Monday, April 5, 2021
Today I grabbed 7 shares of Wells Fargo for $39.50 a share. Full disclosure this isn't my favorite stock for a variety of reasons. It seems for years they can't get rid of the negative headlines. We are going to be bogged down by low interest rates for years. But their sheer size gives them a tremendous advantage. And I feel like even the their price has come up quite a bit, this stock has the potential to take off, once the buyback and dividend restrictions come off the banks. Also the this buy only brings WFC to about 3 percent of my individual stock portfolio, which is a very small percentage of my overall portfolio.
Disclosure: Long WFC
Wednesday, March 31, 2021
March was a busy month like all quarter months. 21 companies paid me a record $82.09. This is the first time I've crossed the $80 mark in a single month. This is an incredible year over year growth of 39.78 percent which was largely powered by my Chevron acquisition. Having never broken the $70 mark before, a jump like this makes me feel my first triple digit month is coming soon.
Monday, March 8, 2021
Today I purchased 1 share of LMT for 343.25. Overall there is a lot to like here. A Dividend yield of 3.05 percent and P/E ratio at 13.94. The average one year price target is $411.29. Lockheed Martin currently has 18 consecutive years of Dividend increases and a payout ratio of 39.65 percent. With a Democratic congress and President defense spending probably won't be a priority. But we aren't getting out of the military business anytime sooner either.
presented on 'Dividend Seedling' is for informational and entertainment
purposes only and is the opinion of the author (a social studies
teacher and not a financial advisor). None of the information should be
relied on or taken as investing advice or a recommendation to invest.
None of the information or opinions expressed, constitutes a
solicitation of the purchase or sale of any security or investment of
any kind. Please do your own research before making any investments. Do
not making any purchases unless you are prepared to lose your entire
Disclosure: Long LMT
Monday, March 1, 2021
Hello everyone. One of the unfortunate parts of the Dividend Growth investing community is that Blogs have a tendency to suddenly stop and drop off the face of the earth. Maybe that will be me one day. I certainly don't have the time to always post in the detail I like. I do enjoy reading other blogs and connecting with other investors. So if you have a dividend blog that you update regularly, please post in the comments.
February Dividends this year were $58.47. That's a 28.2 percent year over year growth. Which put in the context of Covid and what it's done to dividends is more impressive. I'm excited to continue to buy and watch these dividends grow.
Tuesday, February 2, 2021
2020 was a big year. I was able to take advantage of the extension and maximize my Roth IRA for the first time. I also was able get my wife ...
This past December 18 companies paid me a total of $57.95 to end the year strong. Here they are: BAC $1.98 TIF $1.74 D ...
March was a good month for dividends. Possibly the last for a while. Twenty companies paid me a total of $54.90. This is the first time I...
So with the recent buyout of TIF I had some extra money in my account. I wanted to put it to work. So I spent $584.08 to purchase 2.7658 sha...