Mar '25 dividend portfolio update: strong balance sheets in tough times + 3 top ups
March was a busy month, with six of my companies issuing results that are reviewed here. In addition I discuss three model portfolio holdings where I've decided to take advantage of recent price weakness to top up.
Welcome to my review of March's results from the companies in my quality dividend share portfolio.
As usual at this time of year, it was a busy month for results. Companies covered in this update include a FTSE 100 financial heavyweight with an 8%+ yield, two high quality FTSE 250 stocks, and two AIM-listed dividend shares with well-supported 6% yields – but sluggish growth.
While I don't think there are any major problems to report, perhaps the common theme for many of my companies is that geopolitical and economic conditions have constrained sales.
For scheduling reasons I am publishing this before the end of the month. Should anything noteworthy occur on the 31st, I'll provide an update for subscribers if needed.
Top up buys: dividend cash is accumulating in the model portfolio. My sums suggest the cash weighting will be over 5% when Q1 dividends are added.
As I don't aim to hold too much cash, I have decided to top up three of the portfolio's holdings, each with a further c.1% weighting. Full details below for subscribers.
As a quick reminder, my model dividend portfolio broadly mirrors the shares in my main personal portfolio, although position pricing/sizes may vary for practical reasons.
Please note that my comments reflect my personal views and are not investment advice or recommendations. Please do your own research and seek professional advice if needed. Full disclaimer here.
In this month's report
Here's a list of topics covered in this month's report, together with a summary of each section.
Please scroll down for the full report, or click on the links to go directly to a specific section.
