Recent Purchase II October 2018

Recent Purchase II & and Dividend Raises.

Another week and another dollar assigned to be a soldier in my fund. Dollar never sleeps, so I can sleep like a baby and collect dividend. With the market current volatility, it is easier to sit on the side line and have the wait and see attitude. However, I am comfortable adding more funds to my current holding and keep adding dividend to fuel my future Financial Independent Retire Early (FIRE).

Let us review what I added this week with my second purchase. Although this was a small purchases compare with my last purchase, it will add dividend income and contribute to future growth and compound over the long haul.

Without further ado... here is what I  purchased:

October 11, 2018

COP 2 shares @ $73.78 total $147.56

ABBV 1 shares @ $91.97

DLNG 4 shares @ $8.58 total $34.32

October 12, 2018

DLNG 1 shares @ $8.51

These purchase was mostly to average down on my cost average overall, except for COP. But due to Market volatility I took advantage to average down and buy a dip here.

Abbvie -ABBV the maker of Humira is a dominant in its field. Humira is a medication used to treat rheumatoid arthritis, psoriatic arthritis, ankylosing spondylitis, Crohn's disease, ulcerative colitis, chronic psoriasis, hidradenitis suppurativa, and juvenile idiopathic arthritis. The drug makes around $20 Billion dollars a year, although many patent protection in different countries will either expire soon or has already expired like the US in 2016. ABBV has continue to spend on R &D which will contribute to more drugs in the pipeline soon. The Stock has traded between $85 to $125 in the last year. So current price $91 a the time of purchase is a good deal in my eyes. The P/E ratio is at 22 i would like for that to be under 20 but given the fact this is a leading provider with room to grow, I am comfortable here. Current Dividend Yield is at 2.72% with room to continue growing their dividend. With this purchase my total shares is now 13. This will add $3.84 in forward yearly dividend.

Conoco Phillips -COP It is the world's largest independent pure-play exploration and production company. ConocoPhillips focuses solely on exploring for, developing and producing oil and natural gas globally. The company manages its operations through six operating segments, which are defined by geographic region: Alaska, Lower 48 and Latin America, Canada, Europe, Asia Pacific and Middle East, and Other International. After recent down fall oil prices in 2016-2017, COP has paid down debt and are now on focus shareholder value through dividend increases and share buyback.  With the purchase my total shares is now 7. Current P/E is at 19 and Dividend Yield at current price is around 1.93% future dividend raises are coming. This will add $2.28 in forward yearly dividend. 

Dynagas LNG Partners LP -DLNG the following is from DLNG website "We are a growth-oriented limited partnership focused on owning and operating high specification and versatile LNG carriers that are employed on multi-year contracts with international energy companies, providing us with the benefits of stable cash flows and high utilization rates. We define charters of two years or more as multi-year charters."

My current total shares is 19. P/E is high at 31 and the Dividend Yield is currently at 15.56% I will continue to monitor to see if the dividend will be sustainable for next 3 years. This will add $5.00 in forward dividend.

Few stocks have decided to raise my pay in the next few weeks in form of dividend increases. COP raised its dividend by 7% from $0.285 to $0.305 this will add $0.56 to my yearly dividend. The Ex-Dividend date will be October 12 and payable on December 3.

Also International paper (IP) has also decide to show me some love with a dividend increase. IP raised dividend from $0.475 to $0.50 a 5.3% increase. Ex-Dividend will be November 14 and payable on December 14. Current Yield will be 4.48%. With the increase my Forward Yearly Dividend was Increase by $0.30. Not much but I will take it.

Current forward yearly dividend projection is now at $1355.16.

Do you own this stocks on your fund?
What do you think of recent purchases? Are you on the sidelines with the current market gyrations and volatility?

What are you buying now?

Thanks for visiting

Dividend Pursuit

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 October 2018

Recent Purchase

As we enter the final quarter of the year, I will be buying mostly small amounts to keep adding shares on my current stocks in my fund. However, from time to time I may add a new position, this is mostly due to my current phase of accumulation. I strongly believe in buy and collect stocks at this phase. Sometimes I will be buying stocks at a bargain price, at other times it will be simple to start a position that I will continue to add shares down the line. It is with that kind of mind set that I will be starting the last quarter of the year.

So without further ado... Let us take a look at what I purchase recently in October 2018:

October 2, 2018
ABM 2 shares @ $32.51 total $65.02
KDP 8 shares @ $22.94 total 183.52

October 3, 2018
CPB 4 shares @ $36.64 total 146.56

October 8, 2018
BKE 2 shares @ $21.17 total 42.33
T 3 shares @ 34.08 total $102.24
VZ 2 shares @ 54.99 total $109.98
CAH 8 shares @ $54.52 total $436.16

Quite few collection of stocks that I added shares to continue to build passive income via dividend. These were mostly averaging down and continue building amount of shares I hold on each stocks, while keep collecting stellar dividend paying stocks.

With the current purchase I added $49.46 in forward yearly dividend. The current total is $1343.18. This is real money that I do not have to even lift a finger to collect.

CAH- Cardinal Health is a new position for me. I will continue to build this beaten down stocks recent market gyrations have seen this stock trade at close to its 52-week low of $48, the high end of 52-week market is $75. Hopefully it does not rebound while I am building this position. However, the stock is value much higher so bargains have to be had sometimes. Current Dividend Payout ratio is still in the low 40% of income so room to grown dividend here. The current dividend Yield sits around 3.89%. 

What are your thoughts on current purchases? What are you buying this month? Or are you staying on the sidelines due to market gyrations?

Thanks for visiting

Dividend Pursuit

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.

October 2018 Watchlist

October 2018 Watch List 

So October is here and the year is almost over. As we close in on the last quarter of the year. this is a good time to start planning for upcoming purchases and possible add one more position. Will look at current position to see where we can add more shares and continue to build my portfolio. My current forward yearly dividend sits at $1293.72. 

So here is what I be watching and possibly add more shares here and there to keep growing my dividend portfolio. I do see myself adding a position or two but Mr. Market will have to sort that out.

Here is my list: 

AGNC - a Mortgage REIT company current shares is 12 in my portfolio

KDP - Since merging with Keurig Dr. Pepper will pay dividend as one company for the first time in October. Current shares held 2.

BMY - Bristol-Myers Squibb is a major Bio pharmaceutical company earnings continue to grow quarter over quarter. However, the price is a little high for my liking, but I hope for some pullback in the near future. Current shares held 2

VZ- Verizon, I added few more shares last month, I hope to add few more this month as the price still looks attractive as of now. Current shares held 13.

T- AT&T with the merger completed and know the company can focus in grown its dividend and major TV content provider HBO is now part of the family. Will see what be T does going forward, but I would definitely like to add few more shares here. Current shares held 6.

CAH- Cardinal Health- If I purchase any thing new to add a new position, I think this could be it, but Mr. Market can always change that. The price looks attractive, for one of the three biggest pharmaceutical wholesalers on the US. No position held.

ABBV- Abbvie still looks attractive I feel comfortable with current position, but will add more shares if it drops more here. Current shares held 12.

ABT- Abbott, has rise since i last purchase it has appreciate over 18%, so I hope there is a pull bag so I may add more shares. Current shares held 5.

CPB Campbell Soup continue to go down so it will be time to add more shares for sure. However it will depend on Mr. Market as always. current shares held 5.

ABM- ABM Industries engages in the provision of facilities service for commercial, industrial and institutional buildings. I be looking to add more shares here as the price have fluctuate between $42 to $28 in the last year. at current price of $32 still looks attractive, but I would like some more pull back. Current share held 4.

The above list will be my primary focus. However Mr. Market can always throw in a wrench in our plans and we will have to be flexible and adjust not to time the market but to buy what it presents to us.

Here is other potential opportunity that could present to us all in my current portfolio: O, EPR, LTC, MAIN, CL, and NWFL

What do you think of current list of opportunities? What are you plans for this month? Will you be buying anything or the market gyrations have you on the sidelines?

What are you buying now?

Thanks for visiting

Dividend Pursuit

Disclaimer: Long on all stocks listed, Except for CAH

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 September 2018 VI

Recent Purchase September 2018 VI

As the month of September came to an end. I had a few money left in the brokerage account so I decided to pull a trigger and add a few more shares and start a new position. It was a busy month I end up buy and adding most of the stocks I had been wanted to buy for awhile so it was definitely a positive month in that aspect. I continue to buy and build my dividend income. So let us take a look on what i purchase last week to end the month.

Without further ado... here is what I purchased:

September 25, 2018

PCH 5 shares @ $45.90 total $229.50

September 27, 2018

AGNC 2 shares @ $18.58 total $37.16

September 28, 2018

BNS 10 shares @ $59.52 total $595.19

Let star with Bank of Nova Scotia (BNS) or Scotiabank. BNS is one of Canada's biggest bank and is well diversified in Latin America, Caribbean and Asia-Pacific with well over 23 million customers. 

BNS just raised its dividend recently and went Ex-Dividend on October 1, 2018 and it is payable on October 29, 2018. This will add $26.36 after exchange rate conversion from Canadian to US dollar in forward yearly dividend.

PotlatchDeltic Corporation (PCH) or Potlatch is a diversified forest company headquarter in Spokane, WA. It manufactures and sells lumber, panels and particleboard and receives revenue from other assets such as mineral rights and the leasing of land as well as the sale of land considered expendable. In February 2018. Potlatch acquired Deltic Timber Corp., a smaller Arkansas-based timber company. Following the merger, the company was renamed PotlatchDeltic. PCH current policy to return money to shareholder via Dividend, special dividend and Share repurchase program is a welcome news to any investor. I missed the last dividend payout, but I look forward to future dividend payout. This will add $8.00 to my forward yearly dividend.

AGNC, is a Residential Mortgage REIT company. The following is from their 2017 annual report:

"2017 was a tremendously successful year for AGNC and our stockholders. For the year, AGNC generated an economic return of 12.1%, comprised of dividends of $2.16 per common share and $0.19 per common share of tangible net asset value appreciation. 1 AGNC’s total stock return, which includes the price appreciation on our common stock and assumes dividend reinvestment, was 23.7% for the year"

With this purchase my total shares is now at 12. Total forward  yearly dividend is now at $25.92.

My current forward yearly dividend is now at $1293.72 with the purchase above.

What do you think of current purchase?

What are you buying now?

Thanks for visiting

Dividend Pursuit

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. 

September 2018 Dividend/Passive income

September 2018 Dividend / Passive income

September has come to an end and it is now time to reflect on past income and ponder on the benefits dividend investing has on early retirement projections. Beginning of new month is surely the best time for dividend investors as we can count the dollars and change received in previous month. The power of dividend compounding couple with dividend raises has a lasting benefits to early retirees.

Without further ado... here is what I collected last month in dividend and rental cash flow.

1. AFL $1.56
2. PFE $1.02
3. F $3.00
4. COP $1.43
5. CMI $4.56
6. PSX $2.40
7. SO $6.00
8. ADM $1.34
9. LB $9.00
10. IBM $3.14
11. XOM $4.10
12. AGNC $1.80
13. O $1.54
14. MAIN $2.09
15. EPR $2.16
16. IP $1.43
17. ED 1.43
18. D $12.53
19. BP $4.92
20. BHP $25.20
21. QCOM $1.86
22. TGS $1.79
23. LTC $1.33
24. PEP $4.64
25. PFG $2.12 

Total $102.39

Total $102.39, that is real money folks, twenty-five (25) different companies decided to share their wealth with me. Just because I decided to invest in their future and they share their wealth with me for taking a chance with them. However, this companies are stable and for the most part the dividend looks save for the next 5 to 10 years. 

Rental 

On the rental side of my investment, last month total income was $3696 for the units and expenses came in at $2771.17. This leaves a cash flow for the month of $924.83.

There were few missed payments, which just gave me my first experience going to the eviction process. I actually just came from court on a stay of eviction execution notice. That will be another story, however some valuable lessons were learn, either way a positive month on the cash flow. I am sure next month will be a little different as the water bill will be due for both property.

Total of $1027.22 in passive income.
How did you do last month on your passive income?

Thanks for visiting

Dividend Pursuit

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.

September 2018 V Purchase

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?

Thanks for visiting

Dividend Pursuit

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. 

September 2018 III Purchase part II

Part II and September 2018 Purchase Part IV

As I closed part one of my September 2018 Purchase II, I realized I forgot to add one stock that was purchase. So I will take this opportunity to make an update on purchase part II and September Purchase IV. I can believe I was able to make four (4) different purchase this month and I was able to add quality stocks with long term track record. They will be the cornerstone of my FIRE (Financially Independent Retire Early) Fund. 

So without further ado... here is what I purchased:

September 17, 2018

VZ 7 shares @ $54.62 total $383.33

September 19, 2018

ABBV 8 shares @ $90.88 total $727.04

CB 3 shares @ $140.35 total $421.05

VZ 2 shares @ 53.62 total @107.24

Wow, I was able to add some quality stocks to my fund. 

VZ (Verizon), just raised it's dividend from $0.59 to $0.6025, that is 2.1% increase on par with what the government says the inflation rate is. Over long haul inflation erode earning power of our dollar. That is why I invest in quality stocks who raise dividend to keep up with inflation. 

This purchase will add $21.69 to my forward yearly dividend.

ABBV (ABBVIE), I continue to average down here, I did not plan to buy any new shares of ABBV this month; however, the market present an opportunity to average down, so I took advantage of it.

ABBV will go Ex-Dividend on October 12 and the dividend will be payable on November 15. This purchase will add $30.72 in forward yearly dividend.

CB (Chubb), I long want to purchase this stock. I had a long run and the price is a bit high here, but I want to start the position and over long term continue to add shares here. This purchase will add $8.76 in forward yearly dividend.

My forward yearly dividend is now $1098.47. Truly amazing what the power of compounding does. What do you think of recent purchases? What have you been buying lately?

Thanks for visiting

Dividend Pursuit

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.