Welcome to the NOVEMBER edition of my DivGro 2.0 newsletter!
Every month, I write a market recap and a summary of my DivGro portfolio as of
the last day of the previous month. I also summarize transactions that
affected DivGro’s projected annual dividend income [PADI].
In October, I closed five existing positions. DivGro now contains 53
positions, with 48 dividend growth [DG] stocks, four closed-end funds [CEFs],
and one dividend-paying stock. By convention, I label stocks with dividend
increase streaks of five or more years as DG stocks.
Since July, I’ve closed sixteen positions to collect cash for a down payment
on an investment property. Last month, we wrote an offer on a great property,
and despite competition from seven other offers, the seller accepted our
offer! Interestingly, our offer, which had practically no contingencies, won
out even though we offered significantly less cash than the highest bidder.
More than 1,600 members have joined DivGro 2.0 since its soft launch in
February 2023. I have decided to delay the formal launch of DivGro 2.0, allowing
members to continue with complimentary access to all content on DivGro 2.0,
including my DivGro Portfolio.