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.
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.
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||Bank of America Corporation||BAC||1.30%||2.61%||1.04%|
|Health Care||Becton, Dickinson and Company||BDX||1.75%||0.47%||0.25%|
|Health Care||Cardinal Health Inc||CAH||2.46%||0.41%||0.31%|
|Consumer Discretionary||Carnival Corporation||CCL||2.62%||0.50%||0.40%|
|Consumer Staples||CVS Health Corp||CVS||2.12%||0.75%||0.49%|
|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%|
|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%|
|Energy||Magellan Midstream Partners||MMP||4.70%||1.68%||2.41%|
|Consumer Staples||Altria Group Inc||MO||3.68%||3.74%||4.22%|
|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%|
|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%|