Recently I made a purchase of 34 shares of BHP Bulliton Plc (BLT.L). It is a diversified natural resources company operating in 9 segments and 100 locations worldwide. The company has a solid dividend growth history in recent years and a current yield of around 3.80%. Return of Equity is just over 15%, while PE ratio is just under 15. 5-year dividend growth rate is over 10% and payout rate of 56%. It just makes the cut meeting most of the criteria. However, there is one red flag. The 5-year EPS growth rate is negative for both the company and the industry.
As I have no exposure to Mining/Metals space right now, this should provide good diversification. Over the next couple of years I see economies fully recovering and this stock should do well. Dividends should remain steady, with a hope of some growth. This seems to be a good addition to my portfolio. Check out my portfolio for a full list of holdings.
Zen Fund Portfolio
I invested in the London listed stock as that is more tax efficient for me (I have to pay 0 taxes on the dividends).
As I have no exposure to Mining/Metals space right now, this should provide good diversification. Over the next couple of years I see economies fully recovering and this stock should do well. Dividends should remain steady, with a hope of some growth. This seems to be a good addition to my portfolio. Check out my portfolio for a full list of holdings.
Zen Fund Portfolio
I invested in the London listed stock as that is more tax efficient for me (I have to pay 0 taxes on the dividends).
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