Here are my automatic investments for this week.
- CAT: 2.98 shares @ $83.84 --- Yield 3.34%
- PG: 2.95 shares @ $84.89 --- Yield 3.03%
- BAX: 3.58 shares @ $69.76 --- Yield 2.98%
- JNJ: 2.50 shares @ $99.93 --- Yield 2.80%
Total capital invested is $1000 ($250 in each company). The combined yield on this week's purchases is 3.04% and will add $30.40 to my yearly dividends.
After a crazy couple of weeks in the market, I am traveling on a calmer road today investing in some relatively boring companies. BAX, PG, and JNJ continue to drift downward so I will take this opportunity to add to these names. CAT after falling hard like many energy names is starting to rebound again. I will probably continue building a position under $90.
While energy companies have been stabilizing somewhat, it appears that interest rate sensitive names including utilities and REITS are starting to fall. While I have a fairly large position in HCP, I would certainly consider adding more around $40-41.
Other names I will be watching closely are PM, MSFT, NOV, XOM, and BBL.