Here are my automatic investments for this week.
- KO: 7.19 shares @ $41.72 --- Yield 2.92%
- WM: 3.02 shares @ $53.85 --- Yield 2.82%
- JNJ: 5.57 shares @ $99.40 --- Yield 2.79%
Total capital invested is $900 ($300 in each company). The combined yield on these purchases is 2.84% and will add $25.59 to my yearly dividends.
This is a relatively uneventful week as I am slowly adding quality companies to my portfolio. JNJ continues to hover around $100 so I will keep adding at these levels and lower. KO has drifted down a little over the past month and looks decent here as well. It has been almost a year since I have added to WM. My cost basis is $41 and the stock has headed straight up over the past year.
Last week the company received a downgrade so I thought I might be able to pick up some shares under $50. Unfortunately the combination of an earnings beat and a subsequent upgrade has sent the shares back up to new highs. Oh well, I have a very small position and will probably add more hopefully at lower levels.
Companies on my radar for next week include KO, JNJ, PG, XOM, CAT, NOV, MCD, BAX, and MSFT.