Dividend Portfolio Sector Allocation
Several dividend investing bloggers have been asking me to highlight my sector diversification from my brokerage account and ROTH account. For those who are regular visitors to DivHut and have seen my portfolio, you already know that I do not own any REITs or MLPs. Not that I’m against those investment vehicles I just followed a more “traditional” portfolio building process that was not focused on current yield as much as dividend growth. I am actually very interested in the healthcare REIT space and am considering initiating a new position in a few such as HCP, VTR and OHI.
Below you will find my asset allocation for my dividend stocks. Clearly, I favor the consumer staples and industrial sectors the most. However, the past several months have seen me add to my financial holdings in WFC, AFL, CB and new positions in TD, BNS and RY. I am looking to continue boosting my financial exposure going forward and eventually increase my medical/health holdings as well.
Brokerage Account
|
Sector |
Sector % |
Market Value |
|---|---|---|
| Consumer Staples | 21.18% | $24,195.41 |
| Industrial Products | 18.31% | $20,923.04 |
| Cash | 13.00% | $14,852.54 |
| Medical | 12.03% | $13,746.04 |
| Finance | 9.51% | $10,868.12 |
| Utilities | 6.64% | $7,590.05 |
| Retail/Wholesale | 5.36% | $6,124.35 |
| Multi-Sector Conglomerates | 4.89% | $5,581.16 |
| Basic Materials | 4.45% | $5,080.19 |
| Auto/Tires/Trucks | 2.77% | $3,169.87 |
| Consumer Discretionary | 1.85% | $2,114.76 |
ROTH Account
|
Sector |
Sector % |
Market Value |
|---|---|---|
| Consumer Staples | 31.90% | $8,138.60 |
| Cash | 20.39% | $5,202.74 |
| Industrial Products | 20.12% | $5,132.71 |
| Finance | 10.68% | $2,724.21 |
| Retail/Wholesale | 8.39% | $2,141.40 |
| Multi-Sector Conglomerates | 5.17% | $1,318.11 |
| Medical | 3.36% | $857.13 |
Another point you’ll notice is my cash holding which is probably higher than most dividend bloggers as I know the desire to always be fully invested trumps having a cash reserve for potential future buying opportunities.
How are your stocks allocated? What is your largest sector holding(s) and how do you feel about having a relatively high cash balance or not? Please let me know below.
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