How did we do this financial year:-
Value Div Fcst
Share Epic Sector %Total %Total Yield
Merchants Trust MRCH IT - UK Equity Income 12.50% 10.97% 4.81%
Dunedin Income Growth Inv Trus DIG IT - UK Equity Income 8.64% 7.07% 4.49%
Murray International Trust MYI IT - Global Equity Income 7.00% 5.32% 4.17%
Middlefield Canadian Income PC MCT IT - North America 6.55% 5.58% 4.67%
Jpmorgan European Growth & Inc JEGI IT - Europe. 5.95% 4.62% 4.26%
Henderson Far East Income Ltd. HFEL IT - Asia Pacific Income 4.84% 8.10% 9.17%
Schroder Income Growth Fund SCF IT - UK Equity Income 4.79% 3.85% 4.41%
Imperial Brands IMB Tobacco 3.41% 4.91% 7.90%
BP BP Oil & Gas Producers 3.15% 3.56% 6.20%
Centrica CNA Utilities 2.97% 1.84% 3.40%
Moneysupermarket.com Group MONY Media. 2.72% 2.38% 4.80%
Rio Tinto RIO Mining. 2.64% 5.00% 10.40%
Legal and General Group LGEN Life Insurance 2.63% 4.09% 8.50%
Lloyds Banking Group LLOY Banks 2.62% 2.82% 5.90%
Admiral Group ADM Nonlife Insurance 2.58% 2.83% 6.00%
HSBC Holdings HSBA Banks 2.39% 5.80% 13.30%
GlaxoSmithKline GSK Pharmaceuticals & Biotechnology 2.36% 1.29% 3.00%
IG Group Holdings IGG Financial Services 2.30% 2.77% 6.60%
SSE SSE Utilities 2.23% 2.15% 5.30%
Monks Inv Trust MNKS IT - Global. 2.22% 0.10% 0.25%
BT Group BT-A Telecommunications 2.15% 2.08% 5.30%
F and C Investment Trust FCIT IT - Global. 2.02% 0.55% 1.50%
Abrdn Plc ABDN Asset Management 1.88% 2.44% 7.10%
Taylor Wimpey TW Home Construction 1.49% 2.07% 7.60%
Greencoat UK Wind UKW IT - Renewable Energy Infrastructure 1.35% 1.35% 5.49%
Vodafone Group VOD Telecommunications 1.30% 2.75% 11.60%
The Renewables Infrastructure TRIG IT - Renewable Energy Infrastructure 1.24% 1.28% 5.67%
Aviva AV Life Insurance 1.23% 1.83% 8.20%
BAE Systems BA Aerospace & Defence 0.84% 0.44% 2.90%
Haleon HLN Consumer Healthcare 0.68% 0.09% 0.70%
Scottish Mortgage Inv Trust SMT IT - Global. 0.64% 0.06% 0.55%
Cash ZCASH Cash 0.70% 0.00% 0.00%
Portfolio Running Yield = 5.48%
Value Div
Sector %Total %Total
IT - UK Equity Income 25.93% 21.89%
IT - Global Equity Income 7.00% 5.32%
IT - North America 6.55% 5.58%
IT - Europe. 5.95% 4.62%
Utilities 5.20% 3.99%
Banks 5.01% 8.62%
IT - Global. 4.88% 0.71%
IT - Asia Pacific Income 4.84% 8.10%
Life Insurance 3.86% 5.92%
Telecommunications 3.45% 4.83%
Tobacco 3.41% 4.91%
Oil & Gas Producers 3.15% 3.56%
Media. 2.72% 2.38%
Mining. 2.64% 5.00%
IT - Renewable Energy Infrastructure 2.59% 2.63%
Nonlife Insurance 2.58% 2.83%
Pharmaceuticals & Biotechnology 2.36% 1.29%
Financial Services 2.30% 2.77%
Asset Management 1.88% 2.44%
Home Construction 1.49% 2.07%
Aerospace & Defence 0.84% 0.44%
Consumer Healthcare 0.68% 0.09%
Cash 0.70% 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 this year:-
Date | TIDM | Price | Yield | Notes
19/05/22 | AV. | | | Consolidation and sold B-shares.
20/05/22 | ADM | £21.9800 | 7.90% | Buy in ISA. 4th in table. AV, ABDN and TW not eligble for top-up
24/06/22 | MYI | £12.1840 | 4.55% | Buy in SIPP. Top-up. NAV -2.12%.
18/07/22 | HLN | £3.0835 | | Split off from GSK. 1:1 deal
18/07/22 | GSK | £16.9815 | | Consolidation 4:5 (see above)
04/10/22 | BP | £4.4949 | | Sold in Trading Account.Top-sliced
04/10/22 | CAN | £0.7194 | 4.30% | Top-up in Trading Account. 6th in Top-up Table. ABDN, TW, VOD, AV & RIO not eligible for top-up
25/11/22 | TRIG | £1.3065 | 5.20% | Buy in SIPP. Renewables, new holding NAV -2.12%
What have I done this year. Used the money from Aviva to buy more Admiral. Top sliced BP as it had become overweight and used proceeds to top-up Centrica. In my SIPP added to Murray International Trust and add another renewable, The Renewables Infrastructure Group. SMT and MNKS still lagging but FCIT going in the right direction. Still paying away income from my shares and re-investing IT income in my SIPP. Value of portfolio has increased 2% since last year.
How has the income done this year.
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
2022-2023 | 5.24% | 5.18% | 0.64
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
For TAX 2022-2023 | 5.54% | 6.05% | 0.93
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
For TAX 2022-2023 | 4.99% | 4.56% | 0.49
Dividend income increased by 10.8%. Can live with that. Forecast yield was 5.04%, obtained 5.18%, so inline. Next year forecast yield is 5.48%. Dividend income still behind pre-covid.
What do I expect to happen this financial year. Will be adding to my SIPP (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 Growth IT's, expecting them to start to show a recovery. With the rest of the income for the year will be adding to my renewables. The income from my HYP shares will go to my day-to-day expenses, plus a bit of IHT giving money to my daughter and adding to my grandaughters JISA, probably buying TRIG. My daughter also threw last years plans into a spin announcing getting married in June this year (all my savings accounted for there). Before thinking of adding to my HYP will need to build up my savings. Need to put aside some money for "home maintenance" after a leaking roof at the end of the year meaning I need to have bedroom ceiling re-skimmed, will take the opportunity to replace the current lights with LED downlights and add an "pull light switch". Do not envisage any money being available to put into my HYP (already had to cut out one holiday for lack of "readies").