Very soon after I took on the role of Amateur Investor on 1st August 2011, I decided to separate out shares I buy for their dividend income from shares I buy for other reasons. My account with The Share Centre allows me to have multiple trading accounts so I set one up called HYP (high yield portfolio) into which I would put my, hopefully, high yielding shares.
I quickly realised that my High Yield Portfolio (HYP) is going to be an important part of my overall investing strategy. So as well as the separate HYP trading account I’ve created, I thought it was worth giving the HYP its very own page.
At the outset my HYP contained the following shares:
(The percentages show the yield based on their last published accounts according to my Share Centre information)
Astrazeneca (AZN) – 5.4%
Aviva (AV.) – 6.5%
BAE Systems (BAE) – 5.3%
BAT (BAT) – 4.6%
GlaxoSmithKline (GSK) – 5.2%
iShares Markit iBoxx £ Corporate Bond ex-Financials (ISXF)
iShares FTSE UK Dividend Plus (IUKD)
Legal & General (LGEN) – 4.9%
RSA Insurance (RSA) – 7.0%
Royal Dutch Shell B (RDSB) – 4.9%
Scottish & Southern Energy (SSE) – 5.9%
Vodafone (VOD) 5.0%
These shares provided a good level of dividend income for some time, and while the original holdings have now been sold, the Amateur Investor focus is still on income – albeit now via investing in funds – particularly income funds producing regular income.
This article will be updated once these high income funds have started producing a dividend income stream.
5/1/2012: Purchase of more Segro shares
9/12/2011: Addition of MedicX Fund shares
3/11/2011: Various purchases including Go-Ahead Group
1/11/2011: Addition of Ashmore Group (ASHM)
24/10/2011: Addition of Hansteen Holdings (HSTN)
17/10/2011: Addition of Interior Services Group to HYP
14/10/2011: Addition of WH Smith shares to the HYP
26/09/2011: Purchase of more RSA shares and addition of Game Group to the High Yield Portfolio using some dividend income.
23/09/2011: Addition of more Aviva (AV.) shares
16/09/2011: Purchase of Nat West 9% Preference Shares
6/9/2011: Addition of more Aviva and Centrica shares, reducing average buying price of both.
5/9/2011: Addition of Lloyds 9.25% non cum irrd pref.
1/9/2011: Purchase of Amlin (AML) at 313.125p per share.
25/8/2011: Purchase of Centrica (CNA) at 306p per share.
24/8/2011: Purchase of Admiral (ADM) at 1434.75p per share.
16/8/2011: Purchase of Merchants (MRCH) on 16th August 2011 – Last year end yield stated as 5.6% (to 31 January 2011). For details of this addition to the High Yield portfolio visit An addition to my High Yield Portfolio.