Here are my automatic investments for this week.
- CAT: 2.47 shares @ $80.96 --- Yield 3.46%
- XOM: 2.33 shares @ $85.76 --- Yield 3.22%
- JNJ: 1.99 shares @ $100.57 --- Yield 2.78%
Total capital invested is $600 ($200 invested in each company). The combined yield is 3.15% and will add $18.92 to my yearly dividends.
After a rather active month of investing in March, I will probably take it easy this month and keep adding to positions with my weekly purchases. If I continue to reduce my mutual fund holdings this month, I will probably redeploy the proceeds into companies like PG, KO, JNJ, and EMR.
Oil continues to bounce around, but seems to be holding its ground in the $45-$50 range. If Exxon stays in the $80s I will probably continue to add to my position. CAT also looks really good around a 3.5% yield.
Companies on my radar for next week include the three above as well as PM, SO, GM, and NOV.
DEFY MEDIOCRITY
Nice purchases, MDP. thanks for sharing
ReplyDeleteR2R
R2R,
DeleteNo problem. Have a great day!
MDP
Nice buys. I had almost picked CAT up a few weeks ago, but instead opted for DE. Both are winners along with XOM and JNJ. Enjoy the new income.
ReplyDelete- Gremlin
DG,
DeleteI agree with your assessment of DE and CAT. Both are good long term holdings even though they are highly cyclical companies.
MDP
I see you purchased more JNJ after last week's big purchase. JNJ is looking very interesting right now.
ReplyDeleteTawcan,
DeleteMy portfolio certainly can use more JNJ and I wouldn't mind it becoming my largest holding eventually.
MDP
looks good. JNJ is looking more and more appealing of late too.
ReplyDeleteCHeers
TV,
DeleteJNJ around $100 appear to be a pretty good price. Hopefully it drifts lower so I can continue to lower my basis.
MDP
Hi, I like your weekly purchases. I assume you are not charged with any commission fee from your broker? I am considering no-commission and small-amount flexible broker for new purchases. Any recommendation? Thank you.
ReplyDeleteMU,
DeleteI use Sharebuilder for most of my purchases. They charge me $12 for 12 purchases a month. I have to make my stock selections on Monday and the trades go through on Tuesday mornings. They discontinued this program a while back, but I believe Costco members can pay $10 a month for 12 purchases.
I like the program as it keeps costs down and allows fractional purchases and DRIPs.
MDP
That is true. Costco members can still sign up for the Advantage program which gives 12 automatic trades for $10/month. I signed up for it in September last year and have been using it since. Definitely useful to make small but regular purchases.
DeleteMDP,
ReplyDeleteAnd the wheels keep churning, don't let off on the pedal, great companies.
-Lanny
Lanny,
DeleteAs the Pumpkins would say "Despite all my rage, I'm still just a rat in a cage." On day I will be escape this crazy rat race and you will too!
MDP
That's Impressive. Did you post your portfolio somewhere?
ReplyDeleteAnonymous,
DeleteThanks for the visit. You can check out my Dividend Spreadsheet tab at the top of the page.
MDP
Great purchases MDP. I also added JNJ this week after the price dropped back to $100 levels. Also added T and WMT as well.
ReplyDeleteThanks for sharing.