Getting to the mid-point of summer and it’s time to warm up my dividend stock watch list article. Time for me to put the pencil to paper, analyze dividend stocks that may or may not be undervalued and ripe for my portfolio. I am looking forward to deploy capital that I managed to save over the last 4+ weeks, in order to add dividend income to my forward looking projection and reduce the time needed to being financial independent! Are you ready to grab that ice-cold… drink and check out my dividend stock watch list for August? Keep on reading then!
You read that tile right! I may have accidentally purchased a dividend stock last week. Long-story short, on Tuesday, April 10th, a trade went through that relates to my lack of paying attention to my own account set-up strategies. Not only did the purchase go through, it happened to be on a day that the market was doing well, so it wasn’t even a timely purchase at all, either! I ended up purchasing $606.00 worth of Citizens & Northern (CZNC) on Tuesday, April 10th. Let’s see the summary below.
My first purchase of the year. With the market continuing the rollercoaster ride, seeing many red and many black days, I just had to make a move. On February 12th, I made my first stock purchase of 2018. As you read the title, this has been quite the favorite of Bert’s lately and it was time for me to add to my position. The price was very sweet and difficult to pass up and I am very excited to write about the capital that was added. Now let’s see what price and why I made this dividend stock purchase!
Who doesn’t love an enjoyable experience when flying? I know I do. However, enjoying a flight is a rarity these days, especially when top airliners are making their own “headliners” from ripping people off planes, arresting them or the customer service is of the worst quality. Personally, when I think of the most enjoyable experience that I’ve had from terminal, to boarding, to getting off the plane, I can only think of one airline. That airline is Delta and I happened to purchase their stock last week.
The buying spree continues here on our website. What makes this one more fun, and we haven’t done this in a long time, is that the two of us purchased the same stock within minutes of each other. Lanny has been the most active of late and recently purchased shares in Cisco. Bert on the other hand, has been mostly on the sidelines since him and his wife purchased their first house. Last week though, we saw an opportunity that was too good to pass up and pounced. See why we each purchased shares of Kroger (KO) during their recent slide.
Wow, wow. So it’s been over two months and I have definitely found a stock that fit the metrics of an undervalued dividend stock investment. It took some thorough research and thinking about the companies that many people take part in every single day or have made them a part of their lives. With healthcare and prescriptions, this led me to this stock and this company shows high signs of undervaluation. Come check out what company I purchased stock into and why!
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.