Published Mon, 09 Mar 2020 07:20:38 -0400 on Seeking Alpha
February generated $347 in dividend income, up $32% sequentially and +25% Y/Y.
Projected 12M forward income has hit $3,800, with Gifted Working Time amounting to one full week YTD 2020.
I outline portfolio composition by sector and portfolio weight for every holding.
The novel coronavirus "SARS-Cov-2" and the associated pulmonary disease "COVID-19" continue to dominate market movements and led to one of the most bizarre jojo months I have ever witnessed on the stock markets. Daily swings of several hundred to a thousand points in the Dow have become the new normal as cases continue to increase as the virus spreads around the world.
No country at this stage seems to be immune against, and while it has not been officially termed a pandemic, it very much feels like one. Bright news from China, where new daily infections have dropped below 100 and almost exclusively originate from the Hubei region, are overshadowed by rapidly expanding international outbreak clusters, most notably in South Korea, Iran and Italy, but also increasingly across entire Europe and the United States.
(Source: worldometers.info as of March 7, 2020)
In my view, the biggest threat is not the virus per se, but rather the fear and anxiety surrounding it. Initially, the tourism and travel sector will be hit hard, but the longer it takes to contain the epidemic, the more it will hit general consumption and impede global supply chains.
Although I am a long-term investor, I made the conscious decision to raise some cash in February, as the uncertainty regarding the economic and societal impact of this pandemic is growing rapidly, and as such I feel it is not a bad idea to have some more cash even if that means having to sell some winners.
Portfolio Changes in February
As a result of this decision, there has been quite a lot going on in the portfolio in February apart from massive capital depreciation, of course.
I raised around a net total of $1,000 in capital, with... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|APOLLO COMMERCIAL REAL ESTATE FINANCE||19.35||12.6||1.54||1.84||9.57|
|PHILIP MORRIS INTERNATIONAL||74.90||14.9||5.03||4.68||6.12|
|MAIN STREET CAPITAL||43.18||16.8||2.57||2.46||5.69|
|ROYAL DUTCH SHELL A||68.62||27.1||2.59||3.76||5.35|
|ROYAL DUTCH SHELL B||70.13||0.0||0.00||3.76||5.23|
|CANADIAN IMPERIAL BANK OF COMMERCE||81.35||9.5||8.59||4.33||5.17|
|BANK OF NOVA SCOTIA||56.20||11.2||5.02||2.70||4.79|
|BROOKFIELD INFRASTRUCTURE PARTNERS LP||47.35||1.0||0.03||2.01||4.25|
|ROYAL BANK OF CANADA||78.79||11.9||6.61||3.16||4.00|
|BLACKSTONE GROUP LP||52.24||29.4||1.78||1.92||3.87|
|JOHNSON & JOHNSON||130.43||21.6||6.03||3.80||2.93|
|PROCTER & GAMBLE||122.77||90.3||1.36||2.98||2.49|
|TD AMERITRADE HOLDING||49.38||13.1||3.76||1.20||2.47|
|BANK OF AMERICA||29.67||10.6||2.80||0.72||2.45|
|FRESENIUS MEDICAL CARE||34.62||15.0||2.30||0.45||1.29|
|BAYERISCHE MOTOREN WERKE||23.77||0.0||0.00||0.00||0.00|
|COMMONWEALTH BANK OF AUSTRALIA||55.94||0.0||0.00||0.00||0.00|
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