Wednesday, March 11, 2015

RECENT BUYS (NYSE: JNJ and XOM)

WE RECENTLY PURCHASED THE FOLLOWING

 




Johnson & Johnson (JNJ)
Purchased 8 shares of JNJ on 3/11/2015 at $99.00
Total Spent: $792.00
$22.40 added to annual dividends









Exxon Mobil Corp (XOM)
Purchased 6 shares of XOM on 3/10/2015 at $84.31
Total Spent: $505.86
$16.56 added to annual dividends

Our Johnson & Johnson (JNJ) purchase was based on the results from our recent ASK THE READERS post.  It took several weeks before we made our purchase because JNJ saw a brief spike right after we had posted our poll results.  In fact, JNJ was above $103 just a week ago. With that said, we were glad that we had an opportunity to buy JNJ at $99.00.  It is definitely a stock we plan to keep in our portfolio for the long haul.

As for our Exxon Mobil Corp (XOM) purchase, we just couldn't resist buying into the stock after we saw it reach the 52-week low.  After all, it's a company that has paid a dividend for over 130 years with 32 consecutive years of dividend increases and at a yield above 3%!  We realize that there is still a rocky road ahead for energy and oil stocks but as with JNJ, we plan to keep XOM for the long haul and have no doubt that oil and gas prices will eventually recover.  

With the recent purchases, we added 2 NEW stocks to our family's dividend stocks portfolio. So with our recent purchases, we now hold a total of 36 stock/ETF in our family's dividend stocks portfolio.

With the purchases mentioned above, our estimated forward dividends grew another $38.96 and now stands at approximately $3,133/year in 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:

We also just started a list of Recent Buys by other bloggers
that can be access through the link below:



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






Johnson & Johnson (JNJ)
P/E: 17.25
Payout Ratio: 49%
Dividend Yield: 2.8%
Dividend Growth rate (5yr AVG): 7.41%
52 consecutive years of dividend increases
Last Ex-dividend date: 2/20/2015
Next Ex-dividend date: approx. 5/20/2015
Have paid a dividend since: 1944 (71 years)
Pays a dividend 4 times a year.
Market Cap: 273.3 Billion
52-week high: $109.49
52-week low: $92.46

Purchased Price: $99.00









Exxon Mobil Corp (XOM)
P/E: 11.06
Payout Ratio: 36%
Dividend Yield: 3.5%
Dividend Growth rate (5yr AVG): 10.58%
32 consecutive years of dividend increases
Last Ex-dividend date: 2/6/2015
Next Ex-dividend date: approx. 5/6/2015
Have paid a dividend since: 1882 (133 years)
Pays a dividend 4 times a year.
Market Cap: 352.4 Billion
52-week high: $104.76
52-week low: $84.24

Purchased Price: $84.31

What are your thoughts about my recent purchase?

What are you buying?

10 comments:

  1. Nice buys, FFJ! The past two days have been fun for dividend growth investors as many stocks are reaching levels they haven't seen since last year.

    Can't go wrong with XOM or JNJ. I actually FRIPed a couple shares of XOM today in my dividend stock portfolio and will start scrounging pennies if either of these two dividend paying stalwarts go any lower.

    Best,
    DWC

    ReplyDelete
    Replies
    1. Thanks DWC. I agree, as long term investors, we all love these short term corrections. Several stocks are trading at or below there 52-week highs. We made a few more buys today that we will be posting later today. :) AFFJ

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  2. Nice buys, AFFJ. Cant go wrong with either of those comapnies....congrats on adding more dividend income to your stream!

    R2R

    ReplyDelete
    Replies
    1. Thanks R2R. Two companies with a long history of not only paying dividends but consecutive increases as well. We feel both are great long term plays at current prices.

      Thanks for stopping by and for leaving your feedback. AFFJ

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  3. Very solid buys. XOM is looking very attractive nowadays.

    ReplyDelete
    Replies
    1. Thanks Tawcan. XOM, as well as a few other slid even further today. We'll continue to monitor the stock and have no problem adding more down the road if it continues to fall further.

      Thanks for your comments. AFFJ

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  4. Two excellent companies. I'd love to add more to both but capital is light nowadays. I really like XOM here at a 3.25% yield. That should be a great starting point for the shares.

    ReplyDelete
    Replies
    1. Many great reasons to own XOM these days and yield is certainly one of them. :) Hope your cashflow improves soon so you can take advantage of some of the deals out there. :) AFFJ

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  5. Excellent companies. I don't see any problems of owning them at anytime of the year if for a long term.

    BeSmartRich

    ReplyDelete
    Replies
    1. Thanks BSR...long term is the game plan. Both companies certainly have a great history to back them up. The best part of investing long term is that you ignore some of the short term setbacks. I know gas prices have been low but in time they will recover and so will the stock prices of energy and oil stocks. :) AFFJ

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