The politics of the last month or so seems to have reduced the risk of No Deal (certainly the FTSE is riding high on this assumption), so I am about ready to start topping up again.
I have accumulated nearly 6% of dividends (as a % of my HYP) for top ups, so my starting point is the HYPTUSS.
First, the new Overview feature (thanks to itsallaguess and kiloran) gives the following state of play:
Value Div Fcst
Share Epic Sector %Total %Total Yield
BAE Systems BA Aerospace & Defence 3.96% 2.96% 4.60%
HSBC Holdings HSBA Banks 7.57% 7.37% 6.00%
Lloyds Banking Group LLOY Banks 3.42% 3.05% 5.50%
Galliford Try GFRD Construction & Materials 3.32% 5.44% 10.10%
SSE SSE Electricity 4.33% 4.91% 7.00%
Sainsbury (J) SBRY Food & Drug Retailers 5.18% 3.87% 4.60%
Unilever ULVR Food Producers 6.21% 3.32% 3.30%
Legal and General Group LGEN Life Insurance 7.45% 7.49% 6.20%
WPP WPP Media 3.03% 3.39% 6.90%
South32 Limited (DI) S32 Mining 3.75% 5.47% 9.00%
BHP Group BHP Mining 7.52% 9.28% 7.60%
Vodafone Group VOD Mobile Telecommunications 4.31% 6.37% 9.10%
National Grid NG Multiutilities 3.05% 2.92% 5.90%
Royal Dutch Shell 'B' RDSB Oil & Gas Producers 7.68% 7.10% 5.70%
GlaxoSmithKline GSK Pharmaceuticals & Biotechnology 13.13% 10.87% 5.10%
British Land Company BLND Retail REITs 3.51% 3.08% 5.40%
Capita CPI Support Services 1.62% 0.00% 0.00%
Imperial Brands IMB Tobacco 3.72% 4.96% 8.20%
Marston's MARS Travel & Leisure 4.76% 5.88% 7.60%
Stagecoach Group SGC Travel & Leisure 2.47% 2.29% 5.70%
Portfolio Running Yield = 6.16%
Value Div
Sector %Total %Total
Aerospace & Defence 3.96% 2.96%
Banks 10.99% 10.42%
Construction & Materials 3.32% 5.44%
Electricity 4.33% 4.91%
Food & Drug Retailers 5.18% 3.87%
Food Producers 6.21% 3.32%
Life Insurance 7.45% 7.49%
Media 3.03% 3.39%
Mining 11.27% 14.75%
Mobile Telecommunications 4.31% 6.37%
Multiutilities 3.05% 2.92%
Oil & Gas Producers 7.68% 7.10%
Pharmaceuticals & Biotechnology 13.13% 10.87%
Retail REITs 3.51% 3.08%
Support Services 1.62% 0.00%
Tobacco 3.72% 4.96%
Travel & Leisure 7.23% 8.17%
Total 100.00% 100.00%
Note: 1...'Value %Total' is the portfolio value of the share as a % of the total portfolio
2...'Div %Total' is the expected dividend of the share based on forecast yield
as a % of the total portfolio expected dividend
Second, my top up order (top 8) is as follows:
1. Galliford Try (GFRD)
2. WPP (WPP)
3=. Imperial Brands (IMB)
3+. South32 (S32)
5. Vodafone (VOD)
6. Stagecoach (SGC)
7. National Grid (NG.)
8. Marstons (MARS)
I am thinking of topping up Imperial Brands, WPP and possibly National Grid, or purchasing a new share. Of pyad's recent picks on the other thread, I might consider Standard Life Aberdeen (SLA) as I have no fund manager, or IGG, as I have no gambling.
I have ruled out GFRD due to its dividend cuts, S32 due to Mining sector weight, VOD due to low cover, SGC due to today's news, and MARS as I have invested enough in this, and am trying to avoid low cap shares.
Any thoughts?
All comments appreciated.
FD