My Dividend Portfolio: Q3 2013 Update
Published Oct 4, 2013 on Seeking Alpha

I have been following a dividend growth strategy for some time. The aim of the portfolio is to generate $50k per year in dividend income by 2018. For 2013, I'm targeting approximately $27k in dividend income. This update summarizes portfolio progress in Q3 2013. Source of Funds I'm using selective reinvestment of my dividend income from 2012 as my primary source of funding for new investments, in addition to excess disposable income from savings. In 2012, my portfolio generated approximately $25k in dividends. Selective use of buying on margin helps make investments in advance of dividend income being available for investment. Existing Investments in the Portfolio My dividend portfolio currently has the following companies: McDonald's (MCD), The Coca Cola Company (KO), Colgate-Palmolive (CL), Western Union (WU), CME Group (CME), Novartis (NVS), BP (BP), Cisco (CSCO), Lockheed Martin (LMT), Lorillard (LO), Apple (AAPL), Flowers Foods (FLO), Westpac Bank (WBK).... Read more