My Dividend Growth Portfolio November Update - Healthcare Services Group Gets The Boot

Dec. 01, 2022 1:06 PM ET, , , , , , , , , , , , , , , , , , , , , , , , , , , , 12 Comments
Wyo Investments
2.92K Followers

Summary

  • Estimated income for 2022 is up to a record $15,545, while the portfolio continues to crush the S&P 500.
  • Buying was light as the market is up big from the October lows. I am skeptical of the market and expect better prices in the future.
  • A long-time holding, HCSG, was sold from the portfolio. The position was replaced with additional shares in SPG, O, NNN, and EPD.

Fist bump greeting

Andy Andrews/DigitalVision via Getty Images

As I write this over Thanksgiving weekend, I can't help but count dividend growth investing amongst my many blessings. You see, I spent a decade floundering around without a strategy that really hit home. Like many during the dotcom

This article was written by

2.92K 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.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of ADP, AFL, APPL, AVGO, BBY, CMCSA, CME, CVS, DHIL, EPD, FBHS, MDT, NNN, NXST, O, SCHD, SNA, SPG, TROW, TSCO, TXN 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.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

Related Stocks

SymbolLast Price% Chg
ADP--
Automatic Data Processing, Inc.
AFL--
Aflac Incorporated
AVGO--
Broadcom Inc.
BBY--
Best Buy Co., Inc.
CMCSA--
Comcast Corporation

Related Analysis