Dividend Portfolio at the beginning of 2020

My Current Dividend Portfolio at the beginning of 2020

The goal of my Dividend Portfolio is to generate enough income to completely cover my expenses and achieve financial independence.  This goal is divided further into smaller increment goals such as €100 a month, €500 a month, €1000 a month etc until I eventually reach my goal.

As it stands Last year I earned just over €25 a month on average which may not seem like a lot but I intend on investing €1250 each month this year to help grow this pot over time. Earning over €1250 in Dividends in a Year would be a massive milestone for me as it equates to roughly one weeks wages for me and my wife. So essentially we could take one week off a year if we really wanted to. 🙂

I began this journey around 18 or so months ago and I was investing 100/200 a month and picking companies on the Irish stock market until I came across the dividend growth investor. He began a portfolio where he invests $1000 a month to show how it is possible to make $1000 a month in 10 to 15 years.  At the beginning, I simply followed the selections that were provided, but DGI was also very good in that every decision was explained including figures and the history of the company.

This allowed me to become more comfortable with finding my own strategy. I still follow DGI’s newsletter but |I no longer follow blindly. I now do my own research but sometimes if I am unsure I wait for the newsletter and if the same company appears I feel more confident in investing my money in the company. If anyone is new to Dividend Investing I would highly recommend checking out this blog and signing up to the newsletter.

I have invested €17200 so far in 34 companies as of the 7th Jan 2020. That figure was at €13200 on the 6th Jan, but we recently took the family to Australia for Christmas, which is something I wanted to do for a very long time and when we came home I invested anything I had left over in the POT.

This portfolio is now currently projected to earn $920.83 in dividends this year under the assumption I add nothing more to the pot. That works out at roughly $76 a month which is nearly halfway to my yearly target of €100 on average a month.

My Current Dividend Portfolio weight is divided as follows:

https://www.buymeacoffee.com/dividendtalk
Ticker CompanyMarket Value Portfolio
T AT&T $   2,581.29 11.60%
SKT Tanger Factory Outlet Centers $ 2,233.00 10.03%
MO Altria Group  $       1,813.00 8.15%
IBM IBM  $       1,259.19 5.66%
WEYS Weyco  $       1,241.45 5.58%
PP.co Property patners.co  $       1,200.00 5.39%
UPS United Parcel Service  $       1,072.72 4.82%
LYB LyondellBasell Industries  $          945.00 4.25%
o Reality Income  $          942.50 4.23%
MMM 3M  $          743.20 3.34%
PEP Pepsi  $          591.10 2.66%
SJM J.M. Smucker  $          573.54 2.58%
OMC Omnicom  $          561.44 2.52%
DIS Walt Disney  $          547.75 2.46%
TGT Target  $          501.48 2.25%
SON Sonoco  $          465.87 2.09%
ETN Eaton Corp  $          449.28 2.02%
REE Red Electrica Corp  $          433.92 1.95%
CTBI Community Trust Bancoup  $          413.70 1.86%
KO Coca-cola  $          401.04 1.80%
BTI British American Tobacco  $          379.80 1.71%
WBA Walgreen’s Boots Alliance  $          357.95 1.61%
AOS A.O. Smith  $          329.68 1.48%
CGC Canopy Growth Corpation  $          303.00 1.36%
GL9 Glanbia  $          294.20 1.32%
AMP Ameriprise Financial  $          284.02 1.28%
JNJ Johnson & Johnson  $          269.20 1.21%
VZ Verizon Communications  $          231.68 1.04%
EV Eaton Vance  $          206.05 0.93%
ABBV Abbvie Inc  $          158.72 0.71%
CVS CVS Health  $          153.90 0.69%
AFL Aflac  $          138.75 0.62%
CAH Cardinal Health  $          107.72 0.48%
SBSI Southside Banchares  $             71.14 0.32%

My Expected Dividends are than divided as follows:

Ticker Company Dividends Weight
SKT Tanger Factory Outlet Centers  $               218.68 21.14%
T AT&T  $               140.76 13.60%
MO Altria Group  $               118.40 11.44%
PP.co Property patners.co  $                  60.75 5.87%
IBM IBM  $                  56.52 5.46%
LYB LyondellBasell Industries  $                  48.00 4.64%
UPS United Parcel Service  $                  38.40 3.71%
o Reality Income  $                  35.23 3.41%
WEYS Weyco  $                  32.20 3.11%
BTI British American Tobacco  $                  25.10 2.43%
REE Red Electrica Corp  $                  22.08 2.13%
MMM 3M  $                  21.76 2.10%
SJM J.M. Smucker  $                  20.40 1.97%
OMC Omnicom  $                  19.20 1.86%
PEP Pepsi  $                  17.95 1.73%
TGT Target  $                  17.92 1.73%
ETN Eaton Corp  $                  15.84 1.53%
SON Sonoco  $                  14.76 1.43%
CTBI Community Trust Bancoup  $                  14.40 1.39%
KO Coca-cola  $                  14.04 1.36%
VZ Verizon Communications  $                    9.64 0.93%
DIS Walt Disney  $                    8.80 0.85%
WBA Walgreen’s Boots Alliance  $                    8.80 0.85%
ABBV Abbvie Inc  $                    8.56 0.83%
AMP Ameriprise Financial  $                    7.20 0.70%
JNJ Johnson & Johnson  $                    7.20 0.70%
AOS A.O. Smith  $                    7.04 0.68%
EV Eaton Vance  $                    7.00 0.68%
GL9 Glanbia  $                    4.60 0.44%
CVS CVS Health  $                    4.00 0.39%
CAH Cardinal Health  $                    3.81 0.37%
AFL Aflac  $                    3.12 0.30%
SBSI Southside Banchares  $                    2.48 0.24%
CGC Canopy Growth Corpation  $                         –   0.00%

And finally my Dividend Portfolio by sector is as follows:

Row Labels Sum of Market Value Allocation
Consumer Staples  $                3,214.44 15%
REIT  $                3,175.50 15%
Communication Services  $                2,812.97 13%
Industrials  $                2,594.88 12%
Consumer Discretionary  $                1,610.67 7%
Materials  $                1,410.87 7%
Information Technology  $                1,259.19 6%
Consumer non Durables  $                1,241.45 6%
Real Estate  $                1,200.00 6%
Financials  $                1,113.66 5%
Healthcare  $                   838.64 4%
Beverage  $                   591.10 3%
Utilities  $                   433.92 2%

It has been a mind blowing journey for me to see how fast my dividends and net worth can grow and sometimes I wish someone sat me down in my early 20’s and explained this to me. But as the saying goes..

The best time to start was yesterday and the next best time is now

So there is my current Dividend Portfolio, Quite small at the moment but it is growing steadily and I would love to hear your thoughts on it. What areas do you think I could improve in 2020

Thanks for Reading!

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One comment

I would love to hear your thougths!