I cannot believe that we have another month in the book! Where the heck is time going? Baseball season is coming and life is flying fast at me. All great stuff though. This month’s article even features a new image! Finally, I decided to do away with the old “Dividend Income” image and get creative. Lanny updated his last year, so it was time for me to as well. My wife and I were playing Scrabble and then I had this idea for the article. But back to business, I’m starting to ramble. At the beginning of the month, we each post our dividend income summaries to track and monitor our progress. Lanny recently released his March dividend income summary and produced absolutely insane numbers. I’ll let you see them for yourself. But all I have to say is DAMN LANNY! It is my turn now. Here is my March dividend income summary!
This article should be interesting. The stock market is just crushing it and there is just not much room for opportunity. You can reach for value, but are you reaching for true value or are you reaching at a poor company that has, what appears to be, strong dividend metrics? I thought to rewind the tape back and really take a hard look at the Dividend Aristocrats. You know, those companies that increase their dividend EVERY YEAR for at least 25 years+? Yes, that is who I am talking about. Therefore, I peeled back the curtain on the top 10 yielding dividend aristocrats out there, seeing their performance and hey – maybe even find some value.
Wow, has December been a crazy month in the stock market to say the least. Lanny has taken advantage of some of the craziness and put some capital to work and so have I. There have been some frustrating moments for me (I’ll describe those later in the article). But overall, I was excited to grab some stocks at a discount and continue to build my forward dividend income. Luckily, my account was still eligible for free trades and I was able to engage in a lot of small trades. With a fresh cup of coffee in hand, I’m ready to summarize the stock purchases. Let’s dive right in!
The holiday spirit is in the air and we are closing in on the end of 2018. With Lanny serving a healthy dose of inspiration by sharing with all of us that he crushed a major dividend investing milestone ($12,000 in annual dividend income, aka $1,000/month), I’m as motivated as ever to continue investing as much capital as possible into income producing assets. So today, I sat down and put together my initial December dividend stock watch list. There are a handful of companies on this listing, so lets dive right in!
Like Lanny, as he noted in his November purchase article, this has been a relatively quiet month from a purchasing perspective. After a crazy October that saw wild swings in the market and a lot of small purchases, November was calmer as many companies rebounded from that rough October. Of course though, there were some opportunities that presented themselves. I had to dip my toe in the market a little bit, right?? Here is a summary of my November stock purchases!
Since I am have free trades for a few more months, I was able to make a series of small purchases over the last several weeks. With Mr. Market being moody, there were plenty of positions that I wanted to add to or begin establishing. There is one new name on this list and I was able to add this company three times during this time frame! With the market sliding, I turned my attention to Dividend Aristocrats. In times like these, I like to try to add to those companies that have demonstrated their ability to pay their dividend through many economic cycles. Especially when the Aristocrats are trading at a discount.
Is there anything sweeter than opening up your laptop after a hard day’s work, checking your dividend portfolio, and then realizing that one of your holdings increased their dividend that day? It is such a sweet/satisfying feeling, one that Lanny and I cannot get enough of. We’ve constantly calling and texting each other the minute we find out that our forward dividend increased without lifting a finger! Each month, we try to identify as many companies as we can that are expected to announce an increased dividend in the coming month so we can hopefully share our excitement with some of you! Let’s see which companies are expected to announce dividend increases in May!