Dividends4Life: Progress Update - May 2008

Dividend Growth Stocks News

Progress Update - May 2008

Posted by D4L | Saturday, June 07, 2008 | | 0 comments »

It is the first Saturday of the month, so it is time for a goals/progress update. My goals were defined in this December 1, 2007 Investing Goals post. Below is an updated version of the table found in the original post.

DescriptionDividend
Income
Annualized
Yield
on Cost
2027 Goal110,00020.00%
2017 Goal30,00010.00%
2008 Goal4,0004.90%
Dec/20073,0545.00%
Purchases YTD1,614
0.30%
Div. Changes YTD82
0.11%
Sales YTD(120)
0.06%
May/20084,6305.47%
Purchases4030.25%
Div. Changes210.02%
Sales00.00%
Apr/20084,2065.20%
Net Changes188-0.06%
Mar/20084,0185.26%
Net Changes4610.13%
Feb/20083,5575.13%
Net Changes2770.14%
Jan/20083,2804.99%
Net Changes226-0.01%
Dec/20073,0545.00%
Net Changes2280.12%
Nov/20072,8264.88%

For the month, dividend income increased $424, and Yield on Cost (YOC) increased 0.27%. These changes were driven by new purchases and dividend changes (no sales in May). Let's examine each of the these categories:

Purchases: The $403 increase in annual dividend income and 0.25% decrease in YOC related to the following purchases (yield at the time of purchase):
  • $167 SFI (17.39%)
  • $37 GE (3.74%)
  • $199 AOD (12.57%)
SFI and AOD increased the YOC and was partially offset by a decrease from the GE purchases. I continue to expect YOC to drop monthly since most new investments will yield less than my current YOC, and dividend increases will not be sufficient to offset it.

Dividend Changes: The $21 increase in annual dividend income and 0.02% increase in YOC related to the following dividend changes (a=dividend stated in annual terms, q=quarterly, m=monthly):
  • $18 NNN (0.355q>0.375q - 0.02%)
  • $3 RY (0.4903q>0.50576q - 0.02%)
Sales: I did not sell any income portfolio investments in May.

The next monthly progress update will be on Saturday, July 5th.


Related Articles:

________________________________________________________________

0 comments

Post a Comment

Note: Only a member of this blog may post a comment.