.