Well we did make our March purchase of 3 months worth of stock in a new (second) company. The logical side of me said to pick Realty Income Incorporated. (O). A safe secure monthly 4.8% payer that raises their dividend just a little bit every quarter.
But the wild child in me wanted to buy another BDC in PSEC which also pays monthly, but pays 12%. Obviously the odds a dividend cut are much greater in PSEC, and I'm trying to show you that you can choose an ever-growing portfolio. So, I'm "gambling" a bit here that PSEC stays good for a while. (I own some in my own accounts).
So wild child won and we bought 25 shares of PSEC. The three months accumulation of capital and the high dividend now jumps double what is was to $47.69
Next purchase (end of June) I promise to buy Realty Income
Date Yearly Withdrawal
8/31/2012 $4.05 Purchased 3 shares of MAIN
9/28/2012 $8.10 Purchased 3 shares of MAIN
10/31/2012 $12.15 Purchased 3 shares of MAIN
11/16/2012 $12.20 MAIN Dividend
12/15/2012 $12.26 MAIN Dividend
12/18/2012 $21.71 Purchased 7 shares of MAIN
1/16/2012 $21.77 MAIN Dividend
1/23/2013 $22.00 Main Special Dividend
2/15/2013 $22.10 MAIN Dividend
3/16/1013 $22.94 MAIN Dividend
3/27/2013 $47.69 Bought 25 shares PSEC