Sunday, June 19, 2016

10 Dividend Growth Stocks For June 2016

Summary

  • Every month, I rank a selection of the CCC dividend growth stocks to identify top candidates worthy of further analysis. 
  • I trim the CCC list of more than 750 stocks by using a series of screens, then rank the remaining stocks based on fundamental analysis.
  • This article reveals the top 10 ranked stocks for June. Each stock is assigned a 7-star rating, with only the best stocks earning 7 stars.

Thursday, June 16, 2016

Would You Buy Target For Less Than $62?

2016-06-09: Sold to Open 1 Contract of Option TGT JAN 20 2017 65.00 P

Last week I wrote about my first options trade for DivGro. As mentioned in that article, one of my goals this year is to find opportunities to boost dividend income. I don't want to do this by chasing yield. Rather, I'd like to use options to generate a little extra income in addition to the dividend income I already receive.

One way to boost income is to sell covered calls against stocks I own in my DivGro portfolio. I can sell one call for every 100 shares I own and collect the option premium in return.

Another way to boost my income is to sell a cash-secured put on a stock I would like to own at a strike price I'm willing to pay. The put buyer will have the right to sell me 100 shares of the stock at the strike price before the option's expiration date.

Monday, June 13, 2016

7 Dividend Increases: May 30-June 10, 2016

Summary

  • Companies that regularly raise dividends show confidence in the potential growth of future earnings.
  • One way to identify dividend growth stocks for further analysis is to monitor dividend increases.
  • In the past few weeks, 7 companies on my watch list announced dividend increases, including 2 of the stocks I hold in my portfolio.

Thursday, June 9, 2016

Monthly Review: May 2016

May was a busy month for me as I completed a project at work that I've been working on for almost a year. Trading in DivGro was light. I added shares to 2 positions and initiated a new position, increasing the number of positions in DivGro to 64.

I expect to focus more on adding shares to existing holdings rather than increasing the number of new positions. That said, there are a few candidates that I'm considering, but they're trading at levels I'm just not comfortable buying!

As usual, this monthly review gives a snapshot of DivGro and my trading activities in the past month. I'm well on my way to this year's goal of $12,000 in projected annual dividend income. When that target is reached, it means that the portfolio will be generating $1,000 per month of dividend income, on average, in perpetuity!

Tuesday, June 7, 2016

Recent Buy: United Parcel Service

12 May 2016: Bought 25 shares of UPS at $101.84 per share.

United Parcel Service (NYSE:UPS) is a global leader in logistics, offering a broad range of solutions including the transportation of packages and freight; the facilitation of international trade, and the deployment of advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide.

UPS is a Dividend Challenger with a track record of 7 consecutive years of dividend increases and a 5-year dividend growth rate of 9.2%. The company pays quarterly dividends of 78¢ per share in the months of March, June, September and December.

At my buy price of $101.84 the stock yields 3.06%. Adding 25 shares of UPS to DivGro increases projected annual dividend income by $78.

Saturday, June 4, 2016

My First Option Trade

2016-06-01: Sold to Open 6 Contracts of Option F AUG 19 2016 13.00 C

One of my goals this year is to find opportunities to generate extra income by writing covered calls  against DivGro positions in my Scottrade account.

Writing or selling covered calls is a safe way to earn extra income on top of the dividend income you already receive just for owning dividend paying stocks. You can sell one contract for every 100 shares you own and collect an option premium in return.

When selling covered calls involving dividend paying stocks, you hope to keep the shares in order to continue collecting dividends.

Tuesday, May 31, 2016

8 Dividend Increases: May 23-27, 2016


Summary

  • Companies that regularly increase dividends show confidence in future earnings growth potential.
  • I monitor dividend increases for stocks on my watch list of dividend growth stocks to identify candidates for further analysis.
  • This past week, 8 companies on my watch list announced dividend increases.

Wednesday, May 25, 2016

Recent Buy: Valero Energy Corporation

May 20, 2016: Bought 32 shares of VLO at $55.84 per share.

Founded in 1955 and based in San Antonio, Texas, Valero Energy Corporation (NYSE:VLO) is an independent petroleum refining and marketing company. The company's refineries produce conventional and premium gasoline, including gasoline meeting the specifications of the California Air Resources Board. VLO's ethanol segment produces ethanol and distillers grain.

VLO is a Dividend Challenger with a 6-year streak of dividend increases. The company pays quarterly dividends of 60¢ per share in the months of March, June, September and December. At the current share price of $55.28, the stock yields 4.34%.

Monday, May 23, 2016

11 Dividend Increases: May 16-20, 2016

Summary

  • Companies that regularly raise their dividend payments show confidence in future earnings growth potential.
  • I like monitoring dividend increases for stocks on my watch list of dividend growth stocks, because I consider such stocks to be candidates for further analysis.
  • Recently, 11 companies on my watch list decided to increase their dividends, including 2 of my DivGro holdings.

Thursday, May 19, 2016

Recent Buy: Apple Inc


May 3, 2016: Bought 26 shares of AAPL at $94.07 per share.
May 12, 2016: Bought 30 shares of AAPL at $90.20 per share.

Headquartered in Cupertino, California, Apple Inc (NASDAQ:AAPL) designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players. The company also sells a variety of related software, services, peripherals, networking solutions, and third-party digital content. AAPL was founded in 1977.

AAPL has a 5-year streak of consecutive dividend increases. The company pays quarterly dividends of 57¢ per share in the months of February, May, August and November.

Tuesday, May 17, 2016

10 Dividend Growth Stocks for May 2016

Includes: HFC • HOG • HRL • JLL • NKE • PII • PRU • TROW • VFC • VLO

Summary

  • Every month I rank a selection of David Fish's CCC stocks to identify top candidates worthy of further analysis. 
  • This month I decided to do a preliminary ranking of most of the CCC stocks using data provided in the CCC spreadsheet.
  • After selecting 40 of the top-ranked stocks, I collected additional data from several online sources and ranked the stocks again using all available data. 
  • This article reveals May's top 10 ranked stocks.

Sunday, May 15, 2016

7 Dividend Increases: May 9-13, 2016

Includes: CTWS • FDS • LII • LYB • MSA • SCI • TEL 

Summary

  • Companies can only raise their dividends regularly if earnings grow sufficiently.
  • One way to identify dividend growth stocks for further analysis is to monitor dividend increases.
  • In the last week, 7 companies on my watch list announced dividend increases.

Contact Form

Name

Email *

Message *

Follow by Email