Re: Actual Dividend Growth Portfolio
Well, another month has passed and we now have added our 3rd purchase of $100 worth of MAIN. Our future yearly income has gone from
Aug 2012 - $4.05
Sep 2012 - $8.10
Oct 2012 - $12.15
We have yet to receive any dividends, as our Aug purchase took place just after the ex-dividend date, so Nov 13th (and every month thereafter) we'll get some dividends.
Starting with our end of Nov deposit, we'll wait to bundle 3 months worth in order to cut down on commissions. We paid $4.95 a trade, and that occurs whether we have $100 or $300 to invest, so waiting 3 months gives us an extra $10 to invest.