Dividend Tree 3 November 2009 Progress  Email This Post  Print This Post

Summary for October 2009 is that I did buy two stocks to increase my annualized dividends. In addition, I also continued to add to my existing positions because I have automatic dividend re-investments for almost all of the stocks. Attached below is the summary table to reflect the status as of October 31, 2009.

Progress Update October 2009

Portfolio Status Update

• The total annualized portfolio dividend cash flow was $1912 (up from $1786 in September 2009). This change was due to new purchases.
  
• The portfolio’s total yield on cost went up to 4.31% (down from 4.82% in September 2009). As a note, this YOC does not take into account additional shares or dividends added up due to reinvested dividends. I plan own adding those up at by end of the year.

New Purchases

• Purchased ABT with annualized dividends of $64.00. The purchase yield was 3.27%.
• Purchased AFL with annualized dividends of $62.00. The purchase yield was 2.77%.

Additions to Existing Positions – None.

Selling – None.

General Comments

• My over exposure to AOD for total portfolio dividends is automatically getting reduced since I am not adding to my existing position. My exposure has reduced to 13.3% of total dividend income (from more than 20% in January 2009) and 3.5% of total portfolio value.
  
• I expect one or two more purchases before the end of this year. Hence, I am going to miss my year goal of reaching $3000 cash flow from dividends.
  

Until next month, happy investing.