Today’s Dividend Received ~ $7.90
POT – $7.90
Stock Purchase & Dividend Increased, adding $32.97 forward year-end dividends cash flow.
Projected Year-End Total Dividend: $3,394.08
Increased From Previous Year: 29.27%
Today was a buying spur for me. Initially I was planning to just buy AMZN, as they announced earnings today, plunging the stock down -4% as it did not me analyst expectations. AMZN was one of the stock I always want to add to my portfolio but unfortunately it’s not a dividend paying stock. It is considered a growth stock, and free cash flow tend to be reinvested into the company.
What to do when a growth company provide dividends? Go the ETF route.
XLY was the preferred ETF as it has 2nd highest weighting along with lower expense ratio, with an over 2.33% dividend yield, compared to RTH, which has a higher weighting, but highest expense ratio and lower dividend yield at 1.83%.