Tuesday, December 25, 2012

Simplify

This is the first post since November, 2010.  (I haven't been as "retired" as I thought I would be!)  I have simplified my retirement portfolio. Currently, there are 14 dividend-paying stocks and one closed-end fund.

The stocks are ranked according to the number of consecutive years each one has raised its dividend or distribution. The year that the annual increases began is listed for each stock. Each stock's percentage of the portfolio is given.  Currently, W.P. Carey is the largest holding.  JLA is the most recent addition, with a small initial investment.

Genuine Parts Company (GPC), 1957, 3.9%
Johnson & Johnson (JNJ), 1963, 5.6%
Universal Health Realty Income Trust (UHT), 1987, 7.2%
National Retail Properties (NNN), 1990, 6.9%
W.P. Carey, Inc. (WPC), 1999, 7.9%
Southern Company (SO), 2002, 7.0%
NuStar Energy LP (NS), 2002, 7.9%*
Natural Resource Partners LP (NRP), 2004, 7.1%**
Starwood Property Trust, Inc. (STWD), 2009, 7.5%***
Eaton Corporation (ETN), 2010, 7.5%
LinnCo LLC (LNCO), 2010, 7.1%
LTC Properties, Inc. (LTC), 2012, 7.8%
PPL Corporation, (PPL), 2012, 7.2%
Annaly Capital Management, Inc. (NLY), 7.1%****
Nuveen Equity Premium Advantage Fund (JLA), 0.5%*****
Cash 2.4%

*NS's last distribution increase was declared on July 29, 2011
**NRP's last distribution increase was declared on October 21, 2011
***STWD's last regular dividend increase was declared on May 10, 2011
****NLY recently has reduced its dividend several times
*****JLA's dividend was reduced slightly in the wake of the Great Recession

LNCO is a new issue, holding shares of Linn Energy (LINE).  LINE has increased its distribution since 2010.




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