Here are the dividend stocks that I have purchased so far this August – with most of the purchases coming from our largest single day drop so far this year! As Pastor Troy so famously said “since everybody thinks they soldiers then what’s up, we’ll go to war”. And that seems to be where we find ourselves. Trading blows with China in a trade war. And, as with all wars, this isn’t going to be pretty or quick.
The USA adding a 10% penalty tariff on all goods purchased from China (starting in September) is a BIG DEAL! The markets reaction, to what some call, a manufactured crisis is understandable. All we can do is hope cool (non ego or political) heads prevail.
So far, I’ve put almost $3,300 to work with an average yield of 3.37%. I’ve added almost $125 of yearly forward dividend income already this month!
The $T, $GIS, $CVS purchases were all made via DRIP.
New Buys - August 2019
My dividend portfolio has been updated with these buys.
All additional purchases made this June will be posted on this page. I try to invest $2,500 – $4,000 every month. Last month I added a little over $5,400!
What have you been buying this month?
4 Comments
Sorry, but I don’t see it mentioned on your site. What brokerage account (M1, Stockpile, etc) do you use for your automated DRIP investing?
Hi Brad! I use Schwab for my DRIPs. Interactive Brokers has a DRIP feature, but I don’t currently use it.
DP –
Love the support for our beloved Cleveland Bank – KEY! Pumped, congrats on the purchases.
-Lanny
Thanks Lanny!