It is the
first second Saturday of the month, so it is time for a goals/progress update. Last week's launch of The Wealth, Money & Life Network put me a week behind. 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. Description Dividend
2027 Goal 110,000 20.00% 2017 Goal 30,000 10.00% 2008 Goal 4,000 4.90% Dec/2007 3,054 5.00% Purchases YTD 1,211 0.05% Div. Changes YTD 61 0.09% Sales YTD (120) 0.06% Apr/2008 4,206 5.20% Purchases 182 -0.07% Div. Changes 6 0.01% Sales 0 0.00% Mar/2008 4,018 5.26% Net Changes 461 0.13% Feb/2008 3,557 5.13% Net Changes 277 0.14% Jan/2008 3,280 4.99% Net Changes 226 -0.01% Dec/2007 3,054 5.00% Net Changes 228 0.12% Nov/2007 2,826 4.88%
For the month, dividend income increased $188, and Yield on Cost (YOC) decreased -0.06%. These changes were driven by new purchases and dividend changes (no sales in April). Let's examine each of the these categories:
Purchases: The $182 increase in annual dividend income and -0.07% decrease in YOC related to the following purchases (yield at the time of purchase):
Only the SDY purchase increased the YOC and that increase was more than offset by decreases from the other 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 $6 increase in annual dividend income and 0.01% increase in YOC related to the following dividend changes (a=dividend stated in annual terms, q=quarterly, m=monthly):
Excluding 2 special dividends, this is the 15th straight quarter that ACAS has increased its dividend. May 2004 was the last time ACAS's dividend was flat. It was $0.70 per share then.
Sales: I did not sell any income portfolio investments in April.
The next monthly progress update will be on Saturday, June 7th.
It is the
Popular Posts Last 30 Days
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
Do you need more income? Join the crowd. It seems everyone is scouring the landscape these days for decent income investments to beef up the...
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
There are reasonably safe places to find yield, however, even in this market. That doesn’t mean they’re perfectly safe — there’s no such thi...
While the market’s valuation appears high relative to history, interest rates are also at very low levels — even after the Fed’s recent fed ...
Stocks that have a strong history of dividend growth also have superior fundamentals and form a healthy and safe portfolio as opposed to tho...
Many people invest in dividend-paying stocks to take advantage of the steady payments with the opportunity to reinvest in additional shares ...
Portfolio manager Ned Davis studied the returns of S&P 500 stocks from 1972 to 2004. His goal? To figure out what the best stocks to buy...