Welcome to my final monthly portfolio results review of 2023. I hope you had a good break over the festive season, however you chose to spend it.
This update will be followed next weekend by my annual portfolio performance review.
Just two companies from my portfolio issued results in December, so I took the opportunity to spend a little more time than usual looking at each of these businesses.
I think it's fair to say both of these companies fall into the contrarian camp at the moment. But I'm cautiously optimistic that they each offer value and growth potential over the longer term.
In the meantime, I hope that net cash balance sheets and robust free cash flow will continue to support both companies' 20+ year dividend records and attractive yields.
Portfolio top ups
As a quick reminder, in a scheduled (virtual) trade, I topped up five of the model portfolio's positions at their closing prices on 29 December 2023.
Let's move on and take a look at December's results.
In this month's report
Here's a summary of the company results covered in this report, with a link to each section: