Thursday, April 27, 2017

Bought: APD, GPC, HCN, HCP, TGT, XOM

Wow, it's been a while since I've posted.  Life has been extremely hectic for me with work and family responsibilities.  March was a month with lots of great buying opportunities, and as such, I capitalized on those opportunities to invest in many different companies.

Below are the companies I purchased for the month of March:
  • I purchased 8 shares of Air Products and Chemicals, Inc. (APD) at $137 per share in my wife's Roth IRA account.  This is a dividend yield of 2.77%, adding $30.40 to my non-taxable dividend income.
  • I purchased 11 shares of Genuine Parts Company (GPC) at $93.75 per share in my taxable brokerage account.  This is a dividend yield of 2.88%, adding $29.70 to my taxable dividend income.
  • I purchased 12 shares of Genuine Parts Company (GPC) at $95 per share in my Roth IRA account.  This is a dividend yield of 2.84%, adding $32.40 to my non-taxable dividend income.
  • I purchased 17 shares of Welltower Inc. (HCN) at $67.75 per share in my Roth IRA account.  This is a dividend yield of 5.14%, adding $59.16 to my non-taxable dividend income.
  • I purchased 35 shares of HCP, Inc. (HCP) at $30.87 per share in my wife's Roth IRA account.  This is a dividend yield of 4.79%, adding $51.80 to my non-taxable dividend income.
  • I purchased 18 shares of Target Corporation (TGT) at $58 per share in my taxable brokerage account.  This is a dividend yield of 4.14%, adding $43.20 to my taxable dividend income.
  • I purchased 19 shares of Target Corporation (TGT) at $55.25 per share in my taxable brokerage account.  This is a dividend yield of 4.34%, adding $45.60 to my taxable dividend income.
  • I purchased 13 shares of Exxon Mobil Corporation (XOM) at $81.20 per share in my taxable brokerage account.  This is a dividend yield of 3.69%, adding $39 to my taxable dividend income.
After these purchases, my non-taxable dividend income will increase by $173.76, and my taxable dividend income will increase by $157.50.

I still need to post my monthly report for March, which I will try to get out within the next few days.

What do you think of my March stock purchases?  Do you own any of the same companies?
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4 comments:

  1. DivHutApril 28, 2017 at 2:26 PM

    You have been bust with many great buys. I like quite a few of them. Sometimes I feel like I missed the boat on GPC. It has performed very well from a cap. appreciation and dividend standpoint. Keep it up!

    ReplyDelete
    Replies
    1. UnknownApril 28, 2017 at 4:51 PM

      Hi Keith,

      Haha thanks. I know you've also been making many great purchases as well. Hopefully the market will continue to offer up great buying opportunities. No worries about GPC; you can always invest in that company at any time. It's just whether or not you are comfortable with the price point. A lot of these good companies keep going up and never really have a good pullback so sometimes I'll just initiate a small position just to get my foot in the door.

      Thanks for stopping by and commenting.

      Delete
  2. DividendMonkeyMay 2, 2017 at 8:30 PM

    Wow, you have been busy with your purchases. That will add a nice chunk of change to your dividend income. Keep it up.

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    Replies
    1. UnknownMay 3, 2017 at 11:10 PM

      Hi DividendMonkey,

      Haha yes, I have been pretty busy with the purchases. I felt like there were some attractively valued companies in March, so I decided to pick up some more shares in existing positions and initiate new positions as well. I'm hoping with the steady investments in these dividend stocks, I can quickly build up a nice dividend income.

      Thanks for stopping by and commenting.

      Delete

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