Portfolio shares: Direct Line's 9% yield looks safe to me
FTSE 250 insurer Direct Line Insurance (LON:DLG) boasts a forecast dividend yield of 9%. I explain why the stock is a member of my model portfolio.

FTSE 250 insurer Direct Line Insurance (LON:DLG) boasts a forecast dividend yield of 9%. I explain why the stock is a member of my model portfolio.
Four of my dividend stocks issued results in August. I remain comfortable with three of them but have decided to sell one from my portfolio.
August brought results from 1 FTSE 250 firm and two of my FTSE 100 companies - including an 8% yielder and a global industrial group.
I review improved results from two of my holdings, a solid performance from one of the FTSE 100's largest companies and profit warnings from two AIM stocks.
My dividend portfolio produced solid income growth and some decent share price gains in Q2. I am cautiously optimistic that after a difficult period, the outlook may be improving.
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