My Dividend Portfolio: Q1 2016

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Includes: BP, CLB, CME, GILD, MA, MELI, PII, RMD, V, VWO, VZ, WAB
by: Integrator

Summary

My 2016 dividend portfolio has a slightly different look to it compared to this time last year.

In the year to date, I have received approximately $2,419 in dividends.

I'm moving away from individual dividend stock purchases toward consistent accumulation of 30 dividend stocks.

It's that time of year again! Q1 2016 dividends are in! This update summarizes portfolio progress year to date for 2016.

My 2016 dividend portfolio has a slightly different look to it compared to this time last year. This was largely as a result of some of the capital in my US dividend portfolio being diverted to faster growth companies. Nevertheless, still a healthy return overall in Q1, driven largely by my Australian dividend positions.

2016 Dividend Income received

In the year to date, I have received approximately $2,419 in dividends. This was primarily from my Australian positions ($1,581), with the rest ($829) coming from my US positions.

US Positions

Mastercard (NYSE:MA) - $38.95

Visa (NYSE:V)- $31.64

BP (NYSE:BP) - $190.00

Verizon (NYSE:VZ) - $164.00

Chicago Mercantile Exchange (NASDAQ:CME) - $290

Core Labs (NYSE:CLB) - $22.00

Mercadolibre (NASDAQ:MELI) - $4.22

Resmed (NYSE:RMD)- 21.00

Wabtech (NYSE:WAB)- 6.40

Polaris (NYSE:PII)- 36.30

VWO (NYSEARCA:VWO) -2.00

Gilead (NASDAQ:GILD)- 22.79

"30 Stocks Accumulation" - $60

Australian Positions

Commonwealth Bank - $950

Energy Action - $440

Iress - $112

Real Estate Australia Ltd. - $79

Observations

My Q1 2016 dividend income has a different look to it than in previous years. As I've flagged here before, I'm moving away from individual dividend stock purchases toward consistent accumulation of 30 dividend stocks. The money that was in some of the other individual dividend names like McCormick (NYSE:MKC) and Cisco (NASDAQ:CSCO) and Western Union (NYSE:WU) has been reallocated toward some growth names like Starbucks (NASDAQ:SBUX) (which you will start to see coming through in future dividend reports).

I believe I've selected top shelf, best of breed for my 30-stock accumulation. The positions that didn't make it in to my 30-stocks list I've chosen to discard, as frankly, why should I hold onto positions that aren't in my list of best 30! Hence some of my former holdings like Cisco, Western Union and McDonald's (NYSE:MCD) have been discarded. BP, Verizon and CME were exceptions because they just provide such a large chunk of dividend income, that it was difficult for me to let go of these holdings.

At this present time, the volume of income from my 30-stock accumulation is pretty small, but it's providing me with close to $300 of forward dividend income for 2016. I expect this should increase to close to $700 of forward dividend income for 2017, which will start to be more meaningful. What you see in my US portfolio is largely a result of some big holdings in some high yielders (Verizon, BP and CME), and a clutch of dividends from other positions that I mainly have for growth. It should be said that the fact that these growth names pay a dividend at all is purely incidental. I'm holding these positions for the prospect of large capital returns.

Dividend income from my Australian portfolio was down versus Q1 2015. This is a bit misleading however, as a number of my more substantial dividend payers in Australia happened to pay out their dividends into Q2 for 2016, compared with Q1 2015 last year. As a result, I'm already expecting a massive, bumper Q2 dividend income report to share.