Thursday, July 31, 2014

Stock Purchases Kraft & Aflac

Well there has been some volatility in the markets today, so I decided to pick up a couple of new stocks.  I am using the proceeds from my recent Intel sale.  These are not part of my weekly Sharebuilder buys.

Here are the two newest additions to my portfolio.

  • KRFT:  75 shares @ $53.83 --- Yield  3.90%  (inital position)
  • AFL:  67 shares @ $59.92 --- Yield 2.47%  (initial position)

Total capital invested is $8051.89.  The combined yield of these purchases is 3.2% and will add $256.66 to my yearly dividends.


19 comments:

  1. Great picks, MDP. Your dividend pipeline sure is building up well. At this rate, you will be able to achieve financial independence in no time.

    Best wishes
    R2R

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    1. R2R,

      This is my first non Sharebuilder purchase since around February. I was surprised to see Aflac under 60 and really surprised Kraft was under 54. I couldn't resist pulling the trigger on two pretty solid companies. Keep alert, I think it is time to do some bargain hunting!

      MDP

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  2. Great picks. AFL is on SALE!!!!!!!!!!!!!

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    1. AG,

      Thanks buddy! You are right Aflac along with many others is on sale. It may really be on sale after a couple more market days like today! LOL

      Keep your eyes open, some really solid companies are becoming very cheap!

      MDP

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  3. Nice buys MDP. I'm hoping this correction continues so I can put some excess cash to good use. :)

    We recently picked up shares of AFL as well. And with todays 6% dip, we are thinking of picking up shares KRFT too! Keep up the great work.

    Wishing your continued success in your journey! AFFJ

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    1. AFFJ,

      Remember dollar cost averaging in a down market is where the wealth is created. Keep focused on making your regular purchases.

      MDP

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  4. Nice picks MDP. KRFT sure looks interesting and attractive. Will keep an eye out today.

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    1. DGJ,

      I have been waiting for a 4% entry point with Kraft for a while. It may drift lower, but I think this is a pretty good entry point.

      MDP

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  5. MDP,

    Great way to deploy the cash. I'm almost positive I'm going to buy more Aflac here. It'll be interesting to see if the extra incentives for sales make a difference in earnings right away. I also couldn't believe KRFT was down so much Thursday, great job grabbing that high yield. I picked up a small position in a fast growing smaller yield company I had been looking at for a while, AOS. Let's hope for more discounted prices next week, right before your automatic trades go through :)

    Have a great weekend!
    Ryan

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    1. Ryan,

      Thanks bud. I wasn't really looking at Kraft that closely, but after I bought some shares of CAG last month I started watching food companies. Close to 4% on KRFT seems pretty solid. We'll see.

      MDP

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  6. KRFT and AFL are two great long term holdings. Nice job being quick on that KRFT dip. If AFL stays below $60 I'll probably add some more this coming week.

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    1. PIP,

      Thanks my friend. I hope Kraft and Aflac are two companies that I can buy and forget about. Hopefully this pullback will continue throughout the rest of the year!

      MDP

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  7. MDP,

    Nice purchases. I think AFL in particular is pretty attractive right now after a pretty substantial pullback.

    That's some serious dividend income you just added to the pipeline. That thing is transporting some serious dividend energy over your way. :)

    Best wishes!

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    1. DM,

      Thanks for the kind words. I really like the bargains that are becoming available. MCD and GE at 3.5%, BP and KMI are becoming interesting here as well as they are both nearing 5%. I was hoping Procter and Clorox would continue to pullback, but both jumped on Friday. Still there are plenty of great options.

      MDP

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  8. MDP,
    I also like AFLAC here. It had been holding onto that 60 level for so many months. I may look to add to my position in my retirement account next week. We'll see where the market takes us! I haven't looked at Kraft for a while since I just bought some GIS recently for a foods stock.
    -RBD

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    1. RBD,

      I too like AFL and will continue to buy shares on further weakness. As far as food stocks go, it appears as though CAG, KRFT, GIS, and K have experienced recent weakness. The market is definitely loosening up here. Hopefully there will be more opportunities throughout the rest of the year to pick up some quality names.

      Thanks for the comment.

      MDP

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  9. Great pickups! I recently re-upped my position in Kraft. Very strong brands and a commitment to establishing a steady dividend. Hopefully you caught it at the bottom!

    Keep it up.
    Bert, One of the Dividend Diplomats

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    1. Bert,

      Good job buying Kraft. I don't know if it is at the bottom, but I feel pretty good about both Kraft and Aflac. There are some other great bargains starting to surface as well. Hopefully we can continue to pick up great companies at reasonable prices!

      MDP

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