Exelon Corporation (EXC), Plum Creek Timber Co. Inc. (PCL), Brookfield Infrastructure Partners L.P. (BIP): The World’s Best Dividend Portfolio

Page 1 of 2

Exelon Corporation (NYSE:EXC)In June 2011 I invested my money equally in a selection of 10 high-yield dividend stocks. With a year of success behind me, in July 2012, I added even more money to the portfolio. Those names offer triple the yield of the average S&P 500 stock. You can read all the details here. Now let’s check out the results so far.

Company Cost Basis Shares Yield Total Value Return
Southern $39.71 25.0818 4.2% $1,184.61 18.9%
Exelon Corporation (NYSE:EXC) $41.36 28.818 3.4% $1,047.25 (12.1%)
National Grid $48.90 20.3693 5.7% $1,296.51 30.2%
Philip Morris International $68.49 14.5429 3.6% $1,381.72 38.7%
Ryman Hospitality $44.93 24.7 4.6% $1,072.47 (3.4%)
Plum Creek Timber Co. Inc. (NYSE:PCL)
$38.42 26 3.3% $1,324.18 32.6%
Brookfield Infrastructure Partners L.P. (NYSE:BIP) $26.12 38.2825 4.4% $1,477.70 47.8%
Vodafone $26.75 56.7566 5.3% $1,706.10 12.4%
Seaspan $15.24 95 5.9% $2,112.80 46%
AT&T $35.20 28.4 4.8% $1,066.70 6.7%
Retail Opportunity Investments Corp (NASDAQ:ROIC) $12.20 81.95 4.1% $1,202.21 20.2%
Annaly Capital Management, Inc. (NYSE:NLY) $25.98 38.9 7.3% $999.73 0.8%
Cash $330.37
Dividends Receivable $12.73
Original Investment $12,983.97
Total Portfolio $16,215.09 24.9%
Investment in SPY (Including Dividends) 22.5%
Relative Performance (Percentage Points) 2.5

Source: Capital IQ, a division of Standard & Poor’s.

The portfolio continued to perform strongly since my last report. Cumulative performance is now at 24.9%, up 2.3 percentage points from before. However, we slipped a bit against the S&P, from 2.8 down to 2.5. The portfolio’s surge has occurred just as the market started getting rocky. I’m continuing to hold dividends in cash – better than a half-year’s worth – waiting for an excellent opportunity. I’ve been holding more cash than I normally would, expecting a downturn after the runaway start to the markets this year.

The blended yield is 4.8%, and we have more than $300 in cash in the portfolio. May is one of the big months for dividends around here, too, so more money will be rolling in.

In June, I’m going to add $2,000 in cash to the portfolio, to mimic what an investor might do annually. I’ll also add at least two new positions, and I expect to sell at least one. As I asked last week, if you have any good dividend stocks to buy or would like to recommend ones from the portfolio to sell, let me know in the comments box below. Thanks for the suggestions so far.

Dividends and earnings announcements
Here is the recent news on earnings and dividends:

Earnings news:

Brookfield Infrastructure Partners L.P. (NYSE:BIP) reported a 38% increase of funds from operation per share, while it was up 48% on an absolute basis. In particular, focus on the per-share amount, since this MLP sometimes issues shares to buy its assets. The company’s FFO payout ratio, at 59%, fell just below the target range of 60%-70%, meaning that we should see up a nice distribution increase if these highly stable assets continue to perform. The company is continuing to look at deals and says 2013′s acquisitions could be as nice as last year’s.

Retail Opportunity Investments Corp (NASDAQ:ROIC) reported $0.19 per share in FFO, and the company continues to grow quickly and strongly. Occupancy was up 110 bps year over year, to 93.4%, while same-store cash net operating income grew at a very strong 7.9% clip. With 23.5% debt-to-total-market cap, ROIC has a lot of room to leverage its balance sheet to grow its portfolio. I expect more greatness from the company. It’s up 20% (not including dividends) for 11 months.

Annaly Capital Management, Inc. (NYSE:NLY)’s adjusted earnings came in at $0.47 per share, compared with $0.54 in the year-ago quarter, and leverage is up to 6.6, from 5.8. Book value per share slipped sequentially, from $15.85, to $15.19. The interest rate spread declined sequentially and year over year and currently stands at just 0.91%. That continues to augur declining common dividends, and it’s one of the reason I moved to the preferred stock.

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

On the Move: The 10 Fastest Growing Businesses in 2015

Fast Money: The 10 Highest Paying Fast Food Restaurants

Mixing It Up: The 14 Best Music Mashups of 2014

Rito Pls Buff: The 10 Least Played Champions in LoL Season 4

10 Covers of Popular Songs that are Better than the Originals

Must See TV: The 9 Most Anticipated Shows of 2015

The 15 Biggest Box Office Bombs of All Time

10 Things The World Can’t Stand About Americans

Picture Perfect: The 6 Smartphones with the Best Cameras

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!