SELL ORDER

Sell order

Well this to me is a no brainer. I really love National Oilwell Varco Inc (NOV). It really hurts a company when it can no longer maintain its dividend or raise its dividend. That is what happened to NOV the company's Board of Directors decided to cut its dividend from $0.46 to $0.05 a 95% cut ouch!

So it no longer fits into my goals of keeping and buying dividend growth stocks. I do think the company will rebound in the future and I will take a look at it them, but for no it no longer retains my admiration so it was time to sell.

April 11, 2016
Sold 6.2565 shares @ 27.522 for $165.24 after commission. The capital will be put to better use. Since I cannot buy lots of share at this point in my investment career.

This will reduce my yearly dividend by $11.50 so forward dividend now stands at $460.69

Just a small setback no biggie deal as far as long term is concerned.

What do you thing of this move? Are you holding on to NOV, if you hold it in your portfolio?

Thanks for reading.

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

April 2016 - Watch list

Watch list

New Month new possibilities exists.

After busy last month and a lot going on with other project it will be difficult to duplicate last month purchases. But never say never is the saying. The market has been going on a uphill mode of late and its becoming hard to find bargains. But as a new investor the is value for me to keep adding funds to the market no matter what. I see myself in the accumulation phase at this point in the game. We that said here is what are I am conteplating adding to my retirement fund during the month of April:

PG, BNS, GE, UNP, WFC, HCP, O, UTX and CAT.

On loyal3 account I looking to add to WMT, MCD, LB and VFC

Hope I can find hidden capital somewhere to continue to add to my fund. With the tax deadline looming it can be a difficult month to add capital.

About you what are your priorities this month?

Thanks for reading.

Disclaimer: Long on all stocks listed, except for PG and CAT

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

Recent Buy I - April 2016 I

Add shares to my VZ holding

A lot of equities is staring to look overpriced at this point hope there will be a little pull back. In the meantime hope to save some cash and be ready when it does.

So this week I did not want to add anything at all to the market; But there was still $55.00 still seating on my share builder account from transfer from last two weeks. So I put that to work on only of my outperform stocks Verizon (VZ).

I do think it's a little bit overprice at over $54.00 plus but it was work add to dividend since it goes Ex-Dividend tomorrow.

So here is what took place: Buy stock
VZ $55.00
04/05/2016 04:00:00 AM
Quantity: 0.94
Price: $54.08

I added to my shares and add some dividend for this month. Together with AT&T are a moat in the telecommunications industry. This adds $2.12 to my yearly dividend which is now $472.19.

What are your thoughts on recent purchases? What are you buying?

Thanks for reading

Disclaimer: Long on all stocks listed

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

Dividend Income - March 2016

It is that time to declare last months dividend income. With the market gyrations the last couple months it's nice to stop and ponder on all the dividend income and reflect on the possibilities for future growth on the dividend front.

So here is my report for month of March 2016:

WFC 0.73
CMI 1.92
AFL 0.68
INTC 0.43
VLO 2.04
LB         0.25
LB         0.84
So         2.73
JNJ         6.8
ADM 2.1
CVX 21
UTX 0.92
XOM 7.43
STAG 0.43
MCD 0.7
K          0.58
PBA 0.31
VFC 0.65
NOV 2.84
RDS.A 5.64
UNP 1.21
LTC       0.9
DLR.     2.07


Total 63.2

Wow 22 companies paid me dividend albeit small amounts. The goal will be to grow this dividend going forward to reach double digits by year end. Not bad for first year of dividend growth focus.

Since I reinvest all dividends at this point in the game, this months added another $2.50 to my forward yearly dividend. The total now stands at $470.07

How did you do last month? What are your goals?

Thanks for reading

Disclaimer: Long on all stocks listed

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

Recent Purchase VII - March 2016

New Purchase - BNS


It was busy month of March. I was able to add few more stocks to my collection of funds which are now part of my retirement fund. Currently there are 39  amazing companies which will be paying me dividend for the foreseeable future. I plan on growing amount of shares on this companies to the point where they will cover all my expenses one day.

the latest company add to the fund was a company whose been paying dividend probably for longer than anyone on this planet has live.

I talk about adding finance companies to my fund on recent post. it has been a beaten down sector and there are some value here for long term play.

without further ado here is what I was able to add; finally since it has been on my watch list for awhile now.

Bank of Nova Scotia (BNS) or Scotia bank.

March 29, 2016

BNS $120 2.44 Shares @ 47.41


Total purchase will add $5.41 to my dividend and a total of $467.57 forward in dividend income.

BNS is the third largest bank in Canada by deposits and market capitalization. It serves more than 23 million customers in over 55 countries around the world and offers a range of products and services including personal and commercial banking, wealth management, corporate and investment banking. With assets of $856.5 billion.



BNS recent quarter highlights:

 

• Net income of $1.8 billion
• EPS of 1.43 per share
• ROE of 13.8%
• Revenue Growth of 9 % of YoY (year over year)
• Dividend Increased by .02 to .72 Canadian Dollar

Dividend payout is about 50% with room for future growth. Canadian dollar is down some 20% this year compared to the US dollar. I don't see it as a major problem for this bank, a lot of their exposure is in the international which makes it a diversified North American bank in my opinion.

Morningstar rates it a four start out of five. Its Quantitative fair value is at $54.00 a share with a fair value of $58.00 a share. the Street rates fair value at $57.54.

All in all a fair value to start purchasing this moat company.

 What are your thoughts on recent purchases?

What are you buying?

Thanks for reading

Disclaimer: Long on all stocks listed

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



Recent buy VI - March 2016

5 stocks added to the fund shares added to 1

Wow it's been busy couple of days this month, a lot going on; but I have been busy adding some shares to different stocks on my retirement fund. So it was time to add some different stocks to the fund that I will keep adding shares as time is on my side.

So again I added to my Sharebuilder account.
Yesterday on my weekly purchase I went all out to add 5 different stocks and I added more shares to one of my favorites I been neglecting lately. I also added some purchases with cash sitting on my Roth IRA and IRA which are set on automatic withdraws. Since this will not be major source of retirement fund for me it's not a priority at this point in the game.

So without further ado here is the purchase:

Sharebuilder on 3/22/2016

CMI $70 .59 shares @110.21
TRP $100 2.55 shares @37.55
NHI $200 3.06 shares @64.06
DE $170 2.01 shares @82.27
WPC $253 4.03 shares @61.71
ITW $200 1.92 shares @ 102.04

Roth IRA
STAG $15 .56 shares @19.51

IRA
T $20 .41 shares @38.91

Total purchase will add $45.57 to my dividend and a total of $462.04 forward in dividend income.

What are your thoughts on recent purchases?

What are you buying?

Thanks for reading

Disclaimer: Long on all stocks listed

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.

Recent buy V - March 2016

It was time to add to health care as my portfolio continues to grow steady little by little every day.
I talk about the reasons I initially purchase this stocks why I am bullish about this stock here.

On March 18, 2016 I but a order for Medtronic PLC (MDT), but it did not fill as I was hopping it dip more towards my target of fair value. But I am happy to report I was able to change the price to reflect fair value using Dividend Discount Model Calculator (DDM) recently post on Seeking Alpha. As I adjusted the Beta to reflect MDT correct beta of 1.16 and using its 5 years dividend growth of over 8% I came up with a fair value of $80.31.

So on March 21, 2016 I purchased
MDT $233.75 3 Shares @ $75.60 6.95 Commission

This was well below fair value which is a bargain. Hopefully I can add few more shares before it reaches fair value for the dividend aristocrat. It has a current yield of 1.99% below my target of 2.50% but 38 years of continue dividend payout and raises, I think I will take those numbers.

Morning star rates fair value at $76.00 with a three star rating. Their quantitative equity report shows value at $81.98, just above my DDM calculations. So all and well it's a fair value at this level.

It will add $4.56 to my yearly dividend. This bring my forward yearly dividend to $416.57

What are your thoughts on recent purchases?  What are you buying?
Hoping to still add some industrial and finance this month. The likes of ITW, WPC, WFC, CMI, CB, DE and JPM all seem appealing as far as valuation goes. But will see if capital will be available to invest.

Thanks for reading.

Disclaimer: Long on all stocks listed.

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.