Man oh man has the fourth quarter started off with a bang! Mr. Market has been pretty volatile and the interest rate environment continues to rise. Plenty of bloggers took advantage of the recent swings and added nice chunks of change to their forward dividend income totals. We definitely did. But before we look too far ahead in the future, it is time for one of our favorite monthly articles to compile. Why? Because our inspiration to hustle, grind, and keep pushing towards financial freedom stems from all of you in the blogging community. That’s what makes this community so special. For those of you that are not familiar, each month, each month, we gather as many dividend income summaries from the community to share the results with all of you. Here is the September installment of our dividend income from YOU the bloggers series!
The end of 2018 is rapidly approaching. With only three months to-go, I am working hard to identify different investment opportunities. With some extra cash, I am ready to put my capital to work and increase my dividend income as much as possible before the end of the year. In this month’s edition of my dividend stock watch list, I identified four stocks that I will keep an eye on. Ironically, I actually own all four stocks on this watch list. And on top of it, each have a dividend yield greater than 3%. So a potential purchase may add quite the punch. With that in mind, let’s see which four companies made the cut for my October Dividend Stock Watch List!
Fall is in the air, postseason baseball is about to start for the Indians, the Browns won their first game since 2016, dividends continue to increase by large percentages, and we have officially entered the fourth quarter. Since it is a new month, you know what that means? It is time to summarize my dividend income from the previous month. Lanny kicked off the festivities by releasing his dividend income article and disclosing the fact he received over $1,700 in dividend income during the month. Incredible Lanny, just incredible. Congratulations! Now that I am nice and motivated, let’s check out the results. Here is my September dividend income summary,
Shortly after I purchased shares of KHC last week, I decided to jump back into the action. Mr. Market presented two opportunities for investments that were on my watch list. So I couldn’t resist the opportunity to add some nice dividend income, right? Here is why I purchased additional shares of Kraft (again) and initiated a new position in National Grid (NGG)!
After an inspirational discussion with Lanny over the weekend, I was looking to come out of the gates firing on Monday. I was excited for the opportunity to add to my portfolio. “firing out of the gates” may not be the best way to describe this purchase. Overall, it wasn’t the largest. But I was excited for the chance to add some nice income and continue to build a position in my portfolio . Here is why I added to my position in Kraft Heinz (KHC)!
The calendar turns and I am ready to put some extra capital to work. Over the last month, I have been busy initiating positions in Tyson, WestRock, and Illinois Tool Works. The market has been interesting over the last few weeks. There haven’t been too many buying opportunities out there, at least compared to the previous months. Still, I run a stock screener each week (sometimes daily) to see what opportunities may be out there. It has been a while since I have published my dividend stock watch list. I figured this was a perfect month to do so. Here is my September Dividend Stock Watch List!
It turns out that Lanny is pretty good at finding undervalued dividend growth stocks. I was such a big fan of some of his recent purchases that I decided to follow his lead and purchase two of the stocks he recently purchased as well. Luckily for me, even though I recently purchased shares of Tyson Foods, I had some extra capital to deploy. See why I initiated two new positions in my portfolio at the beginning of August.