Dividend Tree 1 February 2009 Progress  Email This Post  Print This Post

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.

Related Posts

• Year 2009 Dividend Portfolio Goals
• Risk Analysis of My Dividend Portfolio
• DBN in my Dividend Growth Portfolio – An Update
• Pfizer and Wyeth: A Marriage of Short Term Convenience
• International Equities in Dividend Growth Portfolio