In September 2011, I did some in-depth research to find long term sustainable dividend stocks and have been doing updates on this Ultimate Sustainable dividend portfolio since then in the attempt to show how well such a portfolio can perform over the long term. I would personally say that things have been going very well and will certainly continue to evolve. I do have a few more things planned which I will discuss in the near future.
The USDP is obviously a critical part of my now very public quest to replace my job income with passive income. you can see my most recent update here. I recently came back from vacations and I can tell you that it’s one incredible motivation.. Not that I needed it but wow:)
Things continue to go very well for the USDP which I’m thrilled to see. Very exciting stuff and I’m thrilled with how things have gone so far. I have done a couple of trades and continue to work on optimizing it, if ever you would like to receive those types of updates, please join, it’s free:
Keep in mind that this portfolio was built by selecting 20 stocks out of thousands. The goal is not to pick the best dividend stocks but rather to pick a diversified, high quality portfolio that will keep dividends increasing over time.
Here are the holdings as of last night to start off:
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August will see a nice chunk of income as the $117 of dividends is 20% more than last year. Take a look at the progress:
Ultimate Sustainable Dividend Portfolio News
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Nothing spectacular here but the USDP continues to outperform the S&P500 so I’m certainly fine with how things are going, especially given it’s more difficult for dividend portfolios to outperform in faster rising markets.
I am getting very close to dumping Intel Corp (INTC) as I explained. I would say it’s likely at this point but I will continue to look for a good candidate to add in its place. If you have any ideas, please go ahead and let me know:)