Every quarter I like to review baby DivHut’s portfolio and dividend income. With the second quarter of 2017 already in the books it’s time to see how his portfolio has fared. Generally speaking there is not much change in his portfolio on a month to month basis as fresh capital is not always available to make trades for him every month. Still, with dividend reinvestments, stock spin offs and a small buy I made, his portfolio continued to grow in size from last quarter. Of course, the aim of his portfolio is not necessarily to achieve capital appreciation rather dividend growth with the ability to generate an ever increasing passive income stream. With that being said, let me point out one change to his portfolio from last quarter which was a single purchase of General Mills, Inc. (GIS) in early April. Still, with one small buy, his portfolio value continued to increase and his dividend income stream grew as well which is on track to surpass the 2016 total. Simply staying the course and reinvesting dividends has helped push that little snowball along.
Let’s take a look at baby DivHut’s current holdings, sector allocation and dividend income for Q2 2017.
|Symbol||Description||Quantity||Cost Basis||Market Value||Cost/Share||Gain or Loss|
|EMR||EMERSON ELEC CO COM||37.9863||$1,979.87||$2,259.05||$52.12||+$279.18
|GIS||GENERAL MLS INC COM||6.0323||$355.59||$323.51||$58.95||(-$32.08)
|ITW||ILLINOIS TOOL WKS INC||6.2776||$527.52||$916.91||$84.03||+$389.39
|JNJ||JOHNSON & JOHNSON||8.4708||$851.72||$1,122.72||$100.55||+$271.00
|PG||PROCTER & GAMBLE CO||2.0160||$183.88||$176.70||$91.21||(-$7.18)
|UL||UNILEVER PLC - ADR||13.3978||$533.72||$719.73||$39.84||+$186.01
|VFC||V F CORP||29.8870||$1,877.65||$1,694.59||$62.82||(-$183.06)
|YUM||YUM! BRANDS INC||14.5750||$768.33||$1,071.12||$52.72||+$302.79
|YUMC||YUM CHINA HLDGS INC COM||14.3245||$324.66||$534.59||$22.66||+$209.93
Total Investment Balance $11,269.79
Gain or Loss $2,168.90
Q2 dividend income: $70.09
Year to date dividend income: $136.27 which is on track to surpass his 2016 total.
|Sector||Sector %||Market Value|
Looking at his sector allocation above I know I’d like to boost his healthcare holdings and may initiate several new positions as I have done recently in the pharama/biotech space. I know there are still gaping holes in his overall portfolio such as no finance, tech, energy, utilities or hyper growth companies listed. I’m sure that will change over time. My main goal with his portfolio, at this stage, is to set up a very strong base of “boring” stable companies and later add some “flashier” names into the mix. There are still many more consumer staples I’d like to add and even a utility or two before that will happen. Baby DivHut is only two and at this point I’m very satisfied with the progress made so far.
What do you think about baby DivHut’s portfolio and sector allocations? I would appreciate any suggestions for potential stock picks as well. Please let me know below.
Disclosure: Long all above