Value Line High Dividend Portfolio

Participate in the income potential of U.S. companies with a consistent history of distributing profits to shareholders. The Value Line High Dividend Portfolio invests in companies that have demonstrated a history of consistent or higher dividend payments over eight consecutive quarters.

Investment Objective

Capital Appreciation and Income

Portfolio Characteristics

Number of Stocks 52
Average Market Cap $22B
Trading Frequency Quarterly
Rebalancing Frequency Annually

Investment Approach

Candidate companies have demonstrated a history of distributing profits to shareholders through consistent or higher dividend payments over eight consecutive quarters. At selection, companies must also have a Value Line® Timeliness™ Rank and Value Line® Safety™ Rank of 1, 2 or 3; a stock price of at least $5; and market capitalization of at least $2 billion; in addition to other proprietary criteria. The Portfolio will consist of approximately 50 positions.

How Stocks Are Selected

The Portfolio will consist of stocks meeting the following criteria:

  • Dividend paying stocks and ADRs
  • Stock price at least $5 and market capitalization at least $2B
  • Consistent or growing dividend
  • Value Line® Timeliness™ Rank and Value Line® Safety™ Rank of 1, 2 or 3
  • Additional performance criteria
  • The Portfolio consists of approximately 50 stocks
  • Companies are generally selected each quarter with a monthly review for Rank changes
  • Portfolio weights are rebalanced annually

Top 10 Holdings (%) as of 03/31/24

Company Name Weight (%)
Dick's Sporting Goods Inc 2.80
Broadcom Inc 2.44
Boise Cascade Co 2.41
Target Corp 2.37
PACCAR Inc 2.32
Tapestry Inc 2.28
Victory Capital Holdings Inc Class A 2.27
Marathon Petroleum Corp 2.22
Fastenal Co 2.18
International Business Machines Corp 2.13

Performance as of 03/31/24

Name QTD YTD 1 Year 3 Year 5 Year Since Incep*
Value Line High Dividend Portfolio (Gross) 10.58% 10.58% 27.13% 13.07% 14.66% 14.75%
Value Line High Dividend Portfolio (Net) 10.46% 10.46% 26.62% 12.61% 14.21% 14.29%
S&P 500 Index 10.56% 10.56% 29.88% 11.49% 15.05% 14.95%

*Since Inception returns reflect the Composite inception date of 10/31/2018.

Performance shown for periods 1 year and greater are annualized.

Net Returns are inclusive of EAM’s investment advisory fee of 40 bps and no other transaction costs. Actual fees incurred by clients may vary because of additional bundled fees, such as custodian fees, other management fees, or platform fees, that are not fees charged by or known to EAM. All investments involve risks, including loss of capital, and there is no guarantee that investment objectives will be met.

Sector Distribution as of 03/31/24

Source: Morningstar Direct