EP #16 - Q3 Dividend Portfolio review

Dividend Talk

this week we reviewed both our portfolios in relation to its Q3 performance.

We started the show with the news of the week

EMF asks European DGI about his opinion of Unilever's HQ move to the UK. eDGI shares his historical perspective for this move and why it makes sense to choose the UK. He does bring up the point though about its dividend reliability if Unilever starts to use the British Pound as their base currency. Will it mean that Euro investors will be exposed to additional currency risk?

https://www.thisismoney.co.uk/money/m...

EMF also shares the recent news about Shell. Shell is planning to cut up to 9000 jobs and we talk about what it might mean for the company.

https://edition.cnn.com/2020/09/30/bu...

EDGI shares his thoughts about Bayer. Bayer just announced an adjusted performance outlook. It also gave a heads-up about upcoming impairment charges in its agriculture business. What to do with Bayer, that’s really the question.

https://www.investor.bayer.com/en/nc/...

Last but not least, EMF and eDGI also share their support for Beurswolf’s S&P500 major league. They find it a very interesting and competitive contest. They’re recommending everyone to join the contest via Twitter.

https://beurswolf.com/2020/09/28/sp50...

Main Topic:

The main topic was about reviewing their portfolios and how it performed in Q3 2020. eDGI’s income from dividend was still growing strongly while his absolute portfolio value stayed flat. This was mainly due to a drag down in his Oil stocks and net new monthly contributions. EMF mentioned that Q3 was all about cleaning up his portfolio. He sold 15 positions and started to put strength back in his portfolio by focusing on high quality positions, Also EMF enjoyed a strong growth in his year-over-year dividend income.

Listeners Questions:

This week we answered the below questions:

Andrew - I have been assessing Glaxosmithkline (GSK) and have opened a small position. What do you think of this as a good pharma purchase.

Danny - Thoughts on how Trump catching Covid might affect the presidential race along with the stock market ?

Centrino - $XOM : buy now for its high divi (oil is still there for many years) ? Or run away, because future is electric and gaz?

Letuscompound - Thoughts on our favorite laggard Shell? 30 min rant from edgi please :)

Phil - Is taxation a reason for you not to invest in something

Gerry Farrel - Any thoughts on Neste Oyj? Neste Oyj is a Finland-based company engaged in the refining and marketing of petroleum and petroleum products

Last but not least, we both shared our stock pick of the week.

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At your service,

- Engineer My Freedom -🕊 https://twitter.com/EMF_01

- European Dividend Growth Investor - 🕊 https://twitter.com/European_DGI