Expanded Portfolio Holdings with Buy-Hold-Sell Ratings: Dividend-Growth Stock Portfolio (for Founding Members)

Also, Top-5 Holdings As of Oct 31, 2025

Here are the top 5 holdings of our Dividend-Growth Portfolio, along with their expanded ratings/grades and current buy-hold-sell opinions …

Largest Holding: Microsoft

Second-Largest Holding: American Express

Third-Largest Holding: Allegion

Fourth-Largest Holding: Lam Research

Fifth-Largest Portfolio Holding: Thermo Fisher Scientific

Note: the valuation methodology used by this portfolio is a combination of value and growth-at-a-reasonable-price, which may differ from some of our other strategies.

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Attached are the complete holdings of our Dividend-Growth Stock Portfolio at the end of October.

The portfolio consists of 2 strategies:

1. Dividend-Growth Stocks (high-quality companies with a history of paying and increasing dividends … this is the majority of the portfolio).
   

2. Under-the-Radar Dividend-Payers (companies that have recently started paying dividends and the hope is they eventually become the future dividend-growers; these companies, along with companies that increase their dividends, have historically out-performed the market).

Through the end of the month, the portfolio has an annual total return of +22.08% (the portfolio was started on January 3, 2022).

However, the Under-the-Radar Dividend-Payers have been a slight drag on the portfolio’s return, with an annual total return of +15.28% over the same time period.

Going forward, there’s a good chance that I will focus our weekly investments in Dividend-Growth Stocks since their performance has been better, and they generally tend to be higher quality than the Under-the-Radar Dividend-Payers.

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Attached Portfolio Holding Data Includes:

Basic Company Info:

1. Company Name

2. Symbol

3. Sector

4. Sub-Industry

5. Strategy (either Dividend-Growth or Under-the-Radar Dividend Payer)

6. Percentage Weight In Portfolio

Dividend Data:

1. 3-Year Dividend Growth Rate

2. 5-Year Dividend Growth Rate

3. 7-Year Dividend Growth Rate

Payout Ratio Data:

1. Payout Ratio (lower is better, and preferably the same or lower than the company’s 7-year average payout ratio)

2. Company’s 7-Year Average Payout Ratio

3. Forward Payout Ratio (the company’s current annual dividends-per-share divided by its estimated future earnings per share; if the forward payout ratio is lower than the company’s 7-year average payout ratio, it increases the chances of the company raising its dividend)

Quality Grade

1. Risk / Uncertainty

2. Moat / Competitive Advantages

3. Management Grade

4. Financial Health Grade

Dividend Grades

1. Grade for Recent Dividend Growth & Current Yield

2. Grade for Dividend’s Growth Potential

Outlook

1. Sector Outlook

2. Sub-Industry Outlook

3. My Current Buy/Hold/Sell Rating

Attached are the portfolio holdings, along with expanded ratings, including current buy-hold-sell opinions (available only for Founding Members).