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
An investor's best friend is a stock that not only pays a high dividend but has the potential for massive gains as well. After all, a 5%...
Seaspan (NYSE:SSW) is the world's leading independent charter owner and manager of containerships. The company charters its containershi...
Dividends and safety are an excellent combination for long-term investors, and safe stocks with high dividends are the best kind of all. Unf...
Eaton Corp, PLC (NYSE:ETN) is down over 30% from its early year highs. That makes sense since the industrial giant has been lowering its org...
Pfizer (PFE) has been named as a Top 25 ”Dividend Giant” by ETF Channel, with a stunning $6.53B worth of stock held by ETFs, and above-avera...
I am not a stock trader; I am a dividend and value based long-term buy-and-hold investor. When I add a stock to my dividend portfolio, it is...
Dividend value has been a winning strategy for many long-term investors, as it provides the potential for both income and capital appreciati...
UBS has a list of large-cap dividend payers it has dubbed UBS Dividend Ruler Porfolio that comprises of stocks with above-average dividends....
Oil’s hitting 12-year lows as we speak – and that’s crushing a favorite vehicle of many income investors. If you’re not yet out, get out. Re...
While plenty of high-yield opportunities exist, investors must always consider the safety of their dividend and the total return potential o...