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
Latest From Dividend Growth Stocks
Popular Posts Last 30 Days
Dividend stocks are great. Unfortunately, many of the highest-yielding stocks offer little in the way of capital appreciation. In fact, most...
Preferred stock is a great tool for income investors who are looking for dividends but are leery of the bond market. After all, it’s almost ...
What if I told you that you had the opportunity to double your money over the course of 10 years by investing in five different stocks? Whil...
Wouldn't it be great if every year of your working life you received a salary increase of greater than 10%? Considering that the average...
I think it’s fair to say that most investors have one simple goal: to find stable income in an unstable market, which is not always easy bec...
Inflation — even the modest variety we have today — is death to long-term bond returns. Your semiannual coupon payments do not change in dol...
Stocks deliver their return as a mix of dividends and appreciation. For the average stock, the mix leans a little toward appreciation. But y...
Income investors prefer sustainable dividend-paying defensive companies that provide products and services that consumers buy regardless of ...
There’s a strong tendency among income investors to seek out safety in dividend stocks. The theory, of course, is that if a company can affo...
“Bond like” triple-net REITs have done particularly well. Realty Income (O) and National Retail Properties (NNN) are up 19% and 22% year to ...