July is done and this amazing summer continues! It has been a busy third quarter for us here, and so many bloggers out there, as the market continues to present buying opportunities. Lanny has initiated positions in companies like BBBY, ITW, and WRK and added to his position in KHC while Bert followed suit and initiated positions in ITW and WRK. Our inspiration to push ourselves to invest every dollar we can comes from ALL OF YOU in the blogging community. Each month, we read your income summaries and see how hard you are working to grow your income and relentlessly pursuing financial freedom. For those of you that are new followers, each month, we gather as many dividend income summaries from the community to share the results with all of you. Here is the July installment of the Dividend Income from YOU the Bloggers series!
Tired of reading my purchase articles yet? Better get used to it, because I am ready to unleash some capital on a go-forward basis. There are reasons I am able to buy more individual stocks, which I will explain in a later post. However, I unloaded capital, again, on Friday the 10th. This was not a significant amount of capital but wanted to explain my two small purchases in Kraft-Heinz (KHC) and a small community bank of Isabella Bank Corp. (ISBA).
It turns out that Lanny is pretty good at finding undervalued dividend growth stocks. I was such a big fan of some of his recent purchases that I decided to follow his lead and purchase two of the stocks he recently purchased as well. Luckily for me, even though I recently purchased shares of Tyson Foods, I had some extra capital to deploy. See why I initiated two new positions in my portfolio at the beginning of August.
August has been hot and heavy with dividend stock purchases already! As you can tell from the title of the article, this isn’t about just one dividend stock purchase. We are talking a nice
double triple punch to the portfolio. However, “punch” has a much more positive tone. Prices were ripe and I deployed a bit of capital into three young dividend producing & growing stocks!
Another month down. July is always a fun month because it is my birthday month! This year, I finally entered my final year in my 20s and will be enjoying this victory lap before I enter my 30s. The market was interesting this month and there were several weeks where there weren’t any investment opportunities jumping off the screen at me or Lanny. But then the end of the month struck! But I’ll save the details for the article…..Here is my July dividend income summary!
Okay, now we are SEVEN months down for the year, with five left to go. The weather has been more moderate, lately, with substantial rain fall. What else is coming down? It’s raining dividends baby! This was an overall “quiet” month from an alarming number of dividend payers, but the income was still nice to see, regardless. Let’s grab that cup of coffee and see my July results!
July was a long month for my portfolio. With Capital One selling their investment portfolio to Etrade , I was looking for a new trading form. After many, many talks with Lanny, I finally settled on Ally Investing. My transfer was initiated at the beginning of July, but my assets were not fully transitioned until the end of the month. This waiting period was unique and shook up the flow of the first six-months of the year that saw me making a lot of stock purchases. For the first 30 days of July, I did not make any stock purchases. However, on the final day of the month, I was able to sneak one purchase in. Here is why I purchased shares of Tyson Foods (TSN) on July 31!