Tuesday, October 4, 2016

Bought On Loyal3: KO, PEP, TGT, VFC, WMT

After paying off my mortgage, from that point forward, my strategy to attaining financial freedom as quickly as possible is by investing aggressively and consistently in dividend growth stocks, regardless of how the stock market is doing.  There have been studies that show that it is better to put all your capital in the stock market in one lump sum investment rather than spreading it evenly across 12 months.  And since it is impossible to time the market perfectly, that is what I plan on doing - investing as much of my savings as possible into dividend growth stocks.

I made the following stock purchases in my Loyal3 account on 9/26/2016:
  • I purchased 2.3518 shares of The Coca-Cola Company (KO) at $42.52 per share.  This is a dividend yield of 3.29%, adding $3.29 to my taxable dividend income.
  • I purchased 0.1866 shares of Pepsico, Inc. (PEP) at $107.20 per share.  This is a dividend yield of 2.81%, adding $0.56 to my taxable dividend income.
  • I purchased 1.4756 shares of Target Corp. (TGT) at $67.77 per share.  This is a dividend yield of 3.54%, adding $3.54 to my taxable dividend income.
  • I purchased 1.7838 shares of V.F. Corporation (VFC) at $56.06 per share.  This is a dividend yield of 2.64%, adding $2.64 to my taxable dividend income.
  • I purchased 0.2786 shares of Wal-Mart Stores Inc. (WMT) at $71.78 per share.  This is a dividend yield of 2.79%, adding $0.56 to my taxable dividend income.
What do you think of my recent stock purchases?

4 comments:

  1. I have to say I like many of your recent buys and think the VFC pick up is nice too. That stock has dropped like $10 over the last month or so and is trading at much better values and yields. Thanks for sharing.

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    Replies
    1. Hi Keith,

      VFC has certainly dropped significantly over the last month. I'm hoping that if the price continues to stay low, I can average down my cost basis.

      Thanks for stopping by and commenting.

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  2. Replies
    1. Hi Dividendsandhobbies,

      I absolutely agree with you. Even if the capital I invest is little, it all adds up. I'm hoping to steadily invest and build up a nice dividend income stream to live off of some day. I'm just taking it one day at a time, one investment at a time.

      Thanks for stopping by and commenting.

      Delete