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One year ago, 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 but also show how I would manage such a portfolio. I have said it before, I do not believe in stocks that you can hold “forever”. Thus, even in a long term portfolio such as this one, I will end up making some trades from time to time.
The USDP is obviously a critical part of my now very public quest to replace my job income with passive income.
The USDP is now one year old!! 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 20 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:
Ticker Name Shares Sept 11 2012 Prices Sept 11 2012 Values
OMC Omnicom Group Inc 25.7 $53.53 $1,375.72
MSFT Microsoft Corp 38.4 $30.79 $1,182.34
JCI Johnson Controls Inc 35.0346 $28.14 $985.87
PEP PepsiCo Inc/NC 16.625 $71.58 $1,190.02
ETN Eaton Corp 25.4 $47.62 $1,209.55
DOV Dover Corp 19.5 $59.01 $1,150.70
ITW Illinois Tool Works Inc 23 $60.32 $1,387.36
XLNX Xilinx Inc 32.2 $34.88 $1,123.14
SJM JM Smucker Co/The 14 $86.01 $1,204.14
BLK BlackRock Inc 6.6 $176.72 $1,166.35
TROW T Rowe Price Group Inc 19.9 $63.07 $1,255.09
OXY Occidental Petroleum Corp 12.4 $86.44 $1,071.86
COP ConocoPhillips 19.8639 $56.37 $1,119.73
XOM Exxon Mobil Corp 14 $89.62 $1,254.68
ADI Analog Devices Inc 30 $40.23 $1,206.90
HAS Hasbro Inc 27.8 $38.56 $1,071.97
MAT Mattel Inc 37.9 $35.54 $1,346.97
INTC Intel Corp 48.2 $23.34 $1,124.99
AFL Aflac 24.42 $48.62 $1,187.30
BAX Baxter International 19.28158002 $59.70 $1,151.11
Cash $630.65
USDP $24,396.41
SPX 9.999600016 $2,498.83 $24,987.32
Dividends Received
The Month of September is a fair good month in terms of cash flows month for the Ultimate Sustainable Dividend Portfolio. Since the start of this month, all dividends are being reinvested in DRIP fashion. Also, now that the portfolio is 1 year old, we’ll be able to compare how much these cash flows have increased year-over-year which should be fascinating:
Ultimate Sustainable Dividend Portfolio News
In a way, it was the most quiet of months for the USDP and we did not see any dividend announcements for our holdings. In the summer, there is not much going on so I had little to announce. One change as I mentioned earlier was enabling the DRIP.
Returns
Not much change, the USDP did outperform the S&P500 slightly over the last month but still trails by a few dollars…!
Trades
Well we did a trade a few weeks ago when I added Baxter international (BAX), you can read about it here, there will not be a big trade for now. However, tonight I will be investing a bit of our cash into the under weighted stocks such as Johnson Controls Inc (JCI).
