08-07-2021, 07:15 PM
(08-07-2021, 05:28 PM)fenders53 Wrote:(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.
I'm happy with them wrecking my yield. Won't be selling them for NLY to jack up my yield. Been tracking my dividend income by month since 2014. Never really track current portfolio yield or if it's hitting an ATH. Since I'm still in the accumulation phase, at the end of every year is pretty much an ATH since I'm still making contributions on a weekly basis.