HohumYNWA's Dividend basket 2026

Investment Analysis Clubs Hohum's RollerCoaster Ride
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Well, almost the end of the month, and <decisions, decisions> jumbled the 2026 basket. Then, I decided on this workaround option - A primary basket, and a follow-along basket.

Primary basket:

  • QCOM (17.52%)
  • over 10%: FLNG, INSW, BWLP (new), TRMD,
  • over 5% : YMAG, QYLD, TGT, GLNG,
  • less than 5%: GPTY, RWTO (4.07%)

Follow-along basket:

BWLP (old), HRL, NAT (has exited. But, could make a return), HAFN, NVDY

It was a combination of factors that created this scenario.

  • Not saying I won’t add to the existing positions in the primary basket. But, unlike 2025, when I tinkered with many of the names, less mess. This version allows me to place idea repurchases in the follow-along basket.
  • With the strong sense that BWLP will be pruned during the year, I opted to separate the taxable ac BWLP shares into two flavors (one for each basket)
  • New dividend ideas that I find appealing and get purchased will show up in the follow-along basket
  • The four shipping ideas in the Primary basket have experienced some run-up in 2026 YTD. The four are still significant - 44% of the total (edit: Primary basket, not total). But overweight vs majority are two different things. If the situation shows up in the follow-along basket? Well, that basket is more transitionary or fluid.
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Have not completely forgotten this basket. The shipping ideas in the core basket make sure I am reminded about the dividend side. A couple of ideas reported their results this past week - FLNG and RWT (sponsor of RWTO).
FLNG closed out Q4 2025 reasonably well. But some risk added for 2026 - another vessel rolled off charter, and thus trades in the bouncier spot market. RWT results were quite positive, and that was a two-fer plus, well … until 02/13/26. Around the time of my initial interest in RWTO, I had nibbled on RWT (trading below book at the time). Shares bounced on this week’s results, and I booked my gains on RWT. Shares still trade below book value. But the discount has narrowed.
RWT awakened my thoughts on another mREIT idea I owned - UWMC. Major development occurred with that name in Dec 2025, that might offer opportunities in different avenues.
UWM Holdings agrees to acquire Two Harbors in $1.3B all-stock deal (UWMC:NYSE) | Seeking Alpha

There’s UWMC or TWO. And TWO has a baby bond and several preferred share options. Again, some choices with, essentially one name.