RE: Weathering the storm and maturity10 Apr 2021 15:30
Interesting conversation. Having lost a fortune on dodgy AIM oil/mining stocks, mainly due to believing a snake oil salesman and his many followers, I have rebuilt my portfolio and am currently in 68 quarterly dividend companies and IT's, out of 100 or so I identified. My portfolio has never looked as good, I find it a fascinating hobby tracking the dividend dates and making small adjustments to maximise the dividends. Like zac says, the whole key to great yields is getting in at the right time. I dumped quite a few companies last March when the stopped dividends. HSBC, XPP, British Land, Land Securities, Emperic, GCP Digs etc. With this money I topped up or invested in a few companies I wasn't in at the time, and all these are now paying a 10 percent plus yield (because I invested at the bottom) and they are all up 50 to 100 percent.
NRR is the only company I have stuck with that isn't paying a dividend at the moment. I made this choice because I believe NRR is one of a few companies who do care about their investors as well as their investments. I just wish I had topped up more at the lows because NRR is my biggest loser at the moment.
I never thought investing in dividend paying shares would be as interesting as the AIM companies. How wrong I was. I choose to only invest in the quarterly payers because they keep my interest so much better. There is always something happening. Having a wide ranging portfolio means there are always a few well in profit and a few way down.
The only downside I see is that there are a growing number of traders playing the quarterly dividends. It's easy in a rising market but impossible in a falling one.