Monthly Progress Update for May 2009

Summary for May 2009 is that my dividend portfolio is showing some signs of stability in value. The volatility seen in 1Q2009 is reduced. I initiated one new starter position. Attached below is the summary table to reflect the status as of May 31, 2009.

Portfolio Status Update

  • The total portfolio dividend cash flow was $1444 (up from $1380). This change was due new purchases.
  • The portfolio’s total yield on cost crawled up to 5.11% (up from 5.07%).

Dividend Tree Monthly Progress : May 2009

Dividend Tree Monthly Progress : May 2009

New Purchases

  • Purchased VZ with annualized dividends of $64.4 (4.0% of total portfolio dividends). The purchase yield was 6.35%.

Additions to Existing Positions

  • None


  • None

General Comments

  • I am continuing to be positive about many opportunities out there. I am being patience and will continue to hold my capital (if necessary).
  • Now that the second half of the year has started, I will be closely monitoring my ability to meet my year end goal or whether it needs revision. As of today, I am still positive that I will be able to meet my year end goal of $3000 in dividend income.

The next monthly progress update will be on July 1, 2009. In addition, I will also post an article on my quarterly risk analysis of my dividend portfolio.

2 Responses to “Monthly Progress Update for May 2009”

  1. Manshu says:

    As the market continues to rise, it gives a feeling that the best time to invest is already over with the crash last year.

    • Dividend Tree says:


      I would tend to agree with you. However, I still think we will have more opportunities because fundamentals have not improved, they are still the same. And perhaps waiting was the right thing to do because it helps to separate the good, the bad, and the ugly. Otherwise, one may fall in the value traps. Like banks, they calmed the fear with 1Q results, but can they sustain it? I don’t think so.

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