I make purchases in my dividend growth stock portfolio when I have roughly $1,000 ready. Unfortunately, my budget doesn’t allow me to make purchases every month. I love purchasing dividend growth stocks and I was excited to have the opportunity to make another purchase this month.
Right now the stock market is pretty hot and there are quite a few dividend growth companies I would absolutely love to own but which I feel are currently a little over priced. At the same time I feel there are other dividend growth companies that offer pretty reasonable valuations right now. This month I was looking at three different choices to consider for my portfolio and I ultimately had to choose one. Each choice offered a benefit to my portfolio and I will go into the details below.