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Friday, July 24, 2015

RECENT BUY - (NYSE : UNP)

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

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:
UNION PACIFIC CORP (UNP)
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
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?
at

12 comments:

  1. Div4sonJuly 24, 2015 at 1:09 PM

    Love the buy. Will add more myself if the market stays this way next week.
    D4s

    ReplyDelete
    Replies
    1. A Frugal Family's JourneyJuly 25, 2015 at 6:22 PM

      Thanks D4S...hope Mr. Market provides you with an opportunity to add shares. Thanks for stopping by.

      Best wishes and continued success! AFFJ

      Delete
  2. Roadmap2RetireJuly 24, 2015 at 5:56 PM

    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.

    Congrats on adding this to your portfolio!
    R2R

    ReplyDelete
    Replies
    1. A Frugal Family's JourneyJuly 25, 2015 at 6:24 PM

      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.

      Enjoy the rest of your weekend R2R! AFFJ

      Delete
  3. Dividend DriveJuly 25, 2015 at 2:47 AM

    Interesting buy, AFFJ.

    Over 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!).

    ReplyDelete
    Replies
    1. A Frugal Family's JourneyJuly 25, 2015 at 6:26 PM

      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. ;)

      Thanks for visiting and commenting. AFFJ

      Delete
  4. AnonymousJuly 25, 2015 at 11:43 AM

    Great buy and the timing was right on the dip.

    ReplyDelete
    Replies
    1. A Frugal Family's JourneyJuly 25, 2015 at 6:28 PM

      Thanks Dividend Dreams, we really like UNP here in the low 90s. Definitely feel we bought in at a great price. AFFJ

      Delete
  5. Dividend DiplomatsJuly 26, 2015 at 6:37 AM

    AFFJ,

    Nice 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

    ReplyDelete
    Replies
    1. A Frugal Family's JourneyJuly 26, 2015 at 9:53 PM

      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.

      Thanks for stopping by. Hope you have a fantastic week to come! AFFJ

      Delete
  6. All About InterestJuly 28, 2015 at 5:33 PM

    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.

    Thanks for sharing!

    ReplyDelete
    Replies
    1. A Frugal Family's JourneyJuly 29, 2015 at 9:05 PM

      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.

      Thanks for stopping by and comment. Best wishes! AFFJ

      Delete