At the end of my September dividend income summary article, I mentioned that I was extremely motivated and excited to purchase some stocks in October. Shortly after, I put together a watch list identifying four dividend stocks that were on my radar. It did not take long for me to put some capital to work with some of the stocks on this watch list. When a stock price falls after you add it to your watch list, how could you say no? These purchases were small and frequent due to our free trade credits from Ally Investing, so there will be a few different stocks in this article. Here are the stocks I have been purchasing over the last couple of weeks!
Shortly after I purchased shares of KHC last week, I decided to jump back into the action. Mr. Market presented two opportunities for investments that were on my watch list. So I couldn’t resist the opportunity to add some nice dividend income, right? Here is why I purchased additional shares of Kraft (again) and initiated a new position in National Grid (NGG)!
Dividend investing at it’s finest! I thought now would be a great time to reflect on what has occurred over the last 6 months in the dividend income portfolio of mine. I do not mean just any old reflection, but I am going to be specifically talking about dividend increases and what the impact has been on my portfolio this year. Tax reform has truly showed their colors and companies have been sending the savings, or part of, to their shareholders.
We are swiftly approaching the halfway mark for 2018. Man oh man, where has time gone? Lanny, like so many of you already, published his May Dividend Income report and crushed it. He earned almost $500 in dividend income and posted a 30% dividend increase! Nice freaking job Lanny. That’s how you crush it right there. I’ve spent some time compiling my results here. Let’s see if my May dividend income summary was as strong as Lanny’s!
No, no it wasn’t a stock on my beloved June dividend stock watch list. It wasn’t a stock that should be unfamiliar, however. In fact, my recent purchase is a second purchase I’ve made in this iconic, legacy-brand fulfilled company this year! I couldn’t be happier to have made an additional purchase, at an even lower price that an earlier purchase of this dividend stock. On June 1, 2018, I purchased 20 more shares of Procter Gamble (PG)!
Earnings season has been upon us for this past quarter and wow, things are starting to move, shake, drop, pop and roll. On April 19th, things were no different. After seeing quite a few stocks that are strong dividend players drop, one company caught our eye. I messaged Bert saying, “Alert, PG DROP!”. The rest was history. We both ended up purchasing additional positions into Procter & Gamble (PG)!
Now that the first quarter is behind us, it’s time to check in on where I currently am at with my dividend portfolio. I want to share the current state of my dividend portfolio, related to market value, forward-looking dividends, yield and yield on cost. Additionally, I’ll describe the activities; such as, contributions, dividends received to date and the like. I thought this may give a great snapshot of where I currently am, the progress into this year and if I like the trajectory for the year. Time to check out the state of my portfolio!