Dividend Stock List

The Dividend Portfolio Grows

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Dividend-Portfolio-Grows-300x199Don’t you just love down days? I do, and I wish there were more. It seems like we rarely get these kind pull backs nowadays.

But, with blood in the streets, there’s opportunities to be had. And, today I added to the dividend portfolio.

I actually wasn’t even watching the market this morning until I received an email from my broker. It wasn’t the stupid robo-advisor solicitation they keeping pushing but a trade confirmation. One of my buy limit orders had triggered. Happy day!

Today I am the proud new owner of 11 more shares of Chevron (CVX). I set up the buy order back when Chevron was in the $105 a share range in April. I had been watching Chevron and missed the dip. I was determined to dollar cost average if it came back to the low one hundreds. Below are the details:

Purchase Date: 6/4/15
Company: Chevron – (CVX)
Buy price: $101.65
Shares bought: 11
Yield: 4.2%

The $1,100 Chevron purchase will add $45.00 of annual dividend income to the portfolio!

While I was watching all the red, I decided I should jump in and get another stock I’ve been WAITING to buy.  I had a buy limit order already setup but decided to cancel that order, bite the bullet, and take the market price. I was already in the grip from the first buy of the day.

So, I also purchased Johnson & Johnson (JNJ) today as well.

Purchase Date: 6/4/15
Company: Johnson & Johnson (JNJ)
Buy price: $99.29
Shares bought: 15
Yield: 3.01%

The $1,500 Johnson & Johnson purchase will also add $45.00 of annual dividend income to the portfolio!

I purchased shares in two great companies (though Chevron is having a bit of a cash flow problem right now), spent $2,600, and added $90 of annual dividend income to the dividend portfolio.

Today was a good day as the dividend portfolio grows!

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!

10 Comments

  1. Great purchases! I just set a $100.15 limit order on CVX earlier today. I’m looking to average down from my original $110 purchase price.

    Ken

    • Blake

      Hi Ken! I set my limit order a little higher a few months ago because I wanted to make sure I was able to add to my initial position sooner rather than later. But I bet you’ll get filled at 100.15 pretty soon. I suspect oil will benefit from war in not too long.

  2. Great job adding to two excellent companies that will pay you big dividends and allow you to sleep peacefully at night. We need to put a few limit orders out there in hopes of the surprise email from the broker. Anything else catching your eye at the moment? Thank you for sharing and enjoy those dividends.

    All the best

    FD

    • Blake

      Sleeping well at night is the plan. I’m watching Realty Income (O) pretty closely at the moment. I second guessed myself into inaction in October when it was in the low 40s. Realty Income has been on my list since I began. I’ve stayed clear recently as I believe there will be a good sized decline in all REITS when rates start to rise. But I don’t know much longer my longer I can hold out. Thank you for stopping by!

  3. Great entry prices. I have the feeling split between my two strategies – options trading and dividend investing. As a dividend investor I agree with you that the down days are great and I cannot wait for more as I might be buying more shares of COP this month and a sell off will offer a great entry price.
    As an option trader I have some significant bullish exposure which I didn’t take off and next week will cost me arm and leg.
    So, good luck and congrats on the progress.

    • Blake

      Hi Martin! Sorry to hear about your potential option losses. I still don’t think the market wants to go down for awhile. I’ll keep my fingers crossed for you that today is the bounce you need to move you back towards the green!

      Thank you for stopping by!

  4. Great purchase on CVX and JNJ. Both are solid dividend growth companies. You’l be very happy with these purchases in the long run.

    • Blake

      Hi Tawcan! I’m very happy with the purchases. Now I just need more 🙂

      Thank you for stopping by!

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