eResearch | The Dividend-Income Portfolio has gained 7.7% since Inception on December 1 last year. It has out-performed all but one of its comparables to date. Half of the stocks in the portfolio have risen above their initial two Price Targets, so it time to review and re-evaluate these situations.
The Portfolio
The 10 stocks that comprise the Dividend-Income Portfolio are shown below. There have been no changes since Inception on December 1 last year. Quite a few of the stocks have exceeded both of their Target Prices.
Source: eResearch
Comparables
We have included 5 ETFs as comparables and the S&P/TSX Composite Index to serve as benchmarks for the portfolio’s performance. The following graphic depicts how well the portfolio has done to date, and compared to the “Comps”.
Bob Weir has over 50 years of investment research and analytical experience in both the equity and fixed-income sectors, and in the commercial real estate industry. He joined eResearch in 2004 and was its President, CEO, and Managing Director, Research Services until December 2018. Prior to joining eResearch, Bob was at Dominion Bond Rating Service (DBRS).
The Top-Ten Dividend Yield Portfolio is designed with a longer-term perspective. As such, we will update it every two weeks, using Friday’s closing prices. Essentially, it will be a Buy-and-Hold portfolio, with minimal trading involved. The Portfolio will be appropriately invested but, if circumstances warrant, there could be a sizable cash component. The Portfolio was initiated on June 1, 2021 with a full complement of ten stocks. The initial investment, at inception, was $500,000. [more]
Our Dividend-Income Portfolio continues to perform well. Since our last report at year-end, the Portfolio rose 2.6% compared to the gain of 1.3% for the S&P/TSX Composite Index. Since inception at the beginning of December, the Portfolio is ahead by 6.1% while the Composite Index is up only 1.4%. [more]
Finally, our long-expected market pull-back and, typically, in just a few days of trading. The market may attach itself to the current negative sentiment and decline further. However, we are heading into the market’s usual strong performance period. December is usually a good month for the market, and this normally extends into the New Year. But this year could be different. By all means, take advantage of washed out quality companies, but be careful with your buying proclivities. [more]
