Wow. Already three months into the year. So far I’m on track to hit my goals, but only just. I need to hit $50 dollars a month in dividends and $10,000 total invested by the end of April. I think I can do it, but as of right now it will be close.
I may have to purchase more of my higher yielding positions to reach that goal, but I will try to continue purchasing dividend growth stocks in between. As I’ve said before, I ultimately want to pivot toward dividend growth over the long term. Possibly even aiming for the next $100 a month in dividends utilizing dividend growth stocks exclusively. But only after I hit my first goal of course.
I’m really kicking myself for not doing this sooner. In just over a years time I’ve managed to accrue nearly $9,000 dollars worth of dividend paying stocks with a side hustle! I know I will hit my goal.
In addition to the current dividend growth stocks I have now I’m looking into KMB, ROP, MA, ABBV, LOW, ABT, CVX, MCD, MSFT, HD, UNH, AFL, V, and possibly CTAS. I know I can’t win against financial firms with teams of analysts, so I’m just looking for good companies at fair prices.