This month’s slight pull back gave me the opportunity to add a few new dividend growth stocks to the portfolio. As a dividend income investor I seek to add stocks that I believe will continue to grow their dividend yearly. These purchases are just that, some long-term holds that I believe will continue to grow their dividend significantly over the next decade or five.
My Dividend Growth Stocks Purchases – September 2016
September Dividend Growth Stock Buys
Weyerhaeuser is not a typical dividend growth stock and the WY dividend is a little lite for a REIT that I would normally want to own. However, I’ve had a desire to buy some timber land for the last few months. Well, I finally decided that it isn’t the right time to purchase a loblolly pine forest, as I don’t know enough about it, don’t have the cash at the moment, and can’t find any good data (if you have any insight about the tax benefits & ROI of a small timber land owner [30 – 50 acres] please share). So, I did the next best thing, I purchased a few shares of the largest timber company in the world. Now I kinda own a whole lot of trees, that’ll do for now.
I will keep this page updated with any additional dividend growth stocks purchases I make this month.
My dividend portfolio has been updated with these buys.
What have you been buying this month?