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.