Saturday, February 13, 2016

Recent Buy II -Sharebuilder

Recent Buy II - Sharebuilder

With so much volatility in the market, there are so much bargains for long term investors out there. A lot of dividend growth stocks are at either bargain prices or down 10% to 40% off. I have not met anyone who does not like discounted bargain prices yet in my short Time on earth.

With that said it was a great opportunity to start my next position. I choose a company all the Dividend Community have been raving about. The fundamentals are still there, but for one reason or not the stocks is down almost 37% from its 52-week high.

So here is that company I start my new position: Archer Daniels Midland Co (ADM)

February 10, 2016  ADM 7 Share @33.7099 Commission 6.95 Total Trans. Cost 242.92
ADM will add $8.40 dividend to my forward dividend total to $305.40

ADM current stock prince is $32.45 it's already down from what I bought at, which just means I can start buy more to average down and add more shares which will contribute to my forward dividend and bring me closer to early retirement one day for sure.

ADM is the leading food ingredients provider, serving over 140 countries.
ADM just raised its dividend to shareholders of record at the close on February 16 payable March 8, 2016 to $.30.
The PE (Price-to-earnings are at low 11.4X compare to industry average. One bright spot on 4Q15 is its EPS (earnings per share) which rose from previous year from $1.08 to $1.19.

I will continue to buy this stock to build dividend for my early retirement Fund.

Let me also take this opportunity to upgrade my January Dividend income. This was short of expectations due to all the stocks I had sold. Of course all of the stocks in my early retirement fund are DRIP till further notice, r when it starts to be a snow ball effect. Here is what I received for January 2016. I will update my Dividend page to reflect This.

WMT 0.08 1/4/2016
DIS 0.31 1/11/2016
KHC 0.28 1/15/2016
STAG 0.12 1/15/2016
MDT 1.52 1/15/2016
CINF 1.48 1/15/2016
DLR 1.08 1/15/2016
PBA 0.29 1/20/2016
Total:   5.16

What are you buying? Any thoughts on recent buys?
Thanks for reading

Disclaimer: Long on stocks listed above.

Disclaimer: I’m not a licensed investment advisor and not an investment professional. This site is only meant for educational or entertainment purposes only. I’m not liable for any losses suffered as a result. Please consult with an investment or tax professional before investing any of your money.