Hi all,
On November 22, 2022, I created a model High Yield portfolio where the only selection criteria was a current yield in excess of 5%. In the 3 months since, the port has seen VFC reduce it’s dividend by about 40% And, HCSG suspended it’s dividend entirely.
High Yield Port | Dividend | Annual | Current | Value | Value | Dividend | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Price | Invested | When | Dividend | Current | Current | Annual | Current | Change | Change | Change | ||
Ticker | Shares | Paid | Amount | Purchased | Purchased | Quote | Dividend | Dividend | Value | Dollars | % | $ |
BEN | 465 | $21.52 | $10,007 | $1.16 | $539.40 | $31.33 | $1.20 | $558.00 | $14,568 | $4,562 | 45.6% | $18.60 |
DOW | 228 | $43.93 | $10,016 | $2.80 | $638.40 | $58.13 | $2.80 | $638.40 | $13,254 | $3,238 | 32.3% | $- |
HCSG | 827 | $12.09 | $9,998 | $0.86 | $707.25 | $14.33 | $0.00 | $0.33 | $11,851 | $1,852 | 18.5% | $(706.92) |
IBM | 84 | $118.81 | $9,980 | $6.60 | $554.40 | $135.02 | $6.60 | $554.40 | $11,342 | $1,362 | 13.6% | $- |
INTC | 388 | $25.77 | $9,999 | $1.46 | $566.48 | $27.61 | $1.46 | $566.48 | $10,713 | $714 | 7.1% | $- |
LEG | 301 | $33.22 | $9,999 | $1.76 | $529.76 | $34.62 | $1.76 | $529.76 | $10,421 | $421 | 4.2% | $- |
MED | 92 | $108.36 | $9,969 | $6.56 | $603.52 | $115.31 | $6.56 | $603.52 | $10,609 | $639 | 6.4% | $- |
MMM | 90 | $110.50 | $9,945 | $5.96 | $536.40 | $112.99 | $6.00 | $540.00 | $10,169 | $224 | 2.3% | $3.60 |
PETS | 512 | $19.52 | $9,994 | $1.20 | $614.40 | $19.95 | $1.20 | $614.40 | $10,214 | $220 | 2.2% | $- |
PRU | 117 | $85.78 | $10,036 | $4.80 | $561.60 | $101.53 | $5.00 | $585.00 | $11,879 | $1,843 | 18.4% | $23.40 |
SMG | 234 | $42.75 | $10,004 | $2.64 | $617.76 | $85.96 | $2.64 | $617.76 | $20,115 | $10,111 | 101.1% | $- |
T | 652 | $15.34 | $10,002 | $1.11 | $723.72 | $19.44 | $1.11 | $723.72 | $12,675 | $2,673 | 26.7% | $- |
VFC | 334 | $29.91 | $9,990 | $2.00 | $668.00 | $26.99 | $1.20 | $400.80 | $9,015 | $(975) | -9.8% | $(267.20) |
VTRS | 1174 | $8.52 | $10,002 | $0.48 | $563.52 | $11.69 | $0.48 | $563.52 | $13,724 | $3,722 | 37.2% | $- |
VZ | 263 | $37.97 | $9,986 | $2.61 | $686.43 | $40.22 | $2.61 | $686.43 | $10,578 | $592 | 5.9% | $- |
WHR | 72 | $134.81 | $10,000 | $7.00 | $504.00 | $145.00 | $7.00 | $504.00 | $10,440 | $440 | 4.4% | $- |
WU | 741 | $13.50 | $10,004 | $0.94 | $696.54 | $13.83 | $0.94 | $696.54 | $10,248 | $245 | 2.4% | $- |
Totals | $169,931 | $10,312 | $9,383 | $201,813 | $31,882 | 18.8% | $(929) | |||||
Yield = | 6.07% | 4.65% |
As a result, the calculated annual dividend has decreased to $9,383 from $10,312. Or about 9.9%.
However, the ports value has still increased by $31,882. About 18.8% increase.
Rich