I attempt to screen and purchase undervalued dividend growth stocks. These companies have increased their dividend for at least 15 years and have a lower than average price to earnings (PE) ratio, a higher operating margin, a low price to book, a reasonable dividend yield and payout ratio. This is easily my favorite part of my financial empire.
To say it has been a crazy freaking month would be an understatement and we are only 11 days deep! As an additional way of funding this account, I sell puts and January was an amazing month (outlined below), but I quickly learned some important lessons about maintenance requirements. As of the writing of this post (and hopefully it doesn't age well) this account, well every account, is down hard. But let's not focus on the bad for now, let's talk about the moves made in January. My January 2018 Undervalued Dividend Growth Purchase After screening the dividend champion list for possibly undervalued [...]