Monday, September 15, 2014

Recent Buy - (NYSE: BBL)

 
 WE RECENTLY PURCHASED THE FOLLOWING:
  • BHP Billiton Plc (BBL)
    • Purchased 10 shares of BBL on 9/15/14 at $59.75
    • Total Spent: $597.50
      • $24.20 added to annual dividends

With recent dip to the stock price for BHP Billiton Plc (BBL), we purchased a few shares today for our family's dividend stock portfolio.  Today's purchase of BBL was another new holdings for our family's dividend stocks portfolio. Our family's dividend stocks portfolio now has a total of 27 dividend paying companies that pay us just a little over $2,012/year in dividends. Happy to see that with today's purchase, our family's annual dividends has now reached the $2K milestone. YAY!

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: 


HERE IS A QUICK FACT SHEET FOR THE STOCK I JUST PURCHASED:

BHP Billiton Plc (BBL)
  • P/E: 11.54
  • Payout Ratio: 56%
  • Dividend Yield: 4.04%
  • Dividend Growth rate (5yr AVG): 8.19% 
  • 11 consecutive years of dividend increases
  • Recent dividend Ex date: 9/3/2014
  • Have paid a dividend since: 2002 (12 years)
  • Pays a dividend 2 a year.
  • Market Cap: 126.3 Billion
  • 52-week high: $71.44
  • 52-week low: $56.24
 
If you missed it, I had prepared a stock analysis of BBL back in May of this year where I concluded that I felt the stock was a good value under $60. Well, the stock dipped under $60 today and my feelings haven't changed so took the opportunity to invest in a company I think is a good value at today's prices.  

What are your thoughts about my recent purchase?

What are you buying?
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12 comments:

  1. writing2realitySeptember 16, 2014 at 7:39 AM

    Congratulations on the milestone! I too have been looking at BBL given the recent weakness (sub $60 as well) and will likely look to open a position in the next month or two.

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    Replies
    1. A Frugal Family's JourneySeptember 23, 2014 at 8:51 PM

      Thanks...pretty excited to surpass the $2K milestone. The market seems to be on a slide so hopefully I can take full advantage and make a dent into my next milestone of $3K. :)

      Buy when you are comfortable with the risk/reward ratio...we would welcome you as a fellow BBL shareholder. AFFJ

      Delete
  2. TawcanSeptember 16, 2014 at 9:58 AM

    Congrats on the milestone and purchase!

    ReplyDelete
    Replies
    1. A Frugal Family's JourneySeptember 23, 2014 at 8:53 PM

      Thanks Tawcan...happy to have reached this milestone but know that I still have a long way to go. Hope you follow along our journey...My goal is to be somewhere near $25K by retirement. :) AFFJ

      Delete
  3. My Dividend PipelineSeptember 16, 2014 at 10:56 AM

    Nice buy AFFJ! I was able to pick up some BBL shares today below $60 as well. Keep up the great work and I look forward to you hitting 3K!

    MDP

    ReplyDelete
    Replies
    1. A Frugal Family's JourneySeptember 23, 2014 at 8:56 PM

      MDP - it has gone down further since this purchase so I may buy a few more shares to average down. I have my eye on $56. :)

      Thanks for the continued support. AFFJ

      Delete
  4. DivHutSeptember 17, 2014 at 8:14 PM

    Thanks for sharing your recent buy with us. Breaking the $2k milestone is huge. I hope to get there this month or next. BBL has been making the rounds among a few of the dividend bloggers. It's always interesting to see the ebb and flow of certain stocks over the months. I remember in the spring when all the talk was TGT. Now, not a peep. Look forward to your next update and dividend progress.

    ReplyDelete
    Replies
    1. A Frugal Family's JourneySeptember 23, 2014 at 9:02 PM

      DivHut - BBL has been on my radar since May but the stock spiked before I had a chance to pick up shares. I know there are risks but I think at current prices BBL is attractively valued with upside potential.

      As far TGT, the stock was more attractive under $60, but now that it is at $63, many investors don't seem as interested...myself included. I bought shares in the spring but won't be adding any shares at current prices. :)

      Thanks for stopping by and for your comments. AFFJ

      Delete
  5. DividendDeveloperSeptember 25, 2014 at 6:10 AM

    Ha, I've had my eye on this company for literally YEARS at this point, and came this close to buying it last month! I think you made a solid choice, and that you'll be happy with it for a long time!

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    Replies
    1. A Frugal Family's JourneySeptember 25, 2014 at 6:54 AM

      We haven't watched the stock quite that long but I have noticed it on the Edward Jones buy list for quite some time. I like the stock at the current prices and feel it is a good long term hold for our family's portfolio. :)

      Thanks for stopping by and for your comment. Best Wishes! AFFJ

      Delete
  6. Happy Healthy and Wealthy GirlSeptember 28, 2014 at 7:40 PM

    congrats on 2k in dividends! I like BBL, it's on my watch list. I might purchase it too! Thanks for sharing and good luck on your journey!

    ReplyDelete
    Replies
    1. A Frugal Family's JourneyOctober 4, 2014 at 3:13 PM

      Thanks HHWG. As you've probably already seen by now, its gone down further since our purchase. We like the long term prospects of BBL. Since we plan to hold BBL for the long haul, we actually decided to buy addt'l shares since this purchased to average down our cost basis.

      Thanks for your comment. Best Wishes! AFFJ

      Delete

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