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Author: mungofitch Big gold star, 5000 posts Top Favorite Fools Top Recommended Fools Feste Award Winner! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 211790  
Subject: OT: Dividend portfolio recap Date: 11/19/2009 11:51 AM
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A while ago I suggested a long-hold dividend portfolio
http://boards.fool.com/Message.asp?mid=27798752

This is just a quick update

First, the news---since BNI was in the list, and that's no longer going
to be a possible holding because of the Berkshire buyout, the portfolio will have to change.
So, I'll suggest selling the BNI and reallocating the capital equally
among the top 8 holdings on the list, to wit:
GE General Electric
STD Santander
WFC Wells Fargo
COP Conoco Philips
SNY Sanofi-Aventis
KFT Kraft Foods
GSK GlaxoSmithKline
4502:JP Takeda

The portfolio has returned 34.07% in 4.41 months including dividends.
The S&P 500 as tracked by SPY has returned 25.38% including dividends.
So, that's an advantage of 8.79% relative to the S&P 500 benchmark.

Of the 34.07% return so far, dividends have been 1.48%, or 4.01% annualized linearly.
The target was about 4.0% yield on the original money, so that's right on target.
The yield is now lower as a percentage of the current portfolio value,
simply because the portfolio has gone up so much in market value.
It's probably around 2.97% now.

Jim


PS
For the gory details, these are the new allocations.
BNI is assumed to have been sold today at $98.13.
The portfolio started out at a target of $200,000. (actually 199009 due to rounding).

The "Change" column shows the change in price since the original post,
after taking into account currency movements.

Ticker   Name                 Shares  Worth   Fraction  Change
GE General Electric 1352 21240 8.04% 46.7%
STD Santander 1196 20727 7.84% 52.8%
WFC Wells Fargo 595 16869 6.38% 23.7%
COP Conoco Philips 309 16334 6.18% 34.0%
SNY Sanofi-Aventis 406 15225 5.76% 27.4%
KFT Kraft Foods 406 10986 4.16% 5.3%
GSK GlaxoSmithKline 294 12122 4.59% 18.3%
4502:JP Takeda 254 10162 3.84% -0.7%
ETN Eaton 220 13809 5.22% 53.2%
IR Ingersoll Rand 450 16315 6.17% 82.6%
NSC Norfolk Southern 240 12199 4.62% 40.8%
JNJ Johnson & Johnson 140 8672 3.28% 8.5%
AXP American Express 350 14333 5.42% 80.2%
PG Procter & Gamble 150 9291 3.52% 17.7%
RY.TO Royal Bank Canada 200 10799 4.09% 40.0%
KO Coca Cola 155 8764 3.32% 16.6%
NESN.VX Nestle 180 8448 3.20% 24.3%
TSCO.L Tesco 1210 8484 3.21% 24.9%
CL Colgate Palmolive 90 7560 2.86% 14.5%
PKX Posco 80 9560 3.62% 48.0%
DEO Diageo 110 7492 2.83% 20.4%
BNI Burlington Northern 0 0 0.00% 44.1%
6201:JP Toyota Industries 190 4925 1.86% 6.4%


Total 264314 100.0%


To be even more gory, here are the trades
Sell 80 BNI
Buy 62 GE
Buy 56 STD
Buy 35 WFC
Buy 19 COP
Buy 26 SNY
Buy 36 KFT
Buy 24 GSK
Buy 24 Takeda
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