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JaxRed · 12-18-2012, 07:23 PM

OK, change of plans. I decided to make our next purchase of stock in December rather than January for 3 reasons

1. If I'm going to purchase quarterly it just seems more 'normal' to have the quarter coincide with the calendar quarter. So we'll do 3 months next time and have the quarter end in March. And with this purchase of 2 months worth of stock ($100 per month) we'll end in December.

2. MAIN is having a special dividend in January. Just makes sense to buy now to take advantage of that. Ex-Dividend is 1/2/2013 and market is closed on 1/1/2013 so you need to buy in December.

3. MAIN just had a secondary offering which lowered the price a bit, so bought now to take (a little) advantage of that.

On Dec 15th we had another dividend/reinvestment and this time it resulted in an increase in monthly dividends of .06. Last month it was .05. The compounding is starting !!

And then today we were able to buy 7 more shares, bringing us to a total of 16.08 shares of MAIN.

And our income per year without touching principle has gone to $21.71 !

Date Yearly Withdrawal
8/31/2012 $4.05
9/28/2012 $8.10
10/31/2012 $12.15
11/16/2012 $12.20
12/15/2012 $12.26
12/18/2012 $21.71

When we purchase again in March, I'll be buying something else besides MAIN as we start to diversify.

12-18-2012, 07:23 PM	#34
JaxRed Member Join Date: Apr 2000 Location: Jacksonville, FL Posts: 9,228	Re: Actual Dividend Growth Portfolio OK, change of plans. I decided to make our next purchase of stock in December rather than January for 3 reasons 1. If I'm going to purchase quarterly it just seems more 'normal' to have the quarter coincide with the calendar quarter. So we'll do 3 months next time and have the quarter end in March. And with this purchase of 2 months worth of stock ($100 per month) we'll end in December. 2. MAIN is having a special dividend in January. Just makes sense to buy now to take advantage of that. Ex-Dividend is 1/2/2013 and market is closed on 1/1/2013 so you need to buy in December. 3. MAIN just had a secondary offering which lowered the price a bit, so bought now to take (a little) advantage of that. On Dec 15th we had another dividend/reinvestment and this time it resulted in an increase in monthly dividends of .06. Last month it was .05. The compounding is starting !! And then today we were able to buy 7 more shares, bringing us to a total of 16.08 shares of MAIN. And our income per year without touching principle has gone to $21.71 ! Date Yearly Withdrawal 8/31/2012 $4.05 9/28/2012 $8.10 10/31/2012 $12.15 11/16/2012 $12.20 12/15/2012 $12.26 12/18/2012 $21.71 When we purchase again in March, I'll be buying something else besides MAIN as we start to diversify. Last edited by JaxRed; 12-18-2012 at 07:37 PM.