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
Characteristic | Value |
---|---|
Number of Stocks | 51 |
Average Market Cap | $17B |
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 12/31/24
Company Name | Weight (%) |
---|---|
Tapestry Inc | 2.93 |
Dick's Sporting Goods Inc | 2.84 |
Sylvamo Corp Ordinary Shares When Issued | 2.59 |
Coca-Cola Consolidated Inc | 2.56 |
Bank of New York Mellon Corp | 2.49 |
Wells Fargo & Co | 2.44 |
Janus Henderson Group PLC | 2.43 |
Fulton Financial Corp | 2.42 |
M&T Bank Corp | 2.31 |
UGI Corp | 2.23 |
Performance as of 12/31/24
Sector Distribution as of 12/31/24
Sector | Weight | |
---|---|---|
Financial Services | 31.42% | |
Consumer Cyclical | 17.16% | |
Consumer Defensive | 13.51% | |
Utilities | 8.16% | |
Basic Materials | 7.52% | |
Industrials | 6.02% | |
Healthcare | 5.06% | |
Energy | 4.53% | |
Technology | 3.33% | |
Communication Services | 3.28% | |
Cash | 2.74% |
Source: Morningstar Direct