I tend to buy stocks in companies that I patronize because I figure if I’m spending money on a company’s products or services then I ought to see something in return financially. One stock where I’m bending this rule a little is with Apple (AAPL). While my household has an Apple product or two, I’m not an Apple loyalist and really don’t consider myself an Apple customer. However, it is difficult to ignore the success of Apple’s stock and I know many people that are entwined into the Apple devices’ ecosystem. Also, with the upcoming 7:1 stock split, I made an impulse buy on 1 share of AAPL. For me, that is a rather large stock purchase because I have a limited investing budget. Also, the dividend yield is currently just above 2% which isn’t jaw-dropping but combined with the stock’s return I hope this pays off. It will be interesting to see what happens after the split.
My initial dividend returns are not very impressive but I’m just starting out and expect this to increase over time. Here’s what I received in dividends during the first 4 months of 2014.
This is a GRAND TOTAL of $0.41. This is measly but it is only a start. I’m looking forward to watching this grow.
Here’s a quick list of my dividend paying investments (stocks & ETFs). Not all of these consistently pay dividends and some of these I invested in prior to my love of dividends.
– Disney (DIS)
– Hasbro (HAS)
– Coca-Cola (KO)
– Nike (NKE)
– Starbucks (SBUX)
– Apple (AAPL)
– Wal-Mart (WMT)
– Microsoft (MSFT)
– Anheuser-Busch (BUD)
– Intel (INTC)
Roth IRA Account
– Activision/Blizzard (ATVI)
– Apple (AAPL)
– Direxion Mid Cap Bull 3x Shares (MIDU)
– J.C. Penney (JCP)
– Procter & Gamble (PG)
– ETRACS Monthly Pay 2x Leveraged Mortgage REIT (MORL)
In the future I plan on investing more in stocks/ETFs that have consistent quarterly or monthly dividend payouts.
To help build up the usefulness of this blog, I’m adding a few links to sites I like to use.
LOYAL3 Fee-Free Investing – No fees and you can start investing with only $10. This site allows you to buy partial shares of select stocks. For example, if you don’t have $600 to buy a share of Apple (current price) then you can buy $10, $20 or whatever you can afford of Apple (AAPL) stock. LOYAL3 isn’t my main source of investing but I use it for smaller buys.
StockSplitHistory.com – This site is more for “what if” investing scenarios. You can plug in a stock symbol and this site will show you how much you would’ve gained/lost if you had invested $10,000 ten years ago.
ETF Database – An excellent ETF screener. Very useful if you want to search ETFs by dividend yield or other attribute.
One final note here. I don’t have any connections to any of the sites linked here and can’t vouch for their accuracy or reliability. I use these at my own risk and you should too. If you have any links you’d like to share with me, please do so (NO SPAM PLEASE).
“Someone is sitting in the shade today because someone planted a tree a long time ago.”
– Warren Buffet
I found this quote by Warren Buffet to be a fitting way to start my dividend journey. Recently, I’ve become deeply interested in dividend stocks and ETFs. I wish I would’ve had this craving years ago but it is better to start late than never. I envy people with the vision to start investing at an early age. I didn’t have that vision and that can’t be reversed. My goal now is to create a decent dividend cash flow for the future and to instill investing habits into my children and eventually my grandchildren.
I am not an investing expert but a “regular” person if there is such a thing. Please follow me, encourage me and exchange ideas with me on this journey. I’d like to wrap this post up by saying “Welcome” and “Thank you” for stopping by.