DDI Monthly Income Update: November 2012 – How many Paychecks did you get?
A Quick Portfolio Update
Itś been awhile since I´ve done a monthly income update on the DDI Portfolio, so here´s a quick recap of the numbers from November.
I recently sold a few under-performing positions and have reallocated a small portion of the cash. I am currently sitting on just over $4000 in cash. With interest rates at .01% this basically makes this dead money with an effective yield less than 0%.
November 2012 Income Results
The total income for November was $623.77 showing that the DDI portfolio is now consistently paying out above my first income goal of $500/month. Onward to $1000/month! The November payouts were spread across 41 separate ¨paychecks¨ or dividend payments.
Besides tracking the total number of monthly payouts, I thought it would be useful to start tracking the number of days during the month when I received a payment – for November this worked out to be 16 days, which means I basically got paid every other day for the entire month! Not bad….when was the last time your boss paid you that often??
The year to date (YTD) total income for the Daily Dividend Investor Portfolio is now at $6908.07 which puts it on track to top $7500.00 for the year.
Novemberś Bread Winners
The four top income produces for November include two Telecom companies, a Business Development Company and a Casino Operator. Wynn Resorts, the casino operator, which normally pays a small 1% dividend, made the Bread Winners list this month thanks to itś annual special dividend of over $7/share paid at the end of each calendar year.
And the winners are:
- Wynn Resorts $40.00
- Solar Senior Capital $35.25
- AT&T $30.80
- Verizon $25.75
Month Over Month Comparisions
Again, I haven’t done a monthly income update in a while, so I won’t give any month over month comparisons with previous or future quarters this month. I will return to these comparisons once we have a quarter of results posted on the blog – stay tuned. It’s always good to track the trends of the portfolio and I look forward to seeing these results as we move into 2013.
That’s it for the November round up. I hope you find these reports informative. Are you building your own passive income portfolio? Let us know what you’re up to by sharing your best picks or anything that’s worked well for you – I always enjoy getting your input and feedback.