Strategy for building my portfolio

Hi all, I wanted to get in a quick update post before June finished, and I post the June dividend results. After looking at my portfolio, and building a nice set of stocks, I looked through, and realized that I own very few stocks with more than 1 share. I am diversified (granted, with a lot of REITs), but I do not have much holding in many companies.

So I put together a strategy of instead of building a lot of one off stocks, I will concentrate on building my portfolio to include at least 10 shares of each stock. As a secondary, I am also deciding that if my stocks are low dividend, I will try to get it to a $1 payout instead of 10 shares.

My first purchase to this end was 8 shares of GMRE, to bring it up to 10 shares. This should bring in $2 each quarter, so a cool $8 in forward dividends. I am also working on GLAD, which due to their $.07 per share a month payout, I will need to own at least 15 shares, to bring in $1.05 a month, which is $12.60 in forward dividends. I only own 6 shares in GLAD now, so I have some work to do.

I currently own 11 shares in ORC, so I will buy one more, since they decreased their dividend to $.09 per share a month. I also need 2 more shares of NAVI to bring it to 10 shares. The biggest companies I will have a hard time doing this for is D and AEP, as they are bigger companies and will cost a pretty penny to bring within my goal range. As I have stated when I started this blog, I am just a normal guy, so the money to bring about this goal will be a slow process. But I hope to keep pushing forward and reach FI.

P.S. I finally got my portfolio page up!


Thanks for reading,

New2Dividends

May 2018 Dividends

Hello again. Sorry, as this is only my second post. I am trying to get out update posts, but am very new to blogging. I will try to put up my portfolio soon, but for now, it is time to look at my May dividends.

My four primary stocks that I have an automatic recurring investments are Cisco, Ford, Intel and Verizon. In May, Verizon payed the only dividend of these. My Verizon dividend was $17.04. The rest of my dividends are from amalgamations that I have put together over time:
VZ - $17.04
PSEC - $1.26
GLAD - $0.28
HRZN - $0.10
ORC - $0.99
AGNC - $0.54
O - $0.22
T - $0.50
GOOD - $0.13
MAIN - $0.19
GAIN - $0.07
GNL - $0.18
TAIT - $0.08
OHI - $1.32
OAKS - $0.04
CZNC - $0.27
KBWD - $0.30

So my total May 2018 dividends were.....$23.70. Woooooo!! I know to many it may not seem like much, but to me, this is great. I started out in mid late 2015. My first dividend was October 2015. So in May 2016, I made $2.72. The year after that in May 2017, I made $11.04. So now, for May 2018 to be $23.70, that is a 114.67% increase over May 2017. So that is substantial. Like I said, I am a normal guy. Nothing special. So I like seeing how this can build over the year. Hopefully, I will do even better next year. Talk to you soon.

-New2Dividends