With December ending soon and the markets on an uptrend, I decided to add to some of my lagging existing positions. I couldn’t resist these juicy yields, as a result of stock price declines, and decided to deploy a small amount of cash this month. My preferred method has always been to dollar cost average into stocks. I nibble here and there every month no matter the market conditions. Sometimes my dollars buy me quite a few shares, other times the same amount buys me less. Either way, I am building up my positions and slowly increasing my passive income stream. With that being said here are my buys for December:
| Date | Symbol | Description | Quantity | Amount |
|---|---|---|---|---|
| 12/07/2023 | VZ | VERIZON COMMUNICATN | 2.6037 | -$100.00 |
| 12/07/2023 | MO | ALTRIA GROUP INC | 2.4174 | -$100.00 |
| 12/22/2023 | MO | ALTRIA GROUP INC | 2 | -$80.77 |
| 12/22/2023 | VZ | VERIZON COMMUNICATN | 2 | -$74.91 |
| Total: | $355.68 |
As you can see I have stuck to my December stock watch list and added to a couple of my laggards in 2023. With a few more trading days left this year I am officially done with my purchases till January. In all, $355 of fresh capital has been put to work this month and I look forward to my final dividend income tally for 2023. What have you been buying this month? Are either of these names on your watch list too? Please let me know below:
Disclosure: Long VZ, MO
Congrats on your purchases Div Hut. I have both VZ and MO in my portfolio. I really like your picks.
Happy New Year!
Dividend Portfolio recently posted…Dividend Income Report – December 2023
Hi DP,
Thank you for the comment. VZ and MO had a tough 2023. Better yield while we wait for prices to recover.