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!
I just couldn’t sit on the sideline any longer. For those of you that have followed our blog over the last month, you would have realized that there was one stock I have been fixated on…Target (TGT). It was the number 1 stock on my June watch list for a reason. Over the month, I was patiently waited for the right moment to strike. When I went to buy, the stock price increased. When I wasn’t able t access the internet to actually purchase the stock, the price fell. Finally, the stars aligned as the markets had two terrible days after the Brexit situation. Time to check out why and most importantly, how much TGT stock I purchased this week!
Another month bites the dust! 2016 is officially 33% over everyone! The market began showing signs of weakness towards the tail end of the month and it seems like every dividend investor had a collective sigh of relief. There were two stocks that I have been big fans of for a while that finally had a nice pullback, so they earned a spot on my Watch List. The don’t have the highest yield, but they are all star companies in their industry. Let’s hope the slide continues for Visa and Starbucks. Back to business, now that I have received my final April dividend income summary.
I couldn’t sit on the sidelines too long. After a strong month of purchased in January, which saw me add to my current stakes in ADM and CZNC, I wanted to keep the momentum rolling. At the end of my January dividend income article, I mentioned that I purchased a stock but haven’t disclosed the purchase yet to the community. Well, that is about to change. Last week I unloaded some capital and purchased a stake in Pfizer (PFE). Let’s see why!