Dividend Post
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Scorecard Commentary September 1 2009
The initial recommendations made at The Dividend Post were made in early February of 2008.
Now 16 months later it is time to start a commentary page to discuss results to date and to determine
where to go from here.
A fairly well rounded group of companies are now held in the portfolio in equal weights. We are down 5.00%
overall in time if dividends are taken into account, but 8.00% if dividends were not factored in. The use of dividends is a personal
decision and some individuals need the income while others prefer to reinvest these funds. Our yield has moved from 3.28%, based on
the entry price paid, up to 3.42%. This is a positive and proof that rising dividends will increase your yield, especially over long
time periods. In this case, the stock market has been a disaster yet we retain our income, and the portfolio, though down,
is well positioned to gain strength over time while still providing an increasing income stream.I will forego yield if I believe the fundamental value of the company makes it more attractive to also consider capital
gains. Stryker Corp. is an example of this as the entry yield at 0.93% is extremely low.
Scorecard Commentary July 1 2009
The initial recommendations made at The Dividend Post were made in early February of 2008.
Now 16 months later it is time to start a commentary page to discuss results to date and to determine
where I go from here.
A fairly well rounded group of companies are now held in the portfolio in equal weights. We are down 11.90%
overall in time if dividends are taken into account, but 15.07% if dividends were not factored in. The use of dividends is a personal
decision and some individuals need the income while others prefer to reinvest these funds. Our yield has moved from 3.28%, based on
the entry price paid, up to 3.42%. This is a positive and proof that rising dividends will increase your yield, especially over long
time periods. In this case, the stock market has been a disaster yet we retain our income, and the portfolio, though down,
is well positioned to gain strength over time while still providing an increasing income stream.I will forego yield if I believe the fundamental value of the company makes it more attractive to also consider capital
gains. Stryker Corp. is an example of this as the entry yield at 0.93% is extremely low.
