It’s as simple as it sounds… to be a dividend growth investor, you have to invest money into dividend growth stocks (whether it be individual stocks, ETFs or mutual funds).
While this is easy to say, it’s much harder to do. I’ve struggled, constantly, over the last few years trying to shrug off my second guessing nature that relentlessly tells me I’m paying too much for the dividend stocks I’m buying. I always think a bigger, better deal is just around the corner and I should wait to put my money to work. I mean, why buy a great beaten down stock when it’s yielding 3.2% when I can wait a week or month and get 3.5% instead, right? You know, cause I can time the market (not really).
Now, part (really all) of this is my fault as my investing style is somewhat a constant bottom fishing endeavor. I’m looking for value, which typically means for me, good companies that have been beaten down from whatever business cycle, bad news or crisis of the moment. I’m normally buying companies while the stock price is moving down and the dividend yield is increasing.
Now, we all know it’s time in the market not timing the market that counts. So, in order to combat my need for the bigger better deal, I’ve setup minimum amounts that I will invest during the month. In order to fuel my dividend machine I would like to put at least $2,000 into dividend growth stocks every month from here on out. However, I still have a large amount of assets to invest from my 401k that I have just recently been able to control and will probably surpass that minimum amount a few-fold.
There should be a line under the ticker symbol in the table below – it’s a link. I’ve been working on a public facing version of my dividend yield graphs I use to not only pick my dividend stocks, but also help me determine prices I’m willing to pay. It’s not complete, so please let me know if you find any bugs. You can also use the search in the right column under the heading of Real-Time Dividend Yield & Payout Charts.
New Buys - July 2017
Symbol Company Name Date/Time Quantity Buy Price Comm/Fee Total Cost Yield Income Y Div Q Div IRM Iron Mountain Incorporated (Delaware) REIT 7/5/2017 35 34.20 4.95 1,197.00 6.43% 77.00 2.20 0.55 GIS General Mills, Inc. 7/13/2017 25 53.42 -0.33 1,335.50 3.67% 49.00 1.96 0.49 SJM J M Smucker Co 7/12/2017 10 115.00 -0.33 1,150.00 2.61% 30.00 3.00 0.75 GPC Genuine Parts Company 7/10/2017 25 86.20 -0.33 2,155.00 3.16% 68.00 2.72 0.68 GPC Genuine Parts Company 7/18/2017 25 82.86 -0.33 2,071.50 3.28% 68.00 2.72 0.68 HD Home Depot Inc 7/20/2017 10 151.60 -0.33 1,516.00 2.35% 35.60 3.56 0.89 LOW Lowe's Companies, Inc. 7/20/2017 20 72.93 -0.33 1,458.60 2.25% 32.80 1.64 0.41 HD Home Depot Inc 7/20/2017 10 147.26 -0.33 1,472.60 2.42% 35.60 3.56 0.89 JCI Johnson Controls International plc Ordinary Share 7/28/2017 40 39.50 -0.33 1,580.00 2.53% 40.00 1.00 0.25 SBUX Starbucks Corporation 7/28/2017 50 55.25 -0.33 2,762.50 1.81% 50.00 1.00 0.25 NNN National Retail Properties, Inc. 7/28/2017 50 40.27 -0.33 2,013.50 4.67% 94.00 1.88 0.47 SBUX Starbucks Corporation 7/28/2017 10 53.57 -0.33 535.70 1.87% 10.00 1.00 0.25 ∑ = 310 ∑ = 19,247.90 ∑ = 590.00
In case this ticker link isn’t showing for you: GPC Dividend Yield, SJM Dividend Yield, GIS Dividend Yield, IRM dividend yield, HD dividend yield, LOW dividend yield, SBUX dividend yield, JCI dividend yield
My dividend portfolio has been updated with these buys.
What have you been buying this month? Any incredible deals that I’m missing?
You’ve been busy buying shares. I like the forward dividends from these trades. Keep up the good work.
Yeah, it started off very slow but has quickly gained momentum with the latest Amazon effect correction. I think the extra HD & LOW buys will do very well.
Thanks for stopping by and commenting!
That is a very impressive amount of capital you’ve put to work in just one month. That is one way to get the snowball rolling quickly.
I just discovered your site through your recent comment at Investment Hunting. Count me among your new followers! I really like all the automated content you’ve programmed into it.
I’m especially thankful for the dividend portfolio google sheet and the importHTML function to look up dividend distributions. I’ve been trying to develop a “live” version of the CCC sheet that automatically updates a lot of key information that is constantly changing. Googlefinance took me most of the way there, but I’d only read about the importHTML function…couldn’t really get it to work, because I’m kind of technologically illiterate.
I thought I read somewhere that the importHTML function has an upper limit of instances per googlesheet (like 200 maybe?) Or am I mixing that up with the importXML function?
There are currently 824 Champions, Contenders and Challengers, so if that’s the limit, I’ll have to run multiple sheets which will be annoying but manageable.
Anyway thanks again for a very well put together site!
Hi Cat Fish Wizard,
Thank you for your kind words!
It’s great to meet you and I’m glad you dropped by to say hello! Regarding the google sheets import – I think its limited to 500 per sheet. However, I find that the imports timeout before I get data at much smaller counts (though, that could be a data source issue). If you want it all on one doc and have excel, you could try intrinio for the data. The free version should pretty much get you all the way there.
I look forward to following you site as well!
Wow, nice to see so many buys. That is a lot of capital added and forward dividends gained. GIS is very popular right now. I have been looking closely into GPC as well. They have a lot of value right now.
Yeah, it’s been a good month.
As you can see in the linked charts, both GPC and GIS are trading above their 5 year average dividend yield high. Definitely worth considering if you don’t already own them.
Wow those are some really impressive numbers, congrats! I will be following you!
Thanks Mr Robot! I’m glad you found the site. I look forward to following your journey as well!
Great stuff, I will be looking into your automatisation for my own spreadsheets. Thanks for sharing and will be following you.
Glad you like it Robot. Feel free to use whatever, I’m happy to share!