The High Yield Dividend Champion Portfolio is a publicly tracked stock portfolio on Scott’s Investments. Its goal is to capture quality high yield stocks with a history of raising dividends.
The screening process for this portfolio starts with the “Dividend Champions” as compiled by DRIP Investing. The list is comprised of stocks that have increased their dividend payout for at least 25 consecutive years. Stocks are then ranked on yield, P/E and 3 year dividend growth rate but payout ratio is no longer a factor.
Stocks are sold on the re-balance date (generally around the 5th of the month) when they drop out of the top 15 (to limit turnover) and are replaced with the next highest rated stock.
The top 25 stocks are below and displayed in order of their overall ranking (figures are from the end of November):
|Old Republic International||ORI||4.20||12.24||1.39|
|Eagle Financial Services||EFSI||3.60||14.63||3.10|
|T. Rowe Price Group||TROW||2.92||16.68||15.21|
|Altria Group Inc.||MO||3.82||24.03||8.36|
|Helmerich & Payne Inc.||HP||3.70||999.00||114.15|
|Computer Services Inc.||CSVI||2.85||19.05||21.05|
|Archer Daniels Midland||ADM||2.78||16.38||16.96|
|Wal-Mart Stores Inc.||WMT||2.84||15.28||7.78|
|National Retail Properties||NNN||4.26||39.16||3.11|
|Johnson & Johnson||JNJ||2.88||19.49||7.12|
|Procter & Gamble Co.||PG||3.25||23.36||5.99|
|Community Trust Banc.||CTBI||3.03||15.65||2.25|
|Weyco Group Inc.||WEYS||2.92||20.12||6.18|
There is turnover in three positions this month. Community Trust Bancorp (CTBI) was sold for a gain of 28.91% since its purchase in July 2016. Emerson Electric (EMR) was sold for a gain of 17.37% since August 2015 and Eaton Vance (EV) sold for a one month gain of 21.59%.
The current portfolio is below:
|Position||Shares||Average Purchase Price||Initial Purchase Date||Cost Basis||Current Value||Percentage Gain/Loss Excluding Dividends|