DividendGrowthJourney

Dividend Growth Investing for Financial Independence - join me on my journey to build a dividend growth portfolio. No investment advice nor recommendations!

[DividendGrowthJourney @GrowthDividend]

Dividend Growth Journey Update June 2024

I received $1,159.29 in dividends from 24 different companies.

Starting blog posts again! https://t.co/PuIWPNUgsp

[DividendGrowthJourney @GrowthDividend]

My Top-5 undervalued high-quality dividend growth stocks list this week:

1. $V
2. $JNJ
3. $UNH
4. $NKE
5. $PEP

Disclosure: long all 5 stocks $V, $JNJ, $UNH, $NKE and $PEP

Track the evolution of the list on my page.
https://t.co/JQHuALQuTj

[Joseph Carlson @joecarlsonshow]

The term "compounder" is thrown around a lot. But what does it mean?

I learned from the investing philosophies of Buffett, Munger, and others to boil down what I believe is the best overview of what a Compounding Machine actually is, and how to invest in them.

These 8 slides go over my Investing Philosophy

[DividendGrowthJourney @GrowthDividend]

My Top-5 undervalued high-quality dividend growth stocks list this week:

1. $V
2. $ADP
3. $JNJ
4. $UNH
5. $NKE

Disclosure: long all 5 stocks $V, $ADP, $JNJ, $UNH and $NKE

Track the evolution of the list on my page.
https://t.co/JQHuALQuTj

[DividendGrowthJourney @GrowthDividend]

My Top-5 undervalued high-quality dividend growth stocks list this week:

1. $V
2. $ADP
3. $JNJ
4. $UNH
5. $NKE

Disclosure: long all 5 stocks $V, $ADP, $JNJ, $UNH and $NKE

Track the evolution of the list on my page.
https://t.co/JQHuALQuTj

[DividendGrowthJourney @GrowthDividend]

My Top-5 undervalued high-quality dividend growth stocks list this week:

1. $V
2. $ADP
3. $JNJ
4. $UNH
5. $NKE

Disclosure: long all 5 stocks $V, $ADP, $JNJ, $UNH and $NKE

Track the evolution of the list on my page.
https://t.co/JQHuALQuTj

[DividendGrowthJourney @GrowthDividend]

Stock trades in June:

+200 shares $DJT @ 30.69$ to close short position
+10 shares $V @ 272.86$ (new position)

[DividendGrowthJourney @GrowthDividend]

My Top-5 undervalued high-quality dividend growth stocks list this week:

1. $V
2. $ACN
3. $ADP
4. $JNJ
5. $UNH

Disclosure: long all 5 stocks $V, $ACN, $ADP, $JNJ and $UNH

Track the evolution of the list on my page.
https://t.co/JQHuALQuTj

[DividendGrowthJourney @GrowthDividend]

My Top-5 undervalued high-quality dividend growth stocks list this week:

1. $V
2. $ACN
3. $ADP
4. $JNJ
5. $UNH

Disclosure: long $ACN, ADP, $JNJ and $UNH

Track the evolution of the list on my page.
https://t.co/JQHuALQuTj

[DividendGrowthJourney @GrowthDividend]

Stock trades in May 2/2:

+60 shares $SBUX @ 75.20$ (holding 100 shares)
+2 shares $SNA @ 268.91$ (holding 10 shares)

[DividendGrowthJourney @GrowthDividend]

Stock trades in May 1/2:

+100 shares $ACN @ 325$ assigned option (holding 200 shares)
+5 shares $CRM @ 214.30$ (new position)
-200 shares $DJT @ 40$ called option (short position)
-200 shares $FMC @ 66.30$ (holding 25 shares)

[DividendGrowthJourney @GrowthDividend]

Thanks @joecarlsonshow
With Qualtrim I was able to research a growing stock: sales, earnings, etc. When I saw the shares outstanding evolution I knew I can stop right there and then! It’s not for me and it took me about one minute to see it!

Source: QUALTRIM

[DividendGrowthJourney @GrowthDividend]

My Top-5 undervalued high-quality dividend growth stocks list this week:

1. $V
2. $ADP
3. $JNJ
4. $UNH
5. $NKE

Disclosure: long $ADP, $JNJ, $UNH and $NKE

Track the evolution of the list on my page.
https://t.co/JQHuALQuTj

[DividendGrowthJourney @GrowthDividend]

Stock trades for the remainder of April:

+100 shares $ACN @ 340$ assigned option (new position)
+15 shares $O @ 52.06$ (holding 300 shares)
+10 shares $SBUX @ 85.76$ (holding 40 shares)
+2 shares $UNH @ 442.23$ (holding 20 shares)

[DividendGrowthJourney @GrowthDividend]

Dividend income for April 2024: $1,186.19!

Another month crossing the 1K mark!

The journey continues. Check out my website for details of which companies paid me!

https://t.co/s1gx2MKV5Y

[DividendGrowthJourney @GrowthDividend]

My Top-5 undervalued high-quality dividend growth stocks list this week:

1. $V
2. $ADP
3. $JNJ
4. $UNH
5. $NKE

Disclosure: long $ADP, $JNJ, $UNH and $NKE

Track the evolution of the list on my page.
https://t.co/JQHuALQuTj

[DividendGrowthJourney @GrowthDividend]

@FundriseFanFam @joecarlsonshow @FASTGraphs Great response! I follow @joecarlsonshow and really like his investment philosophy. For my dividend growth journey I apply it more and more. Still “valuation matters, and it matters a lot”.

[DividendGrowthJourney @GrowthDividend]

@joecarlsonshow @FundriseFanFam Looks like a great growth story for $CRM.

Normal PE at 54 for the last 8 years (blue line). That is difficult to justify.

At PE of 32 right now and getting to a more reasonable range. Still too expensive for my taste. Orange line at 30 PE for reference.

Source: @FASTGraphs

[DividendGrowthJourney @GrowthDividend]

My Top-5 undervalued high-quality dividend growth stocks list this week:

1. $V
2. $ADP
3. $JNJ
4. $UNH
5. $NKE

Disclosure: long $ADP, $JNJ, $UNH and $NKE

Track the evolution of the list on my page.

https://t.co/JQHuALQuTj

[DividendGrowthJourney @GrowthDividend]

My Top-5 undervalued high-quality dividend growth stocks list this week:

1. $V
2. $ADP
3. $JNJ
4. $UNH
5. $NKE

Disclosure: long $ADP, $JNJ, $UNH and $NKE

Track the evolution of the list on my page.

https://t.co/JQHuALQuTj