Visualization is often easier to understand than numbers. Hence over the weekend, I took time out to add more graphs that would allow you to visualize dividends generated by your portfolio and answer questions about them at a quick glance.
1) Are your dividends growing over the years? What about the cost yield?
2) Are you over-reliant on a particular sector, industry, or stock?
These new graphs allowed me to understand my portfolio from another perspective. The pie charts over the years reveal that I am becoming over-reliant on REITs and banks for dividends. >90% of my 2017 dividends so far are from them.
With this information, I will likely weigh against adding more REITs or bank stocks if I intend to hold them and have them generate passive income for me in the long run.
Hopefully, these graphs will also help shed new light on your portfolio and help you make better investment decisions.
p.s.: Not everyone agrees on the labeling of sectors and industries. The current labeling in place is simply what my upstream data provider has provided me with. I will work on enabling users to define their own labeling of sectors and industries (i.e. tagging).
