Last week, I invested in 2 companies: Emerson Electric Co. (EMR) and Kinder Morgan, Inc. (KMI). I plan to use these dividend growth stocks to build my passive dividend income in the coming weeks and months. I updated my Portfolio and it shows my latest positions at the end of September.
Below are the companies that I put my capital on towards my race for earning $3000 per month in 3000 days. Last month, I completed 150 days of my race and this month, I’ll be completing 180 days of race. Without further ado:
1) Emerson Electric Co. (EMR): 20 positions at $45.00 on 10/16: $900.00
2) Kinder Morgan, Inc. (KMI): 30 positions at $32.00 on 10/12: $960.00
+ 30 positions at $32.00 on 10/16: $960.00
Total Investments: $2820.00
I’ve 52 wonderful companies in my portfolio, achieving my initial goal to own 50 companies so that I’m diversified across various sectors and not putting all eggs in one basket. Now, I’m planning to add few more quality companies in my kitty.
Full Disclosure: Long on both mentioned stocks.
Are you considering to buy any of these companies or any other company in O&G sector.
Thanks for reading.