What a fantastic month we’ve had so far! These up market moves are a double edge sword for me. The market going up is wonderful, but it also means there aren’t as many great values on dividend stocks to buy. I’ve hesitated to make this post as I’ve made so few dividend growth stock buys this month. But, I need to post the few buys that I have made. So, here you go.
While we are talking about monthly buying frequency… I do have a minimum amount of trades that I’ll make a month. Because of the way Interactive Brokers structures their “you’re not our target customer fees” (less than 100k in your account), I get a “we haven’t made enough commissions off you fee” if I don’t make at least 10 trades (or a total of $10 in commissions – I pay $1 a trade). So, I’ve told myself that I will make at least 2 buys a month. That’s the equivalent to $10 – $14 in total trading fees if I were to make 2 trades with most other online brokers. I’ll still get an $8 fee from IB, but it keeps my head in the game even when there aren’t glaring deals to be had.
Here are the Dividend Growth Stocks I’ve purchased – March 2016.
March 2016 Dividend Growth Stock Purchases
|Symbol||Company Name||Date/Time||Quantity||Buy Price||Comm/Fee||Total Cost||Yield||Income||Y Div||Q Div|
|POT||Weekend Unlimited Industries Inc||3/23/2016||10||17.86||-1.00||178.60||5.60%||10.00||1.00||0.25|
|UNP||Union Pacific Corporation||3/29/20016||4||78.41||-1.00||313.64||2.81%||8.80||2.20||0.55|