Tuesday, May 5, 2015

Stock bought: WPC....again


Well I like to report things in real time....so here we go.

  • 20 shares @ $62.84 --- Yield  6.06%

Total capital invested is $1263.75. This purchase will increase my yearly dividends by $76.20. I now have a total of 40 shares of WPC.

12 comments:

  1. Very nice catch MDP! If I've new capital to deploy, I will follow...once again :)

    ReplyDelete
    Replies
    1. DivRider,

      The good news is there will always be future opportunities out there. In the winter it was oil, now it seems to be in utilities and REITs. Keep alert!

      MDP

      Delete
  2. MDP,

    Nice pick-up MDP. Good to see I'm not the only one who doesn't mind being chum for the sharks. We added to our REIT holdings as well today (20 more shares of HCP). One day we will find the ocean floor.... Until then, $17,500 is right around the corner with more dividend purchases at these yield levels.

    All the best.

    FD

    ReplyDelete
    Replies
    1. FD,

      Nice move with HCP! I have a pretty large position in HCP so I may not add any more shares for a while. I will look to add to WPC and SO on further weakness.

      MDP

      Delete
  3. I've been looking at this stock ever since you made your first purchase as I need a replacement for Mattel. $62.84 is a great price. If REIT prices remain depressed, I'll be going with WPC or add to my HCP holding. Looks like we might get some good prices on other stocks too. UNP below $100 would be great.

    ReplyDelete
    Replies
    1. ADY,

      I like your idea of adding to HCP and WPC. I was noticing railroads have been pretty weak lately. I will have to check out UNP.

      MDP

      Delete
  4. MDP,

    This is one I've been pursuing lately as well. Love the yield, growth, quality, and valuation right now. We'll see how it goes!

    Best regards.

    ReplyDelete
    Replies
    1. DM,

      Yeah I caught your writeup a couple of weeks back. I have been adding to HCP and WPC. I will be watching utilities, SO in particular, as rates continue to rise.

      MDP

      Delete
  5. Your train keeps on chugging. Keep it up.

    ReplyDelete
    Replies
    1. DG,

      I plan to keep adding more coal to the furnace!

      MDP

      Delete
  6. Nice score, ADP. I am eyeing WPC as well. Hopefully will initiate some shares soon.

    All the best,
    MU

    ReplyDelete
    Replies
    1. MU,

      I don't want my REIT position to grow to large, but the values look pretty good right now. I will look to add some more shares with next week's purchases if the price stays in the lower 60s.

      MDP

      Delete