Dividend Growth Investments for January 17th

Good Afternoon,

With markets expected to be closed on Monday, I decided to make the final two investments for January today. I added to two existing holdings, which are companies with strong competitive advantages. Each of those companies have managed to grow dividends for 14 years in a row as well.

Both companies have a small allocation to my portfolio, and my investment today would be beefing that allocation slightly higher.

I went through my list of holdings as of December 2024 as part of my lump sum investment challenge, and identified these two companies as ones that have a low allocation in my portfolio, coupled with solid fundamentals and good valuation today. Ideally, I would love to build my position in them even further, though that's a trade-off against other opportunities today as well, which I need to balance against. The review of curent holdings definitely gave me a lot of thoughts on existing holdings, and my strategy. I would share these thoughts (and possibly some more) in my January 2025 Newsletter.

I invested in the following two companies in my retirement account today: