We first published this article in May and have not looked back since! We are a community here and are all focused on the same end goal: achieving financial freedom through dividend investing. We all share our successes and encourage each other to push ourselves to the max so we can reach the end goal as soon as possible. This article will contain a summary of August Dividend Income blog posts throughout the community. The list is in no particular order and if we inadvertently omitted our income summary, please share your results in the comments section and we will do our best to include you going forward. Let’s take a look at how this wonderful community of bloggers performed in August!
Tag Archives: Dividend Growth Rate
Bert’s Recent Buy – 3M Company (MMM)
Well everyone, Lanny wasn’t the only one on this website to take advantage of the market downturn as he purchased JNJ earlier in the week. After finishing my recent obsession of building up my stake in IBM a few weeks ago, I began hoarding cash with a new target in mind. I have been monitoring this company on and off over the last year or so and the recent downturn in the market presented too good of an opportunity for me to continue sitting on the sideline. Let’s see which stock I purchased this week!
Bert’s August Dividend Income Summary
Last month Lanny beat me to the punch and unleashed an amazing $740 dividend income month in July. It was a tough act to follow, especially considering that I came close but fell short of beating him. While it is unlikely to happen again, there is one thing I can promise….I will get my article out first this month! That really is not the point here though. We write these articles monthly so we can track our progress and see how far along we have come in such a short period of time. We have been in the dividend investing community for nearly a year and a half now and writing this article each month never gets old. With that being said, let’s take a look at my August dividend income summary.
Recent Buy
Last weekend, Lanny and I put together a watch list and man was I determined to purchase one of the two stocks I was watching. I know I couldn’t have gone wrong picking either of the stocks; however, I only had enough capital to purchase one. Which stock was it? Let’s take a look and find out.
Recent Buy – IBM
As it turns out I was not able to sit on the sidelines too long after my purchase of Emerson Electric last week. On Friday I was paid, which means I had $400 readily available to invest since I have a portion of my paycheck automatically deposited into the checking account linked to Sharebuilder. I have been watching a lot of stocks over the last month or so as a result of the Greece turmoil and the general pullback in the market that recently occurred, which has caused a lot of great dividend growth stocks to become discounted. I purchased one of the stocks on these watch lists, the question is…which stock was it?
Recent Buy – Emerson Electric (EMR)
I have been compiling some cash recently and had enough to establish a great entry-level position in a company. Over the last few months, there have been many events impacting the market and pushing the price of some great companies lower and lower. So I wanted to make this purchase count and pick up a rock-solid dividend paying stock, one that I now think should be included on Lanny’s infamous foundation stock listing. Unfortunately, the title gave it away. See why I decided to invest in Emerson Electric this week.
Lanny’s June Dividend Income
6 months have passed! It’s now a quarter end as well, giving us another homerun of a month for Dividend Income. Also, as summer just turned the page to begin, let’s see if brighter sun and warmer weather also aligned with a blockbuster of a month for dividend income!