All Weather Dividends: 9 Hot Buys For July And 1 Sell

Seeking AlphaDividend StrategyAll Weather Dividends: 9 Hot Buys For July And 1 SellJul. 6, 2020 11:04 AM ET|| Includes: BAC, HPQ, IBM, IRM, OKE, OMC, PFE, PFG, RL, T, TXNby: Robert & Sam KovacsRobert & Sam Kovacs Long only, dividend investing, dividend growth investingSummaryIn May we started a model "All Weather" dividend portfolio.
Each month we provide an update. So far the portfolio is up 7.93% before dividends.
This month, we initiate buys on 9 different stocks and sold 1 stock.
On May 15th, we started tracking our model "All Weather Dividends Portfolio", here on Seeking Alpha. The goal was to start displaying the way we manage our portfolios by creating a dividend portfolio from scratch, with a fictional $100,000 and $2,000 per month extra contributions.
Source: Open Domain
Each month, we provide an update, with suggested transactions, and tracking the portfolio. Because we are picky on prices, this portfolio is not identical to our portfolios. For instance there are stocks we own but haven't included so far in the All Weather portfolio, for lack of a good price. Johnson & Johnson (JNJ) is one such stock.
We will present the portfolio's performance for the past month, then introduce our latest transactions (using the closing prices for the 30th of June). We'll then give a summary of the portfolio's investments and cash positions, an overview of the diversification and of expected dividends, before finally presenting an overall table summarizing the portfolio's holdings.
Performance in June
After an explosive month of May, where the portfolio was up 9.14%, June started with a bang, only to give back all of the early gains and end the month in negative territory.

Source: mad-dividends.com
The performance gap with the S&P 500 (before dividends) went from +6.84% at the beginning of the month to +3.22%.
We are still pleased with this performance, although we don't want to attribute too much importance... Read more