Recent Investments for June 5th
At the beginning of May, I looked at the dividend growth universe. Those were companies that had managed to increase annual dividends for at least ten years in a row. .I identified companies that had an yield of 2.50% or higher, and consistent dividend growth. I identified consistent dividend growth as a minimum of 6% annualized over the preceding 1/3/5/10 years, along with most recent dividend increase. Next, I looked at trends in EPS/FCF/share over the preceding decade, in order to identify companies for potential addition. I do not believe all of this companies are a buy - they are just a starting list for research. Some of these companies in my opinion may not be good ideas, as they are too cyclical.
I may do some additional screening some time this month, where I would likely lower the minimum yield requirement. I usually do not have a minimum yield requirement to begin with. I do like to play around with different yield/growth characteristics - having companies with different yield/growth characteristics in a diversified portfolio makes it well diversified in my opinion.
This is just one way I monitor/track/get investment ideas for further research. I try to look at it from multiple angles.
I wanted to let you know that I added to an existing position this morning. I also initiated a new position in a new company.
You can view the list here - it is a working copy so it does not look very presentable. A few of you had asked me for it, and I had shared it. Hence, I wanted to give each one of you the same level of information.
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