Okay everyone, we are almost 5 months into the year and how are we doing with our goals? Any stocks on the radar? Well, us Dividend Diplomats have a few stocks on our watch list and we are ready to dive into what we are seeing in the market, what undervalued dividend investing stocks are worth taking a peak at. Maybe some we already own or some we don’t even have a position yet. OR maybe a stock or two the other diplomat owns and we jealous and want a piece of the action! Whatever it may be – lets go take a look at what is on our May Dividend Stock Watch List!
Lanny’s Recent Purchase – DOW
It’s been a few weeks since my last purchase in April, as I’ve been much more selective with what I’m deploying out there. I have officially received capital on Monday the 18th and was excited to see what the opening day was going to bring me. One stock I had a look out for was increasing around $1 per share and I just wasn’t feeling the additional market value appreciation and thought I’d grab them again at some point soon. However, this company below was also on my list. I set in a price for a limit order and I kid you not – it dipped down to just a cent over it without triggering the purchase! BUT… the end of the day occurred and the stock dipped to the price (actually did hit a penny below it) and my limit order triggered and boom, we now have a new purchase… and it’s a familiar one.
Crossing $55,000 in Market Value & $2,000 in Dividend Income
As we mentioned in our blog’s one year anniversary post a few days ago, my portfolio has crossed a couple of major milestones recently and I am very excited to finally share them with the community. Over the couple of months, I have crossed both $55,000 in Market Value and $2,000 in Projected Dividend Income. I still can’t believe it, as it seems like just yesterday I was crossed $40,000 in market value (last June) and $1,750 in projected dividend income (last August). Two round, iconic numbers in my eyes. It has been a fun journey between milestones, so lets take a look at how I got there.
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Our One Year Bloggiversary!
One year ago, today, on May 15, 2014 – the Dividend Diplomats were created. Two young guys in public accounting, after constant discussions of investing, financial freedom, dividend stocks and life without the chains – they came to a meeting of the minds. 365 days have past and WOW what a ride it has truly been. (Lanny) has been reading the dividend investing community blog-o-sphere for more than 5 years and (Bert) has done this now for going on 2 years. Two guys that grew up in two different areas on Northeast Ohio – Lanny from Akron and Bert from Cleveland, one being Catholic and the other, er, uhm, Jewish, one being 6’3 and the other being 5’8, they still shared many things in common, one of those being – deep hearted passion about dividend income investing and to have this income to push them toward crossing the line of financial freedom. Time to take a look back at 365 days…
Calling All Bloggers! What is the Best Laptop For Blogging?
Bloggers, I need your help. I am in a huge debate with myself, Bert and others on what is the best laptop/chromebook/tablet out there for bloggers and blogging alike. There has to be pros and cons to each one in the market, and I’m having quite a difficult time finding the best one for what I need to use it for. I’ll list out the potential devices I am considering, but would absolutely love guidance – and what better than to ask individuals who are also writing/blogging – so thank you for considering helping me in the search. Let’s see what I’m looking for, why I am and what I’ve come up with so far. From there – all and any feedback would be appreciated!
General Mills (GIS) Stock Analysis
Time for a dividend stock analysis over a company we are all well aware of, are one of our dividend aristocrats and is a legacy type stock. We all have seen the commercials, definitely have had a bite of their branded products and is a staple in almost every household. Who else doesn’t want a jolly green giant, multi grain crunching cereal with a little “woo hoo” from a poke in the stomatch? Yes, I am referring to the General Mills (GIS) company who pumps over $19 billion in sales annually (combined domestic and international). Let’s see how good that honey bee tastes!
Expected Dividend Increases in May
All, I am very proud to say this, but this article series has come around full circle. One of the very first articles we wrote on this blog was about Dividend Aristocrats that were expected to announce a dividend increase during June, 2014. This article will represent our 12th summary and you know what that means, our website is getting ready to celebrate its one year anniversary! As a refresher, this monthly article series stemmed out of a love that me, Lanny, and many other dividend growth investors share….increasing dividends! So much so that it turned into a game as we would try our best to predict the increase that would be announced. While the game was fun, it was centered around the central idea that dividend growth is crucial for any DGI portfolio so that we can build a steady, growing income stream. Without the growth, our income stream would begin to lose its purchasing power annually as the growth in inflation would slowly erode the value of the income stream. With that being said, lets take a look at the first article in Year 2 and see which dividend Aristocrats are expected to announce a dividend increase in May.