I added positions in 3 existing companies in fourth week of October. I plan to keep adding these dividend growth stocks to grow my passive dividend income to a point where all my expenses are covered by passive income generated by them.
Below are the companies where I put my capital on towards my race for earning $3000 per month in 3000 days. Last month, I completed 510 days of my freedom race and it was nice to have crossed $1500 in passive income for the second time this year. Without further ado:
1) Bank of Nova-Scotia (BNS): 5 positions at $53.62 on 10/24
2) ConocoPhillips (COP): 5 positions at $41.38 on 10/26
3) GlaxoSmithKline (GSK): 5 positions at $36.69 on 10/26
Due to addition of new companies over last several months, total number is 95 great companies in my portfolio.
Full Disclosure: Long on above mentioned stocks.