Great Week

Weekend Update

My Dividend Portfolio had a great week. It was really helped by some solid earnings by INTC and MSFT. I am now up 5.6% on the year and am very comfortable with my holdings. I am starting to widen the gap between my results and the benchmark as shown in table below.

One item I am starting to think about "un peu" is when to sell/review my stocks. Greenblatt also struggled with this in MFI. I am not sure whether to just go with my instincts (which frankly are often wrong and emotional) or whether to have some more definitive criteria. Thoughts?

Stock	Shares	Avg Cost	Current Price	Dividends Received	Pct Change	R3K Change	Diff
AZN	424	47.15	47.39	1,092	6.0%	2.7%	3.3%
BHK	2,908	12.54	13.71	1,283	12.8%	-1.7%	14.5%
CEL	1,544	25.73	15.96	5,875	-23.2%	19.5%	-42.7%
CPL	1,000	22.67	29.22	-	28.9%	14.1%	14.8%
CSCO	1,806	16.75	19.92	304	20.0%	0.1%	19.9%
CSQ	5,065	8.16	8.88	1,205	11.8%	13.9%	-2.2%
DD	500	43.78	49.42	-	12.9%	4.8%	8.0%
ENH-PA	1,000	26.12	26.15	-	0.1%	1.1%	-1.0%
FCX	503	36.04	43.10	125	20.3%	10.4%	9.9%
GCAP	3,000	6.39	6.37	-	-0.4%	1.3%	-1.7%
HPQ	804	25.79	28.13	96	9.5%	10.4%	-0.9%
INTC	1,271	19.58	26.38	997	38.8%	15.2%	23.5%
JQC	4,483	8.85	8.57	1,598	0.9%	0.9%	0.0%
KMF	1,760	21.68	25.84	1,330	22.7%	10.1%	12.6%
KSW	13,048	3.76	3.35	4,023	-2.7%	13.1%	-15.8%
LNC	2,424	24.33	22.50	593	-6.5%	7.8%	-14.3%
MNDO	13,678	2.48	2.20	2,400	-4.1%	2.9%	-7.1%
MSFT	947	26.75	29.71	576	13.3%	7.3%	6.0%
PM	436	45.63	74.52	1,614	71.4%	22.8%	48.7%
PRE	505	56.34	64.20	300	15.0%	9.3%	5.7%
PVD	397	63.26	70.50	698	14.2%	10.3%	3.9%
RTN	458	46.83	49.88	434	8.5%	-0.5%	9.1%
SBS	1,035	39.34	61.36	2,390	61.8%	15.1%	46.8%
SLF	2,719	27.31	20.41	1,805	-22.8%	1.9%	-24.7%
STD	4,216	9.56	7.75	2,438	-12.9%	4.6%	-17.4%
STO	1,000	23.86	25.00	-	4.8%	11.7%	-6.9%
USB	2,108	21.98	28.74	1,001	32.9%	12.7%	20.2%
VR	1,925	29.44	32.31	1,689	12.7%	0.7%	12.0%
WBK	489	105.66	109.00	3,636	10.2%	7.9%	2.3%
Total Open				37,504	9.4%	7.7%	1.8%
Closed					11.3%	7.7%	3.6%
Combined					10.4%	7.7%	2.7%
IRR Since 12/31/10					12.0%
2012 Gain					5.6%
Estimated Dividends for Next 12 Months
Stock	Shares	Ann Dividend / Share	Yield	Projected Dividend	Sector	Worth	Anniversary
AZN	424	$ 2.40	5.1%	1,018	Pharma	20,101	1/6
BHK	2,908	$ 0.80	5.9%	2,338	Bond	39,870	7/6
CEL	1,544	$ 2.05	12.8%	3,166	Utility	24,648	6/29
CPL	1,000	$ 1.27	4.3%	1,270	Utility	29,220	9/29
CSCO	1,806	$ 0.24	1.2%	433	Tech	35,975	4/25
CSQ	5,065	$ 0.63	7.1%	3,191	Hybrid	44,980	8/23
DD	500	$ 1.64	3.3%	820	Chemicals	24,710	12/9
ENH-PA	1,000	$ 1.94	7.4%	1,938	Bond	26,150	1/17
FCX	503	$ 1.00	2.3%	503	Basic Resources	21,675	11/28
GCAP	3,000	$ 0.20	3.1%	600	Services	19,110	1/12
HPQ	804	$ 0.48	1.7%	386	Tech	22,610	11/22
INTC	1,271	$ 0.84	3.2%	1,067	Tech	33,516	9/17
JQC	4,483	$ 0.80	9.3%	3,587	Hybrid	38,423	7/8
KMF	1,760	$ 1.60	6.2%	2,816	Pipelines	45,474	9/15
KSW	13,048	$ 0.15	4.5%	1,957	Construction	43,711	5/2
LNC	2,424	$ 0.32	1.4%	776	Insurance	54,540	11/10
MNDO	13,678	$ 0.20	9.1%	2,736	Tech	30,092	2/4
MSFT	947	$ 0.80	2.7%	757	Tech	28,127	12/6
PM	436	$ 3.08	4.1%	1,343	Consumer	32,499	6/7
PRE	505	$ 2.40	3.7%	1,211	Insurance	32,395	9/7
PVD	397	$ 3.70	5.2%	1,470	Finance	28,010	8/5
RTN	458	$ 1.72	3.4%	788	Defense	22,860	7/14
SBS	1,035	$ 2.39	3.9%	2,473	Utility	63,496	5/10
SLF	2,719	$ 0.64	3.1%	1,740	Insurance	55,504	6/29
STD	4,216	$ 0.64	8.3%	2,698	Finance	32,670	12/1
STO	1,000	$ 0.94	3.8%	940	Basic Resources	25,000	11/23
USB	2,108	$ 0.50	1.7%	1,054	Finance	60,597	9/29
VR	1,925	$ 1.00	3.1%	1,925	Insurance	62,197	3/3
WBK	489	$ 8.13	7.5%	3,978	Finance	53,327	11/19
Total			4.9%	48,979
Upcoming Dividends
Stock	Shares	x Date	Div/Share	Est New Shares	Amount
INTC	1,271	2/3/12	$ 0.21	10.0	267
CSQ	5,065	2/8/12	$ 0.05	29.0	266
BHK	2,908	2/8/12	$ 0.07	14.0	195
DD	500	2/10/12	$ 0.41	4.0	205
ENH-PA	1,000	2/11/12	$ 0.48	18.0	484
MSFT	947	2/15/12	$ 0.20	6.0	189
AZN	424	2/15/12	$ 0.85	7.0	361
PRE	505	2/17/12	$ 0.60	4.0	303
SLF	2,719	2/21/12	$ 0.37	49.0	1,006
MNDO	13,678	2/28/12	$ 0.20	1,243.0	2,736
GCAP	3,000	3/7/12	$ 0.24	113.0	720