WE RECENTLY PURCHASED THE FOLLOWING
Union Pacific Corp (UNP)
Purchased 6 shares of UNP on 7/23/2015 at $93.33
Total Spent: $559.98
$13.20 added to annual dividends
Union Pacific Corp (UNP)
Purchased 6 shares of UNP on 7/23/2015 at $93.33
Total Spent: $559.98
$13.20 added to annual dividends
We have been watching Union Pacific Corporation (UNP) for while now and our interested only grew even more recently after seeing several bloggers post their Recent Buy of UNP. Since we are trying to build and keep a portfolio of stocks for years to come, it makes sense to grab a few shares in the largest US railroad, right?
Union Pacific, founded in 1862, operates 32,000 miles of track that spans across 23 states. Plus, UNP connects with Canada's rail system. And they are also the only railroad that serves all six major Mexico gateways. In fact, the 2014 carload composition was 61% domestic and 39% international. UNP, therefore, clearly has some international exposure, which is one of the criteria we like to see from our stocks.
With our recent purchase of UNP, we added $13.20 in forward dividends to our family's dividend stocks portfolio. This now puts our yearly dividends at approximately $2,663/year (excluding our Edwards Jones account) and $3,021/year (including our Edward Jones account).
Our recent purchase of UNP also added a new holding to our family's dividend stocks portfolio. We now have a total of 43 different dividend paying stocks/ETFs in our family's dividend stocks portfolios (WF and EJ Accounts). We also own stocks in 4 companies that either don't pay a dividend our has currently suspended their 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:
P/E: 15.9
Payout Ratio: 34.18%
Dividend Yield: 2.37%
8 consecutive years of dividend increases
Last Ex-dividend date: 5/27/2015
Payout Ratio: 34.18%
Dividend Yield: 2.37%
8 consecutive years of dividend increases
Last Ex-dividend date: 5/27/2015
Next Ex-dividend date: approx. - 8/27/2015
Have paid a dividend since: 1900 (115 years)
Pays a dividend 4 times a year.
Market Cap: 80.6 Billion
52-week high: $124.52
52-week low: $91.23
Purchased Price: $93.33
What are your thoughts about my recent purchase?
What are you buying?
Have paid a dividend since: 1900 (115 years)
Pays a dividend 4 times a year.
Market Cap: 80.6 Billion
52-week high: $124.52
52-week low: $91.23
Purchased Price: $93.33
What are your thoughts about my recent purchase?
What are you buying?
Love the buy. Will add more myself if the market stays this way next week.
ReplyDeleteD4s
Thanks D4S...hope Mr. Market provides you with an opportunity to add shares. Thanks for stopping by.
DeleteBest wishes and continued success! AFFJ
Excellent purchase, AFFJ. Cant go wrong investing in UNP - and its finally in its fair value range now that its in low-90s. And its hardly available at such good valuation.
ReplyDeleteCongrats on adding this to your portfolio!
R2R
Yes, It is a great stock under $100, so I am thrilled to be buying in in the low 90s! Great company and we plan to buy and hold this one for years to come.
DeleteEnjoy the rest of your weekend R2R! AFFJ
Interesting buy, AFFJ.
ReplyDeleteOver here in the UK there is not really an equivalent sector. Certainly none of the super-sized rail freight companies like you have in the US (or, at least, I don't know about them!).
Well, definitely stick with what you are familiar with Dividend Drive. Not discouraging you from getting international exposure and especially US market since it has been doing so well in the recent years. Just make sure you do you homework. ;)
DeleteThanks for visiting and commenting. AFFJ
Great buy and the timing was right on the dip.
ReplyDeleteThanks Dividend Dreams, we really like UNP here in the low 90s. Definitely feel we bought in at a great price. AFFJ
DeleteAFFJ,
ReplyDeleteNice purchase - I know I've bought NSC and looking to scoop up more. Looks like you got a great price and can hopefully average down if there's another decline! Congrats.
-Lanny
Thanks Lanny. We were happy with our purchase and felt we got a nice value at our entry price. Nevertheless, should UNP continue to decline, we wouldn't have any problems averaging down.
DeleteThanks for stopping by. Hope you have a fantastic week to come! AFFJ
Solid buy. They are high on my list for a new purchase to compliment NSC and CSX. This seems like a good opportunity to start slowly dollar-cost-averaging into shares since energy transports could be depressed for a while.
ReplyDeleteThanks for sharing!
Thanks AAI. I completely understand the allure behind UNP with its long dividend history and impressive growth rate. With a reasonable yield and low payout ratio, UNP appears destined to continue its positivity ways for years to come.
DeleteThanks for stopping by and comment. Best wishes! AFFJ