Welcome to the MAY edition of my DivGro 2.0 newsletter!
April was a tumultuous month, instigated by the Trump Administration's so-called Liberation Day tariff announcement on 2 April. President Trump slapped reciprocal tariffs on 185 countries, with the new levies ranging from a 10% baseline tariff to additional duties for nations considered to be the "worst offenders."
The announcement caused widespread panic selling and a significant increase in market volatility. Some estimates place the global stock market loss at $8.56 trillion between 2-8 April.
My DivGro portfolio wasn't spared from the turmoil. I closed five positions,
including two of my largest closed-end fund holdings, so DivGro now contains
87 positions. Of these, 71 are dividend growth [DG] stocks, one is a
dividend-paying stock, five are closed-end funds, and ten are small
investments in high-growth stocks. By convention, I label stocks with dividend
increase streaks of five or more years DG stocks.
Please read my May 2025 Newsletter at DivGro 2.0!
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