Tuesday, October 7, 2014

Weekly Sharebuilder Purchases

Here are my automatic investments for this week.

  • ARCP:  41.97 shares @ $11.91 --- Yield  8.40%
  • RDS-B:  6.54 shares @ $76.36 --- Yield  4.92%
  • BBL:  9.27 shares @ $53.95 --- Yield  4.60%
  • GE:  19.91 shares @ $25.11 --- Yield  3.50%
  • XOM:  5.28 shares @ $94.71 --- Yield  2.91%
  • PEP:  5.37 shares @ $93.05 --- Yield  2.82%

Total capital invested this week is $3000 ($500 in each company).  The combined yield for these purchases is 4.53% and will add $135.75 to my yearly dividends.


$100/week Challenge --- Week 24   S&P 500:  1948

I am still working on equalizing my positions.  RDS has come down quite a bit along with most energy names.  GE is drifting near its year low and BBL continues to sit in bear market territory.  I plan on adding to XOM until the end of the year and hopefully can reach 100 shares.  ARCP is one of my smallest positions and looks reasonable at these levels.  PEP is on the other end of the spectrum as it along with KO are sitting near the year highs.  I wish I had picked up more shares early this year when it was in the 70s.  Oh well,  I am going to add to this position until it reaches equal weighting with KO.

Other stocks on my radar for next week include DE, ESV, CVX, WM, CAG, and PAYX.




10 comments:

  1. Some great purchases here MDP. I think I would probably pass on too much PEP at these prices, but like the ARCP, BBL, GE, and XOM price points. I will likely be adding BBL to my portfolio and boosting my GE positions this month.

    ReplyDelete
    Replies
    1. W2R,

      Thanks for the encouragement. Defensive stocks have been on a run recently so PEP is not a great value, but I need to add a bit to this position. I am really glad that I picked up some shares of clorox is the high 80s as it is now in the high 90s. Also you are correct about the energy companies and GE. They all look solid and present great opportunities for long term investors.

      MDP

      Delete
  2. MDP,

    Totally on the same page there with ARCP, BBL, and GE. :)

    I think some of the energy plays make sense here. XOM is the biggest and arguably highest-quality of them all. Nice buy!

    Best regards.

    ReplyDelete
    Replies
    1. DM,

      Start buying and I think you will pleased in the long run. I have a feeling we will be able to buy these names along with GE for the next several months at good prices.

      MDP

      Delete
  3. Yet anther solid weekly buy. Interesting that so many bloggers are buying ARCP recently.

    ReplyDelete
    Replies
    1. Tawan,

      REITS, energy, heavy equipment, and autos look compelling at these levels.

      MDP

      Delete
  4. Like the pricepoints but ARCP needs to proof beeing able to pay that yield on the long run. More interesting to know how US and German tax authorities are going to deal with the GE Capital spinoff, that's the only reason which holds me from adding GE at that price levels.

    ReplyDelete
    Replies
    1. Humblebrag,

      ARCP and GE are trading at a market discounts because of uncertainties. It is these uncertainties that allow us to buy with less risk built into the prices.

      Thanks for stopping by and commenting!

      MDP

      Delete
  5. Nice purchases MDP. ARCP continues to drift downwards and I am wondering myself if I need to add more at these levels. I had initiated position earlier this year and the stock looks attractive and risky at these levels with the high yield.
    Also looking to initiate BBL position since it is attractive and I dont have exposure to the sector.
    Added PEP myself this week in my weekly purchase.

    ReplyDelete
    Replies
    1. DGJ,

      ARCP looks pretty attractive here, but there are some risks and I guess rewards as well. PEP looks to be fully valued and deservedly so. It is a premium company like Coke and I am happy to continue adding shares even at elevated levels. Energy on the other hand is getting hammered and looks fairly cheap right now.

      MDP

      Delete