I added positions in 4 existing companies in third week of January. I plan to keep accumulating these dividend growth stocks to grow my passive dividend income to a point where all my expenses are covered by the 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 240 days of my freedom race and it was great to have crossed $400 in passive income again in Dec, will be interesting to see when $500 barrier is breached 🙂 Without further ado:
1) Main Street Capital (MAIN): 10 positions at $25.00 on 1/19
2) Potash Corp. of Saskatchewan (POT): 20 positions at $16.35 on 1/19
3) AT&T Inc. (T): 10 positions at $34.21 on 1/19
4) Verizon Comm. (VZ): 10 positions at $44.80 on 1/19
Last year, I trimmed positions in Kinder Morgan, Inc. (KMI) and ONEOK, Inc. (OKE) for tax-harvesting purpose, however, I may add few of them this year. I sold out few shares that I received in spinoffs: The RMR Group, Inc. (RMR) and Care Capital Properties Inc. (CCP). As a result of these sales, total number went down to 64 wonderful companies in my portfolio.
Full Disclosure: Long on above mentioned stocks.
Thanks for reading.
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