On the last
trading day of the week, I opened a new position within the telecom sector. I purchased 25 shares of the
Canadian telecom and communication company BCE. BCE yields at 5.11 percent and
as a low forward P/E of 14.37. The current P/E is also below 15 at 14.80.
Earnings growth
of 3.1 percent is predicted for the next five years. I also bought the smaller
rival Rogers Communications but the position is still 3.41 percent in the negative area. Behind Rogers and AT&T, it's my third stake withint the telecom sector.
The
corporate provides communications solutions to residential, business, and
wholesale customers primarily in Canada. The company offers local and long
distance telephone services under the Bell Home Phone brand; direct-to-home
satellite television (TV) services under the Bell TV name; Internet protocol TV
services under the Bell Fibe TV brand; and personal video recorders and online
access services. It also provides data services, including Internet access
services under the Bell Internet name; Internet protocol based services; and
information and communications technology solutions. In addition, the company
engages in the rental, sale, and maintenance of business terminal equipment;
sale of TV set-top boxes; and provision of network installation and maintenance
services for third parties.
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Latest Portfolio Transactions (Click to enlarge) |
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Latest Portfolio I (Click to enlarge) |
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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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The
position cost $1,111.50 and should bring over $50 bucks in dividends over the
year. The full-year estimated dividend income is now at $2,703.40. Only $300
dollars are necessary to hit the goal of $3,000 by the end of this year. With
cash of $21,707.22 it is still possible to reach this goal.
|
Earnings and Dividends of BCE, Inc. |
The
portfolio holdings are up 10.91 percent since the date of funding and buying in
average. Due to the low buying process and high cash value over the past year,
the complete portfolio performance is only 10.09 percent.
|
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
|
|
34.29
|
3.41
|
28.90
|
50
|
$64.75
|
$1,914.00
|
LMT
|
Lockheed Martin C
|
14.53
|
3.38
|
92.72
|
20
|
$92.00
|
$2,762.20
|
INTC
|
Intel Corporation
|
13.01
|
3.74
|
21.27
|
50
|
$45.00
|
$1,204.50
|
MCD
|
McDonald's Corpor
|
17.55
|
3.17
|
87.33
|
25
|
$77.00
|
$2,425.25
|
WU
|
Western Union Com
|
11.52
|
2.88
|
11.95
|
100
|
$50.00
|
$1,721.00
|
PM
|
Philip Morris Int
|
17.08
|
3.92
|
89.76
|
30
|
$105.87
|
$2,682.30
|
JNJ
|
Johnson & Johnson
|
20.67
|
2.74
|
69.19
|
20
|
$50.80
|
$1,881.00
|
MO
|
Altria Group Inc
|
14.63
|
4.8
|
33.48
|
40
|
$72.00
|
$1,502.00
|
SYY
|
Sysco Corporation
|
19.84
|
3.38
|
31.65
|
40
|
$44.80
|
$1,325.20
|
DRI
|
Darden Restaurant
|
18.52
|
4.03
|
46.66
|
30
|
$63.00
|
$1,564.80
|
CA
|
CA Inc.
|
13.52
|
3.16
|
21.86
|
50
|
$50.00
|
$1,596.50
|
PG
|
Procter & Gamble
|
20.92
|
2.88
|
68.72
|
25
|
$59.20
|
$2,062.75
|
KRFT
|
Kraft Foods Group
|
17.26
|
3.79
|
44.41
|
40
|
$80.00
|
$2,109.20
|
MAT
|
Mattel Inc.
|
18.49
|
3.14
|
36.45
|
40
|
$55.60
|
$1,766.80
|
PEP
|
Pepsico Inc. Com
|
20.02
|
2.59
|
70.88
|
20
|
$44.20
|
$1,717.00
|
KMB
|
Kimberly-Clark Co
|
22.43
|
2.94
|
86.82
|
15
|
$47.55
|
$1,620.45
|
COP
|
ConocoPhillips Co
|
13.52
|
3.72
|
61.06
|
20
|
$52.80
|
$1,473.80
|
GIS
|
General Mills In
|
18.88
|
2.82
|
42.13
|
30
|
$42.60
|
$1,516.20
|
UL
|
Unilever PLC Comm
|
18.69
|
3.52
|
39.65
|
35
|
$48.83
|
$1,387.75
|
NSRGY
|
NESTLE SA REG SHR
|
19.91
|
3.02
|
68.69
|
30
|
$65.31
|
$2,159.10
|
GE
|
General Electric
|
20
|
2.86
|
23.39
|
65
|
$49.40
|
$1,758.25
|
ADP
|
Automatic Data Pr
|
25.62
|
2.31
|
61.65
|
25
|
$43.50
|
$1,900.25
|
K
|
Kellogg Company C
|
23.79
|
2.87
|
61.52
|
25
|
$44.50
|
$1,554.75
|
KO
|
Coca-Cola Company
|
20.65
|
2.75
|
38.83
|
40
|
$43.80
|
$1,602.00
|
RTN
|
Raytheon Company
|
14.52
|
2.55
|
57.04
|
20
|
$43.00
|
$1,707.20
|
RCI
|
Rogers Communicat
|
12.17
|
3.74
|
46.5
|
50
|
$84.00
|
$2,246.50
|
GPC
|
Genuine Parts Com
|
17.82
|
2.65
|
77.06
|
20
|
$42.12
|
$1,613.80
|
TSCDY
|
TESCO PLC SPONS A
|
N/A
|
3.93
|
17.08
|
110
|
$75.79
|
$1,952.50
|
APD
|
Air Products and
|
23.12
|
2.56
|
85.71
|
15
|
$41.55
|
$1,641.75
|
GSK
|
GlaxoSmithKline P
|
20.79
|
4.5
|
52.16
|
30
|
$71.13
|
$1,594.80
|
WMT
|
Wal-Mart Stores
|
15.09
|
2.33
|
79.25
|
20
|
$36.16
|
$1,559.20
|
BTI
|
British American
|
16.76
|
3.81
|
111.13
|
23
|
$96.14
|
$2,539.43
|
CHL
|
China Mobile Limi
|
10.22
|
4.29
|
55.32
|
40
|
$89.52
|
$2,084.00
|
MMM
|
3M Company Common
|
19.42
|
1.97
|
110.27
|
15
|
$37.43
|
$1,919.85
|
TUP
|
Tupperware Brands
|
18.05
|
2.57
|
80.98
|
15
|
$33.30
|
$1,297.65
|
IBM
|
International Bus
|
12.47
|
2.06
|
193.17
|
20
|
$74.00
|
$3,599.80
|
HAS
|
Hasbro Inc.
|
18.87
|
3.08
|
44.09
|
30
|
$46.80
|
$1,514.40
|
T
|
AT&T Inc.
|
25.7
|
5.13
|
34.47
|
30
|
$54.00
|
$1,055.10
|
WAG
|
Walgreen Co. Comm
|
23.12
|
1.46
|
44.25
|
30
|
$25.95
|
$1,791.00
|
AFL
|
AFLAC Incorporate
|
9.81
|
1.63
|
59.39
|
20
|
$21.00
|
$1,315.00
|
TGT
|
Target Corporatio
|
15.62
|
2.33
|
68.69
|
32
|
$48.32
|
$2,083.52
|
CSCO
|
Cisco Systems In
|
12.42
|
2.81
|
25.12
|
90
|
$58.50
|
$2,115.90
|
DE
|
Deere & Company C
|
9.36
|
2.44
|
84.11
|
15
|
$29.85
|
$1,222.50
|
RGR
|
Sturm Ruger & Co
|
15.25
|
2.14
|
51.65
|
20
|
$30.88
|
$1,435.60
|
LO
|
Lorillard Inc Co
|
16.05
|
4.24
|
42.3
|
30
|
$65.00
|
$1,543.80
|
UNP
|
Union Pacific Cor
|
16.99
|
1.86
|
154.75
|
8
|
$22.88
|
$1,240.32
|
IDA
|
IDACORP Inc. Com
|
13.47
|
3.12
|
47.94
|
20
|
$31.40
|
$1,010.80
|
BAX
|
Baxter Internatio
|
16.52
|
2.88
|
66.38
|
20
|
$37.60
|
$1,302.60
|
MSFT
|
Microsoft Corpora
|
14.04
|
2.45
|
33.88
|
40
|
$36.80
|
$1,511.20
|
ACN
|
Accenture plc. Cl
|
15.32
|
2.3
|
77.71
|
20
|
$34.80
|
$1,504.80
|
BCE
|
BCE Inc. Common
|
13.36
|
3.92
|
44.26
|
25
|
$42.98
|
$1,106.50
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$2,703.40
|
$88,716.57
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Average Yield
|
3.05%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Yield On Cost
|
3.38%
|