As in 2019 we look how companies that we are invested changed their dividends in 2020:
|Company||Y2019 Dividends||Y2020 Dividends||Change|
|🚿Proctor & Gamble||0,746||0,791||+6%|
|🔌American Electric Power||0,700||0,740||+6%|
|🏢Brookfield Property Partners||0,330||0,333||+1%|
|🏢Simon Property Group||2,100||1,300||-38%|
|⛽Royal Dutch Shell||0,470||0,167||-65%|
Again as in 2019 we have low dividend growth portfolio with annual increases of 2-6%↗️. Looks like my two Healthcare JNJ and PFE💊 stocks were the most growing their dividends. This makes me wonder to increase my holdings there as it makes only 8%. Two holdings KHC🍅 and XOM⛽ maintained their dividends. Took a look at how KHC is doing and actualy doing quite well, growing sales and cash flow. Ignore the Net loss due to goodwill writr-offs its a none-cashflow item, company generates profit and grows it. GIS🥘 finally increased dividends this year.
The we have a bottom reds🔻dominated by Oil and REIT companies. Sad about BPY🏢 that managed to hold their juicy dividends and even increased if compared 2019 to 2020. So my largest holding BH🏢 recovered dividends in Q4 and now has only -2% YoY. SPG🏢 slashed its dividends by suprisingly small -38%, I actualy predicted by half. Then came the oil companies – major disappointments of 2020: BP⛽ -50% actualy bearable cut, but RDSA⛽ -65% or cut by x3 was too much and if not 35€ fee for sale in AMSD exchange it would be sold. Now RDSA is put in a L/T investment box with a hope that it will turn out to become leading renewable company in the future. Actualy I have such hopes for both BP and RDSA that in 10-20y they will become leading global renewable companies. This is the way (cheesy saying from one serial) 😊 XOM should follow, but I think that they could remain more into oil then the European counterparts. Last we have WFC🏦 my main investment mistake in 2020. I had a very good Lesson learned – stick to your strategy. For that I thank 2020.