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Lanny's Dividend Stock Purchase Activity - April 2020

May 06, 2020 6:59 AM ETMTB, CSCO, ADM, WEN, UL, ED, PG, JNJ6 Comments
Dividend Diplomats profile picture
Dividend Diplomats


  • April was overall another positive month for the market, after a wild ride down in the mid-to-end of March.
  • In total, I deployed a total amount of $2,764.85 and added $106.68 to our forward dividend income, equating to an average dividend yield of 3.86%.
  • Stick to the strategy that works for you, but review if there is anything that may impact your strategy going forward.

April was overall another positive month for the market, after a wild ride down in the mid-to-end of March. There were dividend suspensions across the retail industry and even dividend cuts, including one from a major oil player that did not cut its dividend since the World War days. Time to dive into April's dividend stock purchase activity!

Investing consistently in Dividend Income Stocks allows you to create and build another income source, with Dividends. This is my primary vehicle on my road to Financial Freedom, which you can see through my Dividend Income and my Dividend Portfolio, which continues to build and build.

How do I make dividend stock purchases and screen for dividend stocks? I usually put the stocks through our Dividend Diplomat Stock Screener and trade on Ally's investment platform (one of our Financial Freedom Products).

How do I build the capital to make these stock purchases? I save anywhere from 60-85% of my take-home pay and strongly believe Financial Freedom does not happen by hitting a home run on an investment. Nothing matters more than your savings rate on your journey to Financial Freedom, plain and simple. Therefore, I work my butt off to make sure expenses remain in check and that my savings rate is meeting our investment and financial independence goals! Then, you rinse and repeat.

The stock purchases

Given I was stung by

Shell's (RDS.A) (RDS.B) dividend cut, I was ready to make moves, in order to make up for the lost dividend income. I was ready to get back to basics and began purchasing shares of stock in industries that are built for the pandemic and also have longevity of consistent dividend increases.

Therefore, my purchase activity really hit a stride on that Thursday, the last day of April. See the purchases below and

This article was written by

Dividend Diplomats profile picture
Two guys who love Investing, Dividends, Frugality, Passive Income & attempting to Reinvest Our Dividends to one day achieve Financial Freedom! Follow us on your journey towards a work-free life! We share EVERY ASPECT of our journey on our blog, social media, and YouTube Channel. Make sure to follow us so you don't miss an update. Updates include the stocks we are watching, buying, selling, and our overall thoughts about the the marketBlog: http://www.dividenddiplomats.comYouTube Channel: www.youtube.com/dividenddiplomatsTwitter: https://twitter.com/DvdndDiplomats

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Comments (6)

I've owned PBCT since 2013. Every year or two since then I've added to my position.
Long+Golf profile picture
Might have made an error buying Wendy's. Just cut dividend to 5 cents.
Some really nice purchases, I looked at ADM too, but went with ADP instead, the virus will end sometime. Anyway, if look at the last two recessions, U.S. financial institutions did not fare well, just something to consider.
I'm thinking about adding to my existing ADM position. On the other hand I'm already overweight in the agricultural sector through CRESY. I might use some spare cash to buy a couple more shares soon.

Long ADM
Love your ideas. I own Ko Xom skt T and abbv. Trying to get dividend income for my retirement in 15 yrs
Billbrows profile picture
I did the same around the end of March till early April. I lost my dividends with Ford. So I replaced Ford with Citibank.
I own ADM, ET, EDP, CAH for several years and added more Shares during that time. I bought them below my original purchase price.
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