Rally

Market has been red hot over the past 2 weeks. The rally took a day off today and was down about 41 points to close at 11,478.

I have been using Sharebuilder over the past year to DCA into building my positions.

My Sharebuilder orders executed on Tuesday and picked up:

• $250 of AFL at $39.04. Yield 3.07%.

• $250 of ABT at $52.62.  Yield 3.65%

• $150 of MO at $27.59. Yield 5.94%.

• $200 of KMR at $61.21. Yield 7.52%.

• $200 of LMT at $75.97. Yield 5.27%.

• $250 of BDX at $74.2. Yield 2.21%.

• $250 of CVX at $97.99. Yield 3.18%.

• $150 of GE at $16.03. Yield 3.74%.

• $200 of PAYX at $27.78. Yield 4.46%.

• $249 of PM at $65.60. Yield 4.70%

• $250 of PEP at $60.9. Yield 3.38%.

• $200 of PG at $64.52. Yield 3.25%.

• $200 of RDS.B at $66.66. Yield 5.04%.

• $249 of TEVA at $37.94. Yield 2.07%.

I actually did not want to make make additional purchases of CVX, RDS.B, ABT, LMT, MO, and PM. I changed my investment plan on Monday but I guess my changes didn't register with the system. I will make sure this does not happen again.

Anyways, total amount of new capital was $2948 and these purchases will add another $117.55 to my annual dividend income.

It seems as if we are in a trading range between 10,500 and 11,500.

Ugly start to the 4th quarter

Another ugly, ugly day.

Dow dropped 258 (-2.36%) points to close at 10,655. The S&P was -2.8%. Small Caps continue to take it on the chin and were -5%.

Financials led (again) the downward charge. BAC was down almost -10% to close at 2008 levels. It hit a new 52 week low to close at $5.53.

September 2011 Dividend Income Update

Dividends Received

Total dividends received during the month were $360.27:

• GS $10.60

• JNJ $81.60 

• CVX $29.40 

• RDS.B $93.13 

• RDS.A $1.21 

• FTR $3.00 

• BDX $9.08 

• LMT $64.59

• EXC $24.72 

• PEP $42.89 

Purchases

This months purchases (includes reinvested dividends):

• $299 of ABT at $50.96. Yield 3.77%.

• $1500.90 of AFL at $34.33. Yield 3.50%.

• $458.08 of BDX at $76.51. Yield 2.14%.

• $2154.99 of CLGX at $9.07. Yield 0%.

• $278.40 of CVX at $94.61. Yield 3.30%.

• $24.72 of  EXC at $42.94. Yield 4.89%.

• $399 of GE at $15.55. Yield 3.86%.

• $10.60 of GS at $99.49. Yield 1.41%.

• $52.32 of JNJ at $63.59. Yield 3.59%.

• $424 of KMR at $59.14. Yield 7.78%.

• $397.34 of LMT at $73.90. Yield 4.81%.

• $149 of MO at $26.61. Yield 6.16%.

• $374 of PAYX at $26.75. Yield 4.63%.

• $541.89 of PEP at $61.59. Yield 3.34%.

• $3556.50 of PM at $62.97. Yield 4.85%.

• $400.13 of RDS.B at $64.77. Yield 5.19%.

• $349 of PG at $62.65. Yield 3.35%.

• $499 of TEVA at $37.15. Yield 2.11%.

• $250 of AFL at $39.04. Yield 3.07%.  

$11,870.08 in total new capital added with initial yield of 3.49%. 

Dividend increases:

• VZ 2.6% raise. +$3.76

• PM 20% raise. +$45.06

• LMT 33% raise. +$88.51

All together, annualized dividend income increased by $551 from last months total of $4700 to $5251. This means my dividend stocks will pay $5251 in dividends over the next 12 months. This portfolio of stocks has a current yield of 3.46%.

My 2011 goal was $5500 and I should easily surpass this.