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.
When I was doing a review of my 2018 Goals and Objectives last week I noticed a glaring failure on my part. When I was creating my goals and objective for 2018, I remember specifically thinking that I wanted to treat my dividend account more like a business. The account is not (yet) large in terms of my net worth, but I really believe I can turn it into a future income stream. To me, "treating it like a business," would mean increased record keeping and transparency (even if that is just to myself and my tens of readers). Record keeping and [...]