08-07-2021, 05:28 PM
(08-06-2021, 01:03 PM)ChadR Wrote:Yeah AAPL and MSFT wrecking your "yield" is a wonderful problem. I like your method of just tracking total dividends on a quarterly/annual basis like Eric publishes. I could reset my current yield to sub 2% or 4%+ with a half dozen trades. There is no point in that. I haven't held many stocks for decades. My YOC for XEL is well over 20%, current yield is 2 1/2%. Current SP is over 9X. Should I dump it and grab some Edison with a 4% current yield and no growth? I just might when I am 80 if I need the income. Even a boring stock illustrates port current yield % is just a number in accumulation phase, and sometime into drawdown IMO.(08-06-2021, 11:24 AM)fenders53 Wrote:(08-06-2021, 11:08 AM)ChadR Wrote: 2.4%, but YOC is 5.2%. AAPL, MSFT, and NSC with their huge runups have killed my yield.No they really haven't and you know that Chad. Yield on cost matters. Yield against current balance is not a bit meaningful if your reduction in yield is caused by capital appreciation.
Oh yeah, I know. They're the reason that it's low for this exercise. And until this, I had never checked to see what my portfolio yield was. I only track what I get in dividends each year.
Someday the SPY will likely have a current yield near 2 1/2%. It's unlikely our ports will be celebrating that.