V Purchase
September is almost coming to an end, and with each passing day the market present an opportunity. Mr. Market tend to present opportunity when you least expected. So as an long term investor, we have to be ready when the market present an opportunity and be ready to jump at it. My last purchase was an unexpected opportunity, I plan to eventually buy this stocks, but I did not plan to buy it when I did.
Market gyrations and noise should be ignored as an investor. However, when the market is down we should be ready to pull the trigger on purchases we study and intended to purchase.
Now let us see what I purchase recently with my Fifth (5) purchase.
Without further ado...here is what I purchase:
September 24, 2018
ITW 5 shares @ $145.82 total $729.10
WPC 15 shares @ $64.82 total $972.30
VTR 11 shares @ $54.64 total $601.04
STWD 21 shares @ $21.88 total $459.48
Illinois Tool Works (ITW), recent market gyrations have seem ITW range from $179.00 -to- $134.00. ITW is a major industrial manufacture, it operates in the following segments: Automatic OEM, Test and Measurement and Electronics, Food Equipment, Polymers and Fluids, Welding, Construction, Products and Specialty Products.
Last quarter numbers were pretty impressive
- Total revenue was $3.8 billion, an increase of 7%; organic growth was 4%
- Operating margin was 24.3%, an increase of 10 bps, 50 bps excluding 2017 legal settlement
- Operating income was up 7% to $932 million, up 9% excluding the legal settlement
- Full year guidance adjusted to reflect impact of currency translation in the second half 2018 based on current exchange rates. Expect EPS in the range of $7.50 to $7.70 per share, up 15% versus prior year at the midpoint *
The purchase of ITW will add $20 in forward yearly dividend. ITW also recently raised its quarter dividend to $1.00 a share and it goes Ex-Dividend on September 27, 2018 and payable on October 9, 2018
W. P. Carey Inc. (WPC) ranks among the largest diversified net lease REITs with an enterprise value of over $11 billion and an internally-managed
portfolio of operationally-critical commercial real estate, totaling 878 properties covering approximately 87 million square
feet as of June 30, 2018.
WPC is member of Dividend achievers with at least ten (10) years of continue dividend raises to keep up with inflation. The dividend have increase since 1998 from $1.65 to $4.08 in 2018. currently the dividend is at $4.08 which is around 6.1% yield. The next dividend of $1.025 goes Ex-dividend date on September 28, 2018 and payable on on October 15, 2018. this will add $61.50 in forward yearly dividend.
Ventas (VTR), is a well diversify with with range of portfolio as describe below. These has help grow the dividend at 8% compound annual dividend increase. Current purchase will add $34.76 in forward yearly dividend. Ex-Dividend will be September 28, 2018 and payable on October 12, 2018.
Our highly productive, deliberately constructed portfolio of approximately 1,200 assets is essential to our success and a critical part of the Ventas Advantage of superior platforms, properties and people. We focus on high-quality real estate that is well-located in attractive markets with high barriers to entry. We partner with the top operators in each asset class that are leaders in their sectors and are well positioned for growth.
Our advantaged properties are located in the United States, Canada and the United Kingdom.
Starwood Property Trust (STWD), an affiliate of global private investment firm Starwood Capital Group,
is the largest commercial mortgage real estate investment trust in the United States. The Company’s core business
focuses on originating, acquiring, financing and managing commercial mortgage loans and other commercial real
estate debt and equity investments. With total capital deployed since inception of over $44 billion, Starwood
Property Trust continues to solidify its position as one of the premier real estate finance companies in the country. Starwood Property Trust has a large floating-rate investment portfolio that makes the REIT a preferred holding during the current rate hiking cycle. An investment in STWD yields 8.6 percent. The stock goes Ex-Dividend on September 27, 2018 and payable on October 15, 2018. My forward yearly dividend will be $40.32.
With the recent purchases my forward yearly dividend will be $1255.06. What do you think of recent purchase? What are you buying?
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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.