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 |
CMI | Cummins Inc. | 07/06/2021 | 3 | 236.40 | 0 | 709.20 | 2.45% | 17.40 | 5.80 | 1.45 |
VZ | Verizon Communications Inc. | 07/08/2021 | 5 | 55.60 | 0 | 278.00 | 4.51% | 12.55 | 2.51 | 0.63 |
ADM | Archer-Daniels-Midland Co | 07/08/2021 | 10 | 59.45 | 0 | 594.50 | 2.49% | 14.80 | 1.48 | 0.37 |
VTRS | Viatris Inc | 07/08/2021 | 50 | 13.75 | 0 | 687.50 | 3.20% | 22.00 | 0.44 | 0.11 |
STOR | Store Capital Corp | 07/15/2021 | 1 | 36.00 | 0 | 36.00 | 4.00% | 1.44 | 1.44 | 0.36 |
C | Citigroup Inc | 07/15/2021 | 25 | 67.63 | 0 | 1,690.75 | 3.02% | 51.00 | 2.04 | 0.51 |
C | Citigroup Inc | 07/19/2021 | 5 | 64.76 | 0 | 323.80 | 3.15% | 10.20 | 2.04 | 0.51 |
MA | Mastercard Inc | 07/19/2021 | 4 | 368.39 | 0 | 1,473.56 | 0.48% | 7.04 | 1.76 | 0.44 |
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 |
CMI | Cummins Inc. | 07/30/2021 | 4 | 231.57 | 0 | 926.28 | 2.50% | 23.20 | 5.80 | 1.45 |
∑ = 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!
6 Comments
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.
Hello,
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
Hi 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!
Cheers
SavyFox
Thanks Savy!