Dividend Growth Stocks

Money in the Trough – September Dividend Stock Purchases – 2021

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Well, this has been an interesting start to September.  It’s been a lot more active than I thought after last month’s big investing month.

Let’s talk about Coronavirus for a second: It looks like our second wave has peaked and are hopefully on the way back to normal… which should be great news for the market!  After president Biden’s speech last night, I’m feeling really encouraged that Covid will soon be minor news!

As Biden mentioned, the percent of coronavirus breakthrough cases are inconsequential (unless it happens to you or a loved one).  According to the CDC, there have only been 12,908 breakthrough cases that have resulted in hospitalization or death.  That is super encouraging and truly means there isn’t serious risk to vaccinated individuals!   Clearly, adults who have not been vaccinated have made that decision to not be vaccinated.  In the USA they have the right to make that decision and now we know (and have real data) that there isn’t substantial risk to vaccinated people – it’s time to move on.  Everyone I know got vaccinated to protect themselves and to allow us to return to normal.  Based on the statistics and trends, it looks like that time in the USA is almost here!  YAY!

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 $5,200 to work with an average yield of 2.8%.  I’ve added almost $155 of yearly forward dividend income this month!

The $ENB purchase was made via DRIP.

New Buys - September 2021

My dividend portfolio has been updated with these buys.

All additional purchases made this September will be posted on this page.  I aim to invest $2,500 – $4,000 every month.  However, in August I invested a little over $15,000!  Like I said, that was a big month for me!

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!

4 Comments

  1. Hi Blake,

    I enjoy reading your blog and I have similar goals and investment philosophies as you do! I am curious on the extra income you are investing each month, its a sizable amount, is that reinvested dividends, or do you have other income sources?

    • Hi Nick!

      Yeah, this has been a kinda odd couple of months of investing and putting money to work. It’s been a combination of things – downsizing our home and eliminating our mortgage (we did a little over a year ago which freed-up a bunch of money), moving cash from savings, refunding some expensive trips, paying less on our rental mortgage and of course dividends received (which are starting to add up). The vast majority of the extra capital is from moving cash from savings and putting it to work. I had more than necessary sitting in the bank and feel comfortable with a smaller emergency fund.

  2. Hi Blake
    Nice acquisitions to put your money to work. I like Enbridge in particular, has been on my watchlist for some time. Keep it up and all the best.
    Cheers

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