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IBM Position Increase By 25% For The Dividend Yield Passive Income Portfolio

Last Friday I increased my IBM stake for the third time since I funded the Dividend Yield Passive Income Portfolio virtual.

I purchased only 4 shares at $173.78. The total purchase amount was only around $700. I think that the stock price can fall further. 

As of now, the position is still the biggest constituent in the portfolio with a 3.4 percent share. I think it makes sense to grow the position to five percent or so but that’s a question for the future.

IBM’s forward P/E is in a single digit range at 9.51 and growth for the next five years of 9.77 is predicted by analysts.

The current yield is still not high, only at 2.19 percent but the dividend payout is also only at a ratio of 24.60 percent. IBM buys many own shares to boost the current earnings per share growth in a successful way.


Latest Portfolio Transactions (Click to enlarge)

Latest Portfolio I (Click to enlarge)

Latest Portfolio II (Click to enlarge)

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For readers who are new to the matter and my dividend growth philosophy: I funded a virtual portfolio with 100k on October 04, 2012 with the aim to build a passive income stream that doubles each five to ten years. I plan to purchase each week one stock holding until the money is fully invested. The total number of constituents is expected at 50 – 70 companies and the dividend income should be at least at $3,000 per year.
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Stock holdings of the portfolio are up 8.88 percent since the date of funding. The cash position is at $25,376 and should let the dividend income grow over time when it’s invested.

Latest Portfolio Performance (Click to enlarge)

Here is the income perspective of the portfolio

Sym
Name
P/E Ratio
Dividend Yield
Buy
# Shrs
Income
Value
TRI
Thomson Reuters C
26.7
3.7
28.90
50
$64.75
$1,749.50
LMT
Lockheed Martin C
14.51
3.56
92.72
20
$92.00
$2,578.00
INTC
Intel Corporation
12.92
3.76
21.27
50
$45.00
$1,193.75
MCD
McDonald's Corpor
17.48
3.23
87.33
15
$46.20
$1,428.00
WU
Western Union Com
11.56
3.28
11.95
100
$60.00
$1,866.00
PM
Philip Morris Int
16.88
3.96
85.42
20
$68.78
$1,738.60
JNJ
Johnson & Johnson
20.51
2.76
69.19
20
$50.80
$1,832.60
MO
Altria Group Inc
16.28
5.05
33.48
40
$72.00
$1,434.40
SYY
Sysco Corporation
19.22
3.46
31.65
40
$44.40
$1,282.80
DRI
Darden Restaurant
18.4
3.96
46.66
30
$61.50
$1,562.10
CA
CA Inc.
13.11
3.33
21.86
50
$50.00
$1,505.00
PG
Procter & Gamble
20.58
2.93
68.72
25
$58.20
$1,985.25
KRFT
Kraft Foods Group
17.6
2.79
44.41
40
$80.00
$2,147.60
MAT
Mattel Inc.
19.04
3.16
36.45
40
$53.60
$1,707.60
PEP
Pepsico Inc. Com
19.45
2.64
70.88
20
$43.60
$1,660.20
KMB
Kimberly-Clark Co
21.06
3.13
86.82
15
$46.50
$1,487.70
COP
ConocoPhillips Co
12.25
3.64
61.06
20
$52.80
$1,468.60
GIS
General Mills In
18.35
2.8
42.13
30
$41.10
$1,475.70
UL
Unilever PLC Comm
18.76
3.37
39.65
35
$47.01
$1,398.95
NSRGY
NESTLE SA REG SHR
19.67
3.06
68.69
30
$65.31
$2,161.80
GE
General Electric
18.27
3
23.39
65
$48.10
$1,660.75
ADP
Automatic Data Pr
25.67
2.35
61.65
25
$43.50
$1,854.75
K
Kellogg Company C
23.36
2.92
61.52
25
$44.50
$1,536.25
KO
Coca-Cola Company
19.98
2.84
38.83
40
$43.80
$1,551.20
RTN
Raytheon Company
13.41
2.71
57.04
20
$42.00
$1,537.20
RCI
Rogers Communicat
11.98
3.78
46.5
50
$84.00
$2,252.00
GPC
Genuine Parts Com
18.19
2.56
77.06
20
$41.28
$1,573.00
TSCDY
TESCO PLC SPONS A
N/A
3.82
17.08
110
$75.68
$1,980.00
APD
Air Products and
23.45
2.46
85.71
15
$40.50
$1,652.85
GSK
GlaxoSmithKline P
19.45
4.64
52.16
30
$71.13
$1,530.90
WMT
Wal-Mart Stores
14.75
2.39
79.25
20
$36.16
$1,514.20
BTI
British American
16.4
3.9
111.13
23
$96.14
$2,469.05
CHL
China Mobile Limi
10.73
4.01
55.32
25
$54.95
$1,382.00
MMM
3M Company Common
19.19
2.03
110.27
15
$37.43
$1,842.60
TUP
Tupperware Brands
19.73
2.13
80.98
15
$29.40
$1,389.45
IBM
International Bus
12.41
2.06
193.17
20
$72.00
$3,475.60
HAS
Hasbro Inc.
18.94
3.25
44.09
30
$45.60
$1,417.20
T
AT&T Inc.
26.37
5.2
34.47
30
$53.70
$1,038.30
WAG
Walgreen Co. Comm
22.95
1.94
44.25
30
$34.20
$1,757.70
AFL
AFLAC Incorporate
9.18
2.12
59.39
20
$28.00
$1,315.60
TGT
Target Corporatio
15.63
2.33
68.69
32
$48.32
$2,069.44
CSCO
Cisco Systems In
12.25
2.72
25.12
90
$55.80
$2,066.49
DE
Deere & Company C
9.6
2.32
84.11
15
$29.10
$1,262.85
RGR
Sturm Ruger & Co
14.13
2.89
51.65
20
$38.52
$1,351.40
LO
Lorillard Inc Co
14.81
4.56
42.3
30
$65.00
$1,431.90
UNP
Union Pacific Cor
17.21
1.89
154.75
8
$22.88
$1,216.80
IDA
IDACORP Inc. Com
13.51
3.01
47.94
20
$30.40
$1,027.40
BAX
Baxter Internatio
16.78
2.74
66.38
20
$36.80
$1,320.00
MSFT
Microsoft Corpora
13.53
2.63
33.88
40
$36.80
$1,398.40
ACN
Accenture plc. Cl
14.77
2.22
77.71
20
$32.40
$1,457.60














$2,561.63
$82,997.03














Average Yield
3.09%














Yield On Cost
3.36%

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