Portfolio Update- Decmeber 2016

Portfolio Update- Decmeber 2016

I am planning to share with you on a monthly basis my dividend growth portfolio. I will update it at the beginning of each month. You can see my portfolio using the menu button. This post will offer a shortlist of the changes in the past month.

Buys

Cardinal Health (CAH)– CAH is a new position. Another part of my plan to hold more healthcare companies. I really like the growth prospects and the fundamentals. The valuation is only fair, but I wanted a small position. The small position will allow me to watch over this company better.

CVS Health Corporation (CVS)– CVS is another new position in my portfolio. I wanted to own this company for very long time. The opportunity I was waiting for finally arrived after a weak report. The company will probably show little or no growth next year, and therefore the valuation has improved.  I have now a small position, which I am ready to enlarge if Mr. Market will give me a chance. Great growth, great fundamentals, and while the yield is low, it has plenty of room to grow.

Medtronic (MDT)– Medtronic is a company that I really like. I analyzed it in Seeking Alpha together with its peers. While it is still a small position, I hope to add some more on dips. I added more to this position. It is a leading company, and I look forward to add more. I added even more to this position in November, and looking forward to add more in December as long as the valuation stays compelling.

Omega Healthcare Investors (OHI)- I took advantage of the major decline in the sotck prices of some REITs. Seeing OHI yielding over 8% convinced me to increase my position. It was acutally my largest buy in November. The more I read about the company, the more confident I become.

Sells

I didn’t sell any stock in November, which is a great sign. It means that there was no dividend cut this month.

However,  I did sell some put options for AT&T (T). If the price goes down to the strike price, I will gladly buy it, if not, I will just enjoy the premiums. Selling puts for stocks I am willing to own, is a great way to get some more income.

Sector Company Ticker Dividend Yield % of portfolio  % of income
Information Technology Apple Inc. AAPL 2.00% 1.61% 0.99%
Health Care Abbott Laboratories ABT 2.70% 1.84% 1.53%
Financials Aflac Incorporated AFL 2.49% 2.60% 1.98%
Financials Ameriprise Financial AMP 2.53% 0.89% 0.69%
Utilities Avista Corp AVA 3.26% 0.87% 0.87%
Financials Bank of America Corporation BAC 1.30% 2.61% 1.04%
Health Care Becton, Dickinson and Company BDX 1.75% 0.47% 0.25%
Energy BP plc BP 6.66% 1.69% 3.46%
Financials Citigroup C 1.07% 1.41% 0.46%
Health Care Cardinal Health Inc CAH 2.46% 0.41% 0.31%
Industrials Caterpillar CAT 3.22% 2.43% 2.40%
Consumer Discretionary Carnival Corporation CCL 2.62% 0.50% 0.40%
Consumer Staples CVS Health Corp CVS 2.12% 0.75% 0.49%
Energy Chevron Corporation CVX 3.73% 2.72% 3.11%
Consumer Discretionary The Walt Disney Company DIS 1.49% 2.96% 1.35%
REIT Digital Realty Trust, Inc DLR 3.74% 2.30% 2.64%
Industrials Emerson Electric Co. EMR 3.34% 2.54% 2.60%
Industrials General Electric Company GE 3.02% 2.69% 2.49%
Consumer Staples General Mills, Inc. GIS 3.04% 1.49% 1.38%
Information Technology Alphabet Inc. GOOG 0.00% 0.74% 0.00%
Information Technology International Business Machines Corporation IBM 3.36% 0.94% 0.97%
Health Care Johnson & Johnson JNJ 2.85% 5.28% 4.61%
Financials JPMorgan Chase JPM 2.25% 2.01% 1.38%
Consumer Staples Kimberly-Clark Corporation KMB 3.21% 1.62% 1.59%
Consumer Staples The Coca-Cola Company KO 3.33% 2.77% 2.82%
Consumer Discretionary McDonald’s Corporation MCD 3.10% 3.42% 3.25%
Health Care Medtronic plc MDT 2.34% 1.38% 0.99%
Industrials 3M Company MMM 2.49% 1.01% 0.77%
Energy Magellan Midstream Partners MMP 4.70% 1.68% 2.41%
Consumer Staples Altria Group Inc MO 3.68% 3.74% 4.22%
Consumer Discretionary Nike NKE 1.39% 0.97% 0.41%
Industrials Norfolk Southern Corporation NSC 2.13% 1.98% 1.29%
REIT Realty Income Corp O 4.36% 1.46% 1.95%
REIT Omega Healthcare Investors Inc OHI 7.97% 3.46% 8.43%
Consumer Staples PepsiCo, Inc PEP 2.91% 3.41% 3.03%
Health Care Pfizer Inc. PFE 3.79% 0.60% 0.69%
Consumer Staples The Procter & Gamble Company PG 3.17% 1.59% 1.54%
Consumer Staples Philip Morris International Inc PM 4.61% 5.09% 7.19%
Information Technology Qualcomm Incorporated QCOM 3.09% 1.29% 1.22%
Consumer Discretionary Royal Caribbean Cruises Ltd RCL 2.23% 0.57% 0.39%
Telecom AT&T Inc T 4.85% 2.66% 3.95%
Consumer Staples Target Corporation TGT 3.10% 2.04% 1.94%
Financials T. Rowe Price Group TROW 2.82% 0.72% 0.62%
Industrials Union Pacific Corporation UNP 2.30% 1.38% 0.98%
Industrials United Technologies Corporation UTX 2.40% 1.03% 0.76%
Information Technology Visa Inc V 0.83% 1.49% 0.38%
Consumer Discretionary V.F. Corporation VFC 2.97% 1.06% 0.97%
Energy Valero Energy Corporation VLO 3.53% 0.64% 0.69%
Telecom Verizon Communications Inc VZ 4.49% 1.16% 1.60%
Utilities Wisconsin Energy Corp WEC 3.64% 1.08% 1.20%
Financials Wells Fargo & Co WFC 2.66% 3.92% 3.20%
Consumer Staples Wal-Mart Stores, Inc WMT 2.85% 1.05% 0.92%
REIT W. P. Carey Inc. WPC 6.65% 1.29% 2.62%
Energy Exxon Mobil Corporation XOM 3.37% 2.51% 2.59%

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