Thursday, June 1, 2017

I don’t know if I’ll be able to top what I did last month from a dividend standpoint, taking home nearly $40 and increasing my payments from April to May by 79%, but getting paid from five different companies on the first day of June certainly gave me hope for another solid month.

I earned a combined $3.15 – $0.15 from F, $0.32 from PFE, $0.27 from INTC, $1.03 from CMI and $1.28 from GWW. I own just one share of each company.

The payments from F, PFE, INTC and GWW were firsts as I haven’t owned them for all that long. I’ve had a position in CMI for a bit now, so this is the second time I’ve been paid by the engine maker.

Of the five, I wouldn’t mind adding to my positions in GWW, F and PFE before their next quarterly payments come around. GWW in particular is pretty much right at its 52-week low after the recent free fall. Think about this: the company, which has consistently raised its dividend for 45 straight years, was trading in the $240-$250 range when the year started. In the last couple weeks, though, it sank to as low as $169.75. The drop boosted the yield up to around 3% and, with a payout ratio right around 50%, that number could easily grow for years to come. Ford and Pfizer are also both closer to their 52-week lows than their 52-week highs. They both have great yields, too.

That’s all I have for today. Thanks for reading.




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