Tuesday, July 28, 2015

Weekly Purchases

Here are my automatic investments for this week.

  • CVX:  2.73 shares @ $91.37 --- Yield  4.68%
  • UNP:  2.61 shares @ $95.43 --- Yield  2.31%

Total capital invested is $500 ($250 in each company) and the combined yield is 3.29%. My yearly dividend income will increase by $16.45.

Due to unforeseen expenses popping up, I had to cut back on this week's purchases. I may buy a larger position tomorrow. TD has been in the $38 range, NOV could go below $40 any time and everything else energy related continued to get hammered.

Here are some other companies that I am watching closely....DD, VZ, KMI, JNJ, CAT, BBL, and ESV.



  1. I like the purchases MDP. I wish UNP would keep falling, but today it had quite the jump. Keep up the good work


  2. I wish I had gotten more UNP myself, especially when it was at $92... Either way I like CAT, JNJ, and BBL a lot on your watch list. I would like more KMI too, but I want to push out other positions first.

    Long UNP, JNJ, and KMI

    Keep it up MDP.

  3. I like both of these buys. I recently added more KMI and they are my single largest holding at the moment. It makes me a little nervous to have so much energy exposure but it's so hard to pass up these juicy yields. I know oil will recover at some point and these companies will be much higher at that time.

    Keep up the good work!

  4. Guess you can't ignore that CVX yield any more. One of the reasons I still like the Canadian banks as well as some new industrial plays like CAT and EMR which is on my August potential buy list. Nice buys. Thanks for sharing.

    1. The quarterly earnings is not even covering the dividend anymore. I been telling the guy he needs to lighten his exposure but just keeps getting more unbalanced with buying more oil stocks. Being a dividend investor and concentrating in one sector, will never end well.

    2. Anonymous,

      BBL, BP, CVX, ESV, KMI, NOV, RDS-b, and XOM accounts for $3200 of my $18000 in passive income. That is 17%. In other words 83% comes from other companies. How is this concentrating in one sector? What is your definition of balanced? 90% from non energy related companies?


    3. Anonymous-

      One or two bad quarters should actually be to our benefit, as we're able to buy more shares at a cheaper price. The good news with CVX is that, while the dividend is frozen, it hasn't been reduced. Once oil recovers, it's possible that CVX and some of the other oil companies will reward shareholders with either a special dividend or a nice jump in their regular annual divided.

      I'm currently at a -16%(cost/current price) average with my CVX position, so now would be a good time for me to start averaging down big time.

    4. How did you factor in the ESV dividend cut?