Weekly Investment Activity and Dividends

Hi everyone,

I've been traveling this week for work, so I haven't had much spare time for my blogging addiction of reading fellow DGIers.  Also, I didn't make any proactive buys this week, as I didn't see any deals I wanted to jump on (plus still waiting to see the damage done by the taxman!).  However, I did have two ongoing buys go through, with $50 to Exxon Mobil and $60 to Lockheed Martin.   I also invested $598 into my TSP retirement account.   I had two dividends roll in this week, while small, it's still a passive stream of income that keeps growing!  Well this will be a short post to detail my weekly activity.  I hope everyone is enjoying the weekend!  

Here is the breakdown:

Purchases:

Special Agent Dividend's Dividend Growth Portfolio

Exxon Mobil Corp. (XOM) $50

Lockheed Martin Corp. (LMT) $60

Thrift Savings Plan (TSP) Retirement Account

C Fund (60%), S Fund (20%), I Fund (20%) $598

Total Purchases for the Week: $708

Dividends:

McDonald's (MCD) $3.69

Realty Income (O) $1.99

Total Dividends for the Week: $5.68

Well, that's it for this week, as it was relatively slow, but still managed to invest $708 to add to my growing snowball.   Thanks so much for stopping by!   

First Goal Completed, Albeit a Small One, and LMT Dividend Increase

Hi everyone,

Big news, well kind of.  I surpassed my first goal of $100 in annual forward dividend income!  I’m pretty happy about that, as it is one small milestone that will hopefully lead to my financial success.  I’m setting my second annual dividend goal to $500, which I hope to acquire within the next 6 months of investing in high quality dividend growth companies. 

Regarding my first goal of $100, surprising it was not even the purchases that I planned for this week, but rather, a raise from Lockheed Martin Corp. ( LMT ) that bumped me over the first hurdle.   LMT declared their Fourth Quarter 2014 dividend at $1.50 per share, which is a $0.17 per share raise or thirteen percent (13%) increase from their prior $1.33 per share dividend.  According to Lockheed Martin, it is their 12^th consecutive double digit percent increase of their dividend, which is no small feat.  I remember following LMT several years ago, as I watched and tried to learn the market.  The price for LMT has significantly increased since those days, and I’m kicking myself in the butt for not investing back then.  In any case, after this dividend raise, my projected annual dividend is sitting at $100.35.  However, I plan to keep investing and raise this number dramatically, as I build my core positions. 

I plan on making another post in the next day or two detailing dividends and purchases made this past week and my plans on purchases this coming week.  In addition, I’ll be making my first monthly update posting on October 1, which will detail all my purchases, dividends, net worth, and other passive income streams for the month of September. 

Thank you for reading.