Portfolio shares: Direct Line's 9% yield looks safe to me
FTSE 250 insurer Direct Line Insurance (LON:DLG) boasts a forecast dividend yield of 9%. I explain why the stock is a member of my model portfolio.
![Portfolio shares: Direct Line's 9% yield looks safe to me](/content/images/size/w1200/2022/03/red-telephone-sm.jpg)
FTSE 250 insurer Direct Line Insurance (LON:DLG) boasts a forecast dividend yield of 9%. I explain why the stock is a member of my model portfolio.
I review results issued by two of my dividend portfolio shares in June. While one is approaching a cyclical slowdown from a position of strength, I think the second may be facing greater challenges.
Dividend income from my model portfolio continued to rise in Q2 and is on track for full-year growth. However, capital gains lagged the FTSE 100, leaving room for improvement.
This 100-year-old business boasts enviable profitability and an impressive dividend track record. I hope it will provide me with more peace of mind than the stock I'm selling.
I review updates from FTSE 350 dividend shares WH Smith and B&M, plus struggling AIM engineer Gooch & Housego. Do any of them offer opportunities for my income portfolio?
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