My top-up table now looks like this:
Top-up Income Cost
Rank EPIC Rank EPIC % Income Rank Epic % Cost
1 VOD+ 1 BHP 7.28% 1 VOD 4.69%
2 BT.A+ 2 RIO 5.41% 2 IGG 4.63%
3 RIO* 3 S32 5.31% 3 PHP 4.53%
4 ADM* 4 TW. 4.91% 4 LLOY 4.42%
5 PHP+ 5 LGEN 4.59% 5 BLND 4.37%
6 BATS 6 ADM 4.54% 6 BT.A 4.34%
7 TSCO 7 IMB 4.30% 7 AV. 4.04%
8 RKT 8 VOD 4.14% 8 TW. 4.04%
9 ULVR 9 BATS 4.09% 9 LGEN 3.83%
10 LLOY+ 10 AV. 3.58% 10 WDS 3.60%
11 SGRO 11 IGG 3.33% 11 GSK 3.42%
12 IGG+ 12 BLND 3.21% 12 IMB 3.39%
13 IMB* 13 PHP 3.09% 13 BP. 3.38%
14 LGEN* 14 NG. 3.08% 14 TSCO 3.34%
15 GSK 15 SSE 3.07% 15 BATS 3.32%
16 SSE 16 SMDS 2.85% 16 KGF 3.22%
17 BHP* 17 KGF 2.72% 17 PSON 3.03%
18 TATE 18 WDS 2.71% 18 SHEL 3.02%
19 WDS 19 BP. 2.67% 19 SSE 2.97%
20 UU. 20 BT.A 2.46% 20 HLN 2.77%
As always I disqualify any share which if added to by 20%, would provide more than 5% of the dividend income(*) or account for more than 5% of portfolio cost(+). I no longer hold any share not paying a dividend. BATS therefore ranks highest for topping up at the moment, actually level with TSCO, but has the higher yield. That looks like being the end of March before the next opportunity.
My portfolio now looks like this:
Value
Rank EPIC Weight % Median
1 BHP 3.78% 128.1%
2 S32 3.30% 111.7%
3 TW. 3.29% 111.3%
4 SMDS 3.20% 108.4%
5 AV. 3.20% 108.3%
6 BP. 3.20% 108.3%
7 DGE 3.19% 108.1%
8 BLND 3.16% 107.1%
9 IMI 3.15% 106.9%
10 LGEN 3.15% 106.8%
11 BA. 3.12% 105.6%
12 IMB 3.11% 105.4%
13 NG. 3.11% 105.2%
14 KGF 3.08% 104.3%
15 AZN 3.07% 103.8%
16 SSE 3.02% 102.3%
17 IGG 2.99% 101.3%
18 WDS 2.95% 100.0%
19 ADM 2.94% 99.7%
20 BATS 2.93% 99.2%
21 UU. 2.89% 98.1%
22 SHEL 2.89% 97.9%
23 RIO 2.85% 96.7%
24 PHP 2.70% 91.6%
25 PSON 2.69% 91.2%
26 GSK 2.60% 88.0%
27 HLN 2.59% 87.7%
28 LLOY 2.58% 87.3%
29 TSCO 2.58% 87.3%
30 VOD 2.47% 83.6%
31 TATE 2.33% 78.8%
32 ULVR 2.18% 73.7%
33 BT.A 2.09% 70.6%
34 SGRO 1.97% 66.6%
35 RKT 1.68% 57.1%
Mean 2.86%
The close packing of values is evident, in that 20% of the median spans positions 4 to 25. Soon the lightest weight holdings will be eligible for topping up.
TJH