Rose’s Income Garden Portfolio October Update: Outperforms SPY 17.3%, Yield 5.2%

RoseNose profile picture

shoot

October

Valuations rose as did most indices and RIG also enjoyed a rise of around 6% with a total return up 8.76% for the month.

Dividend Income for October

22 of 82 companies/ or ~27% of the portfolio paid; as usual together with getting 4 increases. The quote board is in bold for the raises along with more discussion in the comments and revealing the 4 companies that pay monthly.

The table below uses the following abbreviations:

Reception date = Date of payment received.

division/sh = Dividend per share paid.

Division $ annual = Current estimated annual known dividend payment.

Division Yield % = dividend yield calculated using the current displayed price and the known annual dividend.

The current price is for the market price at the end of the day on November 1.

Values

2022

div/sh

$ Annual

% division

Other Dividend

Current

Heart

Name

date

Dividend

Yield

Comments

Price

(PFLT)

PennantPark Float

3

0.095

1.14

10.32%

Monthly payment

11.05

(PNNT)

Pennant Park Inv.

3

0.15

0.6

10.14%

Raise .005

5.92

(GPC)

genuine parts

3

0.895

3.58

2.01%

177.78

(KO)

Coke

3

0.44

1.76

2.96%

59.56

(SLRC)

SLR investment

4

0.1367

1.64

12.06%

Monthly payment

13.6

(KMB)

Kimberly-Clark

4

1.16

4.64

3.74%

124

(FSK)

FS KKR Inv.

4

0.67

2.4

12.52%

60c+7c special

19.17

(MRK)

Merck

7

0.69

2.76

2.75%

100.31

(DNP)

DNP Select Inc Fund

eleven

0.065

0.78

7.24%

Monthly payment

10.77

(MONTH)

altria

eleven

0.94

3.76

8.26%

Raise 4c

45.62

(P.M)

Phillip Morris

12

1.27

5.08

5.61%

Raise 2 C

90.62

(MPW)

Medical Support Trust

13

0.29

1.16

10.34%

11.22

(MDLZ)

Mondelez

14

0.385

1.54

2.43%

63.47

(WPC)

W. P. Carey

14

1,061

4.24

5.58%

Raise from 1,059

75.99

(CGBD)

carlyle insured

14

0.34

1.59

12.70%

regular payment

12.52

special payment

14

0.06

special payment

(SEAL.PB)

Seapeak prf b

14

0.5313

2,125

9.10%

fixed preferred

23.35

(AC)

BC

17

0.6711

2.87

6.34%

Canada exchange rate

45.25

(XEL)

Xcell Energy

twenty

0.4875

1.95

2.93%

66.49

(FMC)

FMC Corporation

twenty

0.53

2.12

1.76%

120.17

(CSCO)

cisco

26

0.38

1.52

3.34%

45.5

(ARDC)

Ares dynamic background

31

0.1025

1.23

10.54%

Monthly payment

11.67

(RC)

capital ready

31

0.42

1.68

14.11%

11.91

Also READ  Tesla stock: $4 trillion points to a red flag (NASDAQ:TSLA)

PFLT, SLRC, DNP and ARDC monthly payers have been reliable with ARDC increasing their payment in August.

FSK provides a normal dividend of 60 cents and the special payment is considered just that, because it will change. That’s also true for CGBD with its base payout of 34c and a special that changes.

Dividend income is up 6% from 2021, but down ~35% without KEN’s whopping $10.25 per share payout. If that is excluded, it was actually down ~5.8%. Payments from the most recently sold, STOR, KGC and AEM were also missing; so it makes sense that the amount would be less.

2022 revenue remains on track to exceed 2021 revenue by 29.54%.

future income

Anticipating shipping companies KEN and ZIM to underperform 2023 because 2022 was a bumper year for shipping, estimated revenue will be less than ~14% but still outperform 2021 by 11.47%. Shipping stocks are risky and unreliable for stable income, as can be fully seen in the changing income statistics revealed this month.

Increases- 4

PennantPark Investment Corporation it has been increasing its dividend very slowly by 0.5c per quarter the last few times. Not very exciting but very encouraging with a 10.1% return on this BDC. My last article explored the 13 high-yielding financial sector stocks on RIG.

altria raised 4c from 90c to 94c. The 4.4% increase was somewhat lower than normal, but still welcome in very uncertain times for many businesses and the unfortunate issues it has had with JUUL ownership and numerous government regulations.

Also READ  Toyota's Large SUV Transformation Should Help Revenue and Margins (NYSE:TM)

Phillip Morris raised 2c from $1.25 to $1.27, which was small but really welcome with the many challenges in this market for tobacco product markers.

W. P. Carey, a triple-net real estate stock, made its normal low upset 0.2c gain. I guess it all adds up and upward dividends are always welcome and it still has a nice 5.6% yield.

October transactions

Portfolio management entered RIG and balanced out some overcrowded positions.

Healthcare value positions were getting too heavy/big so AbbVie (ABBV) and Johnson & Johnson (JNJ) were cut.

Also cut but more for overvaluation, in my opinion, were General Dynamics (GD) and Genuine Parts (GPC). Unfortunately, I probably made these cuts too early, as they are surprisingly still moving higher.

Part of RIG’s management was to increase the cash that was achieved and now stands at 11.1%. It will be used for value purchases when the market finishes capitulating to rising rates, inflation and employment problems; hopefully soon, date undetermined, but most likely sometime in 2023.

Summary and conclusion

RIG’s goal is first and foremost to generate revenue and retain value, which is very important. Quality line companies with high credit ratings and safe value comprise the majority of common stock in it.

The Rose/RIG Portfolio continues to outperform SPY by double digits, has a dividend income yield of 5.2% along with over 11.1% in cash; which should offer some favorable future value purchases.

The WTB/ Want To Buy/ list is updated for all RIG positions with low buy price and strong buy prices. Non-RIG stocks also have those prices and some DGR stats, along with the current 52-week high and low prices that are under ongoing review for purchase, if not me, but perhaps subscribers. I enjoy watching, evaluating, and the search for great stocks to own is a continual quest for investing happiness.

Also READ  Mazda Motor Corp.: I see no arguments in favor (OTCPK:MZDAY)

RIG is listed and remains exclusive to The Macro Trading Factory where 2 main portfolios are offered.

– FMP is a fund managed solely and exclusively by The Macro Teller with that portfolio outperforming SPY by 21.9%, Green by 1.78% while holding 56.7% in cash.

– RIG, as mentioned, has 82 shares mainly and is managed by RoseNose.

Current market volatility and uncertainty, inflation, Federal Reserve interest rate hikes, the housing market, and midterm elections will keep cash in the portfolio for now. The end of 2022 and into 2023 should offer better opportunities and a better perspective on what and where to invest.

Happy investing everyone!

Macro Trading Factory is a macro based service, run by a team of experienced investment managers.

The service offers two portfolios: “Fund Macro Portfolio” and “Rose Income Garden”; both aim to outperform SPY on a risk-adjusted, relaxed basis.

Suitable for those who have little time/knowledge/desire to manage a portfolio on their own and/or want to get exposure to the market in a simple, yet more risk-oriented (less volatile) way.

Covering all industries, each of our portfolios offers you a hassle-free solution that’s easy to understand and execute.

Leave a Reply

Your email address will not be published. Required fields are marked *