We remain on target to deliver on our portfolio’s goal of earning a high-single-digit annual return over rolling 3- to 5-year periods into the future. So far through 2012, we’re up almost 8%, and we continue to have an expected annual yield (3.8%) greater than our exchange-traded fund benchmark (DVY). Our cash balance continues to swell thanks to dividend payments received, and we’re anxiously looking to put this cash to work in coming weeks.
August was truly a fantastic month for our dividend-growth portfolio. Not only did one of our larger holdings, Altria (MO) raise its dividend by a nice clip, but two out of every three portfolio constituents advanced higher during the period as our dividend benchmark fell. Our portfolio jumped 1.2 percentage points, bolstered in part by dividend payments received. We expect outperformance like this to continue as the market begins to recognize the material underpricing and significant dividend-growth prospects of companies in our portfolio.
To continue reading, please click .
INSIDE THIS ISSUE
1 A Strong Month of August for Our Dividend Growth Portfolio
1 Dividend Profile: Realty Income (ticker: O)
2 Dividend Growth Gem Altria Raises Dividend (ticker: MO)
3 Heinz Not Playing Catch-Up (ticker: HNZ)
4 Cisco Makes Itself a True Income Investment after a Strong Fourth Quarter (ticker: CSCO)
5 Our Dividend Growth Portfolio
6 What is Going on at Intel? (ticker: INTC)
6 SeaDrill Reports a Strong Second Quarter (ticker: SDRL)
7 Medtronic Posts a Decent First Quarter (ticker: MDT)
8 Apple Victim Dell Changes to Survive (ticker: DELL)
9 Stocks with High VBI Ratings and Strong Dividend Growth Prospects
10 Footlocker Rides Nike to a Strong Second Quarter (ticker: FL)
11 Our Dividend Growth Watch List
12 Nordic American Tankers Warns About Third Quarter (ticker: NAT)
13 About Our Dividend Cushion™
16 Yields to Avoid
17 Yields to Consider
19 Featured Reports: Emerson, Owens & Minor, Hasbro
22 Our Valuentum Buying Index
25 Valuentum Definitions