
Received four dividend raises this week; 6.15% raise from Merck (MRK), 11.1% raise in C$ from Bank of Nova Scotia (BNS), 10.3% raise in C$ from Canadian Imperial Bank of Commerce (CM), and a 10.2% raise from Amgen (AMGN). Markets picked up where they left off on Black Friday continuing to drop when the Fed hinted at accelerating the tapering process by a few months which made quite a few buying opportunities. Here are my trades for the week:
- Leggett and Platt (LEG) – increased position – Slowly building this position out with small buys. Grabbed 2 shares @ $40.64 and a 4.13% yield..
- Walgreens Boots Alliance (WBA) – increased position – WBA is increasing their focus on health care and I am onboard. Grabbed 2 shares @ $45.66 and a 4.20% yield.
- Snap-On Inc. (SNA) – increased position – Keep lowering my cost per share with this strong dividend growth stock. Grabbed 3 shares @ $207.81 and a 2.73% yield.
- Verizon Inc. (VZ) – increased position – This buy should push me into a triple digit quarterly payout for 2022. Grabbed 3 share @ $51.46 and a 4.97% yield.
- Amgen (AMGN) – increased position – Priced dropped yet again and got this a $1/share cheaper than what I paid for in October. Grabbed 1 share @ $200.59 and a 3.51% yield.
- Unilever PLC (UL) – increased position – Trading at their 52 week low. Grabbed 2 shares @ $51.11 and a 3.91% yield.
- J.M. Smucker (SJM) – increased position – Started this position earlier in the year and still working on building it up. Grabbed 1 share @ $126.23 and a 3.14% yield.
- Oil-Dri Corporation of America (ODC) – increased position – ODC is finally raising their prices for kitty litter. Grabbed 2 shares @ $32.72 and a 3.29% yield.
Consistency is the key, and slow and steady wins the race. I don’t have any of those positions SD but I like how you are systematically increasing your position over time. Moreover, it’s always good when companies increase their dividends without you having to do anything.
I like your blog. I added yours to my resources page on my blog. I’m looking forward to future updates.
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Thank you Dividend Portfolio,
Dividend growth investing isn’t the fastest way to FI but has the least barrier of entry and the concept is easy which is why I like it. As you stated best way to be successful with this is consistent saving & investing.
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I see we are starting to think alike – also made purchases in WBA, VZ, and AMGN. SNA I have as well and have been watching if it dropped a little more I was going to add.
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Lately any dips don’t last long and you have to be quick take advantage..
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Very true – picked up V on a dip at the end of Nov already back up around 10%.
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