July '25 dividend portfolio update: 50% profit margins + 2 profit warnings!

July brought strong results from two of my portfolio holdings, solid results from a third and – sadly – two more profit warnings.

In this update I review all of this news and explain which of the shares in the model portfolio is most likely to be on the chopping block at the end of the quarter.

Companies covered in this update include one of the largest firms in the FTSE 100, a FTSE 250 firm with a near-50% profit margin and three AIM-listed dividend stocks.

Read on for my thoughts on all of these shares.

As a quick reminder, my model dividend portfolio broadly mirrors the shares in my main personal portfolio, although position sizing and cost will vary for practical reasons.

Please note that my comments reflect my personal views and are not investment advice or recommendations. Please do your own research and seek professional advice if needed. Full disclaimer here.

In this month's report

Here is a list of the topics covered in this month's report, together with a short summary of the longer sections below.

Please scroll down for the full report, or click on the links to go directly to a specific section.