Pocket Change Portfolio – March 2010

The Pocket Change Portfolio (PCP) was first introduced on September 13, 2008 as a real money dividend income portfolio funded by the “pocket change” earned from my various online endeavors. Each month I report on the portfolio’s progress and update its holdings.

March Dividends Received

Total dividends received were $120.51 for the month. It consisted of:

$7.39 Vanguard Intermediate Bond ETF (BIV)
$4.62 Vanguard Long-Term Bond ETF (BLV)
$16.66 Johnson & Johnson (JNJ) | Analysis
$16.80 BP plc (BP)
$8.71 Emerson Electric Co. (EMR) | Analysis
$16.15 United Technologies Corp. (UTX) | Analysis
$15.47 Consolidated Edison Inc. (ED)
$18.70 McDonald’s Corp. (MCD) | Analysis
$10.40 Harleysville Group Inc. (HGIC) | Analysis
$5.61 Emerging Mkts Sovereign Debt (PCY)

The portfolio was up in February, for the year and since its inception. Online earnings in February surpassed the $6,000 mark for the first time. A large portion of the increase is a result of offering one-year subscription option for D4L-Premium Services. In addition to several new one-year subscriptions, many monthly subscribers moved to the annual plan. Traffic on Dividends Value was lower in February, compared to the January record volume.

March Dividend Stock Purchases

The following securities were purchased during the month:

24 shares Vanguard Long-Term Bond ETF (BLV) providing $95.04 in annual dividend earnings
46 shares Abbott Laboratories (ABT) providing $80.96 in annual dividend earnings [Analysis]
100 shares Leggett & Platt, Incorporated (LEG) providing $104.00 in annual dividend earnings [Analysis]

Annualized Dividend Income

Including the above purchases, my annual PCP dividend income is now $1,320.94 at the current dividend rates. This is up $279.08 from last month’s $1,041.86 amount. The PCP has never had a monthly decline in annualized dividend income.