It’s time to reset our Dogs of the Footsie portfolio, selecting the 10 highest-yielding shares of the FTSE 100 index. Around half of 2018’s portfolio is carried over on to this year’s list, but there are also new names to get acquainted with. Here are our 2019 Dogs of the Footsie.
dogs of the footsie portfolio
The past 12 months have been tough for investors, as Trump’s trade war, US interest rates, Brexit and the slowdown in China have buffeted global stockmarkets. Against such an unstable backdrop, it is no surprise that over the past year most of our Dogs of the Footsie high-yielding shares failed to sparkle significantly – GlaxoSmithKline being a notable exception.
Our portfolio spans many sectors, from utilities to telecoms, financials retailers, and drug companies to tobacco firms.
Crisis at Capita neutered the Dogs over the past year, but the pack is still well ahead of the Footsie over the longer term.
The FTSE 100’s high-dividend yielders delivered gains up to 14.4 per cent, giving our Dogs Portfolio a diamond 2017.
According to Dogs theory, income is a crucial part of investment returns – and that is particularly true as inflation starts to creep up.
Despite record gains for our income growth portfolio, its manager fears a reversal and adopts a more cautious stance.