My Dividend Growth Portfolio August Update: I Sold Some Apple, Here's What I Bought Instead

Sep. 09, 2022 10:59 AM ETAAPL, BLK, CME, ICE, FBIN4 Comments
Wyo Investments profile picture
Wyo Investments
2.43K Followers

Summary

  • I was called out of most of my Apple last month and replaced it with four companies, BLK, CME, ICE, and FBHS.
  • Dividend income for 2022 is forecast at $15,383, a 12.6% increase over last year and well ahead of my 10% goal.
  • Dividends are still mostly being accumulated as I expect better prices in the coming months.

Fresh red and green apples isolated on white background

ALEAIMAGE/E+ via Getty Images

I did something in August that I never thought I'd do. I sold some Apple (AAPL), one of the highest quality companies in the world. The sale wasn't entirely by choice. It was more of a pre-emptive

FBHS fastgraph

fastgraphs.com

Income by year

Wyo Investments

This article was written by

Wyo Investments profile picture
2.43K Followers
I spent 20 years in the natural resource sector in project development, project management, and business development. I typically invest in dividend growth stocks, although I do have an large investment property portfolio. In the past I have invested using momentum strategies, option strategies, and focused on growth stocks. However in 2009 I converted almost entirely to dividend growth investing as I found this was most in line with my investing goals, and allowed me to sleep easy at night! While I "retired" at 42, so I could be home to take my daughter to school, pick her up, and attend her events every day.  My many areas of investing allowed me to do this relatively comfortably, although time will tell if I stay retired. UPDATE: I recently accepted a position, not because I had to, but because I wanted to. It's amazing the difference work is when you are choosing to be there, rather than having to work.

Disclosure: I/we have a beneficial long position in the shares of ADP, AMP, APPL, AVGO, BBY, BLK, BX, CME, EPD, FBHS, HD, HON, ICE, INTC, LMT, LOW, MA, MDT, MO, MS, MSFT, PM, PRU, SNA, SPG, STOR, TROW, TSCO, TXN, V either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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