Tuesday, September 23, 2014

Weekly Sharebuilder Purchases

Here are my automatic investments for this week.

  • ESV:  11.40 shares @ $43.76 --- Yield  6.86%
  • BBL:  8.75 shares @ $57.06 --- Yield  4.35%
  • MCD:  5.32 shares @ $93.78 --- Yield  3.63%
  • GM:  14.97 shares @ $33.34 --- Yield  3.60%
  • BAX:  6.94 shares @ $71.91 --- Yield  2.89%
  • XOM:  5.16 shares @ $96.65 --- Yield  2.86%

Total capital invested is $3000 ($500 in each company).  The combined yield on these purchases is 4.03% and will raise my yearly dividends by $120.87.


100/week Challenge---Week 22   S&P 500:  1989

MCD and BBL are close to reaching full positions.  I am slightly overweight in ESV and have been adding more shares on continued weakness.  BAX and XOM have come down quite a bit in the last month and look good around 3% yield.  GM still looks solid and I think it is undervalued in the low 30's.

Stocks on my radar for next week include MCD, XOM, CVX, BBL, GM, GE, KO, HCP, and CAT.

26 comments:

  1. Totally missed out when I picked up ESV earlier in the year at $50 per share. I do like the averaging down you're doing with BBL and ESV given the latest weakness. Good to see the weekly consistency of greater than $100 of dividends added is continuing nicely. What are you forward dividends up to now?

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    1. W2R,

      BBL and ESV are in bear market territory and look to be oversold in my opinion. I feel as all dividend investors should...when prices go down it's time to go shopping. :-)

      My forward dividends are roughly $12,900 right now. That number also includes the interest I receive from my high yield bond fund.

      MDP

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  2. Some great buys here! I love that you can throw down that much in a week and add over 100 in annual dividend income. You are racking up a terrific portfolio. I'll keep following your journey!

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    1. SAD,

      Keep up the good work yourself and thanks for stopping by! Many hours have been and continue to be invested in my career. It has taken a lot of sacrifice to get to this point.

      MDP

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  3. Nice purchases MDP. It is great to see you invest these kind of amounts each and every week. MCD has been drifting around low 90s mark for a while now and I want to add to my position which was initiated at 98. Not sure whether to buy now or wait until their upcoming results. BAX continues to drift down too....

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    Replies
    1. DGJ,

      Other than Clorox this week, I think everything is drifting down. Here are a couple of questions for you...If you buy a few shares of a company at $92 and then it goes to $98 before you can buy more how does that make you feel? Secondly if you buy a company at $98 and it immediately goes to $92 how does that make you feel? In the first scenario you should be disappointed that the stock got away from you. In the second, you should be thrilled to get more shares at a lower price. At a 3.6% yield from MCD, I would keep adding. If you are not sure where the price is going, keep doing like you have been and average your way into the position.

      MDP

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    2. I am definitely excited to see MCD at 52 week lows and looking to add it. But I am thinking that it might drop even more after results (unless it hasn't risen by then) as I expect the results to be poor this qtr. Or I might just add more right now while I can get it cheaper. Lets see how this goes.

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    3. Hopefully MCD will drift a bit lower as I would like some more shares as well.

      Delete
  4. Nice purchases as usual. It's awesome that you can invest this kind of capital each week.

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  5. MDP,

    Like the buys!

    BAX and BBL in particular have caught my recent attention. If BAX stays near this level or drops further I might add next month. Gotta love BBL's yield.

    Keep up the great work!!

    Best wishes.

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    Replies
    1. DM,

      The only thing I don't like about BBL is the semi-annual dividend payments. But that really isn't that big a deal. BAX looks good here as I have been patiently waiting for a pullback.

      MDP

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  6. MDP,

    Glad to see you still rolling with another great week of purchases. Really like BAX, BBL, GE, ARCP, and O is starting to look attractive if it can dip below $40. Almost 13K in forward dividends is insane progress, all your hard work is paying off.

    Best,
    Ryan

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    1. Ryan,

      I appreciate your support, as always. REITs look pretty good here and BBL seems to be a screaming buy. Keep up the amazing progress yourself!

      MDP

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  7. So how much is your family take home pay a month. Must be quite a bit to week after week grind upwards like this.

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    1. AG,

      My wife says she has a job but there is no visual proof of that when looking at my bank account! LOL!!!! But that's ok! She earns her money and can spend it on what she wants so long as she doesn't use credit cards. Not counting dividends, we take home about 15k per month. Also my house is paid off and we have no kiddos, so those two things definitely help.

      MDP

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  8. That's great that you ars using all that money for investing. I am sure all that hard work will pay off sooner than later. I also work 60+ hours per week so that I can invest more. This will hopefully allow me to retire younger than expected. Good luck with your investments.

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    1. DM,

      The 60+ hour work weeks are both the inspiration and the means to FI. I wish you well on your journey. Keep focused.

      MDP

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  9. BBL, MCD, XOM, and BAX are all great choices. I'm personally long MCD and BAX, and have closely looked at BBL last month. I just got exposed to ESV recently, but I promise you I will never touch GM again. I owned it before, and I just can't morally feel okay with them. Regardless, I think they are undervalued as well, and I wish you the best of luck with that position!

    ReplyDelete
    Replies
    1. DD,

      Thanks for stopping by and commenting. I know GM is a controversial pick due to the bailout and more importantly a limited dividend history. I try not to get too involved in the politics of companies as there are many companies that receive favorable tax treatments, pork spending, and other questionable subsidized funding.

      MDP

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  10. Great buys MDP - every stock mentioned are "on sale" compared to their 52-week high.

    We've been doing alot of buying ourselves as the market appears to be giving dividend investors a nice opportunity here in September. We will report all our buys on October 1 as we normally do but September has been the most active buying month for us this year.

    Keep adding to that dividend pipeline. Best Wishes! AFFJ

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    Replies
    1. AFFJ,

      Thanks, my friend. Needless to say I have had multiple opportunities to average down on some of my holdings. :-) Luckily with a long term view and strategy, I view pullbacks as a positive and will eagerly add to my positions.

      I have noticed that you are picking up some more positions also. Keep it up!

      MDP

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  11. MDP,

    Great job scooping up that MCD. Love them, though the raise wasn't as big - they're one of those "foundation" companies that you can almost buy at anytime and you'll look back and have one of those upside down M smiles for it haha. Nice work placing in more capital, it's phenomenal that you can and have the ability to do this every week - your forward looking dividend income stream has to be incredible. Financial Freedom coming your way? I think so and I think that pipeline is getting full pretty fast! Nice.

    -Lanny

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    1. Lanny,

      Thanks for the encouragement. I am doing my best to focus on 10 or so core components, but I want to finish out some positions. My energy exposure is high enough, especially overseas companies. MCD will certainly be one of my cornerstone stocks along with KO, XOM, CVX, PG, MO, GE, T, MSFT, and eventually JNJ.

      MDP

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  12. Solid purchases all around with a lot of new capital invested. Your dividend snowball is really getting large. ESV is an interesting pick as there is continues weakness in the space. I know All About Interest has been adding to that position too and the yield looks really juicy but I wonder what the near term will hold and perhaps better buying opportunities will present itself for that stock. Thanks for sharing!

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    1. DivHut,

      The drillers are not seeing much love right now, but that is typically when you want to buy. ESV may very well drift lower and is highly cyclical so I will just hold my shares and collect the dividends. Right now ESV is responsible for about 3% of my dividends so I won't increase my position too much more right now.

      Thanks for stopping by!

      MDP

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