Another month is in the books. Fall is in the air. We are putting away our Halloween decorations and are getting ready for my favorite holiday…Thanksgiving! It is a lot of fun sharing so many “firsts” with my family and I can’t wait to continue to do so over the holiday season. It has truly been amazing. But as we continue to progress through the year at lightning pace, I must take a look back at my investing results. In particular, my October dividend income summary….
It is time for the next installment of our “Expected Dividend Increases” monthly series. Each month, we predict the companies that are expected to announce a dividend increase in the coming month. Let’s review the expected dividend increases in November 2019!
Hop back on the roller coaster ride baby! Let me tell you, this one is a screamer! What goes up, must go down and what goes down, must go up! That is exactly what the market has been doing. Even though the market does it’s thing, we know we can’t predict or time the market, but we can do is analyze stocks to find the diamond out there. There is always an undervalued dividend stock to be found and that is exactly what I do, each and every month – try to find the diamond in the rough. Tune in for Lanny’s Dividend Stock Watch List – October Edition.
This article should be interesting. The stock market is just crushing it and there is just not much room for opportunity. You can reach for value, but are you reaching for true value or are you reaching at a poor company that has, what appears to be, strong dividend metrics? I thought to rewind the tape back and really take a hard look at the Dividend Aristocrats. You know, those companies that increase their dividend EVERY YEAR for at least 25 years+? Yes, that is who I am talking about. Therefore, I peeled back the curtain on the top 10 yielding dividend aristocrats out there, seeing their performance and hey – maybe even find some value.
On most occasions, us Diplomats are on the same page with stock purchases. Since we are always sharing our thoughts, ideas, and analyses, chances are that if one Diplomat purchases a stock, there is a good chance the other one did as well. This happened when the two of us initiated a position in ABBV in the fourth quarter and it happened once again in January when ABBV’s price fell through the floor. Lanny wrote out his purchase of ABBV and WRK this week, and now it is my turn. Here is why I added to ABBV!
I am happy to see the Polar Vortex didn’t take anyone down, I hope. We are a full month down and it was nice opening February up on a Friday, as I was able to squeak a purchase in on that day. What’s wild, though, is we have gone from devastating cold temperatures, to running outside in shorts a few days later. Thank you OHIO! Well, enough about the weather, it’s now time to check out my dividend stock purchases over the last two weeks of January and first day in February!