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Thursday, November 1, 2018

October Dividends

October is one of my slowest months. But free money is free money. This month I earned $5.40 from two stocks.  I will take it. Below is a list of dividend payers for October.

TIF $1.65
O $3.75


Tuesday, October 30, 2018

Recent Buy CAT

Yesterday I grabbed 2 shares of Caterpillar at $116.87 per share. Caterpillar has 8 years of dividend growth and a 3.02 percent yield. The payout ratio is just 29.6 percent and with short term concerns over the China trade war it is currently trading 34.21 percent off of its 52 week high. Morningstar as a 4 star stock with an average price target of $156.38. Nine of 22 analysts list CAT as a buy or strong buy. While Caterpillar's stock has taken a hit, it's business is strong overall beating earnings. For me this was worth taking a small nibble.

Disclaimer

Material 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 investment.

Additional Disclosure I long everything.

Long CAT

Sunday, September 30, 2018

September Dividends

I say it all the time I love quarter months. It's great to truly see a payday. This month 16 companies paid me a total of $34.67. It feels good to keep building like this each month. This time last September I earned $27.18 in dividends. So this is significant progress.


PEP                                 $3.71
BAC                                $0.30
GM                                  $1.14
CMP                                $3.60
DUK                                $3.71
O                                      $3.74
FLO                                 $1.80
JNJ                                   $0.90
EMR                                $2.43
TGT                                 $6.40
AMGN                             $1.32
ADM                                $0.34
DFS                                  $2.00
UL                                    $0.91
HBI                                  $1.51
WFC                                $0.86

Recent Buy D

I recently initiated a small position in Dominion Energy. I bought 3 shares at 70.07 per share. Though D has a payout ratio of 80.9 percent. It also has a track record of 9 years of dividend growth and a current yield of 4.75 percent. The average price target is 73.07. Dominion produces and distributes energy in Virginia and North Carolina to residential, commercial, and governmental customers. This is my second utility. I also hold shares of Duke. This recent buy brings utilities to a healthy 6.3 percent of my portfolio.

Thursday, August 30, 2018

August Dividends

This August really highlights the snowball of even a small DGI like myself. Last August I earned a $11.82 in dividends. I had experienced a 625% Year over year growth and I was over the moon.  This year I earned $32.51 in dividends or 175% year over year growth.  It's nice to see that kind of growth heading into a quarter month.


T:                $10.50
GIS:              $2.94
CVS:            $1.50
ABBV:         $3.84
KMI:            $1.00
O:                 $3.74
DAL:            $1.40
WELL          $4.35
SBUX          $2.88
INN:             $0.36

Tuesday, August 28, 2018

Recent Buy GIS

I've been looking to build upon existing positions. I know GIS has gotten beaten up a little short term. But by diversifying into pet foods and with cereals that I don't believe are going away anytime soon I still believe in them long term. This was a chance to grab a 4.32 percent yield, lower my cost basis for a company with 14 years of dividend growth. With a 64.3 percent payout ratio and a 5-star rating from Morningstar there is room for continued growth. Sign me up.


Disclaimer

Material 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 investment.

Long: GIS
Additional Disclosure I long everything.

Thursday, August 23, 2018

Goal Update

I'm happy to say my two biggest goals for 2018 have been achieved. I'm officially an indentured servant. My wife and I closed on a house in July. Finally we are home owners and in a lot of debt. I also now feel confident in saying I've achieved my goal of a dividend portfolio of $8000. With the $200 in cash I have in my Robinhood account I've crossed $8,400 mark. It's nice to be able to start thinking about 5 figures.

Other financial achievements not mentioned on the goal sheet. I've continued to increase my month RothIRA payments. I'm quickly approaching maxing out my yearly contributions there as well. So between my Dividend account, Roth index fund account and pension I'm slowly inching towards my goal of retiring on or before the end of June 2039 when I turn 59.5.

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October Dividends

October is one of my slowest months. But free money is free money. This month I earned $5.40 from two stocks.  I will take it. Below is a li...