Compound Interest 2022/23

10th April 2023

The financial year 2022/23 ended on a high with total portfoilo dividends surpassing £19.070.30

($23,603.29 for those of you across the pound).

First quarter income increased YOY by 18.84%.

First quarter income was helped with increases from BP, SHEL, CSCO, HL, PZC, MMM, BY.

Portfolio dividend yield is moving in the right direction at 4.34% with a cash holding of 3%.

I am awaiting suitable opportunities when my target stocks are trading at more reasonable values.

The main portfolio objective for FY 23/24 is for more diversification by adding new holdings rather than increasing existing positions.

Happy Investing!

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