03-07-2015, 10:47 AM
(This post was last modified: 06-08-2015, 10:40 PM by Dividend Watcher.)
Well, it's been a while since I showed the entire portfolio.
I've embellished the chart I started this thread with. As I said in the beginning, I'm a visual learner so graphs & charts help me envision what I'm doing. It now includes what percentage each company contributes to the dividend income total (red bars). The dashed line is around 3.2% which is the mean % value if I held each security equal by market value. This is just a guide as I have no intention of equal weighting everything by neither income nor value. It does help me identify what may be too overweighted, such as PEP which I noted in this thread previously, and I make decisions from there.
You can see some the results of some of the decisions I've mentioned previously. I have about 2% in cash which I'm focusing towards REITS and utes to boost the income stream if they'll only drop some more.
I have a short covered call outstanding on AFL. If it trades, I'll be underweight but I plan to trade around that unless there's some compelling bargain out there.
ABBV is way overweight but I'm not selling that right now. With a 3.5% yield and still some promise there, I'll let it sit while I collect the dividends in cash for now.
CVX is not going anywhere. I've trimmed it once and it's still pumping cash my way. Yes, I know of the FCF issues but I don't think the impact will be that bad over the long term. Collecting those dividends also.
I just trimmed PEP and plan to hold where it's at for now. It's the longest resident in my portfolio and has been a good return for me. I even held it for a few years in the 90s and I made out very well with it.
Why I sold it I haven't a clue. The stupidity of youth. 
T is my ATM. I collect those dividends in cash also for filling in the rest of the portfolio.
ES, the old Northeast Utilities, has a standing limit order if only the price were right. GE I'll add on a decent dip.
Lastly, if GILD were to drop below $80, I'd find the money somewhere. Right now I'm showing the projected income based on what they predicted in their last earnings report.
Lastly, I added the following graph to the spreadsheet. It shows how much is invested in each sector by market value. Someday I'll get busy on one that shows income by sector.
The numbers before the sector name is the GIC category. I've already broken REITs out of the financial sector, as S&P plans to do, but they haven't been assigned a GIC category number last I looked.
That's it for now. Thoughts? Questions?
ETA: Sorry I didn't shrink the graph to a more manageable size, I got lazy. Hope it doesn't cause you to scroll too much.
I've embellished the chart I started this thread with. As I said in the beginning, I'm a visual learner so graphs & charts help me envision what I'm doing. It now includes what percentage each company contributes to the dividend income total (red bars). The dashed line is around 3.2% which is the mean % value if I held each security equal by market value. This is just a guide as I have no intention of equal weighting everything by neither income nor value. It does help me identify what may be too overweighted, such as PEP which I noted in this thread previously, and I make decisions from there.
You can see some the results of some of the decisions I've mentioned previously. I have about 2% in cash which I'm focusing towards REITS and utes to boost the income stream if they'll only drop some more.
I have a short covered call outstanding on AFL. If it trades, I'll be underweight but I plan to trade around that unless there's some compelling bargain out there.
ABBV is way overweight but I'm not selling that right now. With a 3.5% yield and still some promise there, I'll let it sit while I collect the dividends in cash for now.
CVX is not going anywhere. I've trimmed it once and it's still pumping cash my way. Yes, I know of the FCF issues but I don't think the impact will be that bad over the long term. Collecting those dividends also.
I just trimmed PEP and plan to hold where it's at for now. It's the longest resident in my portfolio and has been a good return for me. I even held it for a few years in the 90s and I made out very well with it.
Why I sold it I haven't a clue. The stupidity of youth. T is my ATM. I collect those dividends in cash also for filling in the rest of the portfolio.
ES, the old Northeast Utilities, has a standing limit order if only the price were right. GE I'll add on a decent dip.
Lastly, if GILD were to drop below $80, I'd find the money somewhere. Right now I'm showing the projected income based on what they predicted in their last earnings report.
Lastly, I added the following graph to the spreadsheet. It shows how much is invested in each sector by market value. Someday I'll get busy on one that shows income by sector.
The numbers before the sector name is the GIC category. I've already broken REITs out of the financial sector, as S&P plans to do, but they haven't been assigned a GIC category number last I looked.
That's it for now. Thoughts? Questions?
ETA: Sorry I didn't shrink the graph to a more manageable size, I got lazy. Hope it doesn't cause you to scroll too much.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan