July is behind us, time to check in on my portfolio.
Disney - after acquiring 21st Century Fox - is gearing up to be an even bigger media powerhouse than it was before. The company’s moat, growing dividends and low pay-out ratio made for a compelling case to add 15 more shares.
And then on July 18 I added 20 more shares of Delta Airlines. Like Disney, Delta has a low pay-out ratio but combines that with a much higher dividend growth rate. This latest purchase rounded my position in the airline to a nice and even 100 shares.
Given these new buys, received dividends and stock price changes - how did my portfolio progress in July?
For reasons of comparison: a year ago, at the end of July 2017, my portfolio consisted of 45 positions with a total value of $91,556.
At the end of July 2018 my portfolio consisted of 55 positions with a total market value of $142,357, a Year-on-Year (YoY) increase of 55%.
How was your July? Did you add new positions to your portfolio? Leave a comment/reply to share your thoughts!