Monthly Progress Update – January 2009


It is end of the month and time for measuring the progress. This is first time I will be providing my monthly progress update. January was month of setting a goal for 2009, analyzing the risk of the portfolio, and rebalancing. The excel sheet shows the Dividend Tree’s portfolio as on January 31, 2009

Portfolio Status Update

  • The total portfolio dividend cash flow was $1366 (down from $1379). This reduction was due to the re-balancing in the portfolio.
  • The yield on cost was 5.17% (same as beginning of 5.17%)

Purchases

  • Purchased Unilever PLC ADR (UL) with annualized dividends of $50 (3.7% of total portfolio dividends). The purchase yield was 4.50%.
  • Purchased Procter and Gamble (PG) with annualized dividends of $40 (2.9% of total portfolio dividends). The purchase yield was 2.90%.

Selling Actions

  • Sold a partial position in GE to reduce annualized percentage dividend to 5.4% (from 9.9%). The driver for this change was to reduce dividend risk exposure to single equity.
  • Sold my stake in PFE because of cuts in dividends.

The next progress update will be on March 1, 2009.

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