Another month has gone by, 1st Quarter is officially in the books and earnings are starting to come out. Stock market is loosing a little steam and seems to be going sideways the past few weeks and I’m still investing.
One interesting fact is this marks the one year mark where I decided to switch gears in investing and approach more of Dividend Growth Investing strategy. So far the results have been producing a nice stream of income and is more reliable that speculative buying of stocks.
- VZ (added 50 shares @ $47.13, total of 55 shares), 4.28% yield
- JNJ (added 10 shares @ $121.76, total of 29.1196 shares), 2.73% yield
- IBM (added 3 shares @ $160.36, total of 9 shares), 3.31% yield
I’m still on the accumulating phase and been trying to scrap every little dollar I can and transfer to brokerage account. Credit card rebates, coupon savings difference all get sent to brokerage account as new capital. This year I added is $4145.45 of new capital, compared to $960.40 for last year. Growing very nicely.
April has continued the growth streak, I’m still not anywhere where I want to be in terms of aggressive dividends due to tax refund not coming in yet but still showed growth from previous year. I received $106.14 in dividend income compared to $12.99 for last year, a 7-fold increase 🙂
Dividend increases also propelled nicely and added an additional $17.33 in future income.
The train continues.