Weekly Sharebuilder Purchases

Here are my purchases for this week.

• WM:  9.81 shares @ $40.69 --- Yield  3.68%  (Initial position)
• BAX:  5.91 shares @ $67.73 --- Yield  2.90%  (Initial position)
• ESV:  7.86 shares @ $50.77 --- Yield  5.91%
• PFE:  12.57 shares @ $31.76 --- Yield 3.27%

Total capital invested is $1600.00 ($400 in each company). The combined yield of these purchases is 3.94% and will add $63.04 to my yearly dividends. 

I plan on adding more shares of  Pfizer until I reach a full position.  Baxter should be a good complement with solid dividend growth.  Waste Management is a wonderful company with consistent, albeit slow dividend growth.  I can only assume with continued population growth and a greater focus on recycling this should be a solid company for many years.  ESV is speculative with a high entry yield.  Future dividend growth is uncertain, but should be a solid income producer. 

Weekly Sharebuilder Purchases

Here are my purchases for this week.

• KMI:  12.61 shares @ $31.72 --- Yield  5.17%
• PFE:  12.54 shares @ $31.92 --- Yield  3.26%
• BBL:  6.63 shares @ $60.33 --- Yield  3.92%
• ESV:  8.21 shares @ $48.74 --- Yield  6.16%  (Initial position)

Total capital invested is $1600.00 ($400 in each company).  The combined yield of these purchases is 4.63% and will add $74.08 to my yearly dividends.

The DJIA has been up about 300 points in the last two days.  It is very difficult to find value, but REITs, tobacco, and many energy companies appear to be reasonably priced.

Weekly Sharebuilder Purchases

Here are my weekly purchases:

• BBL:  8.24 shares @ $60.71 --- Yield  3.89%
• BP:  10.28 shares @ $48.65 --- Yield  4.69%
• KMI:  15.76 shares @ $31.74 --- Yield  5.17%

Total capital invested is $1500.00 ($500 in each company).  The combined yield of these purchases is 4.58% and will add $68.74 to my annual dividends.

This is my first BBL purchase.  It hit a high of $66 earlier this year and has recently pulled back.  I feel this will be a nice addition to my dividend pipeline.

February 2014 Passive Income

Here is the breakdown of the passive income I received in February.


Taxable Account:

Dividend & interest income

• AHITX ---$269.91
• T --- $135.70
• HCP --- $114.45
• KMI --- $57.40
• PG --- $33.08

Total taxable passive income is $610.54.


Retirement Account:

Bond interest

• AHITX --- $136.78
• ABNDX --- $40.29

Total retirement account income is $177.07.

Total passive income received in all accounts is $787.61.


Monthly Purchases:

PEP ---$1000
PM --- $900
T --- $750
RDS-B --- $550
GE --- $550
CVX --- $250

Total new capital invested is $4,000.

Weekly Sharebuilder Purchases

Here are my first purchases for March:

• KMI:  12.53 shares @ $31.92 --- Yield  5.14%
• GE:  13.62 shares @ $25.70 --- Yield  3.42%
• PEP:  3.74 shares @ $80.17 --- Yield  3.27%
• T:  9.36 shares @ $32.06 --- Yield  5.74%

Total new capital invested is $1350 ($400 KMI, $350 GE, $300 PEP and T).  The combined yield is 4.41% and these purchases will add $59.50 to my annual dividends.

Unfortunately my purchases went through on a big up day in the market.  This is the first time I have added KMI since last September.  There is a some risk with both KMI and T, but hopefully these will prove to be values like TGT in December and January.  This is my third addition to PEP in the last month. 

Weekly Sharebuilder Purchases

Here are my purchases for this week:

• PEP:   4.40 shares @ $79.55 --- Yield 3.29%
• PM:   4.38 shares @ $79.92 --- Yield 4.70%
• T:   10.86 shares @ $32.24 --- Yield 5.71%

Total capital invested is $1050 split evenly among each company ($350 each).  The combined yield is 4.56%.  These purchases will add $47.88 to my annual dividend income.

AT&T continues to drift towards 6%.  I will add more shares on further pullbacks.

END OF AN ERA: Final Mutual Fund Purchase

On Friday I made my final American Funds purchase.  After two years of dollar cost averaging into my taxable account I am finished.

Here is the breakdown:

• AHITX (high yield bonds) --- $2000
• CAIBX (dividend income) --- $2500
• ABALX (balanced fund) ---$2000

From now on I will only buy individual companys that pay dividends.  I still buy American funds through my 401k at work.  They actually are a pretty good fund family, but the fees they charge (especially the front end load) are just too high for me to stomach.

In March of 2012 after a few years of receiving no interest on my savings account, my investment advisor told me I needed to be in the market.   At the time, the market had just about doubled from the lows of 2009.  The 2008-2009 and 2000-2002 market crashes were still on my mind.  Even though I had bought HD at 57, GE at 50 and Intel at 70 in August 2000 (OUCH!), I still felt that my broker might be right.  In any event, there was no way I was jumping into individual stocks after what I believed was yet another bubble. 

Eventually I decided to average in monthly with well diversified funds. I liked the idea of income producing funds because of the perceived stability they provide.  American funds held up exceptionally well during the 2000-2002 bear market. 

AHITX provides great income but it doesn't grow.  CAIBX has great dividend holdings but the high front end load and yearly fees negate most of the dividend growth. 

I am in no hurry to sell these funds because they do provide diversification while I build my dividend pipeline.  Eventually when I have enough companies  and enough sectors, I will slowly sell off my funds and use the proceeds to continue accumulating income producing assets.

Starting next week my only purchases will be made through Sharebuilder.  I have learned so much through the many excellent blogs that I have been following over the past six months.

Let the new era begin!