After a strong Q2 performance, our International Dividend Portfolio gained another 1.23% (in USD) in July and is now down -2.93% for the year, which is still an outperformance compared to the European or US Dividend Aristocrats. In euros, the performance has been impacted substantially due to the weakening of the dollar versus the euro.
New portfolio position
Per July 1st, European dividend aristocrat Wolters Kluwer (WKL.AS, ISIN: NL0000395903) has been added to our International Dividend Portfolio.
Performance update
Our International Dividend Portfolio gained 1.23% in US$ and lost -3.49% in € in July after a strong performance of 14.91% in the second quarter of 2020. Year-to-date the performance is now -5.04% for the Dividend Aristocrats Index, while the International Dividend Portfolio dropped -2.93% in US$.
Since its inception in 2009, the portfolio has returned 280% in US$ and 350% in €, excluding reinvesting dividends.
Last month’s performance dashboard shows again a mix of eight positive and seven negative stocks. The Oil stocks in our portfolio, Chevron and Total dropped, while Procter & Gamble, and Dover Corp add several percent. Wolters Kluwer did start the first month in our portfolio with a drop of -3.8%.
Getting started
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.
