Man oh man has October been exciting so far. Lanny and I started off the month strong by making several rounds of investments (Lanny’s summary article can be found here and mine can be found here). We were feeling pretty happy with our decisions. On top of it, I created a dividend stock watch list to prepare myself for another set of purchases. Then, well, we all know what happened. The market had a massive two-day sell-off. Many investors capitalized on the downturn and we have been seeing a lot of purchase articles featuring some great stocks. This may be one of those articles, as it reflects my purchases from right before and during the October sell-off. The splash isn’t as large as you might have thought and we are still being patient. But I did have the chance to purchase three different stocks last week. Here is a summary of my second round of purchases in October!
At the end of my September dividend income summary article, I mentioned that I was extremely motivated and excited to purchase some stocks in October. Shortly after, I put together a watch list identifying four dividend stocks that were on my radar. It did not take long for me to put some capital to work with some of the stocks on this watch list. When a stock price falls after you add it to your watch list, how could you say no? These purchases were small and frequent due to our free trade credits from Ally Investing, so there will be a few different stocks in this article. Here are the stocks I have been purchasing over the last couple of weeks!
The dividend stock purchases machine keeps rolling! Yes, this is yet another round of dividend stock purchases, covering my last two weeks of activity. I am going to start doing this now, from an article standpoint, as my dividend stock purchases are becoming more frequent, due to certain life events and brokerage changes. The stock market was more volatile the last two weeks, creating value on dividend stocks I own. Therefore, I made a few stock purchases over the last two weeks and let’s find out what I bought!
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!
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.
August has been hot and heavy with dividend stock purchases already! As you can tell from the title of the article, this isn’t about just one dividend stock purchase. We are talking a nice
double triple punch to the portfolio. However, “punch” has a much more positive tone. Prices were ripe and I deployed a bit of capital into three young dividend producing & growing stocks!
Getting to the mid-point of summer and it’s time to warm up my dividend stock watch list article. Time for me to put the pencil to paper, analyze dividend stocks that may or may not be undervalued and ripe for my portfolio. I am looking forward to deploy capital that I managed to save over the last 4+ weeks, in order to add dividend income to my forward looking projection and reduce the time needed to being financial independent! Are you ready to grab that ice-cold… drink and check out my dividend stock watch list for August? Keep on reading then!