Conservative Retirees Portfolio

Portfolio Objective

The Conservative Retirees portfolio seeks to preserve capital and deliver a very safe, above average dividend yield. Dividend income is expected to steadily grow at a moderate rate, and the portfolio is expected to keep up with the S&P 500 over time.

We expect the portfolio to underperform in bull markets and significantly outperform in bear markets due to the defensive nature of its holdings.

Total return is expected to be composed of:

3.5% – 4.5% dividend yield
4% – 6% earnings growth

Investment Philosophy

We invest in high quality companies with enduring competitive advantages, long operating histories, shareholder-aligned management, and large markets that provide opportunity for long-term growth. These businesses maintain reasonable payout ratios, generate consistent free cash flow, and have healthy balance sheets, providing a sturdy foundation for consistent dividend increases.

When we make an investment, we take a patient, long term investment horizon and expect to hold the stock for at least five years, keeping portfolio turnover low. Generally speaking, we will only sell a stock if the safety of the dividend payment has come into question, the company’s long term earnings power appears to have become impaired, the stock’s valuation reaches seemingly excessive levels, or we find a more attractive idea.

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Click on any ticker symbol below to learn more about the company, view 25+ years of dividend data, and quickly analyze 10+ years of key fundamental metrics. Each stock has been analyzed in-depth. Please review our dividend newsletter for the most recent trade alerts, stock analysis, and performance data.

Conservative Retirees

Ticker	Company Name	Sector	Industry	Category	Size	Size_Details	Safety Score	Growth Score	Yield Score	Dividend Yield	Dividend_Growth_Streak	EPS_Payout	Five_year_EPS_Payout	FCF_Payout	Five_year_FCF_Payout	Ex_Dividend_Date	Pay_Date	One_year_dividend_growth	Three_year_dividend_growth	Five_year_dividend_growth	Ten_year_dividend_growth	Annual_Dividend	Dividend_Amount	Payment_Frequency	PE_Ratio	FCF_Yield	EV_Sales	EV_EBIT	PB_Ratio	Entry Date	Entry Price	SPY_Price	Stock Return	S&P 500 Return	Relative Return	Entry_Date_Two	Research
AEP	American Electric Power	Utilities	Electric Power	0.29	32763	Large: $10B to $100B	80	9	75	3.7	5+ Years	63.0	64	107	213	02/08/2018	03/09/2018	5	6	5	4	2.5	0.6	Quarterly	17.4	3.4	3.5	15.8	1.8	06/19/2015	$54.47	200.2	35.0	37.5	-2.6	06/19/2015
CCI	Crown Castle International	Real Estate	Other REIT	0.2	45435	Large: $10B to $100B	61	38	75	3.8	< 5 Years	79.0		185		03/15/2018	03/30/2018	8	28			4.2	1.1	Quarterly	25.7	1.8	13.0	51.9	3.6	11/07/2017	$111.51	257.4	1.2	7.0	-5.7	11/07/2017
XOM	Exxon Mobil Corporation	Energy	Integrated Oil	0.83	311877	Mega: > $100B	71	26	79	4.2	20+ Years	100.0	35	85	99	02/09/2018	03/09/2018	3	4	7	8	3.1	0.8	Quarterly	24.0	4.9			1.7	07/31/2015	$79.29	199.9	3.7	37.7	-34.0	07/31/2015
Join Now	Join Now	Consumer Staples	Miscellaneous Food	0.63	29482	Large: $10B to $100B	85	45	75	3.8	10+ Years	70.0	62	61	55	01/09/2018	02/01/2018	8	7	10	10	2.0	0.5	Quarterly	18.6	6.2	2.4	14.6	6.9	06/17/2015	$55.25	199.0	2.4	38.4	-36.0	06/17/2015	Join Now
Join Now	Join Now	Medical	Pharma	0.82	355002	Mega: > $100B	99	89	57	2.5	20+ Years	57.0	53	46	47	02/26/2018	03/13/2018	5	6	7	7	3.4	0.8	Quarterly	23.0	5.4	4.9	17.7	4.8	06/25/2015	$99.12	199.3	43.9	38.2	5.7	06/25/2015	Join Now
Join Now	Join Now	Consumer Discretionary	Food & Restaurants	0.67	125721	Mega: > $100B	78	29	58	2.6	20+ Years	54.0	65	88	73	02/28/2018	03/15/2018	6	5	6	10	4.0	1.0	Quarterly	22.8	2.7	6.5	16.2	-36.3	07/07/2015	$96.68	197.5	77.0	39.4	37.7	07/07/2015	Join Now
Join Now	Join Now	Consumer Staples	Tobacco	0.91	164037	Mega: > $100B	70	20	78	4.1	5+ Years	92.0	79	97	91	12/20/2017	01/11/2018	2	3	5		4.3	1.1	Quarterly	23.3	4.1	2.5	17.6	-17.0	06/19/2015	$82.66	200.2	43.6	37.5	6.0	06/19/2015	Join Now
Join Now	Join Now	Consumer Staples	Soap & Cleaning Preparations	0.66	199159	Mega: > $100B	99	45	73	3.5	20+ Years	48.0	59	74	59	01/18/2018	02/15/2018	2	3	5	8	2.8	0.7	Quarterly	13.9	4.7	3.3	15.6	3.6	07/01/2015	$79.72	197.0	8.2	39.7	-31.5	07/01/2015	Join Now
Join Now	Join Now	Utilities	Diversified Communications Services	0.55	197651	Mega: > $100B	73	16	83	4.9	10+ Years	60.0	50	180	40	01/09/2018	02/01/2018	2	3	3	3	2.4	0.6	Quarterly	12.5	2.7	2.5	10.1	7.0	06/30/2015	$46.61	195.5	18.1	40.8	-22.7	06/30/2015	Join Now
Join Now	Join Now	Technology	General Semiconductors	1.09	242082	Mega: > $100B	99	72	53	2.3	< 5 Years	38.0	40	44	43	02/06/2018	03/01/2018	4	6	4	9	1.2	0.3	Quarterly	18.1	4.7	4.1	15.0	3.4	07/15/2015	$29.69	200.0	89.6	37.7	52.0	07/15/2015	Join Now