How did the year end:-
Value Div Fcst
Share Epic Sector %Total %Total Yield
Merchants Trust MRCH IT - UK Equity Income 12.81% 12.00% 4.73%
Dunedin Income Growth Inv Trus DIG IT - UK Equity Income 9.28% 7.92% 4.31%
Middlefield Canadian Income PC MCT IT - North America 8.13% 6.05% 3.76%
Henderson Far East Income Ltd. HFEL IT - Asia Pacific Income 5.67% 8.83% 7.87%
Jpmorgan European Growth & Inc JEGI IT - Europe. 5.37% 4.97% 4.68%
Schroder Income Growth Fund SCF IT - UK Equity Income 4.97% 4.12% 4.18%
Murray International Trust MYI IT - Global Equity Income 4.51% 3.85% 4.31%
BP BP Oil & Gas Producers 3.58% 3.19% 4.50%
GlaxoSmithKline GSK Pharmaceuticals & Biotechnology 3.35% 2.12% 3.20%
Legal and General Group LGEN Life Insurance 3.06% 4.37% 7.20%
Rio Tinto RIO Mining. 3.04% 6.27% 10.40%
Imperial Brands IMB Tobacco 2.97% 5.11% 8.70%
IG Group Holdings IGG Financial Services 2.80% 3.49% 6.30%
BT Group BT-A Telecommunications 2.72% 2.31% 4.30%
Admiral Group ADM Nonlife Insurance 2.67% 3.76% 7.10%
Monks Inv Trust MNKS IT - Global. 2.67% 0.10% 0.18%
Lloyds Banking Group LLOY Banks 2.51% 2.53% 5.10%
HSBC Holdings HSBA Banks 2.29% 1.86% 4.10%
SSE SSE Utilities 2.18% 2.20% 5.10%
Abrdn Plc ABDN Asset Management 2.02% 2.72% 6.80%
Moneysupermarket.com Group MONY Media. 2.01% 2.58% 6.50%
F and C Investment Trust FCIT IT - Global. 1.98% 0.58% 1.47%
Vodafone Group VOD Telecommunications 1.81% 2.19% 6.10%
Taylor Wimpey TW Home Construction 1.75% 2.36% 6.80%
Aviva AV Life Insurance 1.74% 2.34% 6.80%
Greencoat UK Wind UKW IT - Renewable Energy Infrastructure 1.32% 1.30% 4.99%
Scottish Mortgage Inv Trust SMT IT - Global. 1.05% 0.07% 0.33%
Cash ZCASH Cash 0.65% 0.00% 0.00%
BAE Systems BA Aerospace & Defence 0.63% 0.45% 3.60%
Centrica CNA Utilities 0.46% 0.36% 4.00%
Portfolio Running Yield = 5.05%
Value Div
Sector %Total %Total
IT - UK Equity Income 27.06% 24.04%
IT - North America 8.13% 6.05%
IT - Global. 5.70% 0.75%
IT - Asia Pacific Income 5.67% 8.83%
IT - Europe. 5.37% 4.97%
Banks 4.80% 4.39%
Life Insurance 4.80% 6.71%
Telecommunications 4.53% 4.50%
IT - Global Equity Income 4.51% 3.85%
Oil & Gas Producers 3.58% 3.19%
Pharmaceuticals & Biotechnology 3.35% 2.12%
Mining. 3.04% 6.27%
Tobacco 2.97% 5.11%
Financial Services 2.80% 3.49%
Nonlife Insurance 2.67% 3.76%
Utilities 2.64% 2.56%
Asset Management 2.02% 2.72%
Media. 2.01% 2.58%
Home Construction 1.75% 2.36%
IT - Renewable Energy Infrastructure 1.32% 1.30%
Aerospace & Defence 0.63% 0.45%
Cash 0.65% 0.00%
Total 100.00% 100.00%
Note: 1...'Value %Total' is the portfolio value of the share as a % of the total portfolio
2...'Div %Total' is the expected dividend of the share based on forecast yield
as a % of the total portfolio expected dividend
What has happened to portfolio in the last year
Date | TIDM | Price | Yield | Notes
28/06/21 | FCIT | £8.4490 | 1.44% | Buy in SIPP. New holding. NAV -8.5%
05/07/21 | ABDN | | | Name and TIDM changed from SLA
29/11/21 | UKW | £1.3655 | 5.21% | Buy in SIPP. Renewables, new holding. NAV 4.21%
10/01/22 | MKS | £2.5907 | | Sold from ISA. Gave up waiting for divi. 2.9% profit
10/01/22 | MONY | £2.1145 | 5.47% | Buy in ISA. New sector and top of yield
10/01/22 | TW | £1.6895 | 5.80% | Top-up in ISA. Yield is with specials. 4th in Top-up table, VOD, RIO and AV not eligble for top-up
So what has happened. My move into growth IT's was perhaps premature as their value has fallen overall, although FCIT has risen SMT and MNKS have fallen, MNKS dramatically, am sure that in time they will recover. A move into removables with UKW, a consious move to compensate for climate change objectives. Still paying away dividends from my non-IT shares and re-investing my IT (SIPP) dividends. Capital value has risen by 10.2%, highest ever value of portfolio was recorded in mid-Jan, going in the right direction.
How did my dividend income compare to previous years
Dividends per year | Yield on cost | Yield on value | Divi per unit
| | |
2015-2016 | 6.90% | 4.98% | 0.70
2016-2017 | 6.39% | 5.71% | 0.76
2017-2018 | 6.43% | 5.24% | 0.76
2018-2019 | 6.93% | 6.39% | 0.79
2019-2020 | 7.29% | 6.47% | 0.82
2020-2021 | 4.43% | 6.35% | 0.55
2021-2022 | 4.92% | 5.14% | 0.60
SHARE DIVIDENDS | | |
| Yield on cost | Yield on value | Divi per unit
For TAX 2015-2016 | 8.95% | 5.31% | 0.92
For TAX 2016-2017 | 6.93% | 5.65% | 0.90
For TAX 2017-2018 | 6.83% | 5.24% | 0.89
For TAX 2018-2019 | 7.33% | 6.54% | 0.91
For TAX 2019-2020 | 7.76% | 6.55% | 0.96
For TAX 2020-2021 | 3.53% | 5.63% | 0.57
For TAX 2021-2022 | 4.92% | 5.66% | 0.82
IT DIVIDENDS | | |
| Yield on cost | Yield on value | Divi per unit
For TAX 2015-2016 | 4.25% | 4.27% | 0.42
For TAX 2016-2017 | 4.96% | 5.95% | 0.49
For TAX 2017-2018 | 5.41% | 5.22% | 0.53
For TAX 2018-2019 | 6.21% | 6.07% | 0.61
For TAX 2019-2020 | 6.59% | 6.35% | 0.65
For TAX 2020-2021 | 5.39% | 6.98% | 0.54
For TAX 2021-2022 | 4.91% | 4.74% | 0.48
Dividends have increased 15%, going in the right direction but a long way to go to get back to pre-covid. IT's now 58% of portfolio.
Going forward I see dividend income rising even with the Growth IT's in the mix. Will be adding to my SIPP this month (adding the max £2880 and getting the HMRC top-up of £720, then moving it to my drawdown account and taking the £900 tax free), once that is complete will be "topping" up one of the Income IT's, not sure which one yet (the market changes regularly as we all know, so no prediciton as to which one). After that will either add another renewable or top-up UKW. Hopefully will have "surplus" to add to my HYP, but first job is to pay off a 0% credit card in June and carry on building my savings. Have already added another tranche to my Granddaughters JISA, buying UKW, she now has FCIT, SMT and UKW.