What is the state as of 5/4/24
Value Div Fcst
Share Epic Sector %Total %Total Yield
Merchants Trust MRCH IT - UK Equity Income 11.27% 10.76% 5.30%
Dunedin Income Growth Inv Trus DIG IT - UK Equity Income 8.17% 7.36% 5.00%
Middlefield Canadian Income PC MCT IT - North America 7.08% 6.43% 5.04%
Jpmorgan European Growth & Inc JEGI IT - Europe. 6.33% 4.33% 3.80%
Murray International Trust MYI IT - Global Equity Income 6.28% 5.21% 4.60%
Schroder Income Growth Fund SCF IT - UK Equity Income 4.15% 3.89% 5.20%
Henderson Far East Income Ltd. HFEL IT - Asia Pacific Income 4.03% 8.00% 11.00%
IG Group Holdings IGG Financial Services 3.43% 3.89% 6.30%
Taylor Wimpey TW Home Construction 3.35% 3.98% 6.60%
Admiral Group ADM Nonlife Insurance 3.15% 2.61% 4.60%
Imperial Brands IMB Tobacco 3.07% 4.93% 8.90%
BP BP Oil & Gas Producers 2.95% 2.55% 4.80%
Lloyds Banking Group LLOY Banks 2.82% 3.25% 6.40%
Legal and General Group LGEN Life Insurance 2.74% 4.34% 8.80%
HSBC Holdings HSBA Banks 2.71% 4.93% 10.10%
Aviva AV Life Insurance 2.66% 3.40% 7.10%
Monks Inv Trust MNKS IT - Global. 2.60% 0.14% 0.30%
GlaxoSmithKline GSK Pharmaceuticals & Biotechnology 2.51% 1.63% 3.60%
Scottish Mortgage Inv Trust SMT IT - Global. 2.47% 0.20% 0.46%
Rio Tinto RIO Mining. 2.43% 3.19% 7.30%
Moneysupermarket.com Group MONY Media. 2.32% 2.30% 5.50%
F and C Investment Trust FCIT IT - Global. 2.19% 0.59% 1.50%
The Renewables Infrastructure TRIG IT - Renewable Energy Infrastructure 2.01% 2.60% 7.20%
SSE SSE Utilities 1.91% 1.28% 3.70%
BT Group BT-A Telecommunications 1.51% 1.90% 7.00%
Abrdn Plc ABDN Asset Management 1.26% 2.26% 10.00%
Greencoat UK Wind UKW IT - Renewable Energy Infrastructure 1.14% 1.48% 7.20%
BAE Systems BA Aerospace & Defence 1.08% 0.49% 2.50%
Vodafone Group VOD Telecommunications 0.98% 1.87% 10.60%
Cash ZCASH Cash 0.77% 0.00% 0.00%
Haleon HLN Consumer Healthcare 0.63% 0.20% 1.80%
Portfolio Running Yield = 5.55%
Value Div
Sector %Total %Total
IT - UK Equity Income 23.59% 22.01%
IT - Global. 7.26% 0.93%
IT - North America 7.08% 6.43%
IT - Europe. 6.33% 4.33%
IT - Global Equity Income 6.28% 5.21%
Banks 5.53% 8.18%
Life Insurance 5.40% 7.74%
IT - Asia Pacific Income 4.03% 8.00%
Financial Services 3.43% 3.89%
Home Construction 3.35% 3.98%
Nonlife Insurance 3.15% 2.61%
IT - Renewable Energy Infrastructure 3.15% 4.08%
Tobacco 3.07% 4.93%
Oil & Gas Producers 2.95% 2.55%
Pharmaceuticals & Biotechnology 2.51% 1.63%
Telecommunications 2.49% 3.77%
Mining. 2.43% 3.19%
Media. 2.32% 2.30%
Utilities 1.91% 1.28%
Asset Management 1.26% 2.26%
Aerospace & Defence 1.08% 0.49%
Cash 0.77% 0.00%
Consumer Healthcare 0.63% 0.20%
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
Whats changed this year
Date | TIDM | Price | Yield | Notes
30/05/23 | SMT | £6.7675 | 0.60% | Top-up in SIPP. Nav -19.941%. Hoping Growth is happening, up 8.69% in last month.
03/07/23 | CNA | £1.2414 | | Sold in Trading account. 2.33% capital gain. Reduce utilities sector below 10%, reduce dividend tax.
05/07/23 | TW | £1.0225 | 8.90% | Top-up in ISA. 2nd in top-up table. VOD 1st but not eligible for top-up
05/07/23 | AV. | £3.8935 | 8.50% | Top-up in ISA. 3rd in table
05/07/23 | IGG | £6.5350 | 6.80% | Top-up in ISA. 6th in table. BT and Abdn not eligible for top-up
13/11/23 | MCT | £0.9655 | 5.32% | Buy in SIPP. Top-up. NAV -14.14%
04/12/23 | TRIG | £1.0945 | 6.24% | Buy in SIPP. Top-up. NAV -16.15%
What happened this year. As I said last year was watching CNA and did sell at a small profit, this was in my trading account so transferred the money to my ISA (reducing tax burden a bit for next year) and brought more TW, AV and IGG. MCT top-up was not in plan but did add to TRIG. SMT seems to be on an upward trend. Still paying away all my non-SIPP income (savings back to a healthy amount, but waiting for quote for the delayed house maintenance). IT dividends still being re-invested. Portfolio has seen a slight increase of 2.33% (only new money was the Pension added to SIPP).
What has the income done
SHARE DIVIDENDS | | |
| Yield on cost | Yield on value | Divi per unit
For TAX 2015-2016 | 8.95% | 5.31% | 0.92
For TAX 2016-2017 | 6.93% | 5.65% | 0.90
For TAX 2017-2018 | 6.83% | 5.24% | 0.89
For TAX 2018-2019 | 7.33% | 6.54% | 0.91
For TAX 2019-2020 | 7.76% | 6.55% | 0.96
For TAX 2020-2021 | 3.53% | 5.63% | 0.56
For TAX 2021-2022 | 4.92% | 5.66% | 0.79
For TAX 2022-2023 | 5.54% | 6.05% | 0.90
For TAX 2023-2024 | 5.66% | 5.63% | 0.92
| | |
IT DIVIDENDS | | |
| Yield on cost | Yield on value | Divi per unit
For TAX 2015-2016 | 4.25% | 4.27% | 0.42
For TAX 2016-2017 | 4.96% | 5.95% | 0.49
For TAX 2017-2018 | 5.41% | 5.22% | 0.53
For TAX 2018-2019 | 6.21% | 6.07% | 0.61
For TAX 2019-2020 | 6.59% | 6.35% | 0.65
For TAX 2020-2021 | 5.39% | 6.98% | 0.54
For TAX 2021-2022 | 4.91% | 4.74% | 0.48
For TAX 2022-2023 | 4.99% | 4.56% | 0.49
For TAX 2023-2024 | 5.00% | 4.87% | 0.49
| | |
Dividends per year | Yield on cost | Yield on value | Divi per unit
| | |
2015-2016 | 6.90% | 4.98% | 0.70
2016-2017 | 6.39% | 5.71% | 0.76
2017-2018 | 6.43% | 5.24% | 0.76
2018-2019 | 6.93% | 6.39% | 0.79
2019-2020 | 7.29% | 6.47% | 0.82
2020-2021 | 4.43% | 6.35% | 0.54
2021-2022 | 4.92% | 5.14% | 0.59
2022-2023 | 5.24% | 5.18% | 0.63
2023-2024 | 5.29% | 5.20% | 0.63
Dividend income increased by 5.48%. Not great but still increasing. Forecast yield was 5.48%, obtained 5.2%.. Next year forecast yield is 5.55%.
What do I expect to happen this financial year. Will be adding to my SIPP (adding the max £2880 and getting the HMRC top-up of £720, then moving it to my drawdown account and taking the £900 tax free), once that is complete will be "topping" up one of the Growth IT's. With the rest of the income for the year will be adding to my renewables. The income from my HYP shares will go to my day-to-day expenses, plus a bit of IHT giving money to my daughter and adding to my grandaughters JISA, probably buying more UKW. Am looking at VOD in my trading account, cannot decide whether to bite the bullet on this serious underperformer, if I sold would "eliminate" dividend tax in my trading account (not a lot left un-sheltered now), transferring the cash to my ISA (I have a small amount of VOD in there as well, may keep that for old time sake
). At the moment this money would be used to add to RIO and ousider BA (obviously depends on what happens between now and then), other shares are higher in top-up list but are disqualifed for sector % or the famous "throwing bad money at".