After complaining in my last two monthly dividend income summaries about not making a stock purchase that month, my purchase moment finally arrived. Man did it feel good coming off the sidelines. The market is presenting us with some opportunities, so I’m sure there were plenty of other stocks to consider as well. But for now, I was perfectly content adding to two Dividend Aristocrats that I already own. Here is why I purchased 3M Company (MMM) and Exxon Mobil (XOM) recently.
July was an interesting month, right? June soared, but what happened in July? Pretty much the same, as you will see within the article. I will be honest and say this. Finding dividend stocks that are undervalued continues to be a challenge in the summer of 2019. Though the stock market ride is not controllable, dividends and dividend stock opportunities are there. It’s time to check out my dividend stock watch list.
Summer time is here! Tariff news have been relentless lately and the stock market is behaving as expected. We are riding big hills up and we are experiencing deep dives down. Time to check out my dividend stock watch list.
Wow. I had to take a second to stop when I typed the title of this article out. I cannot believe it is already 2019. Time continues to fly by and before I know it, I’ll be turning 30 in July. 2018 was such an incredible year for dividend investing and it was unique to watch from a investor’s perspective. We started with the incredible surprise dividend increases at the beginning of the year and ended with a turbulent market (to say the least). Lanny and I were talking about it, but I can’t remember the last time there were so many wild swings on daily basis. But as always, we are prepared and ready to take a methodological approach to investing. I’m starting to ramble, so let’s get back to the task at hand. Each month, we do our best to highlight as many companies that are expected to announce a dividend increase that month. Since we love dividend increases and follow them so closely, we love trying to share the news with you! Here is our listing of expected dividend increases in January 2019!
The calendar has turned and we are off to the races in 2018. It has busy month and our busy season has been intense. But that hasn’t stopped us from closely monitoring our portfolios and the excitement that is happening in the stock market. We all finished December strong and as a community 39 of us were able to receive of $30,000 of dividend income. It was a record-setting month for a lot of us, including myself. And now that 2018 has started, it is time to keep the momentum going. With one month down, I thought it would be as good as a time as ever to publish my first dividend income summary of 2018. Time to check out my January dividend income summary!
Lanny beat me to the punch for releasing our monthly dividend income summary and lets just say I have a tough act to follow. $1,100 in total dividend income and a 30.31% dividend growth rate…impressive numbers Lanny! You are crushing it. However, the show must go on here and luckily for me, I had some nice year over year growth as well. Time to peel back the layers and take a dive into my June dividend income summary!
Oddly, this isn’t the first time this thought has popped in to my mind. Last year I wrote a piece title “3 Reasons I Would Sell a Stock.” The listing was created to help me identify holdings that have fallen out of favor in my portfolio or have not performed. After elaborating on the 3 reasons I would sell, I reviewed my portfolio for any stocks that met the criteria. Any takers on guessing which one of the stocks that was discussed in the article? First Energy! Shocker, right? After one heck of a run by the stock that has brought me close to break even, I now find myself asking the question again. Is it finally time to sell my stake in First Energy?