It was on 11-23-2008 that I decided to go "all in" with dividend growth stocks. I have an account which holds 18 dividend stocks and I haven't put another dollar into that account since establishing it on 11-23-08. Therefore, it's easy to determine results.
At the close of 11-23-2011, that account was up 56.4% for the three years, while at the same time, the S&P 500 ($SPX), was up 45.2%. (On 11-23-08, the $SPX closed at $800.03.)
My objective isn't to beat the S&P, it's to generate an income that is "reliable, predictable and increasing." It just so happens, the portfolio also beat the S&P 500 during that time frame. I was surprised to see that. I don't own growth stocks.
My other accounts, to which I am still adding funds, are set up the same way as the account discussed above.
I will list the current holdings, but MMP, SDRL, T and TOO are recent purchases. EPB was replaced by MMP, for example. The other holdings have been there since the account was established.
Company --- Yield
BMO - 5.2%
CL - 2.6%
CTL - 8.1%
D - 4.0%
EPD - 5.5%
KMR - 7.1%
KO - 2.8%
MMP - 5.0%
MO - 6.0%
NST - 3.9%
O - 5.3%
PGN - 4.8%
SDRL - 9.2%
SO - 4.4%
SYY - 3.7%
T - 6.2%
TOO - 7.5%
VZ - 5.5% |
