It didn’t take too much arm twisting by Lanny to convince me to add to my stake in Procter & Gamble (PG) this week, especially after he took the first step, backed up his talk, and purchased 10.1 additional shares of the company earlier in the month. I have no shame in admitting that I followed his lead and purchased shares in the company because let’s be honest, it is a great company! Time to summarize my purchase of PG this week.
We’ve closed the chapter on yet another month of 2016. Time moves so fast…it is unreal. It seems like just yesterday I was typing up my July dividend income summary and feeling excited for what was in store for me in August (probably because we went on our honeymoon!). I received my last dividend of the month a few days ago, so it is finally time to once again share my results and track my progress as I race towards completing my 2016 goals. With that being said, here it is, my August Dividend Income Summary!
What a journey it has been so far. Last week, after a sudden drop in earnings, Target’s price fell and I swooped up an additional 30 shares of the major retailer. Now, I own 80 freaking shares and couldn’t be happier. But the good great news didn’t stop there. No, that investment also put me over a milestone that I have been eyeing for a few months now. This last purchased pushed my forward dividend income over the $3,000 mark and you know what, there is no turning back now. How did I get to this point? Let’s take a look!
1/3 of the way finished with the year. Only 8 more months to go, NBA playoff basketball is going wild right now and I just returned from a vacation and am about to depart to be in one of my best friends wedding this afternoon. April was a wild month to push through, but something tells me – I haven’t seen anything yet. However, enough of hearing me talk about the past and what’s to come, let’s get into the real deal April dividend income summary!
Dividend increases – one major reason why we are in the dividend investing community, right? The month of April is always a fun month for the Dividend Diplomat Portfolio, as there are a few DOW companies that increase their dividend through this wonderful month. We wanted to write an article to bring forth those notable dividend increases this month of April and to see the impact on my portfolio and then to see how you and other investors benefited. Don’t worry – I’ll keep it to 3 stocks! Now… let’s dive on in! Continue reading →
SMACK! The thunderous market was turmoiling, lower and lower. Kinder Morgan (KMI) was taking a beating. They just announced news about additional investments, further deteriorating the credit quality by the rating indexes. From trading at $42.81 to begin the year and then plummeting downward to a spiral collapse at $16.42 on the close of 12/7, is truly amazing, a 62% decline from one of the Nation’s biggest/largest oil pipeline companies. Management kept enamoring a dividend focused strategy, to set increases at a % growth rate each year, and then committing by showing/increasing the dividend throughout the year. Interesting how the year really can unfold… Continue reading →
As I sit here with the desire to “crank out” an article before the day starts (going for an 8 minute post) – it dawned on me that this year hasn’t been the “strongest” in terms of dividend increases for large companies that we all share, hold and love. Some are even dividend aristocrats that increase their dividend year, after year, after year. Some are big name companies that over the last 5 to 10 years have had large or more than the average dividend growth rates, say between 5 and 15% increases, vs the 0-5% increases from some of the others. This has been a very different year for dividend investors as we navigate the playing field and start seeing action events from companies on their annual increases, which – we can’t blame them at all, given the facts displayed out below. Let’s see what I’m talking about so far this year, with 5 examples of companies that haven’t provided that historical or thought of dividend increase year. Continue reading →