As I’m writing this blog post, it is currently Thursday, September 26th. The weekend is going to see highs in the mid 70 degrees Fahrenheit. So, we’re seeing a cooling trend here in Central Wisconsin. That’s decent weather for this time of the year, though.
Since the
month of September is just about complete, I’ll be detailing my dividend stock
purchases for the month. Without further ado, let’s dig into it.
Dividend
Stock Purchase #1: Enbridge (ENB)
The first
dividend stock purchase that I made during the month was 25 shares of Enbridge at an average price of $40.57 a
share. This boosted my net annual forward dividends by $67, which is equivalent
to a 6.61% net dividend yield.
Interested
readers can find the gist of my investment thesis in my September
2024 Dividend Stock Watch List blog post.
Dividend
Stock Purchase #2: Alphabet (GOOGL)
My next
dividend stock purchase completed in September was four shares of Alphabet at an average cost per share of $153.84.
That increased my portfolio’s net annual forward dividends by $3.20, which works
out to a 0.52% net dividend yield.
Curious
readers can peruse the September 2024 Dividend Stock Watch List blog post
linked above for my investment thesis.
Dividend
Stock Purchase #3: Meta Platforms (META)
The third
and final dividend stock purchase that I executed for the month was a share of Meta Platforms at
$506.11. As a result, my net annual forward dividends edged $2 higher. This
equates to a net dividend yield of 0.40%.
Intrigued
readers can also uncover my investment thesis in the September 2024 Dividend
Stock Watch List blog post.
Concluding
Thoughts:
In September,
I put $2,135.70 in capital to work.
Against the $72.20 in net annual forward dividends added from these buys, this
is a weighted average net dividend yield of 3.38%.
My net
annual forward dividends also
increased by $22.378 from the nine dividend increases that I received in September
2024. This helped my net annual forward dividends rise from about $4,945
heading into the month to approximately $5,040 going into October.
Discussion:
How was your capital deployment during the
month?
Did you open any new positions/close any positions in
September 2024?
Thank you
for reading and please leave your comments below!
