Tuesday, May 20, 2014

Weekly Sharebuilder Purchases

Here are my automatic investments for this week.

  • ARCP:  50.60 shares @ $12.85 --- Yield  7.78%
  • ESV:  13.08 shares @ $49.71 --- Yield  6.04%
  • PM:  7.62 shares @ $85.26 --- Yield  4.41%
  • GE:  24.58 shares @ $26.45 ---Yield  3.33%

Total capital invested is $2600 invested equally in each company.  The combined yield on these purchases is 5.39%  and will add $140.14 to my yearly dividends.

Note:  My last three purchases of PM were in Februaray at prices between $76 and $79.  The share price has appreciated quite a bit in the last few months, but I still like the yield and growth prospects. 


$100/week Challenge---Week 4

Week number four is in the books.  My monthly expenses should come in less than $2700 for the month of May.  If I can keep up the current pace, $14,500 in forward dividends should be achievable by year end.

Stocks on my radar for next week are: 

BP, PG, CLX, VZ, TGT, PM, MO, WFC, IBM, JPM, CINF, and TD. 

10 comments:

  1. Great progress as you continually keep reinvesting and saving. Your watch list for next week is very solid. I really like your TD pick as I am looking to increase my holding for them as well as a couple other Canadian banks like RY, BMO. Also if you want a Canadian telecom look into BCE as its one of my favorites with a 5% yield.

    ReplyDelete
    Replies
    1. Thanks AG. I am not a big fan of banks, but I can think the three I have on my watch list have the ability to pay and more importanly increase dividends over time.

      MDP

      Delete
  2. great week. the 4 i would buy from your next week watch list would be WFC, TD, TGT, BP. right now.

    ReplyDelete
    Replies
    1. FFdividend,

      I undecided whether to open a new position in a financial company or backfill some smaller positions. Maybe I'll do both.

      MDP

      Delete
  3. Great blog. I need to set some goals like you've been doing. I'm looking at PG and CLX as well but need to do some more research.

    ReplyDelete
    Replies
    1. deardividend,

      Thanks for stopping by. PG and CLX are great companies that are rarely undervalued. I personally believe investing in these names periodically is a great way to accumulate long term wealth. Both are high on my watch list.

      MDP

      Delete
  4. Nice buys this week. I bought shares of ESV & ARCP. I also picked up shares of TGT which I noticed is on your watch list. At the moment, from your list for next week I have TD and CLX on my radar.

    Enjoy the rest of your holiday weekend. Cheers!

    ReplyDelete
    Replies
    1. AFFJ,

      After this week's dip by Shell, I will be adding some oil to the lineup. Coke is a bit high, but then again what isn't. I need to start adding to some underweighted positions. ARCP as noted in my original position is speculative. I will add more shares, but not space them out. ESV continues to look fantastic.

      MDP

      Delete
  5. Great homepage! I am glad I found this site...

    Curious if you'd be interested in a Link exchange w/ CC?

    http://www.commoncts.blogspot.com

    ReplyDelete
    Replies
    1. commoncents,

      Thanks for stopping over. I will definitely check out your site.

      MDP

      Delete