High Dividend Champion Portfolio – June Update

The High Yield Dividend Champion Portfolio is a publicly tracked stock portfolio on Scott’s Investments. The goal is to capture quality high yield stocks with a history of raising dividends.

The screening process for this portfolio starts with the “Dividend Champions” as compiled by DRIP Investing. Sadly, the curator of the list at DRIP Investing, David Fish, passed away last month. Tributes on Seeking Alpha are available here and here. The list has been an invaluable free resource for investors and his generosity is greatly appreciated.

In the interim, a SA author has decided to continue tracking and updating the list. The list is comprised of stocks that have increased their dividend payout for at least 25 consecutive years. Stocks are then ranked on yield, P/E and 3-year dividend growth rate and assigned an overall rank.

Stocks are sold on the re-balance date (generally around the 5th of the month) when they drop out of the top 15 (to limit turnover) and are replaced with the next highest rated stock.

The top 25 stocks are below and displayed in order of their overall ranking (figures are from the end of April, “999” indicates a N/A value):

Name Symbol Yield P/E
Altria Group Inc. MO 5.01 14.57
Tanger Factory Outlet Centers SKT 6.45 28.95
PepsiCo Inc. PEP 3.7 19.57
Target Corp. TGT 3.26 16.11
Pentair Ltd. PNR 3.2 14.18
Kimberly-Clark Corp. KMB 3.95 19.84
Consolidated Edison ED 3.81 3.41
AT&T Inc. T 6.14 19.4
Black Hills Corp. BKH 3.36 5.54
Leggett & Platt Inc. LEG 3.63 17.1
Universal Corp. UVV 4.52 18.65
Procter & Gamble Co. PG 3.85 17.65
Franklin Resources BEN 2.71 10.76
Meredith Corp. MDP 4.47 348.43
Old Republic International ORI 3.72 12.05
Realty Income Corp. O 4.98 47.23
ExxonMobil Corp. XOM 4.04 24.09
National Retail Properties NNN 4.62 31.14
People’s United Financial PBCT 3.74 17.98
Archer Daniels Midland ADM 3.03 22.69
National Fuel Gas NFG 3.16 8.87
United Bankshares Inc. UBSI 3.68 18.21
Federal Realty Inv. Trust FRT 3.38 41.11
Coca-Cola Company KO 3.6 37.37
Genuine Parts Co. GPC 3.09 20.08

There is turnover in one position this month. UHT was sold for a capital gain of 5.21% and original purchase date of 4/6/2018. The proceeds were used to purchase PepsiCo (PEP).

The current portfolio is below:

Position Shares Average Purchase Price Initial Purchase Date Cost Basis Current Value Percentage Gain/Loss Excluding Dividends Current Yield Current Allocation
MDP 514 56.05 2/6/2018 $28,809.70 $25,597.20 -11.15% 4.38% 8.52%
KMB 246 115.49 10/9/2017 $28,410.54 $25,404.42 -10.58% 3.87% 8.45%
ORI 1145 16.22 4/4/2014 $18,571.90 $24,617.50 32.55% 3.63% 8.19%
PEP 291 102.49 6/8/2018 $29,824.59 $29,824.59 0.00% 3.62% 9.92%
TGT 391 68.65 6/3/2016 $26,842.15 $30,505.82 13.65% 3.18% 10.15%
MO 400 58.14 1/7/2016 $23,256.00 $23,084.00 -0.74% 4.85% 7.68%
SKT 1400 21.11 5/7/2018 $29,554.00 $31,374.00 6.16% 6.25% 10.44%
ED 385 75.31 3/8/2018 $28,994.35 $28,008.75 -3.40% 3.93% 9.32%
BKH 557 51.75 2/6/2018 $28,824.75 $31,225.42 8.33% 3.39% 10.39%
T 650 38.13 3/7/2016 $24,784.50 $21,989.50 -11.28% 5.91% 7.32%
Cash       Cash $28,940.56     9.63%

Disclosure: None.

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