Another Month in the Books

Wow, it has been more than a month since I posted and Blogger has a whole new look.  Not sure if I like it.  Let me catch people up on how things are going.

1. My dividend portfolio continues to do pretty well. I am up 10.7% on the year, hard to complain about that.
2. My broader portfolio is up 8.6%.  I was clearly hurt by the recent Genworth debacle.  They announced their Australian IPO was going to be on hold due to losses.  Their CEO stepped down, and Marty Klein (a guy I worked with in my first job out of college is the interim CEO). Marty is a VERY smart guy, so hopefully he can turn the ship around. I also asked some friends of mine in Australia what is going on in the housing market down there. They were a bit surprised at GNW's problems and said that other companies were doing ok.
3. I have kind of stopped tracking MFI.  I still have my MFI Index, which is up 7.4% on the year.  But I have stopped my mechanical portfolios and my monthly tracking portfolios.  They take a lot of time and I didn't think anyone cared.

I did buy back into AAPL at $557. I should have sold them right after earnings, when they spiked sharply.

My latest big buy on the dividend side is Vivendi, a French conglomerate that pays about an 8% dividend and was bought by Seth Klarman.  Here is the link (Seth Klarman's Vivendi Investment Is a No Brainer).

I also sold CEL and RTN.  Finally, I added to my MPC position as I thought they had a great quarter and they are talking about spinning off their pipelines (Marathon Petroleum may consider IPO of pipeline assets) into an MLP.  I think that portion is way under-valued and that move may unlock that value.

Other major news in my stocks, PRE had a great quarter PartnerRe Swings to YoY Profit.  It is my single largest dividend stock, so I have enjoyed a nice run-up.

WBK seemed to have pretty decent earnings.  I think they have announced their May dividend, but I can not seem to find the amount.  I sent an email to investor relations.

STD is struggling, it looks like first instinct to sell them back at end of January was right... too bad I bought them back.  The good news is they are changing their ticker from STD to SAN!

Current Portfolio
Stock	Shares	Avg Cost	Current Price	Dividends Received	Pct Change	R3K Change	Diff
BHK	2,950	12.56	13.80	1,870	14.9%	2.2%	12.7%
CPL	1,031	22.84	27.48	877	24.1%	17.9%	6.2%
CSCO	2,315	17.52	19.12	488	10.3%	3.0%	7.3%
CSQ	5,175	8.19	9.71	2,273	23.9%	18.0%	5.9%
ENH-PA	1,000	26.12	26.86	484	4.7%	5.2%	-0.5%
FCX	1,011	37.59	36.40	436	-2.0%	6.6%	-8.6%
HFC	1,047	33.88	29.51	361	-11.9%	-0.8%	-11.1%
INTC	1,280	19.63	27.90	1,000	46.1%	19.7%	26.4%
JQC	4,616	8.85	9.28	2,802	11.7%	4.7%	7.0%
KMF	1,787	21.77	27.31	2,078	30.8%	14.2%	16.6%
KSW	13,048	3.76	3.85	4,023	10.6%	17.6%	-7.0%
LNC	2,433	24.32	23.11	593	-4.0%	12.1%	-16.1%
MPC	569	43.92	39.74	-	-9.5%	0.2%	-9.7%
MSFT	953	26.79	30.98	805	18.8%	11.5%	7.3%
NSU	5,200	5.33	3.42	-	-35.8%	1.7%	-37.5%
O	540	18.70	39.29	6,810	177.5%	64.9%	112.6%
OIBAX	3,801	4.88	6.39	6,114	63.8%	63.6%	0.2%
PM	440	46.00	89.13	2,283	105.0%	27.2%	77.8%
PRE	1,014	61.78	72.81	923	19.3%	6.8%	12.6%
PVD	397	63.26	81.42	698	31.5%	14.7%	16.8%
SAI	3,886	13.07	11.52	355	-11.1%	-2.8%	-8.3%
SBS	867	41.12	77.59	4,441	101.2%	18.7%	82.5%
STD	5,657	7.67	6.17	1,250	-16.6%	0.3%	-16.9%
STO	1,000	23.86	25.71	-	7.8%	16.2%	-8.4%
USB	1,913	21.82	31.67	1,294	48.2%	18.5%	29.7%
VIVHY	2,600	17.08	17.07	-	-0.1%	-1.3%	1.3%
WBK	489	105.66	115.49	3,636	16.3%	12.2%	4.1%
XOM	221	52.37	84.57	958	69.8%	18.2%	51.6%
Total Open				46,854	18.3%	10.8%	7.4%
Closed					7.8%	7.9%	-0.1%
Combined					12.2%	9.1%	3.0%
IRR Since 12/31/10					13.4%
2012 Gain					10.7%

Estimated Dividends for Next 12 Months
Stock	Shares	Ann Dividend / Share	Yield	Projected Dividend	Sector	Worth
BHK	2,950	$    0.80	5.8%	2,372	Bond	40,716
CPL	1,031	$    1.76	6.4%	1,815	Utility	28,335
CSCO	2,315	$    0.32	1.7%	741	Tech	44,268
CSQ	5,175	$    0.84	8.7%	4,347	Hybrid	50,254
ENH-PA	1,000	$    1.94	7.2%	1,938	Bond	26,860
FCX	1,011	$    1.24	3.4%	1,254	Basic Resources	36,802
HFC	1,047	$    0.90	3.0%	942	Basic Resources	30,892
INTC	1,280	$    0.84	3.0%	1,076	Tech	35,724
JQC	4,616	$    0.80	8.6%	3,693	Hybrid	42,840
KMF	1,787	$    1.70	6.2%	3,038	Pipelines	48,808
KSW	13,048	$    0.15	3.9%	1,957	Construction	50,235
LNC	2,433	$    0.32	1.4%	778	Insurance	56,218
MPC	569	$    1.00	2.5%	569	Basic Resources	22,612
MSFT	953	$    0.80	2.6%	762	Tech	29,514
NSU	5,200	$    0.10	2.9%	520	Basic Resources	17,784
O	540	$    1.72	4.4%	929	Services	21,220
OIBAX	3,801	$    0.34	5.3%	1,289	Bond	24,288
PM	440	$    3.08	3.5%	1,355	Consumer	39,209
PRE	1,014	$    2.56	3.5%	2,597	Insurance	73,853
PVD	397	$    3.70	4.5%	1,470	Finance	32,348
SAI	3,886	$    0.48	4.2%	1,865	Services	44,769
SBS	867	$    3.03	3.9%	2,626	Utility	67,252
STD	5,657	$    0.64	10.4%	3,621	Finance	34,907
STO	1,000	$    0.94	3.7%	940	Basic Resources	25,710
USB	1,913	$    0.78	2.5%	1,492	Finance	60,599
VIVHY	2,600	$    1.30	7.6%	3,380	Consumer	44,382
WBK	489	$    8.13	7.0%	3,978	Finance	56,503
XOM	221	$    2.28	2.7%	504	Basic Resources	18,690
Total			4.7%	51,848		########
Upcoming Dividends
Stock	Shares	x Date	Div/Share	Est New Shares	Amount
INTC	1,280	5/3/12	$      0.21	9.0	269
VIVHY	2,600	5/5/12	$      1.30	198.0	3,380
CSQ	5,175	5/8/12	$      0.07	37.0	362
XOM	221	5/8/12	$      0.57	1.0	126
WBK	489	5/9/12	$      4.13	17.0	2,021
BHK	2,950	5/13/12	$      0.07	14.0	198
MPC	569	5/14/12	$      0.25	5.0	142
MSFT	953	5/14/12	$      0.20	6.0	191
PRE	1,014	5/15/12	$      0.62	8.0	629
JQC	4,616	5/15/12	$      0.07	33.0	309
PVD	397	5/17/12	$      1.80	8.0	715