Week of October 29- November 2 update Purchase & Sell

Buy & Sell Week of October 29 

I started the week analyzing my fund, I came to a conclusion that the portfolio had too many stocks this early in the collection. It was time to trim the amount of holdings from 70 individual stocks to 60 by the end of the year. So which stocks to sell and hold, was the big question. After analyzing my holdings I found some that I definitely would want to keep no matter what. I also found some that I could hold at this time. I also would be ok selling and hopefully buy it down the line once the fund is fully established enough that It would contribute to my FIRE. Also one in particular that I would sell is GE after cutting dividend from $0.12 to $0.01 I needed to sell no matter what anyway.

First lets us look at companies I sold after they no longer meet the fund objectives or at this time the fund can progress without it. Without further ado here is the sale:

Sold 

October 29, 2018
VIV 10 shares @ $10.59 total $105.90
ABM 6 shares @ $31.13 total $186.78

October 30, 2018
GE 37 shares @ $9.99 total $369.64
CHL 7 shares @ $45.53 total $318.71
DLNG 25 shares @ $8.10 total $202.51
TGS 7 shares @ $13.78 total $96.46
LND 30 shares @ $3.65 total $109.50

November 1, 2018
NWFL 5 shares @ $38.17 total $190.83
F 35 shares @ $9.27 total $324.45

Total Proceeds from the sale: $1904.79
Total yearly Dividend loss from sale: $87.65

Now lets look where the capital was deployed:

Purchase

October 29, 2018
EPR 3 shares @ $67.84 total $203.52
O 3 shares @ $61.09 total $183.27
OHI 19 shares @ $33.32 total $633.08


October 30, 2018
PAYX 10 shares @ $64.12 total $641.20
UL 9 shares @ $53.44 total $480.96


November 1, 2018
OKE 6 shares @ $64.52 total $387.12
CINR 4 shares @ $25.56 total $102.23
HCP 4 shares @ $28.12 total $112.48
BLX 15 shares @ $17.39 total $260.84
PCH 3 shares @ $37.12 total $111.34


A lot of activities, but lets sort through all of it. The purchase will add $173 in forward yearly dividend for a total of $1555.42 yearly.


I Sold 9 stocks and added 3 new ones (OKE, PAYX and UL) all leading companies in its sector. Al they have consistently raised dividend. In fact the dividend appear safe for the next 5 to 10 years. 

I also trim my stocks holding from 75 to 66 in the Robin Hood account. So there is still 6 more I need to trim from here to January. I will be re-evaluating why I bought each stocks and see how the dividend payout ratio compare to free cash flow, before making final decision. Of course the ability to sustain the dividend payout will be part of the final decision making. 

What do you think of recent activities of stocks sold and bought?

What are you buying lately? How many stocks you think is reasonable to hold in your portfolio?

Thanks for visiting

Cheers
Dividend Pursuit

Disclaimer: Long on all stocks listed, except for GE, LND, F, NWFL, TGS, DLNG, CHL, ABM and VIV

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.