WHAT WE DO? WE SELL OPTIONS FOR INCOME. WE USE THAT INCOME TO BUY DIVIDEND GROWTH STOCKS!
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Dividend Growth Stocks to Accumulate in May 2021

Our primary goal in our portfolio is to accumulate dividend growth stocks. Our secondary goal is to trade options around those stocks to generate income and reinvest that income to accumulate even more dividend growth stocks.

To find a proper strategy that would get me to my goal, I needed to answer a simple question: How to invest to achieve my goal? How to achieve a large enough income that can buy more stocks that would generate even more income? The answer was dividend growth stocks.

I was not satisfied with just dividends. An income from dividends is small and grows slowly. At least, at the beginning of the accumulation phase. So, I added an options strategy to generate even more income selling options and collecting premiums. But I wanted more. So, I started looking for speculative but safe high yielding dividend stocks (mostly ETFs and closed-end funds “CEF”). These stocks, unlike the dividend growth stocks, can be bought, but also sold out from our portfolio. The dividend growth stocks are the only stocks we plan to hold forever (unless they cut the dividend due to insufficient earnings or free cash flow).
 

Dividend growth stocks to accumulate in May 2021

Ticker Name Today’s
Price
Estimated
Annual
Dividend
Estimated
Yield
Accumulated
AFL Aflac 56.18 1.32 2.38% 100.0%
OMF OneMain Holdings 56.00 7.43 13.38% 75.0%
APAM Artisan Partners 56.35 3.35 6.16% 0.0%
ASG Liberty All-Star 9.08 0.72 7.96% 100.0%
QYLD Global X NASDAQ Cov Calls 22.33 0.72 11.73% 100.0%
CHI Calamos Convertible Opps 15.03 1.14 7.62% 100.0%
CSQ Calamos Total Return 18.00 1.23 6.85% 0.0%
NEWT Newtek Business Services 27.91 2.11 7.42% 0.0%
ADC Agree Realty Corporation 69.85 2.60 3.74% 0.0%
STAG STAG Industrial 35.80 1.45 4.15% 0.0%
MAIN Main Street Capital Corporation 41.58 2.46 5.85% 0.0%
O Realty Income Corporation 67.55 2.82 4.20% 100.0%
RYLD Global X Russell 2000 Cov Call 24.84 2.88 10.58% 0.0%
ABBV AbbVie Inc. 116.08 5.20 4.49% 40.0%
AES The AES Corporation 25.45 0.60 2.27% 100.0%
AAPL Apple Inc. 129.74 0.88 0.69% 20.0%
EVN * Eaton Vance Muni Income 13.96 0.57 4.11% 0.0%
PMX * PIMCO Muni Income 12.54 0.55 4.40% 100.0%
EIM * Eaton Vance Muni Bond 13.57 0.60 4.40% 0.0%
FLMN Falcon Minerals Corporation 4.98 0.20 4.16% 0.0%
NEV * Nuveen Enhanced Muni 16.29 0.73 4.49% 0.0%

(Prices and yields as of May 6th, 2021)
* Dividends are exempt from federal income tax
 

Do your own due diligence if you decide to invest in these stocks. The information here is believed to be accurate but may have changed since publishing.
 
 





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