Thursday, September 8, 2016

Pipeline construction continues --- DIS purchase


Today I added more DIS shares to my portfolio.





  • DIS:  18 shares @ $93.60 --- Yield  1.52%

Total capital invested is $1691.73 and will add $25.56 to my yearly dividends.  The yield is obviously low, but so is the payout ratio at 25%. In five years this company could easily have a 3% YOC. 

My share count is now 35 and I will continue adding until I reach 100 shares.

I keep watching Dividend Hustler kicking ass over there and he's really getting me highly motivated!! I'm not jumping into the deep end of the pool yet, but I feel $5k in forward dividends by year end and maybe $10k by 2017 year end.

Stay tuned!!

DEFY MEDIOCRITY 

16 comments:

  1. Nice buy! FLO and DIS are on my buy list as NAT is no longer in my buy zone. Thank you ESPN woes. May they continue a bit longer.

    ReplyDelete
    Replies
    1. JT.

      It looks like you have two great companies on your list. I too have recently purchased shares of FLO. I would love to add more to both positions!

      MDP

      Delete
  2. Nice buy MDP. We like DIS in the low 90s and have purchase a few shares recently for our Loyal3 account.

    Thanks for sharing. AFFJ

    ReplyDelete
    Replies
    1. AFFJ,

      It's good to be a fellow shareholder with you!! Hopefully we can add more shares at lower prices.

      MDP

      Delete
  3. Pipeline construction continues...I love it! DIS is certainly attractive here. I own 10 shares through my time with Loyal3. Looking to add some more with my next paycheck.

    ReplyDelete
    Replies
    1. Scott,

      I'll be watching for your next move!

      MDP

      Delete
  4. Even my plan is to average the dis.i like to add DIS more with their recent troubles.

    ReplyDelete
    Replies
    1. desidividend,

      Averaging into great companies is a solid wealth building idea! I'll be doing the same.

      MDP

      Delete
  5. MDP -

    Keep the wheels churning and chunking away at forward income. YOU GOT THIS, GO HAM!

    -Lanny

    ReplyDelete
    Replies
    1. Lanny,

      Hell yeah! I'm about to get into BEAST MODE!!

      MDP

      Delete
  6. I just added into this counter too, a definitely good purchase.

    ReplyDelete
  7. I love Disney! I slowly buying on my Loyal3 account.

    ReplyDelete
    Replies
    1. HHWG,

      Glad to be a fellow shareholder! Keep building that portfolio!!

      MDP

      Delete
  8. I love Disney as a dividend payer, really nice buy MDP! They should keep growing their entertainment business for a very long time.

    Tristan

    ReplyDelete
    Replies
    1. Tristan,

      I agree! It wouldn't hurt my feeling if the price drops a bit more. I really would like better opportunities to deploy more capital.

      MDP

      Delete