Dividend Growth Stocks

Money in the Trough – May 2016 Buys

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In order to reach my dividend goal of earning $3,000 this year in dividend income, I need to start doing some serious investing.  While the 2016 goal is ambitious (doubling last years dividend income) it is obtainable.

This is, without a doubt, the last year that I’ll be able to double my dividend income in a single year.  As you may have read in my April dividend income report, I’ve calculated I need to put almost $20,000 to work in the next few months in order to get close.   I’m not sure I can make it, but I’ll certainly try.  Fortunately, I have a good amount of cash sitting in the accounts ready to be put to work.

This page will be updated as I make further buys this month.  I would like to put at least $6,000 (responsibly) to work this month… lets see if the market will work with me.

My Dividend Growth Stock Purchased – May 2016

May 2016 Dividend Growth Stock Purchases



My dividend portfolio has been updated with these buys as well as the additions made via DRIP.

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!

2 Comments

  1. Wow you have been busy! Lots of familiar names on that list. I’m also taking a really close look at TRV. Congrats on the buys.

    Ken

    • Blake

      Hi Ken,

      Its been an exciting month! I also have another limit order on TRV waiting on the right price. We shall see.

      Thanks for stopping by!

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