Each month, Dave reports on his Dividend Growth Portfolio (DGP). But in today’s article, he wants to review the portfolio through a wider-angle lens. Instead of looking at just a month, he looks back on the year just ended and looks forward to 2019.
Overall, this looks like an attractive investment opportunity at its current valuation and high yield. If it could deliver 4%/year dividend growth on top of its initial yield of nearly 6%, that would be a good deal for most dividend growth investors.
The purchase helps meet the objectives of my portfolio. The main goal is to build a reliable, steadily increasing stream of dividends over many years that can eventually be used as income for retirement.