So talk about a last minute change of heart! As part of my diversification strategy I wanted to start a position in the Healthcare sector. For the past month I have been trying to make a choice between Pfizer and Johnson&Johnson. With a lot of reading blogs in the DGI community and seeing other people buyíng (for example WDYR) I thought I was ready to pull the trigger on one of these.
As I transferred the (fixed) monthly amount in my brokerage account I saw a pretty nice dip on Realty Income Corp (O) which has been on my watchlist for a while (and seems to be part of a LOT of other DGI’s stock portfolios) and decided to go for that one instead for this month.
- 91 Dividend Increases Since 1994 NYSE Listing
- 78 Consecutive Quarterly Increases
- Compound Average Annual Growth Rate of Approximately 4.7%
- Dividends paid for 48 years = over $4.6 billion
I’ve bought 5 shares @ $55,35 which should add $0.211 * 5 = $1,055 monthly to my passive income. Total for 2017 should then be $1,055 * 6 (months) = $6,33 (before taxes). My forward annual income should increase with (ofcourse) twice that amount $12,66. After the tax (-15%) this should result in $10,76 of free money!
Small but steady increases in my portfolio towards my 2017 goal of €130,-!