Dividend growth investing

[umbrella]

@Nickobud Here is a link to a possible portfolio sorted by dividend streak. https://www.dropbox.com/s/0rqanpc7rnd8pg2/Growth Filter.jpg?dl=0

The filter is;
5 years CAGR EPS >5%
5 years CAGR DPS >4%
ROE >12%
Yield >1.2%

 

[Belli]

SOL (WH Soul Patts)

• This year we will pay out as dividends, 82% of the net regular cash inflows from operations.

I hold 7,000 of these in my personal name. Last time I added was 2011. While a steady dividend payer I decided it was replication as the LICs I hold also hold SOL and the most of the other companies in it's portfolio and so does the Index.

Always considered the payout ratios of all my holdings a bit high. That said, if the company cannot find a productive use for the cash I prefer it's in my hands rather than have them do something stupid -

- Woolworths = Masters
- BHP = Magna Copper,
- etc.

There are two other issues which make me think. The first it does appear it is has a touch of being a Fund of Fund taking various positions in companies such as Pengana although to be fair via Pengana it did get a slice of Hunter Hall on the cheap I feel.

The second is succession. While I never held it I have heard URB wasn't the roaring success it was hoped to be but then not all endeavours are successful and there was according to reports some shareholder stress with the way BKI did a capital raising. Not any idea of what that portends for the future but it is interesting to me.

I don't use any sort of dividend filter to "chase" payers. Yield goes all over the place depending on the price. I simply want to compound my income stream by placing as much as I can afford back into the share markets.