Tuesday, April 18, 2017

Recent Buy --- JNJ


I took advantage of some weakness in JNJ today and doubled my position.




  • JNJ:  27 shares @ $121.21 --- Yield  2.64%

Total capital invested is $3279.59 and will add $86.40 to my yearly dividends. 

While not super cheap, the upcoming dividend increase should make the future yield around 2.85-2.9% which is solid for a company like JNJ.

Also on my radar is GWW, which has fallen about $26.00 today and $60.00 over the last 2 months.

Forward dividends are around $8350.00.

DEFY MEDIOCRITY
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14 comments:

  1. DivHutApril 18, 2017 at 4:42 PM

    CAH, GWW, JNJ. No shortage of high quality stocks to choose from today. Nice pick up.

    ReplyDelete
    Replies
    1. My Dividend PipelineApril 19, 2017 at 8:27 AM

      DivHut,

      So true! I know IBM isn't in your wheelhouse, but it is getting hit pretty hard today after 20 consecutive quarters of declining revenue.

      MDP

      Delete
  2. Dividend DiplomatsApril 18, 2017 at 5:20 PM

    MDP -

    Always a nice purchase when you can scoop up some JNJ, dividend increase coming in 8 days!!

    -Lanny

    ReplyDelete
    Replies
    1. My Dividend PipelineApril 19, 2017 at 8:28 AM

      Lanny,

      I'll be watching closing for the JNJ increase as well as the upcoming XOM & WFC increases. Fingers crossed!

      MDP

      Delete
  3. captain dividendApril 18, 2017 at 6:12 PM

    Nice job buying on the dip. I suspect it will be short lived. JNJ continues to deliver and this quarter was no different even if it missed some analysts expectations.

    ReplyDelete
    Replies
    1. My Dividend PipelineApril 19, 2017 at 8:29 AM

      Captain,

      I'll likely add throughout the year and in future years. KO, PG, & XOM are other companies that I plan to add to regularly throughout the next decade!

      MDP

      Delete
  4. Buy, Hold LongApril 18, 2017 at 7:05 PM

    A very nice pick up. The only issue I have is that the dividend received is not enough to buy another share.

    ReplyDelete
    Replies
    1. My Dividend PipelineApril 19, 2017 at 8:29 AM

      BHL,

      Short term thinking, my friend! It will come over time!

      MDP

      Delete
  5. AnonymousApril 18, 2017 at 7:27 PM

    Loyal 3 going away. What are you going to do?

    ReplyDelete
    Replies
    1. My Dividend PipelineApril 19, 2017 at 8:30 AM

      Anonymous,

      Probably what I always do...invest regularly with Capital One (formerly Sharebuilder). :-)

      MDP

      Delete
  6. AnonymousApril 18, 2017 at 9:40 PM

    Love JNJ but not at this price point. Doubled my stake in CAH, and expected to see you do the same. LOL! Keep fighting the good fight MDP! Rock on with your bad self!

    ReplyDelete
    Replies
    1. My Dividend PipelineApril 19, 2017 at 8:57 AM

      Anonymous,

      Well I don't own any CAH, but I saw that big drop as well yesterday. A lot of health care related companies are performing badly and I may add some more GILD or ABBV soon!

      MDP

      Delete
  7. Dividend DazeApril 21, 2017 at 3:08 PM

    Lots of good value in the market lately. I was deciding between JNJ and CAH. Decided to open a new position with CAH. Can't go wrong with any pick. Nice buy.

    ReplyDelete
    Replies
    1. My Dividend PipelineApril 22, 2017 at 2:18 PM

      DD,

      Bargains are everywhere. Great job with CAH!! I was watching it as well.

      MDP

      Delete

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