Happy 4th of July! This month I’m adding to existing positions where I am currently a little thin. There aren’t many scorching values currently, so this is a perfect month to dollar cost average into existing positions.
I keep a running log of every dividend stock I purchase which can be viewed in the dividend growth stock purchases page.
So far, I’ve put a little over $2,600 to work with an average yield of 2.8%. I’ve added almost $75 of yearly forward dividend income this month!
The $IRM purchase was made via DRIP.
New Buys - July 2021
|Symbol||Company Name||Date||Quantity||Buy Price||Comm/Fee||Total Cost||Yield||Income||Y Div||Q Div|
|VZ||Verizon Communications Inc.||07/01/2021||5||56.31||0||281.55||4.46%||12.55||2.51||0.63|
|IRM||Iron Mountain Inc||07/06/2021||2||42.42||0||84.84||5.83%||4.95||2.47||0.62|
|VZ||Verizon Communications Inc.||07/08/2021||5||55.60||0||278.00||4.51%||12.55||2.51||0.63|
|STOR||Store Capital Corp||07/15/2021||1||36.00||0||36.00||4.00%||1.44||1.44||0.36|
|KMB||Kimberly Clark Corp||07/23/2021||5||130.13||0||650.65||3.50%||22.80||4.56||1.14|
|UL||UNILEVER N.V. Common Stock||07/26/2021||8||55.86||0||446.88||3.58%||16.00||2.00||0.50|
|VZ||Verizon Communications Inc.||07/27/2021||20||55.75||0||1,115.00||4.50%||50.20||2.51||0.63|
|∑ = 147||∑ = 9,298.51||∑ = 266.13|
My dividend portfolio has been updated with these buys.
All additional purchases made this July will be posted on this page. I aim to invest $2,500 – $4,000 every month. However, last month I invested almost $7,200!
Congrats on a putting a good amount of money to work! I’m in the same boat where I’ve been struggling to find good investment candidates so it’s been a lot of DCA and leaning into some higher growth/lower yield opportunities for the long term.
Thanks! I’m with you! Gotta keep adding money every month… even when you can’t find incredible deals. A little here and a little there become a LOT down the road.
I have been reading your blog over the last couple of weeks. Thank you for sharing all of this information. I really appreciate the information as I continue to learn and determine where to put my money.
In my research of dividends I’ve come across the high yielding cover call divided stocks/ETF. I don’t see mention of covered call stocks in your blog – is there a specific reason you don’t invest in covered call ETFs? If you do have a piece written about them somewhere could you please share that link?
Thank you for your time, Maverick
Thanks for reading and the comment. I do own a little $QYLD – mostly as an experiment. I wrote a little about my thoughts on how $QYLD is not a dividend growth stock here. Hopefully, that helps! If you are looking for immediate income, then they are a good option. However, if you are looking for increases in either dividend growth or price appreciation – then there are much better options out there.
A nice group of stocks of fine businesses you added to your portfolio. Keep adding, the compound effect is already working for you!