WE RECENTLY PURCHASED THE FOLLOWING
EXXON MOBIL CORP (XOM)
Purchased 5 shares of XOM on 6/26/2015 at $83.50
Total Spent: $417.50
$14.60 added to annual dividends
EXXON MOBIL CORP (XOM)
Purchased 5 shares of XOM on 6/26/2015 at $83.50
Total Spent: $417.50
$14.60 added to annual dividends
On Thursday, we purchased Omega Healthcare REIT Investors, Inc (OHI) based on the results from our recent ASK THE READERS post. With some extra funds laying around, we decided to also pick up share in Exxon Mobil Corp (XOM) which appeared to be our readers second pick. Since we already own shares of XOM, and the current price did allow us to average down our cost basis a bit, we decided to buy 5 shares of XOM on Friday, 6/26/15 at $83.50.
With this purchase, we now own 11 total shares of XOM in our family's dividend stocks portfolio. The purchase, however, did not add a new holding to our family's dividend stocks portfolio, which remains at a total of 40 different dividend paying stocks/ETFs in the portfolio. Our estimated forward dividends grew another $14.60, putting our yearly dividends at approximately $2,907/year (excluding our Edwards Jones account) and $3,289/year (including our Edward Jones account).
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:
EXXON MOBIL CORP (XOM)
P/E: 12.57
Payout Ratio: 41.39%
Dividend Yield: 3.48%
32 consecutive years of dividend increases
Last Ex-dividend date: 5/11/2015
Payout Ratio: 41.39%
Dividend Yield: 3.48%
32 consecutive years of dividend increases
Last Ex-dividend date: 5/11/2015
Next Ex-dividend date: approx. - 8/11/2015
Have paid a dividend since: 1882 (133 years!)
Pays a dividend 4 times a year.
Market Cap: 350.6 Billion
52-week high: $104.76
52-week low: $82.68
Purchased Price: $83.50
What are your thoughts about my recent purchase?
What are you buying?
Have paid a dividend since: 1882 (133 years!)
Pays a dividend 4 times a year.
Market Cap: 350.6 Billion
52-week high: $104.76
52-week low: $82.68
Purchased Price: $83.50
What are your thoughts about my recent purchase?
What are you buying?
The market is providing more opportunities to average down. Well done on your purchase on xom. I plan to average down on some of my companies this week.
ReplyDeleteD4s
Thanks Div Son. I thought June might end as one of the best buying months but with Greece on shaky grounds, July might provide even more opportunities. Hope you find the opportunities you are looking for. I know we will be keep our eye wide open in the coming weeks to month. AFFJ
DeleteAFFJ,
ReplyDeleteGreat buy! I almost picked up some today as well. I went with UNP instead and have a CVX buy order going through tomorrow. There's nothing wrong with picking up a timeless company with a 3.5% yield.
MDP
Thanks MDP, can't agree with your more. I must add that it sure seems that Mr. Market is providing some nice opportunities for investors to own these timeless companies at some attractive prices at the moment.
DeleteWe own CVX, but not UNP, both great companies and very popular among DGI investors. Would love to own UNP if the opportunity presents itself though.
Thanks for stopping by and commenting. AFFJ
Looks like we'll be getting some better buying ops all around with Greece in the news. Nice solid pick up with XOM. No doubt that yield and valuation is getting really attractive again. Nice OHI buy too as the REITs are still pretty much hammered this year. I might be looking to add to my VTR, HCP and HCN in July.
ReplyDeleteI hope your right, would love to continue building the family's dividend stock portfolio at discount prices. Glad to hear you like the XOM and OHI buys. We are hoping to continue the buying spree if Mr. Market continues to cooperate. :)
DeleteHope your Health Care REITs provide you with opportunities to add shares. We may continue to add to our Health Care REIT holdings as well but might wait a little longer to see what kind of impact the rate hikes here in US have as we sense they may fall a bit further with the inevitable increases.
Best wishes, AFFJ
Great buy, I think XOM is a solid pick up for long term investor like you and me.
ReplyDeleteThanks Tawcan. We already owned a few shares but definitely glad to be adding to our current holding at current price and yield.
DeleteCheers to future growth. AFFJ
Great purchase, AFFJ. A great company to own for the long term
ReplyDeletecheers
R2R
Thanks R2R. XOM is definitely a company we plan to keep in our portfolio for years to come. After all, XOM is a proven $350B company with over 100 years of dividend payouts. Certainly glad to be adding shares at current price and valuation. AFFJ
DeleteNice buy AFFJ. While I expect oil prices to decline in dollar terms, which will likely put some pressure on oil stocks.....this is a best of breed to own for the long haul. I will be looking to add to our holdings of oil supermajors in the near term.
ReplyDelete-Bryan
Thanks Bryan. We own other oil stocks as we have been buying them for most of the year, however, XOM is definitely the more stable of our current oil company holdings. We are always happy to be adding shares large $350B company like XOM.
DeleteCheers. AFFJ
Awesome buy AFFJ. This is my favorite oil company. I've love to add more here but so many companies I would love to add too... Dang... keep hustling it up bud. Thank you for sharing us is. Take care.
ReplyDeleteThanks Hustler. Just trying to "feed the beast" as they say. I agree there are many other companies that look pretty attractive at the moment. We will definitely continue our buying spree unto the next month should Mr. Market keep providing us with great opportunities!
DeleteCheers to growing that passive income stream. AFFJ
Great company. Awesome job of purchasing this forever stock!
ReplyDeleteThanks Be Smart Rich. Definitely a forever stock in our family's dividend stocks portfolio.
DeleteThanks for commenting. Best wishes! AFFJ