One month ago, my nonPension portfolio was paying about $73.60 in average monthly dividends. Now that average monthly amount stands at $73.93.
Where did the increase come from? There was one dividend raise, and there was some reinvestment activity in 20% of the portfolio.
Brinker International, Inc. (EAT) raised its dividend on August 11. The 12% raise contributed 13 cents to the overall increase.
20 cents of that increase came from dividend payments that were reinvested in the following stocks:
AAPL, ABBV, AMP, AXP, OHI, SBUX, T, VZ, and WRK.
No stocks were sold or purchased in the nP portfolio this past month because, for the first time in a very long time, the anticipated growth rate of the porfolio is "ahead" of where it needs to be. After cutting its dividend a year ago,
Viacom Inc. (VIAB) decided in August to leave its dividend at the same rate as it was for the past four quarters. Because I compare all dividend payments to the payments for the same stocks one year earlier when calculating how fast the portfolio's income is growing, VIAB's has improved its year-over-year change from
- 50 % to
+ 0 %, and that change has caused the overall portfolio's year-over-year change to be high enough so that if current dividend increases and dividend yields stay the same for the next 18 years, I will hit my goal of $560 before the goal date.
But will the current dividend increase rate and dividend yield rate stay the same indefinitely? Most likely not, so eventually there may be a need to make adjustments to the portfolio to correct future dividend cuts or worse. For now, the portfolio will stay as it is, and changes will be made only when an analysis of all of my investments (including other accounts) warrants specifically making a change to an nP security.
| Ticker | Shares | Avg Monthly Dividends | One Year Ago | % Change |
| AAPL | 5.115 | $1.07 | $0.97 | 10.53% |
| ABBV | 9.617 | $2.05 | $1.83 | 12.28% |
| ADM | 12.628 | $1.35 | $1.26 | 6.67% |
| ADNT | 1.000 | $0.09 | $0.00 | |
| AMGN | 3.100 | $1.19 | $1.03 | 15.00% |
| AMP | 5.205 | $1.44 | $1.30 | 10.67% |
| BA | 4.198 | $1.99 | $1.53 | 30.28% |
| BBY | 16.579 | $1.88 | $1.55 | 21.43% |
| BG | 9.261 | $1.42 | $1.30 | 9.52% |
| CAH | 7.123 | $1.10 | $1.07 | 3.01% |
| CCL | 11.295 | $1.51 | $1.32 | 14.29% |
| EAT | 10.377 | $1.31 | $1.18 | 11.76% |
| EMN | 7.233 | $1.23 | $1.11 | 10.87% |
| GEO | 24.043 | $3.74 | $3.47 | 7.69% |
| GILD | 6.166 | $1.07 | $0.97 | 10.64% |
| GLW | 27.968 | $1.45 | $1.26 | 14.81% |
| HBI | 24.170 | $1.21 | $0.89 | 36.36% |
| HOG | 12.505 | $1.52 | $1.46 | 4.29% |
| HPQ | 37.907 | $1.68 | $1.57 | 7.02% |
| INTC | 14.377 | $1.31 | $1.25 | 4.81% |
| IP | 13.756 | $2.12 | $2.02 | 5.11% |
| IRM | 15.237 | $2.79 | $2.46 | 13.40% |
| JCI | 10.178 | $0.85 | $0.98 | -13.79% |
| JPM | 8.309 | $1.38 | $1.33 | 4.17% |
| KSS | 11.728 | $2.15 | $1.95 | 10.00% |
| LAMR | 7.000 | $1.94 | $1.75 | 10.67% |
| LM | 16.564 | $1.55 | $1.21 | 27.27% |
| M | 12.749 | $1.60 | $1.60 | 0.00% |
| MPC | 16.623 | $2.22 | $1.99 | 11.11% |
| OHI | 16.508 | $3.52 | $3.30 | 6.67% |
| PAG | 11.080 | $1.28 | $1.12 | 14.29% |
| PFE | 15.564 | $1.66 | $1.56 | 6.67% |
| PRU | 6.298 | $1.57 | $1.47 | 7.14% |
| PSX | 6.198 | $1.45 | $1.30 | 11.11% |
| QCOM | 9.417 | $1.79 | $1.66 | 7.55% |
| R | 10.380 | $1.59 | $1.52 | 4.55% |
| SBUX | 8.037 | $0.67 | $0.54 | 25.00% |
| T | 16.344 | $2.67 | $2.61 | 2.08% |
| TGT | 7.268 | $1.50 | $1.45 | 3.33% |
| UNP | 6.219 | $1.25 | $1.14 | 10.00% |
| VIAB | 12.373 | $0.82 | $0.82 | 0.00% |
| VZ | 10.598 | $2.04 | $2.00 | 2.21% |
| WFC | 10.287 | $1.30 | $1.30 | 0.00% |
| WHR | 3.070 | $1.13 | $1.02 | 10.00% |
| WRK | 15.734 | $2.10 | $1.97 | 6.67% |
| WYN | 7.186 | $1.39 | $1.20 | 16.00% |
| | | | |
| TOTAL | | $73.93 | $67.59 | |
| Overall annual increase in dividend payments | 9.38% |
| Overall dividend yield -- dividends reinvested | 3.26% |
| Approximate annual growth rate including reinvestment and increases | 12.95% |
| Annual growth rate needed | 11.73% |
| Ahead of goal rate by | 1.21% |
| | | | |
| End of July behind by | -0.26% |
| End of June behind by | -0.36% |
| End of May behind by | -0.64% |
| End of April behind by | -0.65% |
| End of March behind by | -1.66% |
| End of February behind by | -1.71% |
| End of January behind by | -2.57% |
