Bert's March Dividend Stock Purchases

In March, I made a lot of low dollar stock purchases, as the market showed its twists and turns.
This article will summarize my March dividend stock purchases.
I shifted my attention to focusing on Dividend Aristocrats.
Last week, I released my March dividend income summary. Typically, I'll show my stock purchases in the summary article. However, in March, I made a lot of low dollar stock purchases, as the market showed its twists and turns. As a result, I decided to split the articles so I can discuss some of the purchases in greater detail. This article will summarize my March dividend stock purchases.

The month of March was turbulent in the market, to say the least. Every new development with the pandemic and each state's subsequent shut down were causing wild market swings. Swings that I have never seen or experienced before. Below is a chart of the S&P 500 during the month of March (per Yahoo! Finance).

Now that we are halfway through April, it is crazy to take a step back, take a deep breath, and just look at what happened to the market. The S&P 500 closed at 3,090 on the first trading day of the month and ended at 2,584 on the final day. The close was actually significantly higher than the lowest value, 2,237.
During the madness, my stock purchase mentality switched gears. Rather than making large stock purchases, as I had in the past, I had suddenly switched to making very small dollar purchases. As you'll see below, I was often purchasing less than 5 shares at a time. Thank goodness my brokerage, Fidelity, started offering free trades in 2019 when the great "Brokerage Trade Wars" commenced.
This switch felt appropriate given the chaos of the month and the fact that you really didn't know what each day, let alone hour, was going to bring. At any given moment, major companies were announcing major changes to operations. When the market would tumble, the Fed would announce a major program to help stabilize the market. Then,... Read more