2022 Q1 Portfolio Review

Results season is finally over, which means it’s time for the first quarterly review of the year.

I’ll start with short-term performance and then move on to long-term performance, strategy tweaks, recent trades and my outlook for 2022.

You can continue reading this article on my new website, UKDividendStocks.com:

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Author: John Kingham

I cover both the theory and practice of investing in high-quality UK dividend stocks for long-term income and growth.

2 thoughts on “2022 Q1 Portfolio Review”

  1. What do you think of DS Smith John? I am 53 and approaching retirement and thought this was a good company priced at £2.50 a share. Plastics will slowly be replaced with Cardboard as a key ESG metric.

    1. Hi Suraj,

      It seems to be quite well-placed as you say, as a leading provider of cardboard and other sustainable packaging. However, I haven’t looked at the company in detail so I don’t have any opinion on its quality or valuation.

      One thing I noticed is that it does seem to have a lot of debt. According to data from SharePad, it has borrowings of £2.3 billion, whereas its profits are typically in the £200-£300 million range. That’s a debt to earnings ratio of about eight, which I think is a bit on the high side.

      Sorry I don’t have a better answer, but as I said, I haven’t looked at it in detail.


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