Weekly dividends

Hi All,

I am trying to build my first PIE to get weekly dividends and I am looking for feedback :slight_smile:

Microsoft 5%
Realty income 5%
Johnson & Johnson 4%
Coca-Cola 4%
3M 5%
McDonalds 5%
Pfizer 4%
Nvidia 5%
Starbucks 5%
Lockheed Martin 5%
Manulife Financial 4%
Apple 4%
AT&T 4%
Caterpillar 4%
Simon Property Group 4%
Altria Group 5%
W.P. Carey 3%
Walmart 5%
Kimberly-Clark 4%
Cisco Systems 4%
Blackstone Group 4%
Greencoat UK Wind 4%
Lucid Group 2%
Rivian Automotive 2%

It has an Avg Annual return of 13.53% and a minimum investment of €100,-

I got the basics from Get Dividends Every Week in 2020 by Investing in 12 stocks | by Esther Liao | Medium

combined with https://www.dividend.com/how-to-invest/earn-dividend-income-every-week-12-stock-portfolio/

and added some additional ones which I am personally interested in.

Any thoughts?

EDIT: Added greencoat UK Wind based on feedback. Reduced Lucid, Rivian and WP Carey. Removed Avery Dennison.

I have created an Excel with the stocks listed. Here I have flagged 3 stocks which I will looking to substitute.

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Personal view but I don’t believe the timing of dividends is the best reason for investing in a stock.

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Looks decent but a lot of that performance will be driven by Apple and NVidia, and there is no guarantee that will continue.

Where are you based? This may impact FX variation as well.

Have you considered the likes of UKW - Greencoat UK Wind, 10.5% average return for the past 5 years with a yield of 5.4%. For someone in the UK, that is providing a decent quarterly return with capital protection above inflation as well.

There are others:

BSIF Bluefield Solar income Fund, that is diversifying out of just Solar with an average return of 11.79% and a yield of 6.53%.

Could add some diversification to your portfolio.

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Agreed. You’re better off considering a host of other factors before frequency, such as yield, dividend growth record, dividind cover, debt, size of company, and sector diversification.

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I am based in The Netherlands. FX Impact might be there as well, but high frequency dividend is pretty rare here. I also need this frequency to stay motivated hehe.

Apple and Nvidia are both growth dividends which I wanted to add, but these are not really taken into consideration for the weekly dividends.

Will look into UKW and BSIF, thanks!

Thank you, will take this into consideration. I think most of them are pretty solid companies worth investing anyway. Still have some doubts about:
Avery Dennison 5%
Manulife Financial 5%
Simon Property Group 4%
W.P. Carey 3%
Kimberly-Clark 4%
Blackstone Group 4%
Pfizer 4%

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I have KMB. Quite like them as a defensive, not expecting big returns but I like having something to diversify the tech/pharma in my portfolio.

Had brief looks at Pfizer and Blackstone, both probably fit my model but haven’t gone for them.

Never heard of the rest from that extract.

Abbott and Abbvie are two of my bigger dividend holdings.

As a UK predominantly dividend investor, aiming for weekly dividend would take your eye off what dividend investing is all about - i think

i often don’t see the rationale behind some of the monthly divided pie floating about. It shouldn’t make any difference to a long term “investor” if the dividends are paid yearly, quarterly, monthly or hourly imo

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people who schedule for a monthly dividend are looking for income, not to grow their investments. as a retirement income portfolio that’s fine. get the yield you can when the opportunity arises, but choosing solid picks that pay throughout the year isn’t bad to see your portfolio return when you need it.

its just the daily-weekly ones that make no sense to me. I personally prefer to stick to companies that pay quarterly and intersperse with some monthly options like Realty Income.

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It also helps improve cashflow, and if you have conviction in some stocks, you can use that cashflow to top up holdings when the market over reacts and under values positions in your portfolio without having to reduce any of your other holdings.

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@Dao i do see your point on the retirement income portfolio, my investment journey is still far from the retirement stage so my strategy is different.

@Dougal1984 i keep steady percentage of dry powder for corrections/over reactions but that’s also because where am currently on the investment journey.

Edit below are some UK dividend stocks to consider

Evraz

BP

Shell

BATS

Imperial

Pennon

SSE

RIO

Anglo

BHP – leaving FTSE

Lloyds

Barclays

Legal & general

Diageo

Hargreaves

Glaxo

Tesco

Clarkson

National Grid

I would drop a couple and add RMG, but that’s just opinion end of day. :slight_smile:

lucid and rivian dont pay dividends.

lockheed great pick and pfizer will continue to buyout companies with their massive covid windfall

True! I added Lucid and Rivian for another reason… Could have created a second Pie for that, but didn’t :slight_smile:

How do you plan to monitor potentially 52 companies, would you consider knocking it down to 12(or 4 if they pay quarterly?).

I would consider it, but that would mean lowering my dividend interval. BTW my pie only has 24, not 52.

Honestly, I don’t see a point in weekly dividends in case your have another sources of income.
I’m based in Czech, and here dividends are taxable - so I avoid investing in dividend paying stocks.

By law, I don’t pay capital gain tax if I hold stock for 3 years. So that’s my strategy to invest. As long as I have other source of income - I avoid dividends.

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Could be… but i will directly reinvest my dividends anyway, so no tax to be paid. The dividends are compounding. The more often you get them, the higher the result will be. Also by regularly investing will limit my risks because i will reinvest in both high and low prices. Less timing needed.

Anyway, my topic was more about the companies than about my investment strategy.

I’m not sure that’s how tax works in most countries. I’m UK, and just because I reinvest dividends, I still have to pay tax on dividend income if I earn more than 2k.

If it were me, take the stocks you have, and see which have the ‘best’ entry point. Something us individual investors can take advantage of rather than buying a managed fund, we can time our entry into the markets.

That’s great if you can reinvest them tax free.