Megathread - 🔥 Dividend Fest 🔥

I did most of my investing in march 2020 and beyond BUT being a bit of dick, I didn’t read Hargreaves Lansdowne charges properly. It’s 0.45% for an ISA but with a maximum of £45 as long as you stick to ETFs and shares. So I missed out on 1 years worth of ISA.
Moved ISA to freetrade about a year ago.
So I have put in £20,000 cash (equity release) January 2021. Thereafter sold shares to put in ISA, either buy back or buy something else.
Started with investment trusts with dividend reserves. Changed as the market changed. Now about 50% in private equity investment trusts.
So total into ISA £60,000. 2weeks ago broke through the £95,000 mark!
Today £90,130!!!
Changing tack when you can see the market has changed and discounts abound in different sectors is the way to watch your investments grow substantial above just sticking to one strategy like investing for dividends.
It’s also a great way of watching your investments fall over a cliff (a bit of an exaggeration).
Either way I see most of my present investments as longer term. Namely private equity it’s always been the best sector in the investment trust universe…by a long way.

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Fell to £88,000. Arhhhh
Back to £90,000. Along way from £95,000 from 2 weeks ago!
I am not going to be able to move house at this rate.
Although Plan is 3-4 years time.
Alternative plan is not to bother.
I do have other accounts. SIPP, general account at freetrade and one at Hargreaves Lansdowne.
The problem is I want to move and have a decent amount invested so I can lead the life of Riley.
I want it both ways.
I believe it’s called greed!
I am a fan!

£91,500!
Market behaving more rationaly?
3i was a big faller for me.
The main sector it investments in (well over 50%) is European discounters.
A rise in UK interest rates will impact them in what way?

This thread is about dividends so people would probably want to know what yield/dividend you got on your £91.5k portfolio?

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anyone received their Dividends on VUSA, VHYL, etc?
it’s about time!

Oops wrong thread again.
I Posted this elsewhere but more to do with dividends

Low interest rates made growth a better option…
Therefore change is opun us?

Best month so far this year for dividends in my ISA:

image

Portfolio size around £70k.

Of the above, I have sold Civitas Social Housing as I’m no longer convinced they’re a long term ‘Hold’ (for me) - resulting funds (sold at slight loss) were just spread across other existing investments.

I’m missing a few divis from Freetrade which were due in June, but will just add those to July when I get them.

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Nice work @weenie :slightly_smiling_face:

I had Civitas took the offer price. 80p well below the NAV, 107p NAV (I think)
Although a nice profit for me, it was a very low offer.
Odd that the directors recommended it.
Put some into SOHO but most went elsewhere.

Reference dividends from REIT in ISAs.
Freetrade aren’t claiming back tax.

“We do reclaim tax on PIDs in ISAs, however this is something that has been paused for the moment. We’ll be sure to let you know once this has been resumed”

Pity they don’t tell you this before you buy.
Losing 20% of your dividends just because they can’t be bothered to ask the tax man for it back.
Note I had a REIT in a sipp in Hargreaves Lansdowne, they don’t claim it back because it never taken out in the first place.

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Ive just bought some Reits in my ISA on the basis that Freetrade claimed the PID element back. @Freetrade_Team Why Have you stopped reclaiming this and when do you intend on starting again?

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Also did not know this. Have been in the process of selling up my Reits and rebuying in my ISA. Pretty shoddy if this is the case.

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Good job @weenie ! That’s a very nice amount.

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I think all of my June investments have now come in.

A very nice month at £132.41 :slight_smile: Second highest month for me.

Total 2023 dividend now sits at £418.06.

Dividends per month for 2023 vs 2022, 2021 and 2020 is also going strong.

And some stocks have now paid me back over 10% of my initial investment.

All going in the right direction on a portfolio ~£25,000 and monthly investment of £550.

Stock events now has me down for a monthly average of £80.88, daily average of £2.66, yield of 3.93%.

Happy with this. July and August are typically low for me but everything is going in the right direction :slight_smile: For those just starting their dividend journey, just keep going! :smiley:

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I was listening to a podcast which posed an interesting question: why would you invest in dividend stocks for an average yield of about 4% when you can get 4-6% relatively risk free with cash? :thinking:

Think because you get the value of the stock increasing and the divident iver time cola for example

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But that’s no guarantee, of course. For every Coke, there are lots of duds. A fair few dividend stocks that are popular in these parts are down 15-30% in share price terms over five years, for example.

Right now, with 6% interest available on cash and your money virtually/literally guaranteed, I think it’s tricky to justify the risk to your capital that comes with investing for income.

Anyway, I think it’s an interesting question and it’s making me rethink one investment.

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Because at some point rates will go lower - then we are screwed. Meanwhile the dividends and shares continue compounding.

You will always have losers in a portfolio.

Have to watch the £1000 cap before tax also - obviously stick a dividend investment compounding in a stocks and shares isa is a good way forward (for me anyway)

You can still take it within an ISA, just using short duration government bonds or similar. The asset class decision is separate to the ISA/GIA decision.