For readers
who a 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.
--------------------------------------
It’s the
first time in the history of the Dividend Yield Passive Income Portfolio that I
decided to repurchase two shares: The British retailer Tesco as well as the Canadian
telecom company Rogers Communications.
 |
| Latest Portfolio Transactons (Click to enlarge) |
Rogers Communications Dividend Stock Buy
I bought
last Friday additional 20 shares of the leading Canadian wireless carrier, a
66.7 percent stake increase.
The
position has grown around 23 percent into the negative area. Due to the
repurchase I could reduce this amount to 15.73 percent but also increase the
risk expose. In total I invested $2.3k into the Rogers Communications position.
The company
has a current P/E ratio of 12.10 and the forward P/E is at 10.97. The dividend
yield increased back to a level of 4.36 percent due to the recent price fall.
The main reason
for the stock price development is in my view that Verizon announced to buy the
Canadian based wireless carrier Wind Mobile for around $700 million. In order
to gain market share on the Canadian market, Verizon should start to increase
the completion. Roger should suffer most from this battle because of the high
market share of around 34 percent. We will see how it ends.
Tesco Plc Dividend Stock Buy
My second
buy was reasonable to 40 shares of Tesco plc. The position was around 15
percent down and the new average price is now 10 percent under water. Tesco
offers a 4.45 percent dividend yield at a P/E of 19.15. For sure, the company
has a tough fight with the weak British economy and consumer spending. That’s where
the company makes the most profit. I’m a great believer in Tesco but a fast
return and turnaround will not come yet.
The Dividend Yield Passive Income Portfolio
The current
dividend income of the portfolio is now estimated at $1,970. With still 44,858
in cash, I was able to generate a return of 3.7 percent since the date of
funding. The portfolio holdings generated a return of 5.62 percent. The average
portfolio yield is 3.3 percent and the yield on cost was 3.5 percent.
 |
| 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
|
15.41
|
3.98
|
|
28.90
|
50
|
$64.50
|
$1,628.50
|
|
|
LMT
|
Lockheed Martin C
|
12.4
|
4.14
|
|
92.72
|
20
|
$89.00
|
$2,169.20
|
|
INTC
|
Intel Corporation
|
12.02
|
3.68
|
|
21.27
|
50
|
$44.25
|
$1,211.50
|
|
MCD
|
McDonald's Corpor
|
18.48
|
3.02
|
|
87.33
|
15
|
$45.15
|
$1,485.00
|
|
WU
|
Western Union Com
|
10.19
|
2.8
|
|
11.95
|
100
|
$47.50
|
$1,711.00
|
|
PM
|
Philip Morris Int
|
16.88
|
3.92
|
|
85.42
|
20
|
$68.78
|
$1,732.40
|
|
JNJ
|
Johnson & Johnson
|
23.55
|
2.87
|
|
69.19
|
20
|
$49.80
|
$1,717.20
|
|
MO
|
Altria Group Inc
|
16.4
|
4.96
|
|
33.48
|
40
|
$70.40
|
$1,399.60
|
|
SYY
|
Sysco Corporation
|
19.94
|
3.21
|
|
31.65
|
40
|
$44.00
|
$1,366.40
|
|
DRI
|
Darden Restaurant
|
15.76
|
4.05
|
|
46.66
|
30
|
$60.00
|
$1,514.40
|
|
CA
|
CA Inc.
|
13.91
|
3.47
|
|
21.86
|
50
|
$50.00
|
$1,431.00
|
|
PG
|
Procter & Gamble
|
17.4
|
2.95
|
|
68.72
|
25
|
$57.20
|
$1,924.75
|
|
KRFT
|
Kraft Foods Group
|
20.56
|
3.58
|
|
44.41
|
40
|
$80.00
|
$2,234.80
|
|
MAT
|
Mattel Inc.
|
19.55
|
2.87
|
|
36.45
|
40
|
$51.60
|
$1,812.40
|
|
PEP
|
Pepsico Inc. Com
|
20.94
|
2.67
|
|
70.88
|
20
|
$43.60
|
$1,635.80
|
|
KMB
|
Kimberly-Clark Co
|
21.17
|
3.19
|
|
86.82
|
15
|
$46.50
|
$1,457.10
|
|
COP
|
ConocoPhillips Co
|
9.8
|
4.38
|
|
61.06
|
20
|
$52.80
|
$1,210.00
|
|
GIS
|
General Mills In
|
17.71
|
2.73
|
|
42.13
|
30
|
$39.60
|
$1,455.90
|
|
UL
|
Unilever PLC Comm
|
20.2
|
3.19
|
|
39.65
|
35
|
$44.91
|
$1,415.75
|
|
NSRGY
|
NESTLE SA REG SHR
|
18.4
|
3.33
|
|
68.69
|
30
|
$65.31
|
$1,973.40
|
|
GE
|
General Electric
|
17.27
|
3.17
|
|
23.39
|
65
|
$48.10
|
$1,507.35
|
|
ADP
|
Automatic Data Pr
|
23.6
|
1.82
|
|
61.65
|
25
|
$31.63
|
$1,721.50
|
|
K
|
Kellogg Company C
|
25.31
|
2.73
|
|
61.52
|
25
|
$44.00
|
$1,605.75
|
|
KO
|
Coca-Cola Company
|
21.07
|
2.66
|
|
38.83
|
40
|
$42.80
|
$1,604.40
|
|
RTN
|
Raytheon Company
|
11.65
|
3.09
|
|
57.04
|
20
|
$41.00
|
$1,322.40
|
|
RCI
|
Rogers Communicat
|
11.22
|
4.32
|
|
51.06
|
50
|
$83.30
|
$1,960.00
|
|
GPC
|
Genuine Parts Com
|
18.68
|
2.67
|
|
77.06
|
20
|
$41.28
|
$1,561.40
|
|
TSCDY
|
TESCO PLC SPONS A
|
204.93
|
4.61
|
|
17.98
|
110
|
$77.99
|
$1,677.50
|
|
APD
|
Air Products and
|
16.62
|
2.91
|
|
85.71
|
15
|
$40.50
|
$1,373.55
|
|
GSK
|
GlaxoSmithKline P
|
18.31
|
4.68
|
|
52.16
|
30
|
$70.38
|
$1,499.10
|
|
WMT
|
Wal-Mart Stores
|
14.83
|
2.31
|
|
79.25
|
20
|
$34.72
|
$1,489.80
|
|
BTI
|
British American
|
16.59
|
3.94
|
|
114.6
|
13
|
$53.82
|
$1,338.22
|
|
CHL
|
China Mobile Limi
|
9.97
|
4.35
|
|
55.32
|
25
|
$54.95
|
$1,294.25
|
|
MMM
|
3M Company Common
|
17.39
|
2.22
|
|
110.27
|
15
|
$36.75
|
$1,640.25
|
|
TUP
|
Tupperware Brands
|
22.69
|
2.5
|
|
80.98
|
15
|
$29.40
|
$1,165.35
|
|
IBM
|
International Bus
|
13.49
|
1.79
|
|
206.35
|
8
|
$28.00
|
$1,528.88
|
|
HAS
|
Hasbro Inc.
|
17.7
|
3.23
|
|
44.09
|
30
|
$43.20
|
$1,344.90
|
|
T
|
AT&T Inc.
|
27.56
|
5
|
|
34.47
|
30
|
$53.40
|
$1,062.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$1,970.11
|
$59,182.70
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Average Yield
|
3.33%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Yield On Cost
|
3.50%
|