The month of September provided a 1.55% increase in avg. monthly dividend gain. Although its a small gain, it is STILL a gain! I also keep in mind that I get a whopping 2-4% max. increase in my salary ONCE a year with my day job.
At this point in time, I am still concentrating my efforts on debt
reduction. High payout ratios for our dividend stocks are not
sustainable and usually end in tragedy. I think the same about me with my personal debt. If I lose my job and am still forced to make interest payments on loans, what will my payout ratio become? I don't even want to think of the figures.
A few stocks I will be following for October, MCD, INTC and NSC.
Disclaimer: I am not a financial planner, advisor, or accountant. The financial
actions mentioned were only suited for my own risk tolerance, strategy,
Copying another's financial moves can lead to large losses. Each
person needs to do their due diligence in researching and planning their
own actions in the financial markets.