It has been a while since I updated the status of the income we are receiving from our investments inside our non-registered account. Recently I have suffered three dividend cuts within our portfolio. General Electric (GE), Bank of America (BAC), and Husky Energy (HSE) all cut their dividends significantly, and I continue to hold all three stocks because I still believe these companies will prosper long term.
Procter & Gamble (PG), Johnson & Johnson (JNJ), Fortis (FTS), Diageo (DEO), Sysco (SYY), and Telus (T.A) have all raised their dividends recently. I expect Clorox (CLX), and Walgreen (WAG) to increase their dividend over the next few months.
Since Lehman Brothers failed in September of 2008 and the stock market fell off of a cliff, I have poured a significant amount of capital into our portfolio. In summary our income from investments is now sitting at $3,258 which is roughly 56% higher than we were earning pre-Lehman failure. During the same time frame our portfolio is up about 42%.
Our portfolio is currently yielding 5.5% and has a yield on cost of 4.2%. 9% of our portfolio is tied up in dividend re-investment plans.