Aloha Investors!
It’s been an up and down week for the stock market, as the Fed’s talk about raising interest rates farther and faster than previously expected. There have been talks about another 0.25 percentage point increase, but banks could move more aggressively.
I have decided for this week’s paycheck to invest in dividend stocks and ETFs. My main focus with my stock accounts is to generate passive income, so that one day I can sit back and let my stocks pay my bills. I have decided that AT&T is a good buy if you want to gain a 6% dividend yield. Below are some of my favorite dividend payout stocks.
AT&T (T) – 6.02%
Philip Morris International Inc. (PM) – 5.17%
Bank of America (BAC) – 2.91%
Coca-Cola Company (KO) – 3.11%
Merck & Company (MRK) – 2.1%
I will be creating my top 10 dividend stock list to help anyone that is interested in good stocks that have a high dividend yield. Dividend stocks are good to have when there is talk about a recession.
My Investments for Friday, March 10 2023
Combined Value of – $208,345.97
Individual Stock Account – $115,560.10
Starting buying power: $387.73
Buying power remaining: $14.80
Apple (AAPL) – 2 Shares
Price per share – $149.594 = $299.19
AT&T (T) – 4 Shares
Price per share – $18.435 = $73.74
Dividends for March
Qualified Dividend Intel Corporation (INTC) – $40.50
Dividend Reinvestment (DRIP) – Bought 1.587 INTC @ $25.513
Qualified Dividend Microsoft Corporation (MSFT) – $8.89
Dividend Reinvestment (DRIP) – Bought 0.034 MSFT @ 258.1753
Roth IRA – $67,512.41
Starting buying power: $281.06
Buying power remaining: $33.96
Vanguard High Dividend Yield Index Fund ETF Shares (VYM) – 2 Shares
Price per share – $103.874 = $207.75
Vanguard FTSE Emerging Markets (VWO) – 1 Share
Price per share – $39.345
Dividends for March
No dividend payouts as of 3/10/2023
Traditional IRA – $25,273.46
No shares bought at this time
Next investment: 03/24/2023
Buying power remaining: $14.86
Dividends for March
No dividend payouts as of 3/10/2023
It’s Never Too Late To Start Investing!