Since I am have free trades for a few more months, I was able to make a series of small purchases over the last several weeks. With Mr. Market being moody, there were plenty of positions that I wanted to add to or begin establishing. There is one new name on this list and I was able to add this company three times during this time frame! With the market sliding, I turned my attention to Dividend Aristocrats. In times like these, I like to try to add to those companies that have demonstrated their ability to pay their dividend through many economic cycles. Especially when the Aristocrats are trading at a discount.
July was a long month for my portfolio. With Capital One selling their investment portfolio to Etrade , I was looking for a new trading form. After many, many talks with Lanny, I finally settled on Ally Investing. My transfer was initiated at the beginning of July, but my assets were not fully transitioned until the end of the month. This waiting period was unique and shook up the flow of the first six-months of the year that saw me making a lot of stock purchases. For the first 30 days of July, I did not make any stock purchases. However, on the final day of the month, I was able to sneak one purchase in. Here is why I purchased shares of Tyson Foods (TSN) on July 31!
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!
With the first month of 2017 coming to a close, I thought it would be a good idea to put a dividend stock watch list together to focus in on a few companies that have caught my eye recently. What’s crazy is that each day brings an exciting new day to the market and it seems like we have snapped out of our two month streak of constant appreciation and are finally starting to see some great companies trading at a discount. After my last purchase and Lanny’s recent portfolio review, I am as motivated as every to keep pushing capital into the marketplace and increase my passive income as much as possible. Now lets take a look at my January Dividend Stock Watch List!
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.