Wow, this month came and went pretty quickly. Below are the dividend stocks I purchased this month. You’ll see that i’ve been buying some higher yields this month. This is somewhat of an extension from last month, when I also added some more REITs. Clearly not been the best strategy with markets pulling back a bit the last few days.
So far this month I’ve added a little over $700 dollars in forward dividend income! A pretty awesome month!
New Buys - January 2018
Symbol Company Name Date/Time Quantity Buy Price Comm/Fee Total Cost Yield Income Y Div Q Div
IRM
Iron Mountain Incorporated (Delaware) REIT
1/29/2018
40
$35.30
-0.33
1,412.00
6.23%
88.00
2.20
0.55
SO
Southern Co
1/26/2018
25
$44.30
-0.33
1,107.50
5.24%
58.00
2.32
0.58
IRM
Iron Mountain Incorporated (Delaware) REIT
1/26/2018
30
$35.71
-0.33
1,071.30
6.16%
66.00
2.20
0.55
SBUX
Starbucks Corporation
1/26/2018
20
$58.02
-0.33
1,160.40
2.07%
24.00
1.20
0.30
PSA
Public Storage
1/25/2018
10
$192.21
-0.33
1,922.10
4.16%
80.00
8.00
2.00
DAL
Delta Air Lines, Inc.
1/25/2018
35
$55.37
-0.33
1,937.95
2.24%
43.40
1.24
0.31
DAL
Delta Air Lines, Inc.
1/25/2018
15
$54.79
-0.33
821.85
2.26%
18.60
1.24
0.31
IBM
International Business Machines Corp.
1/22/2018
20
$162.27
-0.33
3,245.40
3.70%
120.00
6.00
1.50
IRM
Iron Mountain Incorporated (Delaware) REIT
1/22/2018
35
$34.85
-0.33
1,219.75
6.31%
77.00
2.20
0.55
D
Dominion Energy Inc
1/22/2018
35
$74.86
-0.33
2,620.10
4.43%
116.20
3.32
0.83
D
Dominion Energy Inc
1/18/2018
6
$74.74
-0.33
448.44
4.44%
19.92
3.32
0.83
D
Dominion Energy Inc
1/10/2018
10
$75.95
-0.33
759.50
4.37%
33.20
3.32
0.83
D
Dominion Energy Inc
1/8/2018
10
$77.64
-0.33
776.40
4.28%
33.20
3.32
0.83
KO
The Coca-Cola Co
1/3/2018
35
$45.44
-0.33
1,590.40
0.0326
51.80
1.48
0.37
∑ = 326
∑ = 20,093.09
∑ = 829.32
My dividend portfolio has been updated with these buys.
I will keep this page updated with additional purchases made this month.
9 Comments
Wow nice 700 in forward dividends in one month is fantastic.
Keep it up
Cheers
Rob
Thanks Rob! We’ll see soon if it was unwise to add so many REITs right now. Thanks for dropping by!
Hi Blake,
I’ve been following your site for a while and I really heard about dividend investing from this blog so I use it as a source of information.
Just wanted to ask a quick question, do you see yourself quitting your job and living off dividend income at some point?
If so, how much money do you estimate needed for such a thing?
Hearing some numbers from you might help.
Thanks a lot (:
Good job lots of forward dividends picked up some good companies you picked up.
Wow, that was a busy week you had, DP. Looks like the utilities held up well over the past couple of weeks of the falling market. I’m sure you’ll do just fine in the long run. Definitely a nice addition to the forward dividend income.
DP, Hang in there! I did the same thing focusing on purchasing REITs with my Roth contribution for 2018. They are out of favor right now, but I think it is just a phase. They will keep paying their higher dividend and stock prices will start going back up.
Great month Blake – and I wouldn’t stress about the market pullback and your strategic decision on the REITS, these things can take some time to play out, and it’s impossible to pick the right time! Just keep putting that money to work in good operations and it will all work out in the end.
What you are doing is fantastic and quite interesting. I am actually doing something similar in buying dividend stocks.
I am curious about one concept I’ve been looking at lately. Like you I track my holding on a spreadsheet. Recently I sorted it by yield. Looking at it, I saw quite a range and saw that I could earn more by increasing my higher paying holdings instead of buying more lower paying stocks in small quantities. Granted I still want a good diversification, but there is time to do both over the long run.
With your portfolio, have you looked at concentrating on your higher paying stock for a while?
Hi Ernest,
As you noticed, in December and January I did buy some higher yielding REITs as they were on sale (and some on an even better sale now). REITs, however, aren’t going to provide the kind of dividend growth that I would like to keep my dividend income increasing year over year. So, for me, maintaining a dividend portfolio with more lower yielding but with higher dividend growth is where I’d like to stay. But I obviously don’t mind adding some higher yielding companies to add more significant income now.
Thanks for dropping in and commenting!