Our International Dividend Portfolio gained 5.76% in US$ and 5.23% in € in August. Year-to-date the performance is finally in the plus and is now 2.67% in US$ for the International Dividend Portfolio.
Since its inception in 2009, the portfolio has returned 302% in US$ and 374% in €, excluding reinvesting dividends.
Last month’s performance dashboard shows a very positive month with eleven positive and only four negative stocks. In our portfolio, Unilever & Lóreal dropped, while PPG Industries, Microsoft, and McDonald’s gained the most. Wolters Kluwer recovered from its negative performance in July and will also go ex-dividend early September.
In August several stocks in this portfolio went ex-dividend, such as McDonalds, 3M, Dover corp. PPG (PPG) declared a $0.54 per share quarterly dividend, which is a 5.9% increase from the prior dividend of $0.51.Which is close to our dividend growth rate objective of 7%. The forward dividend yield for PPG is around 1.9%.
The dividend growth rate since inception is 7% and our International Dividend Portfolio has now experienced one dividend cut since the start (RD-Shell).
We created the International Dividend Portfolio, so customers can follow a selection of international dividend stocks. Some investors could mirror the portfolio holding for holding, but others use the list to generate investment ideas and make sense of trends and risk/returns in their own portfolios.
If you decide to mirror the portfolio, our recommendation would be to invest equally across all holdings. This provides diversification between stocks, sectors, and currencies. Preferable the value of one individual stock is always below 5%-8%. Some holdings may appear undervalued and some overvalued, so we provide some guidelines/rules when to buy or not to buy. Please take into account that there is currency risk.More details and the dividend stocks in portfolio are available to members.