Recent Stock Purchase/Sale February 2023

PUBLISHED Mar 29, 2023, 12:52:56 AM        SHARE

img
imgdivhut blog

As you know by now I make a stock purchase every single month no matter what is going on in the world and despite the doom and gloom headlines. Perhaps I am naive or more of an optimist that we will get through these dark financial times somehow. Either way, I have been busy buying up some stock this month and was happy to put some fresh and recycled capital to work to try and recoup some of my lost dividend income courtesy of the numerous cuts bestowed upon my portfolio in recent years (thanks VFC). I know the only thing in my power is to dollar cost average into my positions buying at near all time highs while also buying during big time swoons and staying diversified to mitigate those dividend cuts we have all become familiar with. With that being said, and sticking to my February 2023 Stock Considerations somewhat, I continued to nibble and add to my portfolio as well as sell a couple stock spin offs:

February 2023 Portfolio Update

As you can see, there are two notable trades that are not buys this month as I decided to shuttle Haleon plc (HLN) and GE HealthCare Technologies Inc. (GEHC). I have enough dog spin offs that lose value and pay no dividends. Time to free up some cash and put it to work elsewhere. Frankly, I’m sick of all these spin offs. When I first started investing, spin offs were quite rare. Today, it seems that every company is engaged in accounting trickery fooling shareholders with crap spin offs that only disguise real dividend cuts. Rarely does a spin off these days equate to a solid real world standalone company. Over the years AbbVie Inc. (ABBV) has proven itself but those high flying spin off winners are becoming exceedingly rare. Sells are quite rare for me but as a dividend and income focused investor I need to get my cash working for me instead of relying solely on capital appreciation.

In all, I put about $2,700 of capital to work this month. It’s been a while since I put that much cash to work as I was building up cash reserves for several months towards the end of last year. What stocks are you buying In February? Please let me know below.

Disclosure: Long all above except HLN and GEHC

Originally Posted on divhut.com
**POSITION UPDATE**

T, Buy

AT&T, Inc.
Return: 23.20%

T, Buy

Return: 23.20%


Sound investments
don't happen alone

Find your crew, build teams, compete in VS MODE, and identify investment trends in our evergrowing investment ecosystem. You aren't on an island anymore, and our community is here to help you make informed decisions in a complex world.

More Reads
Dividend Income Update January 2023
Image

It’s dividend income update time. One of my favorite times of the month as I get to review my previous month of passive income received from my dividend income portfolio.

Is AES a Buy
Image

Considering buying AES stock? Learn about their operations, potential for growth, and risks involved before making any investment decisions.

Is EIX a Buy?
Image

Get expert analysis on EIX (Edison International) to determine if it's a good buy. Analyze financials, market trends, and future prospects to invest wisely.

ED Stock Forecast
Image

Get the latest ED stock forecast and analysis, including price predictions, news, and expert insights. Stay informed about the performance of Consolidated Edison, Inc., and make informed investment decisions with our comprehensive stock market data and forecasts.

Dividend Safety Analysis: Franklin Resources (BEN)
Image

The firm is a Dividend Aristocrat and Dividend Champion with 42 years of increases, which makes it interesting to dividend growth investors. The dividend has been raised continuously since 1981.

United Parcel Service (UPS) – Delivering Dividends in 2023
Image

The year of 2023 has already started in turbulent mode. The S&P 500 is up almost 4%, as inflation appears to have cooled on earlier reports. However, I think the economy is being overlooked, as I predict we are still in for a rude awakening.

Why I’m Investing into Vanguard Dividend Appreciation (VIG) ETF Daily!
Image

By the time of this article release, I have now had a daily investment into Vanguard’s Dividend Appreciation ETF (VIG), another wonderful Vanguard ETF. The community knows I buy Vanguard’s S&P 500 (VOO) daily and Vanguard’s High Dividend Yield (VYM) weekly, so what gives?

February 2023 Stock Considerations
Image

With a new trading month already in full swing it is time, once again, to highlight some of my potential stock purchases. While the market had a nice bounce in recent months there is still no shortage of stocks that are becoming fairly valued to undervalued.

Recent Stock Purchase January 2023
Image

It has been a very, very long time since I made two or more separate tranches of buys in a single month but sometimes the market has a flash sale and adding more shares is just too tempting to pass up.

Which Utility is Most Invested in Renewable Energy. Are They Worth Your Investment?
Image

U.S. utilities are on a path to convert their power generation fleets to renewable energy. But are they worth your investment?

The Top Utility Stocks by Wind Energy, but Should you Invest?
Image

The stock market may be selling renewable energy stocks at a premium. Let’s discuss which utility stock you should invest in that is also a good financial investment.

SCHD vs. VIG: Which Dividend Growth ETF Fits in Your Portfolio?
Image

Dividend-yielding ETFs (exchange-traded funds) have become the rage recently as tech stocks on the Nasdaq have plummeted, and people are seeking more income. So it is no surprise that people have been talking about dividend growth ETFs like SCHD and VIG.

In a New Era of Bonds
Image

Do I need Bonds in my portfolio? We are in a new Era of bonds, so I thought it was time to ask the question do I need bonds in my portfolio?

VOO vs. VYM vs. VIG – The Vanguard ETF Trifecta!
Image

The GOAT of the industry. Vanguard. John Bogle. Bogleheads. The creator of the mutual fund and home of the best exchange traded funds out there.

The Zen Ten – My Top Picks for 2023
Image

I’ve been publishing the Zen Ten list each December since 2008. I pick my favorites and stick with them all year – no trading.

5 Key Benefits of Long Term Investing in Dividend Stocks
Image

Long-term investing in dividend stocks provides the following 5 key benefits:

Dividend Income Update December 2022
Image

The beginning of every month is exciting for all dividend income investors as we look back at the previous month and see how much passive dividend income our portfolios generated. No doubt, these are the best posts to write and read online as it only provides further proof that dividend investing can work over time and that anyone can create an ever growing passive income stream.

January 2023 Stock Considerations
Image

With a new trading year already in full swing it is time, once again, to highlight some of my potential stock purchases. While the market had a nice bounce the last couple of months, there is still no shortage of stocks that are becoming fairly valued to undervalued.

3 Best Buy and Hold Dividend Stocks for 2023
Image

Competition has heated more than ever in almost every sector. As a result, it has become challenging to identify the best buy-and-hold dividend stocks in 2023. However, some companies have a strong business model in place, and thus they enjoy a meaningful business moat. In addition, they have proved resilient to recessions.

High Dividend 50: Cogent Communications Holdings
Image

Despite boasting 41 consecutive quarters of dividend increases and currently trading with a hefty yield of 6.4%, Cogent Communications is not making a splash with investors.

Resources for Publishers
Resources for New Investors
Boosted with BossCoin
Financial Literacy Leaders
user_profile
Wise Intelligent
user_profile
Tom Hamilton
user_profile
Mark Robertson
user_profile
Kevin Matthews II
user_profile
Akeiva Ellis
user_profile
Brendan Dale
user_profile
Kenneth Chavis IV
user_profile
Sharita Humphrey