Dividend Growth Stocks

Money in the Trough – May Dividend Stock Purchases – 2019

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WOW!  What a month already, eh?  Here are the dividend stocks I’ve picked up so far this May… it’s a lot more than usual!

I’ve been very busy with getting our house ready for sale and haven’t been able to keep up with my normal posting schedule.  But, I did want to share some thoughts.

Trump 25% Penalty Duties – Trade War with China

This most recent market drop stems from a very serious, pending trade war with China.  However, I don’t think its going to happen.

In my humble opinion, President Trump has done something he probably shouldn’t have done, he has strongly tied the success of his presidency to stock market performance.   What I believe that means is this turmoil with international trade will be short lived.

The 10% penalty duty that was enacted several months ago is serious, but manageable.  However, a 25% duty that was recently threatened is the equivalent to using a 25lb sledgehammer to put a nail in the wall.  Your gonna break the drywall.  The threat to add the 4th round of tariffs on the goods everyday folks purchase, clothes and toys with additional penalty tariffs of 25% would really be felt and would strongly effect the blue collar workers of the USA.

We all know a serious recession will quickly follow a prolonged trade war with China.  I don’t want that, you don’t want that, the stock market doesn’t want that and Donald Trump doesn’t want that.  A deal will be struck, it’s just a matter of time, and the 25% tariffs will not be levied for very long, or hopefully not at all.

[Update 5/10/19]: Good news, the 25% penalty tariffs aren’t actually going to in effect today.  Goods that are currently on the water (or that leave up until tonight) are still only subject to the 10% penalty duty.  This provides an extra two and a half weeks of cushion to get a trade deal done with China.  Again, that’s great news!

So, I’ve been buying… probably more than I should have… YOLO (you oughta look out) 😉   So far, I’ve put a almost $7,300.00 to work with an average yield of 2.85%.  I’ve added roughly $200 of yearly dividend income already this month!

The $T, $GIS and $CVS purchases were all made via DRIP.

New Buys - May 2019

My dividend portfolio has been updated with these buys.

All additional purchases made this May will be posted on this page.  I try to invest $2,500 – $4,000 every month… last month totaled a little over $3,000!

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!


  1. Wow Dividend Pig. You were not kidding. You have been purchasing stocks like crazy here! Nice job pushing the ball forward. Love the names on the list and there are some solid, legendary dividend companies in there.


    • Blake

      Thanks Bert! It’s been an active month for sure. I suspect we’ll see a deal relatively soon (next week or two). Great to hear from you and congrats again on the new baby!

  2. Pig –

    I’m also going to chime in. VVV? Never even thought about them as an investment. VERY interesting and time for me to review even further. Great job kicking ass.


    • Blake

      Thanks Lanny. Yeah, Valvoline is one of those potential big dividend growers. I think they are worth a look here.

  3. You have been on a buying spree. some nice companies bought. some i have and others i want.

    • Blake

      Hi Doug! Yeah, it’s been a busy 2 weeks. It will be interesting to see what happens in another 2 weeks once this new duty “really” goes into effect. Hopefully, a grand deal will be reached before then.

    • Blake

      Thanks DD! Obviously I also like MMM, I had a bigger buy around 160 that sadly never hit. BA 737Max issues are tough. There will probably be a bit more pain ahead so it might be wise to average down in smaller chunks. Keep putting that money to work!