WE RECENTLY PURCHASED THE FOLLOWING
Wal-mart Stores, Inc (WMT)
Purchased 9 shares of WMT on 6/15/2015 at $72.00
Total money spent: $648.00
$17.64 added to annual dividends
Wal-mart Stores, Inc (WMT)
Purchased 9 shares of WMT on 6/15/2015 at $72.00
Total money spent: $648.00
$17.64 added to annual dividends
Verizon Communications Inc (VZ)
Purchased 10 shares of VZ on 6/15/2015 at $47.00
Total money spent: $470.00
$22.00 added to annual dividends
Before today, we had 8 limit orders open for various stocks including (JNJ, BAX, OHI, OKS, TIS, HCP, WMT, and VZ). This morning, 2 of the 8 orders were executed since the stock price reached our desired purchase price. The first order was a purchased of WMT at $72.00. The second order was a purchase of VZ at $47.00. We had actually bought shares in both WMT (click link for post) and VZ (click link for post) earlier this year so our purchase today was simply an addition to our current holdings. We now own 17 total shares in WMT and 35 total shares in VZ. Both purchases not only added to our passive income stream, but also allowed us to average down our cost basis on two stocks that we plan to hang onto for the long haul.
Since our purchases of Wal-mart Stores, Inc (WMT) and Verizon Communications Inc (VZ) today were shares in companies that we already owned, our family's Dividend Stocks Portfolio remains the same with a total of 39 different dividend paying stocks/ETFs in the portfolio.
Our estimated forward dividends, however, grew another $39.64, putting our yearly dividends at approximately $2912/year (excluding our Edwards Jones account) and $3,294/year (including our Edward Jones account).
Our family's dividend stocks portfolio may be found
We also maintain an extensive list of stock analysis
We also just started a list of Recent Buys by other bloggers
HERE IS A QUICK FACT SHEET FOR THE STOCK JUST PURCHASED:
Wal-Mart Stores, Inc (WMT)
- P/E: 14.47
- Payout Ratio: 39.7%
- Dividend Yield: 2.71%
- Dividend Growth rate (5yr AVG): 11.14%
- 8 consecutive years of dividend increases
- Last Ex-dividend date: 5/6/2015
- Next Ex-dividend date: approx. 8/6/2015
- Have paid a dividend since: 1975 (40 years)
- Pays a dividend 4 times a year.
- Market Cap: 253 Billion
- 52-week high: $90.97
- 52-week low: $72.61
- Purchased Price: $72.00
Verizon Communications Inc (VZ)
- P/E: 19.74
- Payout Ratio: 57.1%
- Dividend Yield: 4.66%
- Dividend Growth rate (5yr AVG): 2.95%
- 8 consecutive years of dividend increases
- Last dividend Ex date: 4/8/2015
- Next dividend Ex date: 7/8/2015
- Have paid a dividend since: 1984 (31 years)
- Pays a dividend 4 times a year.
- Market Cap: 231.6 Billion
- 52-week high: $53.66
- 52-week low: $45.09
- Purchased Price: $47.00
Hey AFFJ,
ReplyDeleteNice addition to your forward yearly income. Verizon's nice there for the slow growth, high income and WMT for a lower yield but higher growth rate. Both very good investments if I may say so. Good on you! Keep it up.
Best regards
DB
Thanks for stopping by and for the kind words Dividend Beginner. We like both companies, which is evident by the fact that we already own both. And at todays' prices, we simply couldn't pass up an opportunity to a few more shares to our holdings while lowering our cost basis.
DeleteBest wishes on your personal journey! AFFJ
Solid buys. Both are very solid companies and great dividend history.
ReplyDeleteThanks Tawcan. Glad to be adding more shares of great companies that we already own, and at a discount!
DeleteRegards, AFFJ
Congrats AFFJ!
ReplyDeleteReally, each of these buys is a mini celebration as those forward dividend numbers keep climbing!
I like WMT a lot here so close to its 52wk low!
Nice job!
Thanks Adam, I agree. Always nice to build that mountain higher! We like both buys but the WMT buy just a little more. đ
DeleteTo addt'l future dividends! AFFJ
Awesome purchases AFFJ. I like the buys. WMT is solid purchase. Keep up the hustle my friend. Can't go wrong with buying quality time after time. Cheers my friend.
ReplyDeleteThanks DivHustler! Trying to bolster a few of our current holdings any chance we get. Can't go wrong with Billion dollar companies with great history, right!?
DeleteTo more passive income! AFFJ
AFFJ,
ReplyDeleteI own a little bit of Verizon in my Roth IRA. I would really like to join you as a shareholder in Walmart one of these days to.
Very well done!
T
Nice to hear we are fellow shareholders in VZ...the more the merrier I always say! đ
DeleteHopefully you can join us as a shareholder in WMT as well.
Thanks for stopping by and commenting. Best Wishes! AFFJ
Its nice to be able to average down on current holdings -- congrats! I own WMT but not VZ (even though I'm a customer... maybe I should change that!)
ReplyDeleteI agree Ferdi, always great to average down, especially if its a long term holding. Thank you for being a VZ customer. We would welcome you as a shareholder. :)
DeleteRegards,
AFFJ
Thanks for sharing your recent buys with us. I do not own either stock nor plan to for my long term portfolio. Not that these are bad investments, they just don't fit my investment profile for the long term. For now, I have been focused on the REIT sector as better values and yield have been presenting themselves as a result of interest rate hike chatter and rising bond yields. Thanks for sharing. I know these two names are found in many dividend portfolios.
ReplyDeleteDivHut - thanks for stopping by and leaving your feedback. Always good to hear what people have to say. Definitely don't expect everyone to have the same strategy so it's certainly OK to disagree.
DeleteAs for REITs, I agree that they are attractively priced. May add a few more shares in the coming months. ��
Best wishes! AFFJ