June 2018 Dividend Portfolio Report

This is my June 2018 Dividend investment portfolio report.

At the beginning of June I made the decision to move the focus of my portfolio, from funds to dividend generating investments. The funds I had invested in were growing but they all had fees that ate into growth.

Investment Sells

To begin the change I identified all the funds in my portfolio that didn’t provide a cash dividend. Once these were identified I instructed my broker to sell these positions. I sold my investments in the following funds.

  • iShares Emerging Markets
  • Fidelity Moneybuilder Income
  • Legal & General International Index Trust

I also sold all of my holdings in a fund that did provide a monthly cash income. But this fund had high levels of fees attached to it. H&L Multi-Manager Income & Growth.

Investment Buys

With all funds converted to cash I started research into what to move it into. I began with generating a list of companies that big investors that I trust have investments in. The three I chose were Berkshire Hathaway’s list of investments. The Fool 100 list of investments. The Dividend Aristocrats list of companies that have paid a dividend for the past 25 years.

Now with this long list of companies. I first removed any duplicates from it. Then I removed any companies that do no pay a dividend or if they did pay a dividend it was below 1.2%. This reduced my list from 168 companies to 94.  The next stage was to remove any small companies, any under $50b market cap were removed. This reduced the list from 94 down to 32. Next stage was to look at PE rates and EPS. This reduced me to 19 companies from which I chose four to invest in.

The companies I chose to invest in were

  • Intel Corporation (INTC)
  • Microsoft Corporation (MSFT)
  • Bank of America (BAC)
  • Apple Inc (AAPL)

Along with individual companies I decided to diversify a portion of my portfolio into index trackers. I looked a many index tracking options of which Vanguard offerings came out on top. Vanguard ETF’s (Exchange Traded Funds) track complete index’s and have a tiny fee.

I invested in two ETF’s this month they were.

  • Vanguard S&P 500 (VUSA)
  • Vanguard FTSE 100 (VUKE)

This concludes my sells buys for June 2018

 

June 2018 Dividend stats

  • Fund Value: £54,677 to £55,299 an increase of £622
    • June 2018 Dividend - Fund Total

      June 2018 Dividend – Fund Total

  • Dividends: £3.29
  • Current 2018 Dividends: £24.77
    • June 2018 Dividend - Yearly Income

      June 2018 Dividend – Yearly Income

  • Current 2018 weekly average £0.48

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