With half of 2016 already in the books I thought it would be fun and interesting to see how baby DivHut’s dividend income progress has been moving along. I like to do these baby DivHut updates three or four times a year as not much changes in his portfolio on a month to month basis. I can honestly say that I feel very proud to be able to start a dividend growth portfolio from birth for my son. The real effects of compounding will be very noticeable in an account that was started so early in life. For now baby DivHut’s portfolio is still relatively small in terms of individual holdings with just eight different dividend paying stocks currently. Of course, the number of individual holdings will grow over the years as we add fresh capital to his account and the inevitable stock spin off that will occur as well. With that being said, let’s take a look at baby DivHut’s current holdings, sector allocation and dividend income for the first six months of the year.
|Symbol||Description||Quantity||Cost Basis||Market Value||Cost/Share||Gain or Loss|
|EMR||EMERSON ELEC CO COM||36.7411||$1,908.60||$1,917.89||$51.95||+$9.29
|ITW||ILLINOIS TOOL WKS INC||6.1483||$512.02||$644.40||$83.28||+$132.38
|JNJ||JOHNSON & JOHNSON||8.2498||$824.72||$1,000.62||$99.97||+$175.90
|UL||UNILEVER PLC - ADR||13.0079||$515.10||$624.77||$39.60||+$109.67
|VFC||V F CORP||25.0591||$1,620.53||$1,561.18||$64.67||(-$59.35)
|YUM||YUM! BRANDS INC||14.2503||$1,070.44||$1,190.33||$75.12||+$119.89
Dividend income from baby DivHut’s account totalled $33.95 in June with a six month grand total of $103.04.
|Sector||Sector %||Market Value|
As you can see above, baby DivHut’s portfolio skews heavily towards industrial names. I’ll admit, I jumped on board the sector a little heavily. No doubt, this portfolio is not complete by any means as I am looking to add more diversification from the consumer staples and health sectors. Names that I am considering adding to his portfolio in the coming months/years include, in no particular order, General Mills, Inc. (GIS), Pepsico, Inc. (PEP), The Coca-Cola Company (KO), The Procter & Gamble Company (PG), Colgate-Palmolive Co. (CL), Archer-Daniels-Midland Company (ADM), Becton, Dickinson and Company (BDX), W.W. Grainger, Inc. (GWW) and Kimberly-Clark Corporation (KMB) and more.
What do you think about baby DivHut’s portfolio and sector allocations? Please let me know below.
Disclosure: Long all above