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Today I will display my holdings for individual stocks, their yields and annualized incomes from the stock. (The annualized portion is based on the amount of shares I own X the annual dividend per share.)I will be displaying this on a frequent basis to show growth in my portfolio from DRIP and other purchases and analysis' that I make. I am using this as a tool, also, for myself to see how my portfolio is growing.
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As you can see, I have a mix of stocks, some speculative some very sound, but it is getting diverse. I have been choosing individual stocks for about 6 months now and am seeing dramatic results in terms of share price return as well as dividend income growth. I currently stand at $171.93 in dividend income per year and will post again in December to see if that number has grown - to which I will describe the growth: Dividend Reinvestment or New Funding from my own pocket for growth.
From seeing this simple chart, I see that Visa is a relatively low yield, to which I am not happy. I purchased them in the mid-upper $60 range and will wait to see what the price does. They did raise their dividend by 20% for this recent quarter from 12.5 cents to 15 cents per share. I know it doesn't seem like a lot, but a 20% growth rate is phenomenal. The reason why I hold on to them is because I feel there is more price appreciation that is there and I want to see if they will continue to make this growth pattern.
Pfizer: PFE, will be paying me dividends this December, as well as Visa (V), and Paragon Shipping (PRGN). Thus, with dividend reinvestment, this should automatically raise my annualized dividend income, just as long as they continue to make at least the same dividend payment next quarter; this is due to the fact through Dividend Reinvestment I will be owning more shares.
I will report back on another analysis, enjoy the rest of Thanksgiving Break everyone!
-Lanny B.
Disclosure: I do not recommend any particular company. I am therefore Long on all stocks above, but do not provide this chart as a recommendation of any sort. Do your due diligence and find what is suitable for you. Thank You : )
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