Tuesday, October 21, 2014

Weekly Sharebuilder Purchases

Here are my automatic investments for this week.

  • ESV:  7.79 shares @ $38.40 --- Yield  7.81%
  • RDS-b:  8.19 shares @ $73.12 --- Yield  5.14% 
  • BAX:  8.81 shares @ $67.99 --- Yield  3.06%
  • XOM:  6.48 shares @ $92.47 --- Yield  2.94%
  • IBM:  3.70 shares @ $162.10 --- Yield  2.71%

Total capital invested is $2700 ($300 in ESV and $600 each in the other four).  The combined yield on this week's purchases is 3.95% and will add $106.50 dollars to my yearly dividends.

$100/week Challenge --- Week 26   S&P 500: 1933

IBM, KO, and MCD are taking a beating after showing lackluster earnings as well as unimpressive future guidance.  The market as a whole however, seems to be back on the upswing as energy has stablized and bargain hunters are jumping back into the waters.  For the remainder of this year, I am going to continue building up energy positions as well as completing underweight positions.

Stocks on my radar for next week include KO, MCD, GM, VZ, IBM, XOM, and RDS-b.

11 comments:

  1. MDP,

    Like the buys. IBM seems especially cheap here. I'm actually contemplating the idea of adding to my position here soon, drawing cash out of my emergency fund. I don't want it to be a major position, but I'd feel comfortable with it around 1.5% of the portfolio, perhaps less.

    Keep up the great work. I can't keep up, but it's fun to watch. :)

    Best wishes.

    ReplyDelete
    Replies
    1. Jason,

      Thanks bud. IBM looks pretty solid and I think they will turn the corner pretty soon. In the mean time I will enjoy the dividend and add at these levels and lower.

      MDP

      Delete
  2. MDP -

    Good buys there. I'm still seesawing on IBM. There's a lot of history there, but the more recent history of massive stock buybacks to hide the pain doesn't sit well with me. I don't have a position. Yet, anyway.

    I would jump on KO right now if I weren't already at what I consider a full short-term position. It would need it to retrace back to $38 or so to add more.

    I envy your ability to make weekly purchases like that!

    DWC

    ReplyDelete
    Replies
    1. DWC,

      KO certainly is back on my radar after the big drop. I periodically add to my position throughout the year and will certainly buy at 3% yield and higher. I need to add to my PEP position to balance it out with Coke, but the price keeps getting away from me.

      Thanks for stopping by and commenting!

      MDP

      Delete
    2. MDP,

      You sound like you're in the same PEP boat that I am. I bought 40 shares in the mid-to-high 70s earlier this year, then FRIP'd in four more when it dipped a little lower. I wanted more but like you said, it got away from me. Now I have a KO position a little more than three times the size of my PEP position. I'd much prefer they were even.

      We'll get another shot at PEP at some point. The market always has a way of offering gifts from time to time.

      DWC

      Delete
  3. Pipeline,

    Great moves there. I thought about Shell too when they got punched down quite a bit. Actually did initiate a small position into IBM yesterday - pretty happy about that move. Also - I am hoping MCDs gets below $90 again.. something about being below that figure makes it look enticing. Congrats on adding another $100+ in dividend income this week, just straight killing it!

    -Lanny

    ReplyDelete
    Replies
    1. Lanny,

      MCD in the 80's would give it close to a 4% yield. I don't know that I have every seen the yield that high. I plan on adding to my position if it stays around 90 or lower.

      MDP

      Delete
  4. Nice purchases DM. IBM is very tempting at these levels, but I want to see the revenue growing (and not just EPS) before I want to add one. Also, I am already have HPQ, GOOG and few others in the tech sector.
    And the oil sector is definitely looks attractive right now with the pressure on oil prices. I am thinking of adding to my position in COP.

    ReplyDelete
    Replies
    1. DGJ,

      Unfortunately many companies continue to raise their earnings through cost cutting measures. I too would like to see more revenue growth throughout my portfolio. A strong dollar will continue to create headwinds I'm afraid. COP looks good along with CVX, XOM, et al.

      MDP

      Delete
  5. Great work putting that much money to work in a week! I'm not a huge fan of IBM but see why some are buying again with the huge drop. I'm a huge fan of XOM and have been buying small amounts of it each month and an extra buy last week. I'll be buying MCD and KO next week. I like the current price and yield on cost. Good luck!

    ReplyDelete
    Replies
    1. SAD,

      I agree with your opinion of XOM, MCD, KO. I plan on adding to those positions thoughout the next several years. Hopefully IBM will make some improvements in operations and get back to enhancing shareholder value. I feel good about their long term prospects.

      MDP

      Delete