Six degrees of separation is the theory that everything is six or fewer steps …
“Invest in what you know (coupled with serious fundamental stock research)” attributed to Peter Lynch
“Own What You Love” Loyal3 slogan
Whimsical Dividends recently wrote a piece on monthly dividends – posing some good and thoughtful questions. So rather than answer in a lengthy response, I figured this would be a good starting point for my weekly (or thereabouts) post.
When I first started investing one of my goals was to build a monthly paying portfolio. This goal was achieved many years ago. But when I retired, I guess I had too much time on my hands so I wondered if it was possible to build a weekly paying portfolio. To this end I have pretty much succeeded.
My research began with Dave Fish’s CCC list. A wonderful repository of data. I also used articles by Dividend House as a resource. Although she’s a recent convert to DGI, and I’m not at all in full agreement with some selections, her style and illustrations make her a must read.
My end result is I have placed 26 companies (of about 105 in my portfolio) into three categories, segmented by quarter, with two payees per week. The result is (almost) weekly payments.
(updated 26 Oct due to PNY merger)
|1||A||Kimberly-Clark||KMB||1||C||PNC Financial||PNC||1||A||WEC Energy||WEC|
|3||C||Sysco||SYY||3||C||Legacy Texas||LTXB||3||C||Home Depot||HD|
|4||C||Bnk of The Ozarks||OZRK||4||C||Starbucks||SBUX||4||C||Blackrock||BLK|
|2||C||First Long Island||FLIC||2||S||Apple||AAPL||1||S||Southside Banc.||SBSI|
|4||S||Lake Sunapee Bnk||LSBG||4||S||Webster Financial||WBS||3||S||Norfolk Southern||NSC|
|2||S||First Midwest||FMBI||4||S||Flushing Financial||FFIC|