November Dividend Portfolio Review

Written by The Dividend Guy on November 25, 2007

Monthly Dividend Portfolio Review

Well it is almost the end of November and it is time to take a look at my dividend portfolio and discuss how things went this month. Each month I present what my portfolio looks like, including values of each of the securities I hold. In addition, I will report on my asset allocation and sector allocation.

Portfolio Review

The Dividend Guy November Portfolio ReviewClick to Enlarge

A lot of people asked for me to post the template that I have used for this portfolio review. If you would like a copy please email me and I well send it to you.

Notes:
* This was a brutal month for the banking sector, which I have already stated that I am a bit overexposed to. I am comfortable long term with the banking sector (5 years +) so I see this as some short-term pain and have recently entered a buy order to purchase more Citigroup given the recent share price annihilation. I still am focused on bringing my banking exposure down over the next year.

* A couple of stocks did well this month, including Coca-Cola and Procter and Gamble, and even Wal-Mart which has been suffering over the past few years.

* My purchase of a S&P SmallCap 600 Index fund went through bringing my asset allocation in this area in line with my asset allocation goals.

* I have an order in to buy more MSCI International Index fund - this will take place at the end of the month.

Asset Allocation

My asset allocation is presented in the chart below. As just mentioned, I have an order in for more global equities which will bring the global equity discrepancy better inline. I still have too much allocated to Canadian equities right now.

The Dividend Guy November Asset Allocation

Sector Allocation

My sector allocation is still weighted heavily to banking as already discussed. Future purchases of dividend stocks will attempt to bring the other sectors up to help offset this high allocation.

The Dividend Guy November Sector Allocation

I am really hoping that next month is a better month for the market. However, I am an accumulator of wealth so poor market performance like this is ok as I get to reinvest dividends and buy more shares in companies while prices are depressed. In 25 to 30 years when I plan on needing this money, that is when I want share prices to be going through the roof!

(Photo Credit: Woodsy)


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8 Comments so far

  1. moneygardener November 25, 2007 3:21 pm

    Interesting update. You keep similar records to me, and we have similar portfolios.

  2. aarien_kilikina » November Dividend Portfolio Review November 25, 2007 9:41 pm

    […] Check it out! While looking through the blogosphere we stumbled on an interesting post today.Here’s a quick excerpt [IMG Monthly Dividend Portfolio Review] Well it is almost the end of November and it is time to take a look at my dividend portfolio and discuss how things went this month. Each month I present what my portfolio looks like, including values of each of the securities I hold. In addition, I will report on my asset allocation and sector allocation. Portfolio Review [IMG The Dividend Guy November Portfolio Review]Click to Enlarge A lot of people asked for me to post the template that I have […]

  3. Dividends4Life November 26, 2007 7:13 pm

    TDG: I too am overexposed to banks - 16.7% of my income portfolio. However, I am most exposed to real estate (REITS) at 37.7%. Unfourtantly, these two are value has been. I look forward to seeing the sectors rotate.

    Best Wishes,
    D4L

  4. Steve Garris November 26, 2007 8:55 pm

    I very much enjoy your blog…thanks for the hard work as I know this
    is a time consuming effort. As a side note, its very hard not to buy
    some C, BAC, USB and WB and other US banks at the discounts to their
    highs and the darn good dividends they are now paying…even for a
    return in 12 months…much less 36 months. Please send me your
    template per

    “A lot of people asked for me to post the template that I have used
    for this portfolio review. If you would like a copy please email me
    and I well send it to you.”

  5. Paul Nunes November 26, 2007 9:37 pm

    You guys are wrong UNLESS the Fed cuts aggressively; I understand the temptation of over owning banking and other financial service companies but this should be considered a SPECULATIVE investment philosophy. In the banking sector you need to consider the potential writedowns; I think some of the bigger banks (and shareholders should want this) should CUT dividends; issuing equity may be the only other choice which will hurt your bank stock portfolios even more. There are some banks much less exposed to the RMBS CDO problems that others but you will need to spend time and study their filings to separate. When real estate REIT dividend rates are close to 10 year treasuries that is also a danger sign regarding valuations; that issue. What might improve your methodology is to set position limits of 5% and keep sector weightings to no more than 10%. Otherwise you are using dividends to justify a SPECULATIVE strategy. By the way I hope the Fed cuts aggressively;

  6. Paul Nunes November 26, 2007 9:39 pm

    “… danger sign regarding valuations; that issue has been somewhat resolved due to recent sell-off.” sorry for omission.

  7. Matt Babcock November 26, 2007 11:07 pm

    Great blog!

  8. kevin hayden December 4, 2007 9:18 am

    Enjoy the education since I am now unemployed in europe and need to find a passive income with the cash I have left after divorce. My canada life dividend fund is down 13% should I panic?

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