After all, when a company is priced for perfection and has a balance sheet dependent on that perfection for it to survive, any stumble can be financially fatal to its shareholders. Yet when a company is priced for an imperfect reality and has a solid enough balance sheet to survive the inevitable rough patches, its investors can continue to see rewards, even when things aren’t going swimmingly. That’s especially true when a portion of those rewards come from dividends supported by cold, hard cash.
iPIG portfolio snapshot as of May 10, 2013
| Company | Purchase Date | No. of Shares | Total Investment (including commissions) | Current Value |
|---|---|---|---|---|
| United Technologies Corporation (NYSE:UTX) | 12/10/2012 | 18 | $1,464.82 | $1,714.50 |
| Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) | 12/12/2012 | 38 | $1,519.40 | $1,477.82 |
| The J.M. Smucker Company (NYSE:SJM) | 12/13/2012 | 17 | $1,483.45 | $1,761.71 |
| Genuine Parts Company (NYSE:GPC) | 12/21/2012 | 23 | $1,476.47 | $1,790.78 |
| Mine Safety Appliances (NYSE:MSA) | 12/21/2012 | 36 | $1,504.96 | $1,797.12 |
| Microsoft Corporation (NASDAQ:MSFT) | 12/26/2012 | 55 | $1,499.15 | $1,797.95 |
| Hasbro, Inc. (NASDAQ:HAS) | 12/28/2012 | 43 | $1,520.60 | $2,042.93 |
| NV Energy, Inc. (NYSE:NVE) | 12/31/2012 | 84 | $1,504.72 | $1,720.32 |
| United Parcel Service, Inc. (NYSE:UPS) | 1/2/2013 | 20 | $1,524.00 | $1,766.80 |
| Walgreen Company (NYSE:WAG) | 1/4/2013 | 40 | $1,501.80 | $1,948.80 |
| Texas Instruments Incorporated (NASDAQ:TXN) | 1/7/2013 | 47 | $1,515.70 | $1,740.88 |
| Union Pacific Corporation (NYSE:UNP) | 1/22/2013 | 6 | $805.42 | $925.80 |
| CSX Corporation (NYSE:CSX) | 1/22/2013 | 34 | $712.50 | $864.62 |
| McDonald’s Corporation (NYSE:MCD) | 1/24/2013 | 16 | $1,499.64 | $1,603.20 |
| Becton, Dickinson and Co. (NYSE:BDX) | 1/31/2013 | 18 | $1,518.64 | $1,792.98 |
| AFLAC Incorporated (NYSE:AFL) | 2/5/2013 | 27 | $1,466.35 | $1,456.65 |
| Air Products & Chemicals, Inc. (NYSE:APD) | 2/11/2013 | 17 | $1,510.99 | $1,550.57 |
| Raytheon Company (NYSE:RTN) | 2/22/2013 | 27 | $1,473.91 | $1,735.29 |
| Emerson Electric Co. (NYSE:EMR) | 4/3/2013 | 28 | $1,548.12 | $1,622.88 |
| Cash | $3,117.16 | |||
| $34,228.76 |
Data from the iPIG portfolio brokerage account, as of May 10, 2013.
To follow the iPIG portfolio for free as buys and sells are made, watch portfolio manager Chuck Saletta’s article feed by clicking here. To join in the discussion on the portfolio, its holdings, and its methods, simply click here for the Fool’s free iPIG portfolio discussion board.
The article Why Strict Investing Standards Rule originally appeared on Fool.com and is written by Chuck Saletta.
Fool contributor Chuck Saletta owns shares of AFLAC Incorporated (NYSE:AFL), Texas Instruments Incorporated (NASDAQ:TXN), Microsoft Corporation (NASDAQ:MSFT), McDonald’s Corporation (NYSE:MCD), Genuine Parts Company (NYSE:GPC), United Technologies Corporation (NYSE:UTX), Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA), Becton, Dickinson and Co. (NYSE:BDX), Walgreen Company (NYSE:WAG), Union Pacific Corporation (NYSE:UNP), Hasbro, Inc. (NASDAQ:HAS), United Parcel Service, Inc. (NYSE:UPS), CSX Corporation (NYSE:CSX), The J.M. Smucker Company (NYSE:SJM), Air Products & Chemicals, Inc. (NYSE:APD), Mine Safety Appliances (NYSE:MSA), NV Energy, Inc. (NYSE:NVE), Raytheon Company (NYSE:RTN), and Emerson Electric Co. (NYSE:EMR). The Motley Fool recommends Aflac, Becton Dickinson, Emerson Electric, Hasbro, McDonald’s, Mine Safety Appliances, and United Parcel Service. The Motley Fool owns shares of Hasbro, McDonald’s, Microsoft, and Raytheon.
Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.
