The Dividend Guy’s June Dividend Portfolio Review
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This month has been all about buying some stocks from my Watch List that have shown to be buys within these very tough markets. As a long term dividend investor my goal is to add positions to new stocks or existing holdings on price dips. This month I purchased Johnson & Johnson (JNJ), The McGraw-Hill Companies (MHP), and McDonalds (MCD). Each of these stocks have shown strong fundamentals with a long history of dividend growth.
These stocks do a couple of things for my portfolio. First, they reduce my overweight exposure to the banks. Second, they get me into some additional sectors of the market that are not represented in my portfolio. I like diversification and am comforted by the risk reduction it has on my portfolio. In addition to my stock purchases, I have also added to my positions in the iShares Canadian Real Return Bond Fund (XRB) and the iShares Canadian Short-Term Bond Fund. Again, these purchases are all about getting my asset allocation in line and adding further diversification.
The performance of my portfolio of course is down. I haven’t talked to may investors whose are showing positive gains this year! If you are, then well done and tell me how you did it. Of course, if you tell me you are all in bonds or all in cash then I won’t be as impressed because I am a long-term investor and I expect to see down years like this. Over time I am confident that my portfolio will prevail! My returns year to date is -9.0%, which compared to the S&P 500 is not too bad – the S&P 500 is down -12.9%. If you look at the Dow, that YTD return is -14.5%. Man that really sucks. Patience, Patience, Patience, Patience, Patience, Patience.
My Portfolio
Click to EnlargeMy Asset Allocation
Click to EnlargeMy Sector Allocation
Click to EnlargeThanks again for reading – I appreciate all the support.
4 Comments on this post
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Fred Harris said:
I don’t follow your portfolio listed above. How many shares of the companies do you hold or what your current average price on the stocks? Based on your dividend yields and the values the price per share seems a bit off. For example BAC you show dividend of 44.37 annual which equals 17.33 shares. Is that how many shares you are actually holding? Are you on dividend reinvestment plans with all your companies? Thanks
June 30th, 2008 at 10:45 am -
Assetologist said:
Nice Asset Allocation.
There certainly seem to be a number of ‘buys’ right now for those with a long-term (10-20+ years).My alert/watch list has alarmed on many solid dividend stocks in the last few days.
I believe you must be buying through Canadian ShareOwner in order to own shares with decimal places. CSO is a fantastic option for regular investing and one many Canadian investors should explore.
Good Luck.
June 30th, 2008 at 2:26 pm -
Bob said:
I’m up a whole $18.48, but up is up.
Hopefully I can add to my over 1600 shares in the 17 companies I own stock in at a discount.
Dividends at $896 a year at this point.
Hopefully in the next 20 years I can turn this into a nice passive income with the dividends.July 2nd, 2008 at 1:26 am
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