Portfolio

August '23 dividend portfolio update: macro headwinds

Companies in my dividend portfolio are facing a range of external pressures, but I think the underlying businesses are continuing to perform well.

Roland Head

Sep 2, 2023 — 18 min read

Photo by Mark König on Unsplash

Welcome to my review of August's news and results from my portfolio companies. Last month saw five of my stocks issue results or trading updates.

I think the common theme running through these updates was external headwinds. Rising interest rates, supply shortages, currency headwinds and economic weakness all feature.

These might sound like excuses, but as far as I can see, these companies are all continuing to operate well.

Political risks are causing me some concern at one business, but this aside, I remain comfortable with all of these holdings.

Let's take a closer look at last month's portfolio news.

💡

My paid service provides full access to my model dividend portfolio. Subscribers also get full coverage of portfolio company results and details of all my portfolio trades. Signup today for immediate access.

In this month's report:

Here's a summary of the company results covered in this report, with a link to each section:

Down 60%! Is Churchill China a dividend share I should buy?

After a challenging few years, AIM dividend share Churchill China (LON:CHH) offers a 4.6% yield and looks in good shape to me. Is this a chance to lock in an attractive income from a company that's been a reliable payer for nearly 25 years?

Oct '24 dividend portfolio update: strong results from two very different AIM shares

October brought full-year results from two respected AIM-listed shares in my portfolio. In this review I take a look at both and explain why I'm happy to hold them.

Q3 24 dividend portfolio review: cash yield up 25% YTD + I'm beating the (wrong) benchmark!

Dividend income from my model portfolio has surged ahead this year, but capital gains have lagged the FTSE 100. I consider what might be happening and discuss two recent changes to the portfolio.

New stock #2: 20 years of dividend growth & a 6% yield

This 106-year-old AIM-listed business looks unloved, but I think the shares could deliver attractive returns if market conditions and sentiment recover.

Disclaimer: All content provided on this website is intended for educational and entertainment purposes only. This website does not provide investment advice or recommendations. You should research all investment decisions yourself and not rely upon information provided on this website. If you are unable to do this you should seek professional advice from a registered financial adviser.