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One quarter ago, on July 1, I started a new model portfolio called the Dividend Growth 30, which features 30 dividend growth stocks that I believe will be solid long-term buy-and-hold investments. Following up on September 30, I will take a look at the portfolio’s performance, and notable items – which stocks did well, which did not? We will also take a look at how dividend changes have impacted the portfolio’s income.

Buffett says to buy qualitySource: imgflip.com

Quick Recap

In summer 2020, shortly before turning 30, I decided to build a model portfolio that includes stocks which I believe will do well over the coming decades. I thus chose companies with strong market positions and wide moats versus competitors that should do well in different market conditions. More on the reasoning for individual stocks can be read here. The original article also includes more info regarding why I decided to build this portfolio and why I am writing about it.

One Quarter Has Passed

At the end of Q3, following the market close on September 30, I took a look at what the portfolio looked like following its first quarter. On a share price return basis, the performance has not been bad:

Source: Author’s calculation

During the first three months, the portfolio delivered a return of 4.4% before dividends. Not all stocks moved in line with each other, however, as there were quite wide discrepancies.

Winners

Stocks with a 10%+ share price increase during the quarter include Abbott Laboratories (ABT), Albemarle (ALB), Broadcom (AVGO), Brookfield Renewable Partners (BEP), Estée Lauder (EL), Home Depot (HD), Nike (NKE), and Pentair (PNR).

Brookfield Renewable was the overall best performer, with a 37% share price gain, adjusted for its stock split during the quarter. This came on the back of an increasing market focus on

Digital Consulting firm ADROSONIC, today announced a strategic partnership with Riversand, a US-based multidomain Master Data Management (MDM) and Product Information Management (PIM) solution provider, to develop and deliver cloud-native MDM and PIM solutions with rapid deployment to Insurance markets, specifically in the UK and the USA.

Recognised as the only Visionary by Gartner in its Magic Quadrant for Master Data Management, Riversand has disrupted the traditional PIM and MDM markets. ADROSONIC will leverage its Insurance domain knowledge and success in the UK Insurance market with Riversand’s technology to create strategic and competitively advantageous solutions for its clients. Beyond Insurance, ADROSONIC’s depth includes other domains such as Manufacturing.

“ADROSONIC’s strong domain knowledge within Insurance, Manufacturing and Social Welfare organisations is unparalleled in Europe and the US,” said Jasleen Ahluwalia, vice president of Business Development at Riversand. “Their extensive experience in delivering multiple complex data projects, combined with their expertise in Quality Assurance and Automation and fast implementation, will benefit customers and help them realize better competitive value.”

“Riversand’s intuitive, 100 percent cloud-native MDM and PIM solution caters to both B2B and B2C markets. When coupled with ADROSONIC’s domain knowledge and expertise in handling complex data projects and comprehensive delivery methodology, this promises cost efficiency and quicker time-to-value, thus lowering the total cost of ownership for the business,” said Mr. Mayank, CEO and MD at ADROSONIC. “Organisations going through a digital transformation journey are looking for MDM solutions that can be integrated with their cloud-first strategy and our combined efforts fit perfectly with their needs.”

About Riversand

Riversand’s cloud-native master data management solutions are designed to support customers’ digital transformation journeys through improved business agility, faster adoption and improved collaboration across the enterprise. Driving data to experiences, Riversand has a vision of helping companies know their customers better, move products faster,

SYDNEY, Sept. 29, 2020 /PRNewswire/ — Ascenda, a global loyalty solutions company has been selected by Virgin Money Australia (part of the Bank of Queensland Group) to deliver market-leading reward capabilities within its newly announced digital bank.

Virgin Money Australia partners with Ascenda to deliver new loyalty program later this year.
Virgin Money Australia partners with Ascenda to deliver new loyalty program later this year.

The partnership will leverage Ascenda’s market leading technology to help launch a new loyalty programme that aims to reimagine the way customers are engaged and rewarded. Virgin Money Australia will look to reward customers for positive behaviours beyond transactional spend or upfront bonuses that traditional programmes focus on.

The new loyalty programme has been designed with Virgin Money Australia customers at the heart of the experience. A programme that will allow customers to earn points and unlock personalised offers, all from the palm of their hands anywhere in the world.

Virgin Money Australia customers will be rewarded on a wide range of everyday behaviours, like achieving their savings goals, staying within their spending target, shopping online or on purchases they make in store.

Mr Greg Boyle, Virgin Money Australia CEO said: “Australians are well aware of the value they deliver to the banks, but they don’t believe this is reflected in the service they receive. Instead they feel unrecognised and undervalued. We’re going to change that. We want our customers to feel recognised and rewarded every day they’re with us. Recognising loyalty should go beyond typical upfront bonuses or transactional rewards. We want to share value with our customers, whether it’s as they grow their relationship with us, to help them celebrate achieving their own financial goals, or to thank them for choosing us.” 

“Ascenda’s cloud-based API and white label capability is key to helping us achieve this. It will allow us to offer