Happy Halloween everyone! The fourth quarter started out with a bang and we are closing in on the new year quickly. I still cannot believe we are closing in on 2017; hopefully it will be as exciting for all of us as it is setting up to be for Lanny. The end of the month is always the best because it allows us to reflect on the growth we experienced over the last 30 or so days. I love seeing what the two of us and the dividend investing community were able to earn without lifting a finger. Now, it is time to take a look at my October Dividend Income summary!
Earlier in the week, I crossed a big investing milestone….crossing $3,000 in forward dividend income. It took me 15 months to jump from $2,000 to $3,000 and at the end of the article, I challenged myself to hit the next milestone in half the time. To get there, I better get moving quickly. What’s the best way to increase your dividend income? Not a trick question here, but purchase stock! I thought it would be a good idea to do some research this evening and put together a small watch list of stocks that have caught my eye. Here it is, my August stock watch list.
This week, I felt like taking a different approach to finding hidden gem dividend growth stocks. Typically, as I did with my watch list last week, I run the Dividend Diplomats Stock Screener and try to identify a sample of stocks that fit my metrics that I can buy at that moment in time. And if that doesn’t work, Lanny or I will run a different screener and create a “Top 5” stock list of some sorts and identify a certain type of dividend stock we are targeting. For example, we have run screeners for low dividend yield, high dividend growth rate stocks and dividend growth stocks with low debt to equity ratios in the past. This time, my approach was to identify an industry that is not represented in my portfolio and check out a few dividend stocks in the sector and see what I’m missing. Maybe they will fit, maybe they won’t….but there is only one way to find out. For today, I wanted to check out some grocery store stocks that pay a dividend.
Life is finally starting to settle down again now that my wedding festivities are over. I feel like I finally have the time to needed to properly analyze the stock market and find the perfect stock to buy. A few days ago, Lanny purchased more shares in Target and I must say, I’m a little jealous of the make he is making moves while I am still sitting on the sideline. That jealousy, coupled with the excitement I have following our review of other bloggers’ May dividend income figures, leaves me feeling as motivated as ever to find a great stock and invest. What stocks am I consider? Time to take a look at my June stock watch list!
I was laying in bed thinking of this day and age, the performance of companies and how critical attributes are in determining what is the absolute most important metric for a dividend stock you own. I began reviewing the list of stocks that I currently own, you name it – Procter & Gamble (PG), Johnson & Johnson (JNJ), AT&T (T) and other big dividend aristocrats and I finally saw the trend of what made my stomach feel uneasy and what made it feel comfortable. That metric was the payout ratio. Continue reading →
I’m getting an itch to invest. Even afterpurchasing Pfizer a few weeks ago I still have some capital that I am trying to deploy. This is eerily starting to remind me of whenLanny ran into the same problem(at the same time as a matter of fact!) of having capital to deploy but no where to put it. Despite the fact that the market wasn’t cooperating this week, I have my eyes on a few stocks that are getting very close to my “buy” zone. If the prices fall next week, I may not be able to resist buying. Time to check out my February Watch List!
Well, I couldn’t stay on the sidelines too long in 2016. I am AMPED and ready to start the year off strong after setting my goals and realizing that I have some serious work to do. One of the stocks I already own has been trading at a discount of late and let me tell you, I just couldn’t hold off any longer. Let’s dive right in and see which company won the honor of being my first stock purchased in 2016 (If the title hasn’t given it away already).