This High-Yield Dividend Portfolio Will Beat the Market
Last Tuesday, I invested my cold, hard cash into 10 high-yield dividend stocks that I believe will beat the market. After one week, let's look at the news from these companies, and see the results:
Company
Average Cost
Shares
Recent Price
Total Value
Return
Altria (NYSE: MO)
$24.86
40
$24.94
$997.60
0.32%
Philip Morris (NYSE: PM)
$61.83
16
$62.25
$996.00
0.68%
National Grid (NYSE: NGG)
$45.63
22
$46.39
$1,020.58
1.67%
Annaly Capital Management (NYSE: NLY)
$17.55
57
$17.75
$1,011.75
1.14%
Frontier Communications (NYSE: FTR)
$9.36
106
$8.42
$892.52
-10.04%
Southern Co (NYSE: SO)
$37.87
26
$38.06
$989.56
0.50%
France Telecom (NYSE: FTE)
$22.23
45
$22.02
$990.90
-0.94%
Vodafone Group (NYSE: VOD)
$28.88
34
$28.43
$966.62
-1.56%
Eli Lilly (NYSE: LLY)
$34.48
29
$34.09
$988.61
-1.13%
Bristol-Myers Squibb (NYSE: BMY)
$25.37
39
$25.49
$994.11
0.47%
Cash
$53.71
0%
Total Portfolio
$9901.96
-0.98%
Investment In SPY
-0.68%
Return vs SPY
-0.30%
Source: Capital IQ, a division of Standard & Poor's.
Last week, the market had its biggest weekly drop since November, with the Dow down 2.1% and the S&P 500 down 1.7%. Unless you've been living under a rock, you know that the market has been spooked by rising oil prices and the situation in Libya and the Middle East. Our portfolio underperformed the market by 0.3%, and since it's only been a week, I'm not worried at all. We're investing for the long term, and the results will bear it out.... Read more