(04-16-2014, 07:20 AM)hendi_alex Wrote: IMO it doesn't make much sense to own more than 2-3 tickers from this list. Too much overlap, similar exposure. Owning six just complicates things further, and gains no real advantage.
That is one view. Here is my view - the six I own are core holdings.
KO yields 3.2%. 3 and 5 year dividend growth rates - 8.6 and 8.1%
GIS yields 3.2%. 3 and 5 year dividend growth rates - 11.5 and 12.5%
UL yields 3.3%. 3 and 5 year dividend growth rates - 8.55 and 8.57%
JNJ yields 2.7%. 3 and 5 year dividend growth rates - 6.9 and 7.5%
PG yields 3.2%. 3 and 5 year dividend growth rates - 7.7 and 8.5%
KRFT yields 3.8%. Not even time since the spin-off from KFT to have established those dividend growth rates.
I think you overstate the degree of overlap, but that is a call each of us gets to make. In a sub-2% inflation environment, I am more than delighted with the yield, the dividend growth rates and the dividend growth history of these companies.
This does not feel at all complicated to me.
Yields from yahoo finance, growth rates from dividend investor.com