My Dividend Growth Portfolio - Q2 2016 Summary

Introduction
I started sharing my dividend growth portfolio in December 2015. Since then, I made it through a very volatile Q1 in 2016. Q2 was much less volatile as my portfolio showed positive returns in all three months. However, it could have been much more volatile, if the markets believed that the Brexit is really going to happen. So far we already know that it will not happen in 2016. I believe that a Brexit will not happen, and the worst can be some negotiations between the European Union and the United Kingdom. As the Brexit fears faded, the markets gave investors a very high return.
My dividend income kept growing, as companies raised their annual payments, while none of my holdings cut its dividend. I must note that Chevron (NYSE: CVX) is still freezing its annual payment at $4.28. The total return of my portfolio in Q2 was 5.2% which is almost the same as I got in Q1 with 5.17%. I am still worried about the dividends in the energy sector. I don't hold any basic materials companies in my portfolio after I sold BHP Billiton (BBL, BHP). I used the lesson that I learned from BHP, and I avoided Potash (NYSE: POT).
Investment Allocation
I still divide my investments between medium term and long term. In October I will be able to use the deposit that I have in my bank, and I will allocate half to my brokerage account and the second half to my medium term managed account. I am also very happy with my Lending Club (NYSE: LC) account, and I believe that I found a... Read more