Portfolio Update
The FiveTwenty portfolio received no dividends in the past week.
| Past Week Dividend | $269.06 |
| Current Quarter Dividend (Q3 2023) | $912.36 |
| LifeTime Dividend | $13,378.66 |
| Estimated Annual Dividend | $10,120.25 |
The capital allocation for the week of 08/20/2023 to 08/26/2023 will be used to add to our position in Vanguard Dividend Appreciation ETF (VIG) and Vanguard International Dividend Appreciation ETF (VIGI).
Closing Position
This week we decided to pull the trigger and close out our 2 positions in non-dividend paying companies KNF and WBD. Both positions were established when we received shares as part of their spin-offs from their parent companies, MDU and T. We decided to hold on to the shares, initially, in the hopes that the companies might initiate paying a dividend. However, since neither company has given signs that they might initiate dividend payouts in the near future, we decided to go ahead and sell all our shares this week. The proceeds from the sales will be re-invested as part of our regular capital allocations as outlined in our strategy.
VIG & VIGI – Position Update
| TTM | Prev. Update | |
| VIG Yield | 1.94% | 1.91% |
| VIGI Yield | 2.16% | 2.11% |
Thesis
Why are we adding to our position in VIG & VIGI?
We continue to build our position in VIG & VIGI while we wait for attractive entry opportunities in a dividend paying stock.
Previous Articles
- 2023 Week 33: VIG & VIGI
- 2023 Week 32: VIG & VIGI
- 2023 Week 31: VIG & VIGI
- 2023 Week 30: VIG & VIGI
- 2023 Week 29: VIG & VIGI
Photo by Mathieu Stern on Unsplash
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