April 2011 Performance Update: Pocket Change Portfolio
The Pocket Change Portfolio (PCP) was first introduced on September 13, 2008 as a real money dividend income portfolio funded by the "pocket change" earned from my various online endeavors. Each month I report on the portfolio's progress and update its holdings.
Total dividends received during the month were $378.71, consisting of:
- $31.02 The Coca-Cola Company (KO)
- $12.60 Genuine Parts Company (GPC)
- $30.24 Automatic Data Processing, Inc. (ADP)
- $49.64 Wal-Mart Stores Inc. (WMT)
- $49.00 Kimberly-Clark Corporation (KMB)
- $55.20 Cincinnati Financial Corp. (CINF)
- $44.82 Leggett & Platt, Incorporated (LEG)
- $48.18 Piedmont Natural Gas Co. Inc. (PNY)
- $19.76 Sysco Corp. (SYY)
- $38.25 Medtronic, Inc. (MDT)
The following securities were purchased during the month:
- 248 Shares Intel Corporation (INTC) providing $179.75 in annual dividend income
Annualized Dividend IncomeIncluding the above purchases, my annual PCP dividend income is now $4,196.94 at the current dividend rates. This is up $232.87 from last month's 3,964.07 amount. The PCP has never experienced a monthly decline in annualized dividend income.
- Month: 8.57%
- Year-to-date: 7.90%
- Life-to-date: 19.45% (annualized)
My PCP holdings are always available by selecting the Holdings option from the menu in the header. The next PCP update will be mid-June.
Full Disclosure: Long all the aforementioned securities. See a list of all my income holdings here.
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