Since my main goal is to retire through dividend growth investing, what really gets my heart aflutter is dividend increase announcements. And March was great for that with 6 of my holdings announcing increases including the much awaited increase from the token $0.01 that Bank of America has been paying since the Great Recession. The new quarterly dividend is $0.05 which still isn't spectacular but it's back on the right track. Management tried to give a higher dividend than $0.05 but was turned down by the Fed. This is probably for the better as there's still more litigation issues to settle from the financial crisis/housing bubble. Either way I'm excited about all the dividend increases! With the purchases and increases I'm now well over $4,100 in forward 12-month dividends which is awesome. That's over $340 every month!
Also in case you missed it, Baxter International (BAX) is going to follow in the footsteps of Abbot Laboratories and split into two companies. The company will be split into a pharmaceutical company and a medical products company. The split won't be completed until mid-2015 but I'm looking forward to it.
One more in case you missed it. I posted a stock analysis on McDonald's Corporation over at Seeking Alpha so if you're interested go and give it a read and let me know what you think. I'm planning on going through YUM! Brands next and then I'm not quite sure where I'll be going next. So if you have any ideas feel free to pass them along.
Thanks again to everyone that stopped by, commented and shared posts from here this past week. It still amazes me that anyone would want to follow along with my journey. As always if there's topic you'd like to see covered more often feel free to let me know in the comments or using the contact form on the sidebar of this page.
A special thanks to Zach from DividendLadder for his post about three dividend stocks with growth potential.
I missed last weeks roundup so this one will be a bit longer. Now on to the links!
Why I'm Not Afraid of Failing by FI Fighter - Whether you want are striving to build a business or reaching for financial independence/early retirement. What's the worst that can happen? You fail but learned great lessons along the way? Get out there and give yourself a chance. If you resign yourself to ordinary, that's all you're going to get.
20 Favorite Dividend Growth Stocks from 20 Dividend Growth Bloggers by Dividend Growth Stock Investing - This is a great list of companies and even better is getting to find some other dividend growth blogs that I didn't already follow. Any ideas which was the favorite?
Goal Setting - A Look at Forward 12-month Dividends by Write Your Own Reality - Forward 12-month dividends are my favorite portfolio stat to track. I get to see how much closer I am to reaching financial independence with each purchase and each dividend increase.
Why I Sold this Dividend Stock for a Loss by Clear Eyes Investing - In case you thought you were the next Warren Buffett, chances are you're not. The longer you invest the more likely it is you'll make a bad decision on either the buy side (buying too richly) or the sell side (waiting too long to dump a loser). Know that truth before you invest so you can come up with a plan for how you'll deal with it and recover. You can learn from your investing wins, but you'll learn a lot more from your investing losses; so take them as they are which is a great learning opportunity.
Retirement Strategy Revisited by Retire Before Dad - While coming up with a retirement plan is important, even more so if you're seeking early retirement, nothing gets set in stone. Plans and ideas change and sometimes you find new to you investment or income sources.
Selective Dividend Reinvestment vs DRIP by Dividend Mantra - This is something that's crossed the mind of just about every dividend growth investor that I know. Is it better to collect all dividends in cash and reinvest in the best values you see or just automatically reinvest into the paying company? I'm still torn on this and have some of my positions set up for both ways.
JNJ Stock Dividend Analysis by Brick By Brick Investing - Marvin took a break last year because life just plain got too busy to keep up with a blog as well. Thankfully he's back and providing some great analysis. This time he looked at a lot of dividend growth investors' favorite JNJ. I really like the easy to read infographic showing some of the historical metrics of the company.
March Dividend Increases by Compounding Income - As a dividend growth investor, I love a dividend increase as much as each of you. I own 4 of the 6 that he mentioned so March treated me quite well.
Picking Through Stocks in Beaten Down Sectors by Income Surfer - The markets are continuing their roll from the beginning of 2013 pushing a lot of dividend growth companies to fair value at best. There's still areas of value but it's not as broad based as before. As such one place to go looking for investments is through the unloved sectors at the moment.
Is there any value out there? by Financially Integrated - This is a question that I think a lot of investors have been asking lately. Starting at the beginning of 2013 the stock markets, and our beloved dividend growth stocks, have generally seen a large increase in share price. There's usually still pockets of value in any bull market, it's just that sometimes you have to really look for them. Check out the post to see what companies he's interested in.
One last thing, if you want to receive posts by email go on and sign up for my mailing list. I'm also working on getting a monthly newsletter out as well, hopefully with the first installment coming in early April. There's a few other things that I'm working on but those will have to remain secret for now. But if you sign up for the posts/newsletter you'll be the first to hear about what's in store.
I hope you all have a great weekend!