Friday, March 10, 2017

Recent Buy --- OHI


Today I doubled my OHI position.




  • OHI:  80 shares @ $31.20 --- Yield  7.95%

Total capital invested is $2502.94 and will add $198.40 to my yearly dividends. So far this year I have done a pretty good job of adding to positions I already own. I am going to try and continue this strategy, but I would like to add a food company as well. GIS has been looking better recently and I would consider jumping back into FLO as well. In the mean time, I have plenty of choices within my portfolio to add to.

Other companies that I am considering this month include QCOM, XOM, KO, and GILD.

Forward dividends are around $7650.00.

14 comments:

  1. Nice buy. Keep your eyes on Toronto Dominion bank. WFC like allegations are circling. Could be a buying opportunity in the next while.

    ReplyDelete
    Replies
    1. ADY,

      Wow...yeah I see the shares fell below $50 today. I will definitely keep my eye on the situation. Thanks for the info!!

      MDP

      Delete
  2. Replies
    1. Luke,

      I'll take a look. The stock price has double in the last 4 years so it may still be a bit stretched even after the recent pullback.

      MDP

      Delete
  3. Very nice purchase at a decent price. I hope they continue to put out excellent dividends that you can reinvest for the long run. Cheers.

    ReplyDelete
    Replies
    1. BHL,

      It will be interesting to see how REIT, utilities, and other interest sensitive stocks react later this week after the fed meeting. I think everything is already priced in, but you never know.

      MDP

      Delete
  4. Like the OHI pick up. I'm also looking at the health REITs with CCP and maybe a new position in LTC too. The whole sector has been beaten silly since last November and near term headwinds are giving us better buying opps. Thanks for sharing.

    ReplyDelete
    Replies
    1. DivHut,

      I like you line of thinking. Interest rate jitters are hurting these types of businesses so I think it is probably a good time to nibble here and there!

      MDP

      Delete
  5. Nice buy! Healthcare seems to be on many people's radar!

    ReplyDelete
    Replies
    1. DiviCents,

      I think all the uncertainty with the new administration is causing some folks to be scared. Obamacare repeal, drug prices being too high, etc is causing some chaos out there right. Time to buy!!

      MDP

      Delete
  6. Nice buy. I have OHI as well and might look into adding a few shares as well.

    ReplyDelete
    Replies
    1. Mr Robot,

      Good luck with getting your purchases!

      MDP

      Delete
  7. Nice move MDP! I also bought CCP last week and wouldn't mind doubling my OHI position too if prices will get a little lower.
    Defy mediocrity!

    Cheers
    -DivRider

    ReplyDelete
    Replies
    1. DivRider,

      Defy Mediocrity indeed! :-) Keep making moves!

      MDP

      Delete