June 2018 Buy III
It has been
a busy beginning of the month. This is mostly due to upcoming home purchase,
scheduled to close towards the end of the month. So, I have been taking
advantage of last month positive cash flow to deploy the capital to buy more
equities, which produces more cash flow in form of dividend payment down the
road. So, in theory I am using other people's money to invest both in real
estate and stock market, while building my cash reserves back up to a six (6)
Month cushion.
So, to that
end I made my third purchase of the month. This time I stick to one of my
holdings and kept building more shares. There are a lot of opportunity out
there however I am sticking with current holdings for now and building the
amount of shares I own here on this account. Later this month or even next
month I will be using a new broker, which should be lower fees and will instead
use the saving to add more shares.
So, without
any further ado here is what I purchase with my third purchase this month:
June 12, 2018
DLR .8779 shares @ $109.40 + $3.95 Commission =
$100.00
Digital
Realty owns, acquires, develops and manages technology-related real estate. The
company is focused on providing data center, collocation and interconnection
solutions for domestic and international tenants across a variety of industry
verticals ranging from financial services, cloud and information technology
services, to manufacturing, energy, health care, and consumer products. They are
the 7th largest REIT trade company and most importantly have
increase dividend for 13th year on a roll. Current dividend yield
currently is at 3.72%, this seems low at current market condition. But it is
higher than current government projection of inflation, so I will take that for
sure.
What do you
think of current purchase?
What are
you buying now?
Thanks for
visiting
Dividend
Pursuit
Disclaimer: Long on all stocks listed
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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.