Portfolio Update- November 2016

Portfolio Update- November 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

Magellan Midstream Partners (MMP)– I bought more shares of this fantastic MLP. The company just raised its dividend by 1.9%. As Brad Thomas says, the safest dividend is the one that was just raised. With dividend yield close to 5%, fair leverage and sustainable payout ratio, it is a great choice in the sector.

Nike (NKE)– Nike is a new position in my portfolio. I wanted to own this company for very long time. As it reached the lower 50s, I decided to pull the trigger. 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.

United Technologies (UTX)– Just like I did with Medtronic, I took advantage of an opportunity, and bought some more. I would like UTX to be a much larger holding in my portfolio, as it is one of the leaders of its sector. I believe that less than $100 is a good price for long term investors.

Sells

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

However,  I did sell some put options for Wells Fargo (WFC), Starbucks (SBUX) and Citigroup (C). If the price goes down to the strike price, I will gladly buy it, if not, I will just enjoy the premiums.

Sector Company Ticker Dividend Yield % of portfolio % of income
Information Technology Apple Inc. AAPL 1.99% 1.77% 1.05%
Health Care Abbott Laboratories ABT 2.58% 2.07% 1.60%
Financials Aflac Incorporated AFL 2.45% 2.89% 2.12%
Financials Ameriprise Financial AMP 3.30% 0.75% 0.74%
Utilities Avista Corp AVA 3.41% 0.91% 0.93%
Financials Bank of America Corporation BAC 1.77% 2.09% 1.11%
Health Care Becton, Dickinson and Company BDX 1.58% 0.52% 0.24%
Energy BP plc BP 6.67% 1.85% 3.69%
Financials Citigroup C 1.29% 1.27% 0.49%
Industrials Caterpillar CAT 3.71% 2.31% 2.56%
Consumer Discretionary Carnival Corporation CCL 3.01% 0.48% 0.43%
Energy Chevron Corporation CVX 4.32% 2.57% 3.33%
Consumer Discretionary The Walt Disney Company DIS 1.51% 2.90% 1.31%
REIT Digital Realty Trust, Inc DLR 3.83% 2.46% 2.82%
Industrials Emerson Electric Co. EMR 3.85% 2.41% 2.78%
Industrials General Electric Company GE 3.21% 2.65% 2.55%
Consumer Staples General Mills, Inc. GIS 3.16% 1.56% 1.48%
Information Technology Alphabet Inc. GOOG 0.00% 0.82% 0.00%
Information Technology International Business Machines Corporation IBM 3.65% 0.95% 1.03%
Health Care Johnson & Johnson JNJ 2.77% 5.95% 4.93%
Financials JPMorgan Chase JPM 2.77% 1.78% 1.48%
Consumer Staples Kimberly-Clark Corporation KMB 3.23% 1.76% 1.70%
Consumer Staples The Coca-Cola Company KO 3.32% 3.03% 3.02%
Consumer Discretionary McDonald’s Corporation MCD 3.35% 3.46% 3.47%
Health Care Medtronic plc MDT 2.12% 1.25% 0.79%
Industrials 3M Company MMM 2.68% 1.02% 0.82%
Energy Magellan Midstream Partners MMP 4.91% 1.75% 2.58%
Consumer Staples Altria Group Inc MO 3.79% 3.98% 4.51%
Consumer Discretionary Nike NKE 1.23% 1.07% 0.39%
Industrials Norfolk Southern Corporation NSC 2.58% 1.79% 1.38%
REIT Realty Income Corp O 4.10% 1.70% 2.09%
REIT Omega Healthcare Investors Inc OHI 7.87% 1.60% 3.76%
Consumer Staples PepsiCo, Inc PEP 2.82% 3.84% 3.24%
Health Care Pfizer Inc. PFE 3.69% 0.67% 0.74%
Consumer Staples The Procter & Gamble Company PG 3.09% 1.78% 1.65%
Consumer Staples Philip Morris International Inc PM 4.34% 5.91% 7.68%
Information Technology Qualcomm Incorporated QCOM 3.02% 1.44% 1.31%
Consumer Discretionary Royal Caribbean Cruises Ltd RCL 2.82% 0.49% 0.41%
Telecom AT&T Inc T 5.37% 2.63% 4.22%
Consumer Staples Target Corporation TGT 3.55% 1.95% 2.07%
Financials T. Rowe Price Group TROW 3.38% 0.66% 0.67%
Industrials Union Pacific Corporation UNP 2.48% 1.28% 0.95%
Industrials United Technologies Corporation UTX 2.64% 1.03% 0.81%
Information Technology Visa Inc V 0.81% 1.69% 0.41%
Consumer Discretionary V.F. Corporation VFC 3.09% 1.12% 1.03%
Energy Valero Energy Corporation VLO 4.08% 0.61% 0.74%
Telecom Verizon Communications Inc VZ 4.76% 1.20% 1.71%
Utilities Wisconsin Energy Corp WEC 3.40% 1.20% 1.22%
Financials Wells Fargo & Co WFC 3.28% 3.49% 3.42%
Consumer Staples Wal-Mart Stores, Inc WMT 2.86% 1.15% 0.99%
REIT W. P. Carey Inc. WPC 6.57% 1.42% 2.79%
Energy Exxon Mobil Corporation XOM 3.45% 2.68% 2.77%

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