I continued to invest this week even though my plan is to rebuild our emergency funds. At least the capital was put towards a positive use and not just spent on unnecessary things. I fully expect the purchases to slow down although there is one more that I need to write about and I do have enough capital for another purchase already in my brokerage account and with some more dividend payments throughout the month, possibly enough for two more purchases if I split up the capital into smaller portions.
It was a pretty solid week to be a dividend growth investor since three companies I own announced raises. Two of the increases came from the financial sector as the companies passed the "stress tests" and had their capital allocation plans approved and the other was a consumer staple giant. Wells Fargo increased their dividend by 7.1% which increases my FI Portfolio's forward annual dividends by $5.50 and my Roth IRA's by $2.73. JP Morgan also announced a solid increase of 10%. I only hold shares of JPM in my Roth IRA and the increase raised my forward annual dividends by $3.50. I also received a solid 7.3% raise from General Mills that increased my FI Portfolio's forward annual dividends by $7.84. I'm always happy with dividend raises!
In case you missed them, here's the posts from this past week.
- Why T. Rowe Price Group, Inc. is at the top of my watchlist
- Recent Buys
- Income Update - February 2015
Also, Happy Pi Day! 3.14.15 @ 9:26:53 is the furthest we can get through pi for the next century. We live in some amazing times don't we?
Now on to the links!
Building a vision of life without work by Living A FI
Dividend investors: avoid living in the past by Dividend Growth Investor
Are you struggling with work life balance? by Retire By 40
Is this what early FI feels like? (Day 51) by FI Fighter
Recent Buy by Dividend Mantra
ExxonMobil turns Russia into an opportunity by Dividend Ladder
Why I bought Fastenal by Income Surfer
Early retirement calculator (from the Treasure Chest) by Islands of Investing
The greatest risk to my retirement goal by Retire Before Dad
Pearls of wisdom from Buffett's annual memo by Financially Integrated
Day #2: Why dividend growth investing? by The Dividend Guy
The psychology of sitting in cash by A Wealth of Common Sense
Watching dividends instead of stock prices by Sure Dividend
BP's dividend by The Conservative Income Investor
Hope you all have a great weekend!