Consistent dividend growth is something that many dividend investors look for, and dividend champions are companies that have achieved it for 25 years or more. However, it's an extremely difficult feat to achieve and as a result there are very few … [Read more...] about 5 Dividend champions with high returns on capital
Last month I outlined six questions designed to help investors avoid potential yield traps. This month I’ll cover four more. These four questions, plus the six from last month, look for a variety of warning signs including: bad management … [Read more...] about Some more questions to help you avoid yield traps
Another quarter has flown by and so it’s time again for a review of the defensive value portfolio’s progress against its primary goals. As well as just talking about performance, I’ll try to highlight areas of my approach to investing which you … [Read more...] about Defensive value portfolio review: 2017 Q1
If you’re a relatively defensive investor like me, you probably like to have a decent number of defensive shares in your portfolio. But what number should that be? Or more correctly, what proportion of your portfolio should be invested in … [Read more...] about How many defensive shares should you hold?
As a dividend-focused investor I’m always on the lookout for high yield shares, whether that yield is high relative to the market average or high relative to the company’s peers. However, as most yield-seeking investors soon discover, high yield … [Read more...] about 6 Questions to help you avoid yield traps
Over the last few years Standard Chartered has not turned out to be a good investment, with shareholders being hit by both a rights issue and a suspended dividend. The root cause was the bank’s balance sheet, which was not able to withstand … [Read more...] about Standard Chartered and the importance of a strong bank balance sheet
Halfords has a dividend yield of 5% at its current share price of 342p. That’s an attractive yield for a somewhat defensive retailer, but in recent years its go-faster stripes (or at least its previously high growth rates) have fallen off. So … [Read more...] about Halfords PLC has a 5% dividend yield but its go-faster stripes have fallen off
As dividend-paying stocks go, Mark's & Spencer is not exactly a "hidden champion". On the contrary, it's a company that just about everyone in the UK (investor or not) is aware of. Because of its long history as the centrepiece of many UK high … [Read more...] about Marks & Spencer’s dividend yield: Is it big enough to offset the risks?
Today the FTSE 250 stands about 50% above its pre-financial crisis highs and more than 200% above its post-crisis lows. Those are impressive gains, but has it left the mid-cap market overvalued? I think it has, and the implications for expected … [Read more...] about FTSE 250 forecast for 2017: An expected decline of 8%
In December 2015 I wrote the first of what will hopefully be a very long series of annual forecasts for the FTSE 100, FTSE 250, S&P 500 and UK housing market. That first article forecast the value of the FTSE 100 at the end of the 2016 and – … [Read more...] about FTSE 100 forecast for 2017: Up, but not by much