I am back from the family vacation to North Myrtle Beach. It was a great time and the weather was perfect the whole week. Back home I heard it stormed almost every day. My brown grass had turned green and it was about a foot high. Some of it had even gone to seed. Life goes on even when you're not there. The same applies towards dividends. The companies keep earning money and passing it on to you.
Not having much time this month I haven't really looked at any stocks lately. I did setup my screen in the beginning of the month but never got to posting what I found. Now it has some data behind it and I would like to share it with you all.
There are many repeats and so far this month the set of them were trailing the S&P 500. But in the past few days they have jumped and they have a nice gain for the month of 2.1%. Most of the gains are attributed to Best Buy's beating expectations. They are up 25% in one month. Crazy how a little news causes everyone to jump in and buy them. They have been on my radar and I should have picked them up 3 months ago.
Old Republic International (ORI) has also gained in the past month. Up 32.2% in August. Mostly driven by sticking to what has worked over the past 75 years of dividends and increasing them the past 35 years. The TTM PE for both of these companies are still under 20 and would be nice additions to my portfolio.
There are other repeat stocks that passed the DFG Stockscreen but I have to go and get my kids ready for their second day of school.