Time again for my monthly examination of the dividend Portfolio, and deciding what actions I might take to improve it, if any.
This past month has been rather quiet in terms of portfolio activity… just one purchase (HRL), about 1 month ago, and no sales (which should be infrequent anyway).
I haven’t made any decision with regard to FAST or GWW, and possibly consolidating on just one. To be honest, time has been limited this past month, so I haven’t delved into it. However, I’m not in any rush to decide. Perhaps next month I can take that ‘closer look’ I’ve talked about.
I’m still looking to increase the size my Information Technology investment. As for existing holdings, I think I’ve got more than enough QCOM at this point, so I’m not looking to add there. I’m happy with my SWKS and CTSH position sizes as well. Thus, I will have to look outside my current tech holdings if I’m going to increase the amount invested in that sector. Recent candidate CSCO has run away from me a bit recently, so I’m taking a wait and see approach there.
CAH still looks interesting to me at the current level – $67-$68. This is actually a tad lower than my last purchase price. I could see adding a few more shares around $65 if it declines to that point.
Utility SCANA (SCG) has dropped over 20% this calendar year, in part due to a failed nuclear project they’d been investing in. So, I’ll monitor SCG as well, and consider incrementally adding more.
As mentioned a couple of months ago, I’m still looking to trim the OHI position a bit, should it get over $35 again. In the meantime, I’m happy to keep collecting the dividends!
Thanks to recent reinvested dividends, the portfolio crossed $7,000 in annual forward dividend income… a nice milestone! I’m still hoping to reach $7,200, or a nice round $600/mo by year’s end.
Any big changes in your portfolio recently? Any tech names you think I should investigate at this point in time?