Wednesday, May 31, 2017

Bought: GIS, GPC, GWW, K

Everything has been pretty crazy for me recently... I've been swamped with work while simultaneously being sleep deprived and trying to raise two kids.  Props to all the bloggers out there who work full time, have children, and are able to blog consistently.  I don't know how you guys do it, but I have much respect.  I've been behind on my posting as I've been trying to spend as much of my free time with my kids as possible.  You only live once, and they only have one childhood, so I'm trying to make it count.

Anyways, below are the companies I purchased for the month of April:
  • I purchased 10 shares of General Mills (GIS) at $57.75 per share in my taxable brokerage account.  This is a dividend yield of 3.32%, adding $19.20 to my taxable dividend income.
  • I purchased 5 shares of Genuine Parts Company (GPC) at $90 per share in my taxable brokerage account.  This is a dividend yield of 3%, adding $13.50 to my taxable dividend income.
  • I purchased 5 shares of W.W. Grainger (GWW) at $195 per share in my taxable brokerage account.  This is a dividend yield of 2.63%, adding $25.60 to my taxable dividend income.
  • I purchased 5 shares of W.W. Grainger (GWW) at $231 per share in my wife's Roth IRA account.  This is a dividend yield of 2.22%, adding $25.60 to my non-taxable dividend income.
  • I purchased 15 shares of Kellogg (K) at $72 per share in my wife's Roth IRA account.  This is a dividend yield of 2.89%, adding $31.20 to my non-taxable dividend income.
After these purchases, my non-taxable dividend income will increase by $56.80, and my taxable dividend income will increase by $58.30.

What do you think of my April stock purchases?  Do you own any of the same companies?

2 comments:

  1. While I don't hold every name you mentioned I can get behind each of your buys. Those are all some really nice pick ups and I too added to my GWW and GIS not long ago. Have you seen what HRL is up to recently?

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    Replies
    1. Hi Keith,

      I've noticed that HRL has been floating around its 52-week low recently. I think HRL is a good investment and it's a great opportunity to initiate or accumulate shares in that company. However, for me personally, I would rather use my limited capital to average down my cost basis in other dividend stalwart companies that have a higher dividend yield (i.e. GWW).

      Thanks for stopping by and commenting.

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