Thursday, November 1, 2012
Dividend Investing - Month 8
The dividend investing portfolio has reached $48.91 for the average monthly dividend. This is a solid 5.67% gain over the previous month. There are two reasons for this gain:
1 - Aflac (AFL) increased its dividend by 6.1%. Even at $50.94/share, this stock still carries an RRR value of 11.86. With the low payout ratio of 23%, we still have room to for this dividend to continue growing!
2 - Resource Capital (RSO) paid out another dividend. RSO is still the top-yielding stock of the dividend investing portfolio. And it continues to have less of an impact on the total portfolio, since free funds are being used to purchase other high quality companies. RSO has been in the portfolio since the beginning and it continues to better itself with each passing quarter. As long as its earnings continue to supports its dividend, and interest rate hikes remain unlikely, I will keep RSO. I want to avoid over-exposure to single stocks and segments of the markets.
Disclaimer: I am not a financial planner, advisor, or accountant. The financial actions mentioned were only suited for my own risk tolerance, strategy, and ideas. 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.