Dividend Growth Stocks

Money in the Trough – May Dividend Stock Purchases – 2020

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This has been an interesting month of surprise market results.  The USA has achieved higher highs in unemployment numbers while the stock market is cursing upwards.  I suspect investors are seeing glimpses of the world reopening  and finding values?  Sounds good to me!

I try to invest in the best dividend stock values I can find every month – no matter the market condition.  Below are the dividend stocks I’ve purchased so far this May.  I keep a running log of every dividend stock I buy which can be viewed in the dividend growth stock purchases page.

So far, I’ve put a little over $2,000 to work with an average yield of 6.4%.  I’ve added almost $135 of yearly forward dividend income this month! Another high yield month!

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

New Buys - May 2020

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.  However last month, I only invested a little over $1,550!

I'm a dividend growth investor who is aiming to retire early in 6 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!

6 Comments

    • Blake

      Hi Lanny! Yeah, I know that feeling well. Travel often gets in the way of investing for me as well! Stay safe!

  1. Hey Blake,

    If there’s been one great thing about this downturn, it has been the ability to get invested at much better yields. Getting stocks at a 6.4% yield can result in serious money, particularly if they’re bumping the div along the way. Always feels great to boost the forward income.

    Take care,
    Ryan

    • Blake

      Hi Ryan,

      Exactly! Right now, financial sector average yields are great! Hopefully, most of them will hold… I guess time will tell.

      Great to hear from you!

  2. Hey, you seem to have a pretty large portfolio. Would you be able to share these transactions with me in one sheet? I’d like to import them to digrin.com and see, how your portfolio is doing time wise (XIRR) + how my site will handle that big portfolio 🙂

    • Blake

      Hi Lucas,

      Well, I have the data… but it’s all broken into separate spreadsheets by the month. It would be a bit of a chore to get that all into one sheet. Just looked at your site, very cool. Where are you getting reliable data from?

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