Monthly Income Update: November 2011
The DDI Portfolio does it again!
41 companies spread over a multitude of sectors including Oil Production, Real Estate, Consumer Staples, Pharmaceuticals and Telecom produced a total income for the DDI portfolio of $509.24 in Noevember.
With the exception of the passive income stream from the incoming dividends, the Daily Dividend Investor portfolio was fairly quiet in November – recording only one new purchase. Near the beginning of November I added 10 shares of Microsoft (ticker: MSFT) to the portfolio using the available cash on hand.
The good news for November is that once again the DDI portfolio exceeded the $500 mark in passive dividend income, marking the second straight quarter for month #2 to make it’s quota.
However, November was not strong enough to add on to the fantastic gains we had back in August when the DDI portfolio topped out at $527.18.
There were two holdings that negatively affected the results this month. Cal Maine Foods (ticker: CALM) has a floating dividend policy that is tied to the company’s quarterly results, as such this quarter was down slightly from the previous quarter.
Also, income from Sabine Royalty Trust (ticker: SBR) was lower this month due to the recent pull-back in oil prices at the beginning of Fall.
With signs of the economy strengthening, I expect both of these holdings to perform better in the months ahead.
Monthly Top Performers
Each month I like to look back and see which holdings were the strongest performers as rated by largest dollar payouts. While this doesn’t change much from month to month or quarter to quarter, I do expect to see some changes over the longer term as the portfolio continues to grow and diversify.
This month the top names were:
- Realty Income (ticker: O) came in with income of $87.11
- Sabine Royalty Trust(ticker: SBR) added only $34.27 down from previous months
- Wells Fargo Preferred (ticker: JWF) delivered $35.16 as expected
New Capital Additions
As the holiday season has geared up, I have placed the DDI portfolio mostly on auto-pilot letting it generate as much cash as possible. As such, I only added about $100 of new capital. As we move closer to the New Year I will refocus my efforts on the DDI portfolio and make the previously planned capital additions in late December or early January 2012. I hope to begin to systematize my capital contributions to allow the portfolio to grow both organically and through new acquisitions. I’m putting a “stretch” goal in place for 2012 to reach $1000/month in passive dividend income from the DDI portfolio. Stay tuned!
Can you help me?
As the DDI blog continues to grow and develop….
I could definitely use your help – here’s how!
2. Tell me what you’re investing in, even it’s it’s not dividend producing stocks! I believe that one of the best ways to learn and grow is to investigate what others around you are doing and learn from their experiences. I would love to hear from you, so drop me a line!
I want to wish all of my readers a Happy Holiday Season and hope 2012 provides the best of opportunities for you!
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