We are in the heart of the coronavirus (COID-19) pandemic. This is a truly unique time, something that neither of us have seen during our investing careers. For the first time, companies in our portfolios have announced more dividend cuts than dividend increases in a month and the worst may still not be over. The price of oil is plummeting and the dividends for major integrated oil companies are hanging on by a thread. Continue reading
Last week, I released my March dividend income summary. Typically, I’ll show my stock purchases in the summary article. However, in March, I made a lot of low dollar stock purchases, as the market showed its twists and turns. As a result, I decided to split the articles so I can discuss some of the purchases in greater detail. This article will summarize my March dividend stock purchases.
Lanny said it best in his dividend income summary. The coronavirus has dominated everything lately, as it has taken our world and shaken it upside down. Everyone is learning to adjust to the new, short-term reality, including individuals and businesses. For me personally, I have cherished the opportunity to spend every day with my daughter, as I have worked at home exclusively. I’ve truly grown to appreciate seeing all the little things and seeing how much she grows and learns each day. This is a feeling that has just made me hungrier, and hungrier, for financial freedom. And while all of this madness has been going on, the dividends have continued to quietly roll in. Let’s take a look at my March dividend income summary!
The last month has been unlike anything I have experienced as a dividend investor. I primarily started investing in 2011 and 2012, well after the the market calmed down after the financial crisis. There have been blips since then (Oil prices collapsing in 2016, for example), but nothing close to the magnitude of what we are experiencing now. It is most important that we all remain healthy. But after that, my family and I are trying to make the right financial and investment decisions. Because after all, as we are unfortunately seeing, you cannot predict what tomorrow will bring. So today, I spent some time researching dividend growth stocks and built my April dividend stock watch list.
The Coronavirus has dominated everything lately. The news, the stock market, workplaces, families, life events, LIVES, you name it.
Let’s stay positive and think about all of the GOOD things we have and can control. We realize now, more than ever, how little we need to be happy and have a life w can thrive in. We remember those that we truly love. There are many positives we can take from this. I have also been very thankful that dividend income continues to roll in, day in and day out. Let’s take a moment and take a look at the dividend income results for March.
Hopefully your stomach has been able to endure the extreme volatility, as of late. We have literally seen 10%+/- swings on any given day recently. If there is time to stick to your sound dividend research and investment strategies, it is now. Let’s buckle up and read Lanny’s Dividend Stock Watch List – April Edition.
My oh my. What a difference a month makes. In last month’s article, we discussed how dividend growth slowed and there may be an economic slowdown. This month, it is a completely different story. The coronavirus, COVID-19, pandemic has spread and the economic impact has been unlike anything I have ever seen. The impact on individuals, small business and corporations is changing on a daily basis. For many companies, they are rethinking their 2020 strategic visions and changing their dividends & capital strategies on the fly. It will be tough to predict the expected dividend increases in 2020; however, we will highlight the companies that have historically announced dividend increases in April.
