Tuesday, July 1, 2014

Dividends & Income Updated 2014 Model Portfolio

Today Rayonier, symbol RYN, a most recent Dividend Machine, completed their spin off of Rayonier Advanced Materials, symbol RYAM.

For every 100 shares of RYN owned, you received 33 shares of RYAM.  I profiled RYN on June 6th (http://www.themoneymadam.com/2014/06/nervous-income-investor-trade-ip-and-ryn.html)and I personally bought on June 6th.    I did not include this event in my analysis because I try to keep my posts limited to applying my Dividend Machine strategy's four stock picking criteria.

When events like this occur in the model portfolios I publish on this blog,  I keep both the original stock and the spin off.   The effect of this RYN spin off on the 2014 Dividend Machine model portfolio is presented in the table below. 

Personally, I find the comparative analysis of VIG, SDY, and 2014 DM's more interesting and I think I am going to write up that analysis.