Latest Buy: KO

The stock market is having a nice pullback! Coca-Cola hit a 3% dividend yield, I couldn't pass that up. Better yet, this month Coca-Cola will announce a dividend raise, just like it did the last 51 years.

Today's buy:

• 40 Shares KO @ $37.31

This purchase will add $44.80 to my yearly income. This is based on the $0.28 dividend KO pays every quarter, but like I said, they will announce a raise very soon. My total position in Coca-Cola is now 76 shares.

I purchased some Coca-Cola stock earlier in december 2013, where I talked a bit about the company.

Coca-Cola is the first stock that comes to mind when someone asks me what a good dividend growth stock is. It is a must have for every dividend growth investor in my opinion.

I found a fun article a while back. Charlie munger is explaining Coca-cola's strategy how to become a 2 Trillion dollar company in 150 years. A very good read.

http://mungerisms.blogspot.nl/2010/04/charlie-munger-turning-2-million-into-2.html

Thanks for reading.

January 2014 Dividend Income Update

The first month of 2014 is over. And what a month it was, for the first time in a while the soaring stock market took a breather. I have not bought anything yet, but my trigger finger is itchy. A lot of things look nice now. KO, PM, CVX, WMT all had decent pullbacks and are in the buy range for me. Problem is, I can't buy them all because I don't have the funds! I only have enough for one, I have more ideas than money at the moment. Without further ado, the dividends for January 2014:

Dividends Received

• WMT: $9.87
• DPS: $25.84
• PM: $33.84
• MO: $16.80
• GE: $14.52

Total dividend income for January: $100.87

I set my new dividend goal for 2014 at $1500. So far I'm 6.7% of the way there, my progress is tracked here. Will I make it? Whatever the total dividends I will receive this year, I'm proud where I am in live and the portfolio I have build.

Thanks for reading!