Remember when we had those posts regarding income and expense summaries? Well.. I’ll be damned if I didn’t realize I haven’t posted about this since the summary for April 2015. Aka – more than 3 months have passed that I haven’t showed any results from the income and expense summary side of my life. I haven’t shown how I am able to fund my investment purchases, how I’ve been able to balance both living and ht epursuit of financial freedom, as well as – achieving the 60% savings challenge. I’m Back and ready to bring it! This is the summary for 3 months that were missed – May, June and July.
Over the past few days, I stumbled on an interesting stock that I wanted to share with the community. While I haven’t shared this habit of mine with the dividend investing community in a long time, I have always monitored spin-offs to try to find potential new dividend stocks that are getting ready to (or have recently) hit the market. This strategy has worked well for me in the past, as I stumbled on the fact that Kraft was going to be a dividend paying stock and was lucky enough to catch the company prior to their build up (which occurred long before the announced Heinz-Merger). So why am I bringing this up? Well, beginning July 1, a dividend focused spin-off is getting ready to hit the open market and man has it caught my attention. I wanted to take some time to introduce you to the newly formed Edgewell Personal Care Company.
I recently reloaded my Sharebuilder (now Capital One Investing…I know, it will take some time getting used to) with some extra capital and was ready to make a purchase. We recently built a small watch list that had me focused on buying two stocks I already own. But man, what a difference a week can make and after some time, a new stock entered the picture for me. This is a stock Lanny and I have been watching for a while and are huge fans of the stock. Not only is it a Dividend Aristocrat, but it is one of the five stocks we consider a foundation stock for any dividend portfolio. Unfortunately my title gave the purchase away, so let’s see why I initiated a position in Consolidated Edison this week.
As a great band once said….”Another one bites the dust.” Another month bites the dust and we are now entering May. April was a crazy month that consisted of more transactions than I can remember for a while, the capstone of which was my investment in one of the largest railroad companies Norfolk Southern. Unfortunately though, I will not be reaping the dividend benefits from these transactions until next quarter. After seeing a minimal YOY increase of 8% in my dividend income in March, I am hoping that my investing throughout the first four months of the year will begin to show in April. Looks like it is time to dive in and review my April dividend income summary.
I’m back at it baby! After almost a one month hiatus from buying a stock outside of my 401k purchases through my employer, I am back on the saddle and made a few moves. The month of March has opened up great opportunities into the market place and I’m even more excited to purchase more stock in the coming days/weeks. The market from the last 5 business days of 3/2 – 3/6, has dropped almost 2 % overall and has really opened up great dividend stocks at better prices. I took advantage of a few this week, let’s take a look.
One month down, eleven more to go in 2015! Man does time fly. January has been quite the active month for me, as I have been slowly (but surely) adding dividend income to my portfolio through a series of small purchases. While this won’t impact January’s income, I am setting the table for the remaining eleven months of the year. After having a lot of activity in 2014, I am expecting to start the year off on the right foot and have a solid dividend month. Let’s dive into the results and see how I performed in January.