WE RECENTLY PURCHASED THE FOLLOWING
- BHP Billiton Plc (BBL)
- Purchased 10 shares of BBL on 11/20/14 at $51.00
- Total Spent: $510.00
- $24.20 added to annual dividends
With everyone's help from our recent post ASK THE READERS - Should I buy BBL, UL, XOM, or BNS?, it was clear (based on the voting results) that many of you felt that BBL offered the best value out of the four stocks we had contemplated on buying. As of this post, the currently tally was: BBL-7; UL-2 , XOM- 2,BNS-1. In addition to the voting results, the stock also hit it's 52-week low yesterday. Although we did not catch the stock at the bottom, we were still happy to have picked up some more shares of BHP Billiton Plc (BBL) for what we felt was a nice buy.
If you follow us, you may recall that we last picked up shares of BHP Billiton Plc (BBL) at $59.75. Today's purchase represents a roughly 15% discount from our buy just two months ago on September 15th. Definitely glad to have found the opportunity to average down our cost.
Our family's dividend stocks portfolio currently has a total of 31 dividend paying companies that pay us just a little over $2,705/year in dividends.
Our family's dividend stocks portfolio may be found by
clicking on the link below:
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: 10.04
- Payout Ratio: 56%
- Dividend Yield: 4.80%
- Dividend Growth rate (5yr AVG): 8.19%
- 11 consecutive years of dividend increases
- Recent dividend Ex date: 9/3/2014
- Next dividend Ex date: approx. 3/5/2015
- Have paid a dividend since: 2002 (12 years)
- Pays a dividend 2 times a year.
- Market Cap: 138.7 Billion
- 52-week high: $71.44
- 52-week low: $49.49
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 has continued to dip and is now near $50 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?
Fantastic buy, as I initiated a small position yesterday at what I considered great value. I was happy to buy into this company for the price, especially with the all time high market. It's up today so very glad I bought yesterday!!
ReplyDeleteI agree Special Agent Dividend...now with the market back at its all time high, value plays are a bit harder to find than they were a month ago. Glad to hear you also had the opportunity to pick up some shares. AFFJ
DeleteI really like the buy here. If i wasnt so heavy on energy already id be tempted to buy too. The stock has been near this price in the past and always recovered nicely.
ReplyDeleteThanks Captain...We definitely believe that the stock will eventually recover...BBL is a long term play for us and thus we don't mind sitting around collecting the almost 5% dividends while we wait for the stock price to recover. :) AFFJ
DeleteI think you will not have to look further to this position. Let it grow!
ReplyDeleteThanks Trader - We plan to keep BBL in our portfolio for years to come. Cheers to growth! AFFJ
DeleteAFFJ,
ReplyDeleteAnd it is BBL for the win! Great pick. I saw it drop into the $49.50 range yesterday and I was so close to buying some more shares. Great job as always!
MDP
Thanks MDP, I saw it below $50 as well...although we didn't get it under $50, I think we still added some shares at a great value. Thanks for stopping by. Best Wishes! AFFJ
DeleteAFFJ,
ReplyDeleteNice buy. I added to my position on Thursday as well after that drop. Couldn't pass it up.
I think you guys made a great decision. Should be an excellent long-term holding.
Best regards.
Thanks Jason...nice to hear we are in good company. Hope to hang onto BBL for the long haul. Cheers to future growth! AFFJ
DeleteGreat buy, lots people are buying BBL lately. :)
ReplyDeleteThanks Tawcan...BBL was the clear winner in our Ask the Readers so that had made our decision to buy an easy one. But yes, it has received a lot of attention throughout the DGI community lately.
DeleteThanks for stopping by. AFFJ
Nice buy, this have been on my watch list but I have not initiated anything yet. I'm hoping it will stay low until beginning of next year so I can add new capital. Hope to see more of your portfolio.
ReplyDeleteThanks...Hope the market grants your wish so as long as the stock doesn't remain depressed too long. :) AFFJ
DeleteDang, you got it a lot cheaper than me. I bought it at 52. XD
ReplyDeleteBDI - you still got in at a decent price. And remember, this was an addition to my current holding. I actually bought in September for almost $60! AFFJ
Delete