Sunday, July 17, 2016

2015 Portfolio Lags

In spite of record stock market prices and a rebound in energy stocks since the beginning of the year, the 2015 portfolio continues to lag.  It is a small portfolio and way too concentrated in energy stocks.  Most disappointing is the tepid dividend growth. Original dividend when these stocks were bought was $4,129 and today the portfolio expects to pay $4,271 annually for a whopping gain of 0.336%.


Conoco's (COP) dividend cut is most responsible for this poor performance.  Without COP the other stocks dividends have increased 6.15%.   This more in line with our goals.