There’s really not much to write about, as I only made two stock buys for April. First, I added 100 shares (at $11.75 each) of Virtus Global Dividend & Income Fund (NYSE:ZTR) to my dividend investing portfolio for a total of 300 shares of ZTR. Next I bought 40 more shares of Waddell & Reed Financial (NYSE:WDR) at $16.7957 per share, bringing my total number of WDR shares to 200.
These two stock buys will add $17.43 to my projected average monthly dividend income, which is a good step towards recovering from the various dividend cuts my portfolio suffered so far this year.
Very nice. Every bit helps increase your income over time. Well done.
Thanks BHL! Yes, every step forward, no matter how small, is a step that’s in the right direction. It may take me a little longer to reach my goals, but I’ll get there.
You should look at these NRZ CIM MRCC FDUS and OHI
OHI is the best because it raises it dividends a penny a quarter Cim had a 2 cent a Quarter raise and NRZ did also. Will help combat some of the cuts you have. OHI is the lowest yielded around 7 percent and its dropped some from a week ago
If things go right I’m thinking about an OHI purchase next week
Thanks for visiting Doug! I’ll certainly look into each of the stocks you suggested. I agree that having some dividend growth stocks in one’s portfolio is a good way to mitigate some of the damage from dividend cuts.