Dividend Growth Stocks

Money in the Trough – July Dividend Stock Purchases – 2022

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Holy Moly, the month is almost over!  I thought I had already posted my July dividend stock buys… whoops!  Anyway, here is what I’ve been picking up.

I keep a running log of every dividend stock I purchase which can be viewed in the dividend growth stock purchases section.

So far, I’ve put a little over $4,250 to work with an average yield of 2.6%.  I’ve added a little over $115 of yearly forward dividend income this month!  The $IRM, $TTE & $CSCO purchases were made via DRIP.

New Buys - July 2022

Symbol Company Name Date Quantity Buy Price Comm/Fee Total Cost Yield Income Y Div Q Div
AVGO Broadcom Inc 07/01/2022 2 479.41 0 958.82 3.42% 32.80 16.40 4.10
JPM JPMorgan Chase & Co 07/05/2022 5 109.69 0 548.45 3.65% 20.00 4.00 1.00
IRM Iron Mountain Inc 07/06/2022 2 47.86 0 95.72 5.17% 4.95 2.47 0.62
TTE TotalEnergies SE 07/14/2022 1 48.13 0 48.13 6.32% 3.04 3.04 0.76
AFL AFLAC Incorporated 07/14/2022 6 53.27 0 319.62 3.00% 9.60 1.60 0.40
RY Royal Bank of Canada 07/14/2022 1 92.86 0 92.86 3.66% 3.40 3.40 0.85
JPM JPMorgan Chase & Co 07/14/2022 1 106.84 0 106.84 3.74% 4.00 4.00 1.00
STOR Store Capital Corp 07/15/2022 1 26.09 0 26.09 5.90% 1.54 1.54 0.39
MDT Medtronic PLC 07/20/2022 3 89.25 0 267.75 3.05% 8.16 2.72 0.68
UNP Union Pacific Corporation 07/20/2022 3 214.86 0 644.58 2.20% 14.16 4.72 1.18
MSFT Microsoft Corporation 07/25/2022 1 256.86 0 256.86 0.97% 2.48 2.48 0.62
CSCO Cisco Systems Inc 07/27/2022 1 44.36 0 44.36 3.25% 1.44 1.44 0.36
SHW Sherwin-Williams Co 07/27/2022 3 222.86 0 668.58 1.08% 7.20 2.40 0.60
NKE Nike Inc 07/27/2022 2 105.86 0 211.72 1.17% 2.48 1.24 0.31
CMCSA Comcast Corporation 07/28/2022 15 39.86 0 597.90 2.71% 16.20 1.08 0.27
SWK Stanley Black & Decker, Inc. 07/28/2022 3 99.86 0 299.58 2.76% 8.28 2.76 0.69
INTC Intel Corporation 07/29/2022 10 35.55 0 355.50 4.16% 14.80 1.48 0.37
CMCSA Comcast Corporation 07/29/2022 10 37.45 0 374.50 2.88% 10.80 1.08 0.27
SWK Stanley Black & Decker, Inc. 07/29/2022 2 95.55 0 191.10 2.89% 5.52 2.76 0.69
CMCSA Comcast Corporation 07/29/2022 10 36.59 0 365.90 2.95% 10.80 1.08 0.27
∑ = 82 ∑ = 6,474.86 ∑ = 181.65

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, in June I invested just a little over $10,200!

Blake

I'm a dividend growth investor who is aiming to retire early in 4 years at the age of 45. My goal is to live off the income my dividend portfolio and rental property produce exclusively and leave the corporate rat race. I hope you will join me in this journey!

4 Comments

  1. Congrats Blake! Nearly $4,900 in investments for one month is big! So far in 2022 we’ve invested just over $19k in our non-retirement accounts and I’m hoping we can keep that pace up through the rest of the 2nd half since that would put us up over $30k invested for the year.

    • Blake

      Thanks JC, well done to you also! Sounds like we’ve both been working hard to put money to work. For me, it’s crazy to think we’ve already put in a bottom. If it is true, then I wish I could have found more cash to put to work. 🙂

  2. Blake,

    A few questions. Do you have a goal number in mind for the number of stocks you want to own? Do you have a number for the stocks you do own, i.e., 100 shares per each stock or 100 shares of one and 200 of another? What are your big factors in determining a buy?

    Thanks,

    Tom

    • Blake

      Hi Tom! I don’t have a set number of holdings or quantity of those holdings that I want to own. I think of my portfolio as a hand picked dividend ETF (similar to VYM or VIG or SCHD…) where I am able to purchase individual dividend stocks only when they’re on “sale”. However, 100 shares is kind of ideal as selling covered calls is always a nice little bump for income. I’m a big fan of the dividend yield theory and is heavily considered when trying to determine “sale” valuations. Other times, I have stocks I take a leap into when I determine I want to own it and am not willing to wait for a sale price (that may or may not ever come). Perhaps I shouldn’t admit this, but I don’t have a hard and fast formula for my dividend stock purchases. I look for great value and long term growth. It’s not entirely scientific, but it has worked out alright thus far 😉

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