09-09-2022, 03:15 PM
The week in Ron's Dividend Land
I have been a bit under the weather this week, so I am going to get this done and then take a morning nap. I am getting better, but apparently can't rush it or will my body to get over it right now.
Dividends received: AMGN and JNJ
Shares purchased, SCHD and GLW
Dividend increases announced: VZ and PBA (this one unexpected).
A pretty good week. I continue my practice of taking accumulated dividends, some from high yield companies like VZ and PBA, and put them to work in mid-yield fast and very fast dividend growth companies. Seems to be working all right.
I gave a thought to selling the rest of our about .65 weight position in KMI and putting the proceeds into PBA and ENB, but have chosen not to at this time. KMI has become a steady Eddy and I expect that (like ENB) it will get its dividend safety score upgraded in the next year or two.
Also gave some thought to trimming the overweight WEC and using the proceeds to start a position in MDT, but have not made a decision on that yet.
Of my more recent positions that I have been building, here is where I am so far:
AMGN is now a .65 weight position
GLW has reached a .76 weight position
RY is a .69 weight position
TROW is a .75 weight position and
SCHD is a 2.58 weight position.
The other 4 would have grown more rapidly if SCHD had not been such a good deal over the past year.
That is it for now.
I have been a bit under the weather this week, so I am going to get this done and then take a morning nap. I am getting better, but apparently can't rush it or will my body to get over it right now.
Dividends received: AMGN and JNJ
Shares purchased, SCHD and GLW
Dividend increases announced: VZ and PBA (this one unexpected).
A pretty good week. I continue my practice of taking accumulated dividends, some from high yield companies like VZ and PBA, and put them to work in mid-yield fast and very fast dividend growth companies. Seems to be working all right.
I gave a thought to selling the rest of our about .65 weight position in KMI and putting the proceeds into PBA and ENB, but have chosen not to at this time. KMI has become a steady Eddy and I expect that (like ENB) it will get its dividend safety score upgraded in the next year or two.
Also gave some thought to trimming the overweight WEC and using the proceeds to start a position in MDT, but have not made a decision on that yet.
Of my more recent positions that I have been building, here is where I am so far:
AMGN is now a .65 weight position
GLW has reached a .76 weight position
RY is a .69 weight position
TROW is a .75 weight position and
SCHD is a 2.58 weight position.
The other 4 would have grown more rapidly if SCHD had not been such a good deal over the past year.
That is it for now.