In February, I opened a new
position in my Dividend Growth Portfolio when I purchased 18 shares of Qualcomm (QCOM).
Visa (V) and MasterCard (MA) are the two lowest yielding
positions in our dividend growth portfolio, both yield under 1 %.
That is how several of
the positions in my Dividend Growth Portfolio got started: With dividends collected from other companies.
Not exact matches
When I first started I wasn't so strict about a current yield as long as there was good
dividend growth which put several low yielding
positions in my current
portfolio.
My May saw two
dividend growth stock purchases — both of which were new
positions in the
portfolio.
The ETF had major equivalent
positions in the iShares Russell Top 200
Growth ETF (IWY), SPDR ® Dow Jones ® Industrial Average ETF (DIA), PowerShares S&P 500 Quality
Portfolio (SPHQ), Vanguard
Dividend Appreciation ETF (VIG), PowerShares NASDAQ Internet
Portfolio (PNQI), and iShares U.S. Energy ETF (IYE).
In the next monthly report for the
Dividend Growth Portfolio, the new larger Qualcomm
position will be displayed.
The fund had major equivalent
positions in the Vanguard High
Dividend Yield ETF (VYM), PowerShares Dynamic Large Cap Value
Portfolio (PWV), First Trust Large Cap
Growth AlphaDEX ® Fund (FTC), SPDR ® Barclays High Yield Bond ETF (JNK), SPDR ® S&P ® Homebuilders ETF (XHB), and iShares Global Consumer Staples ETF (KXI).
When I update my
Dividend Growth Portfolio in December, it will reflect the larger
position in Cisco plus new estimates for the income expected
in 2016.
• Trimmed JNJ and PEP each back to 9 % of the
portfolio to get them under the 10 % - max guideline • With the proceeds, added to existing
positions in AT&T (T) and Microsoft (MSFT) • With the remaining proceeds, started a new
position in Digital Realty Trust (DLR) Thus, this package of trades served several strategic goals at the same time: • It corrected the over-sized
positions by getting them back under 10 % of the
portfolio • It allowed me to increase my stakes
in two high - quality
dividend growth companies • It allowed me to add a new
position, bringing me closer to my target of 20 - 25 stocks overall.
This
growth is from around 2 - 3 %
in dividend yield reinvested from my various
portfolio positions (on average) plus the 7 - 8 % of natural
dividend growth from each of the holdings (on average) I have
in my
portfolio.
Indeed, I lived way below my means and invested my excess capital
in high - quality
dividend growth stocks for six years straight — and I'm now
in a
position where my real - life
portfolio generates enough
dividend income to cover most of my core personal expenses.
The fund had only five equivalent
positions in the iShares S&P Small - Cap 600
Growth ETF (IJT), PowerShares S&P SmallCap Health Care
Portfolio (PSCH), WisdomTree SmallCap Earnings Fund (EES), PowerShares NASDAQ Internet
Portfolio (PNQI), and WisdomTree Japan SmallCap
Dividend Fund (DFJ).
** This figure encompasses the annual
dividend growth of all positions held in the Dividend Strategy portfolio as of 1
dividend growth of all
positions held
in the
Dividend Strategy portfolio as of 1
Dividend Strategy
portfolio as of 12/31/13.