Chowder Rule
Buys dividend payers by the Chowder Rule: dividend yield plus the annual dividend growth of the past five years has to add up to at least 12 percent; if the yield is under 3 percent, it has to be at least 15 percent, so that pure growth without a meaningful payout does not slip through. The math uses the real payout history, meaning the calendar-year totals per share, adjusted for stock splits. Only shares our own deep-dive analysis rates green are bought — yellow or no analysis at all is not enough. New positions are added four times a year; a share is sold as soon as it no longer satisfies the Chowder Rule or is no longer rated green.
This portfolio buys shares.
- Performance
- −1.68%
- Lead over QQQ
- −2.54%
- Largest drawdown
- −5.70%
- Win rate
- —
- Cash ratio
- 40.6%
- Portfolio value
- $98,321
Performance against the yardsticks
What the portfolio holds
| Stock | Shares | Entry | Price | Value | Share |
|---|---|---|---|---|---|
| BY | 516.80 | $38.70 | $39.30 | $20,310 | 20.7% |
| KLAC | 98.33 | $203.40 | $182.80 | $17,974 | 18.3% |
| LRCX | 68.59 | $291.60 | $293.00 | $20,096 | 20.4% |
| Cash | — | — | — | $39,940 | 40.6% |
The rules of this portfolio
- Buys
- once a quarter
- Sells
- checked every trading day: rating turned red, stop-loss hit, holding period over, or the stock dropped out of the selection.
Every trade with its reason
The complete history of this portfolio, most recent trade first. It is never truncated — it doubles as the recommendation history required by Art. 4(1)(i) of Delegated Regulation (EU) 2016/958.
| Date | Stock | Action | Shares | Price | Reason |
|---|---|---|---|---|---|
| 07/27/2026 | BY | Buy | 516.80 | $38.70 | Newly selected |
| 07/27/2026 | KLAC | Buy | 98.33 | $203.40 | Newly selected |
| 07/27/2026 | LRCX | Buy | 68.59 | $291.60 | Newly selected |