Dividend Update January 2022

TO VIEW THE PORTFOLIO CLICK ON THE "PORTFOLIO TAB" ABOVE

Don't worry about January it's only the start of the year, for me the first month of the year is usually the lowest payout.  All I can say for 2022 is that I'm going to destroy the F$CK out of this year. From what you saw in the December 2021 update, I guess the biggest question is that. Will I hit $3,000+ invested in a month again?.........oh hell yeah, definitely going to hit that number again. $2,475 for January 2022 but I want to see that number again. Side note: Just a little friendly disclaimer, 99% of my contributions go towards the regular brokerage account (Taxable Account). Not the Roth IRA, I have 0 plans on having any of my serious investments being tied up until age 59.5. (just keeping it real) For 2022, it has gotten soo ridiculous that a 16 hour day has become nothing more than pulling off my favorite Michael Jackson dance moves, or a 14 hour day is nothing more than performing my favorite James Brown footwork. It's almost like when Michael Jordan enters the zone he becomes untouchable on the basketball court, and all of his maneuvers look like a dance move. It's now to the point that I cant wait to do another 16 hour day again and capture more double time. Anyways that's enough on the intro let's scroll down to the info you came here to see.

Roth IRA

 

Total: $74.78

Taxable Account

Total: $2.04

Grand total: $76.82

Purchases: 3 shares of (MA) ($1,108.50), 1 share of (INTU) ($552.17), & 1 share of (NVDA) ($268.99)

So recently on February 2nd, I've received a massive annual dividend raise of 50% from my Truck driving stock (ODFL). This showcases my unique low dividend yield/total return style supported by strong double-digit dividend raises. With a ~ 11% dividend payout ratio Old Dominion Freight line could give out a 30% annual dividend raise over and over and over again. Double-digit quarterly earnings growth back to back throughout 2021, the board of directors was more than impressed with the performance of management so they approved the 50% dividend raise. Aggressive yearly net cash flow growth combined with a low dividend payout ratio gives the business the ability to give out massive annual dividend raises. In the future I see ODFL giving out a 25% dividend raise in January 2023. I'll continue to do more screenshots of other dividend increases from Seeking Alpha throughout the year on my Facebook page. I'll talk more about the dividend raises that ill receive in February in next month's update. Since this is just the first month of the new year, this one will be a very short update. I've just been funding the Taxable account and dollar-cost averaging into my high conviction plays throughout this market dip. So that pretty much wraps it up for this one and ill see you guys in the next update.