- ESV: 9.96 shares @ $50.09 --- Yield 5.99%
- KMI: 14.92 shares @ $33.40 --- Yield 5.03%
- BP: 10.14 shares @ $49.20 --- Yield 4.63%
- PAYX: 12.15 shares @ $41.05 --- Yield 3.41%
Total capital invested is $2000.00 dividend equally amongst each company. The combined yield is 4.77% and will increase my yearly dividends by $95.30.
While one of my goals is creating a diversified portfolio, my primary goal is to finish the year with $14,500.00 in forward passive income. I currently am not on schedule.
For the remainder of this year I will try to increase my yearly dividends by $100.00 per week. This is an ambitious goal and will require savings rates approaching 80%. This will require a major sacrifice for the balance of this year, but I am highly confident in the long term results that will follow.
Going forward I will focus on more high yield companies in the following sectors---pharma, oil, tobacco, utilities, and telecom. Hopefully the market retreats some this year and I receive decent increases in my current holdings.