Tag Archives: Leggett & Platt

Dividend Income Summary: Lanny’s July 2020 Summary

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dividend income, dividend investing

The fear of the coronavirus still spreads.  Unemployment claims still in the millions.  No deal is reached on the economic stimulus package, the HEALS Act, but yet the S&P 500 was up 5.5% in July.  What a confusing and volatile stock market.  However, dividend income continues to fuel the mission to financial freedom.

In July, we set another record for dividend earnings and it shows proof that dividend income is one of the best passive income streams.  Time to dive into my July 2020 dividend income results!

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Bert’s Recent Buy – Leggett & Platt, Inc. (LEG)

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2018 has been a fun investing year, as the market has presented many great buying opportunities and I’ve been fortunate enough to have some extra capital on to capitalize.  At the beginning of May, I initiated a large position in Pepsi.  Selfishly, I was trying to sneak in one more stock purchase before the end of the month and was fortunate enough to have cash on hard, ready to delpoy.  I have been hot on the trail of a Dividend Aristocrat for the last few weeks.   Finally, after weeks of waiting,  the company’s stock price fell and triggered my limit order.  Here is why I initiated a position in Leggett & Platt, Inc. (LEG) at the end of May!

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