As time passes, so does a month of collecting dividend income. Four wild months are already in the books and the sun is shining here in Cleveland. Talk about a rarity these days. As spring is upon us, I think, it’s time to see what the 4th month of dividend income was able to bring and it marks 1/3 of the year being over. Now to the results
This post will be an investing lesson regarding a certain investing topic that dividend investors will occasionally use when they discuss performance and metrics. It is similar to your yield and is a huge proponent for how long you hold onto an investment, the activities that happen within that investment, as well as the pros and cons of measuring such a metric. The topic that I’d like to discuss today is the Yield on Cost or, as I like to call it – The YOC! And no… this is not the same thing as in the NFL or YAC (Yards after catch), close though! Let’s talk about The YOC! Continue reading
Phew… almost thought for a minute or a month there, that I may go a full 30 days without a right on stock purchase. Well, I guess I couldn’t hold back for 30 days and have made a new stock purchase! Always having tricks up my sleeve and am able to make a move on Thursday of this last week, which is great, even if it wasn’t a large investment. However, it was a NEW investment to my portfolio, let’s take a look at who I was able to scoop up!
Chugga, Chugga, Chugga… Chugga, Chugga, Chugga – DIVIDENDS! That’s the sound that the stock up for this week’s analysis is all about. I’ve been on a hunt for a good dividend paying stock and what better than a stock that is down over 8% this year but has been consistently raising dividends and laying down stronger tracks each year? What stock am I talking about? Norfolk Southern Corp. (NSC). Let’s see the analysis!
One quarter is almost in the books. Lanny and I had quite the active month and added some nice dividend income to our portfolios, as Lanny purchased CAT (twice) and HCP and swapped LO for PM last week while I added four new stocks to my portfolio and re-upped my position in one tobacco stock (I’m not spoiling the surprise completely). As I said, a crazy month for us. While we were active and many companies paid dividends in March, it was a relatively quiet for Dividend Aristocrats as only a few were set to announce increases last month. Will that change in April? Did the companies follow through with their expected dividend increases last month? Let’s find out!
This has been a great month for dividends and dividend investing I feel. There are quite a few nice stocks going on sale temporarily and if you like the company in a fundamentally sound way and they fit your criteria – then make a decision to investor or not… that is if you have the capital. The month of March has been the busiest month so far for me in terms of contributions or capital going into my account – that is when you add my purchases, my dividends being reinvested, as well as my automatic 401k contributions. A stock that I recently purchased earlier this month, in my eyes, went further on sale and I thought – if I liked it then, I like it even more now. Move out of the way, as I am bulldozing for more Caterpillar (CAT)!
After the long thought debate and analysis on whether I should maintain my Lorillard (LO) holding or sell and rejuvenate my position into Philip Morris (PM), my decision was made. You can remember last week, my LO stock was close to hitting the ceiling potential and the valuation on the stock just wasn’t showing that it was an appropriate valuation anymore, as well as my brief research into Reynolds American. I wanted to know my money was going to transition into an undervalued stock, and that it was under my control to make that decision/action happen… And it was. Continue reading
