Jan 2021 will go down as one to remember when it comes to purchasing bits and pieces of companies.
My real cute dog is distracting me..
Anyhoo, to make a long story short, I invested $6,206.22 of saved up funds and got in on the ground floor of a few companies. Also made a huge splash in a former holding that had a long record of being very stable and a huge dividend before COVID. WHF. My former largest holding.
Whitehorse Finance (WHF) righted the ship over this year and convinced me that I wanted a part of it again and their 10% dividend. They do not increase the div, but also never cut it. They rode out some major rough waters the made the dividend unsustainable. They are back to having a decent payout ratio and making money.
Another major purchase was getting a chunk of Comcast (CMCSA), and NetApp (NTAP).
My new positions are not large, usually only one or two shares, but will make me want to increase as I see a small holding in comparison to the rest of the companies. That's what I did with Fifth Third Bank (FITB), Snap On (SNA), and Steel Dynamics (STLD). All have passed my stock screener of showing dividend increases, a low P/E, and a low dividend payout, giving room for this company to grow. Here's my post about screening for stocks with a good value Stock Screener
The result of my frenzied purchasing was investing $6,206.22 and increasing my annual dividend total by $359.85. That resulted in a 5.8% yield on my purchases for the month. Sweetness. Someday I may actually enjoy the monies..
Well, back to my dog now!
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