Wednesday, July 26, 2017

Bought: GWW, SYY, T

Wow time flies... I can't believe it is already the end of July.  Before we know it, the summer will be over.  I have been loving the summer so far; beautiful weather to be outside and enjoy the sun.  I'm hoping to continue to create wonderful memories with my kids along the way while working hard to position myself financially for the future so I can be financially independent as quickly as possible and hopefully retire earlier than expected.  I've been continuing to find the balance between being as frugal as possible and also spending some money to create new experiences and memories for my kids.  I would like to believe that I've been finding the right balance.  Extreme frugality and letting life pass you by is something that sounds quite depressing and will possibly be a huge regret when looking back in old age.  I hope that doesn't happen to me.  I try to live my life with as little regrets as possible.

Anyways... time to post my purchases for the month of June:
  • I purchased 5 shares of W.W. Grainger (GWW) at $170 per share in my taxable brokerage account.  This is a dividend yield of 3.01%, adding $25.60 to my taxable dividend income.
  • I purchased 5 shares of Sysco Corporation (SYY) at $50 per share in my taxable brokerage account.  This is a dividend yield of 2.64%, adding $6.60 to my taxable dividend income.
  • I purchased 10 shares of AT&T Inc. (T) at $37.9499 per share in my taxable brokerage account.  This is a dividend yield of 5.16%, adding $19.60 to my taxable dividend income.
After these purchases, my taxable dividend income will increase by $51.80.

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

4 comments:

  1. ACI -

    Wish we could have gotten AT&T at a lower price point i.e. when they were just in the upper $35's, dang it! Congrats on the purchase and glad to see you pick up shares of a few aristocrats here.

    -Lanny

    ReplyDelete
    Replies
    1. Hi Lanny,

      I was contemplating whether to initiate a position in the telecommunications sector, but I decided to pull the trigger with a small capital investment since it's a dividend aristocrat, it's got a nice yield, and it's a good defensive play.

      Thanks for stopping by and commenting.

      Delete
  2. I like the GWW pick up. It's still trading at very attractive prices even after their bounce from the daily low they set a few days ago. Nice to see the buying continue. I'm impressed to see you and many other fellow bloggers continuing to invest at a time when many are calling market tops or waiting for a correction.

    ReplyDelete
    Replies
    1. Hi Keith,

      I wish I had the capital to buy more shares of GWW when it was trading in the mid-$160s range, but I'm glad I was still able to average down when I could. I wouldn't mind a market correction if there is going to be one, but who knows how long that will be... haha. I'm just going to continue chipping away little by little in the meantime.

      Thanks for stopping by and commenting.

      Delete