Ultimate Sustainable Dividend Portfolio – July 2013 Update – Slow And Steady

By: ispeculatornew
Date posted: 07.17.2013 (3:00 am) | Write a Comment  (0 Comments)

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retirementIn 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:)

The USDP continues to do very well and is outperforming the S&P500!! 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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Dividends Received

July is not a strong month in terms of dividends but the USDP will receive 20% more this July than the previous one which is fine with me.  Take a look at the progress:

usdp2013072

Ultimate Sustainable Dividend Portfolio News

Not much news to report. Still waiting on the conclusion of the Dover news that I discussed last month. July is obviously a very slow month.

Returns

It’s not necessarily the right target to try beating the overall market of the S&P500 but I do like to compare the performance of the USDP with a fairly well known benchmark which gives more context to the return so far. I have to say, things are looking up as the USDP outperformed the S&P500 once more this month.

usdp201307

Trades

Not much to report. I did decide to reinvest almost the entire $1000 that I’m adding this month into Invesco (IVZ), one of my more recent acquisitions.

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