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.
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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.
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| 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.
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| 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 |
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| | | | | | | | Average Yield | 3.33% |
| | | | | | | | | |
| | | | | | | | Yield On Cost | 3.50% |
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