Friday, August 22, 2014

Recent Buys - (NYSE: ESV & RIG)


  • Ensco Plc (ESV)
    • Purchased 5 shares of ESV on 8/6/14 at $49.00
    • Purchased 5 shares of ESV on 8/18/14 at $48.75
      • $30.00 added to annual dividends

  • Transocean Ltd (RIG)
    • Purchased 10 shares of RIG on 8/5/14 at $38.30
    • Purchased 5 shares of RIG on 8/22/14 at $38.00
      • $45.00 added to annual dividends
ESV was a company I had already owned. I originally purchased 10 shares of ESV in May of this year. The recent purchases brought my total shares in ESV to 20 shares (or $60.00 in annual dividends total).
My recent purchases in RIG were new holdings for our family's dividend stocks portfolio. Glad to have had the opportunity to grab some shares in this company while the valuation appears to be attractive.  As mentioned above, the recent purchases in ESV have added $45.00 to our family's annual dividends.

Our family's dividend stocks portfolio may be found by
clicking on the link below: 

We also maintain an extensive list of stock analysis
that can be access through the link below: 


Ensco Plc (ESV)
  • P/E: N/A
  • Payout Ratio: 46%
  • Dividend Yield: 5.90
  • Dividend Growth rate (3yr AVG): 27.13% 
  • consecutive years of dividend increases
  • Next dividend Ex date: 9/4/2014

  • Transocean Ltd (RIG)
    • P/E: 8
    • Payout Ratio: 52%
    • Dividend Yield: 6.80%
    • Dividend Growth rate (3yr AVG): 93.73%
    • consecutive years of dividend increases
    • Next dividend Ex date: 8/20/2014

    What are your thoughts about my recent purchases?
    What are you buying?


    1. All high yielding, good choise..

      1. Thanks Tom - we think there are some nice value plays with high yielding dividends in the energy sector right now. AFFJ

    2. Nice buys, with very nice yields. I'd add more ESV but it's already a large weight in portfolio. I still may add if the price goes much lower. A 6% yield is hard to pass up.

      1. AAI - Glad we are common shareholders in ESV. You're right though, it is hard to pass up a yield at 6%, especially when the stock price is attractive as well. Cheers! AFFJ

    3. Great job pickup ESV under $50. That means over 6% on the yield. That is sweet!

      1. MDP - agreed, I have no problems adding to this holding at these prices and yields. But energy sector in general is offering some great values and yields these days. AFFJ

    4. I haven't been keeping up with my reading so maybe you've answered this in the past but...if you are trying to build a "dividend portfolio" (and I know that means different things to different people) why not go for a bit more consistency in terms of increasing (or stable) dividend? The dividend champions or even challengers - I know your portfolio has some of that)

      1. Evan - You are correct in that we are trying to build a dividend portfolio and hope to one day rely on the dividends in our portfolio to cover approx. 25% of our expenses in retirement. However, since we find ourselves at least 10 years away from our goal of retirement, our current plan is to not only view the dividends but to also factor in stock value and growth potential. It is still our ultimate goal to one day exclusively hold dividend champions and challengers, but for now, we don't mind being a little more active with our trading so as long as our portfolio value continues to grow and our dividends are stable or growing. For the record, I probably wouldn't take this approach if we were not getting 100 free trades a year through our broker.

        Thanks for stopping by and for your comments. Best Wishes. AFFJ

    5. AFFJ,

      Tough to pass up those yields! :)

      I hope they pay you and your family rising dividends for many, many years.

      Best wishes!

      1. Thanks Jason. The dividends are attractive and the stock price appears undervalued. I hope to received stable dividends from both companies while I wait for the stock price to rebound. I don't see myself owning these two companies in retirement though.

        Thanks for stopping by and for your comments. AFFJ