RECENT BUY: T Rowe Price Group, Inc. (NYSE: TROW)

We Recently Purchased The Following:

T Rowe Price Group, Inc (TROW)

Purchased 8 shares of TROW on 10/27/2016 at $63.38
Total Spent: $507.00; added $17.28 in forward dividends.

T Rowe Price Group, Inc (TROW) is an American publicly owned investment firm, headquartered in Baltimore, Maryland. It was founded in 1937 by Thomas Rowe Price, Jr. TROW is a dividend champion, which has raised its dividends for 29 years in a row. Over the last decade, TROW has delivered annualized total return of 12% plus to its shareholders.

 

Aside from the reasons above, here are a few reasons why we personally bought T Rowe Price Group, Inc. stock: 1) TROW was trading at a 19.7% discount from its 52-week high of $79.00; 2) Nice yield above 3% at 3.375%; 3) TROW is a fairly large company with a market cap at 15.9 Billion.

 

Company Description

From Google Finance:

“T. Rowe Price Group, Inc. is a financial services holding company. The Company provides global investment management services to individual and institutional investors in the sponsored T. Rowe Price mutual funds distributed in the United States and other investment portfolios. It operates through investment advisory business segment. Its assets under management are accumulated from a client base across over four primary distribution channels, including third-party financial intermediaries that distribute its managed investment portfolios in the United States and other countries; individual the United States investors on a direct basis; the United States defined contribution retirement plans, and institutional investors across the globe. It manages assets, including the United States and international stock, blended asset, bond and money market mutual funds, and other investment portfolios. The Company offers advisory services, distribution management and administrative services.”
 

With our recent purchase of T Rowe Price Group, Inc (TROW), the estimated forward dividends for our family's dividend stocks portfolio grew another $17.28, putting our yearly dividends at approximately $3,342/year (excluding our Edwards Jones account) and $3,727/year (including our Edward Jones account).  

We did not previously own T Rowe Price Group, Inc., therefore, the recent buy of TROW added yet another dividend paying company to our family's dividend stocks portfolios (WF and EJ Accounts). The total stocks held in our family's dividend stock portfolio is now 58 different dividend paying stocks/ETFs and also 5 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:

DIVIDEND STOCKS PORTFOLIO

We also maintain an extensive list of stock analysis

that can be access through the link below:

COLLECTION OF STOCK ANALYSES

We also just started a list of Recent Buys by other bloggers

that can be access through the link below:

COLLECTION OF RECENT BUYS

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

T.Rowe Price Group, Inc (TROW)

P/E: 15.42

Payout Ratio: 46%
Dividend Yield: 3.38%
29 consecutive years of dividend increases
Last Ex-dividend date: 9/13/2016

Next Ex-dividend date: approx. 12/13/2016
Have paid a dividend since: 1986 (30 years)
Pays a dividend 4 times a year
Market Cap: 15.9 Billion
52-week high: $79.00
52-week low: $63.14
Purchased Price: $63.38

What are your thoughts on of recent purchase?

What are you buying?

Mortgage Balance (UPDATE) - OCT 2016

If you have viewed our family's Net Worth Page, you probably already know that it does not include the equity in our home.  Although, we do realize that it is technically part of our overall net worth, we decided that since our home equity is not an asset that we can count on for income (unless we sell and buy something cheaper) we would exclude it from our net worth calculation.

For the purpose of this blog, we are more interested in documenting our loan balance rather than our home equity.  With that said, we will use the current Zillow value as our estimated home value and use it to figure out the percentage we owe on our home. For those interested, we will include the amount of our home equity, but know that we are less concerned with the equity since we have no plans to cash out or otherwise sell our home. Our main goal is to pay off our home on or before my retirement date. 

HOME VALUE:

According to Zillow, our home is currently worth: $835,714 (up $13,222 in the last 30-days).  Since our post in JUNE, we have seen our home value grow a total of $41,064 (from $794,650 back in June). I think it is safe to say that real estate in Orange County, CA has officially recovered. :)

It's fun to calculate and certainly makes you feel a little bit more wealthy but, if you follow us, the reality is that whether our home prices rise or fall, it really doesn't mean much to our family as we have no intentions to sell or otherwise move.  We are very lucky to be able to say that we love were we are and couldn't see ourselves living and/or raising our family any other place. :)

Mortgage Balance (As of September 1st):
$296,825 (down $1,884 from our post last month)

Percentage Owed:
35.5% (down 0.7% from our post last month)

Home Equity:
$538,889 (up $13,321 from our post last month)
   

Mortgage Background:
For those that have not read the Preface on our home equity, we currently hold a 15-year fixed rate mortgage at the incredibly low rate of 2.875%.  My goal is to retire within 10 years and 8 months (128 months) so we are setting out to pay off our mortgage on or before my retirement date. Right now we are a few months behind the target retirement date. Currently, we have approximately 11  years and 6 months (138 months) left on our mortgage.  Nevertheless, I would like to have it paid off in another 10 years (or less). If we accomplish that, I plan to use the last few years to aggressively build our passive income to help supplement our retirement and defer tapping into the 457K as long as we can so it can continue to grow. 

Right now we are not putting any extra money towards the principal given our low 2.875% interest rate. We feel that we could make our money grow faster by investing it and while keeping the money more liquid. At a certain point, maybe in 6-9 years, we may consider using money from our investment accounts to wipe out the remaining mortgage balance.  Until then, we will continue to grow that money outside, rather than have it locked into our home.

  

Click on the link below to view our mortgage balance history:

Mortgage Balance History

Stocks Added to Collection of Stock Analyses (2nd Update) - October 2016

For those who are not yet familiar with our extensive collection of individual dividend stocks. The entire collection is currently comprised of 1,265 stock analyses (and still growing). The collection essentially provides links to various stock analyses that we found throughout the dividend blog community since 2013. Last year we added a total of 445 stock analyses to the collection. If you would like to view archives from previous years, please follow the respective links provided at the end of this post. 

2016
We started the year providing weekly updates to our Collection of Stock Analyses. Although we started out strong, we eventually realized that we simply did not have enough time to keep up with the weekly updates. We still plan to continue growing our Collection of Stock Analyses but unfortunately can no longer commit to a weekly update. To date, our 2016 Collection is now comprised of 316 stock analyses.
     

October 2016 (2nd Update):

Below is a list of newly added stocks analyses that were recently added to our 2016 Collection of Stock Analyses:

1. Abott Laboratories (ABT)
• by The Compound Investor
2. AT&T Inc (T)
• by Sure Dividend
3. Brunswick Corporation (ABT)
• by The Dividend Manager
4. Colgate-Palmolive Co (CL)
• by Dividends Growth Stocks
5. Consolidated Edison (ED)
• by Sure Dividend
6. CVS Health Corp (CVS)
• by Passive Income Pursuit
7. HCP Inc (HCP)
• by Sure Dividend
8. Kansas City Southern (KSU)
• by Roadmap 2 Retire
9. Kellogg Co (K)
• by Dividends Growth Stocks
10. Nike Inc (NKE)
• by The Compound Investor
11. Procter & Gamble Co (PG)
• by The Compound Investor
12. Sensient Technologies Corporation (SXT)
• by The Dividend Manager
13. V.F. Corporation (VFC)
• by Dividend Kid
14. Walmart Store, Inc (WMT)
• by Dividends Growth Stocks 
15. Williams-Sonoma (WSM)
• by Dividend Value Builder

Links provided directly in this post!

Please feel free to leave me a message if you prepared a stock analysis that I did not include in my post.  I would be more than happy to add your stock analysis to both this post and our collection of stock analyses.  Please make sure to confirm that it is a dividend paying stock and that it is a individual stock analysis.

  

My goal is to make this collection become the centralized source where one begins their research on a particular dividend stock company or at the very least, a source to confirm if a company stock is worth buying. Whether your a beginner or a veteran, I want this list to become an invaluable reference tool for you all. Best part, unlike other subscription based sites, I plan to keep this completely free for everyone to enjoy and benefit from.

Feel free to share with all of your friends and family! 

Click on Link Below

2016 - Collection of Stock Analyses

(Archived 2015, 2014, 2013)

Also don't forget to check out our:

Collection of Recent Buys

RECENT BUY : Nokia Corporation (NYSE: NOK)

We Recently Purchased The Following:

Nokia Corporation (NOK)

Purchased 75 shares of NOK on 10/13/2016 at $4.88
Total Spent: $366.00; added $21.75 in forward dividends.

Nokia Corporation is one of the world’s largest providers of the networking equipment and technology that makes wireless communication possible. With a market cap of $31.0 billion and annual revenue of $19.75 billion, Nokia is one of the world’s 300 largest companies.

Here are a few reasons why we personally bought Nokia Corporation stock: 1) NOK was trading at a 36% discount from its 52-week high of $7.63; 2) Nice yield above 5% at 5.85%; 3) NOK is a fairly large company with a market cap at 31.0 Billion.

Although  there are those who remain skeptical if the long-term synergies and cost savings associated with the Alcatel-Lucent ADR (ALU) merger will ever materialize for Nokia Corporation, we believe that with the recent reorganization, Nokia's revenue strength and their evolving product development, they should be able to maintain and quite possibly increase the dividend in the coming years.

Company Description

From Google Finance:

“Nokia Corporation is a global provider of network infrastructure and related services, with a focus on mobile broadband, as well as advanced technology development and licensing. The Company's businesses include Nokia Networks and Nokia Technologies. The Company's segments include Mobile Broadband, Global Services, Nokia Networks Other and Nokia Technologies. Mobile Broadband provides mobile operators with network solutions for mobile voice and data services through its Radio and Core business lines. Global Services provides mobile operators with services to create and maintain networks. Nokia Networks Other includes net sales and related cost of sales and operating expenses of non-core businesses. Nokia Technologies focuses on technology development and licensing. The Radio business consists of second generation (2G) to fifth generation (5G) technology generations. The Core business has a mobile switching portfolio, as well as voice and packet core solutions.”

With our recent purchase of Nokia Corporation (NOK), the estimated forward dividends for our family's dividend stocks portfolio grew another $21.75, putting our yearly dividends at approximately $3,325/year (excluding our Edwards Jones account) and $3,710/year (including our Edward Jones account).  

Since did not previously own Nokia Corporation, the recent buy of NOK added yet another dividend paying company to our family's dividend stocks portfolios (WF and EJ Accounts). The total stocks held in our family's dividend stock portfolio is now 57 different dividend paying stocks/ETFs and also 5 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:

DIVIDEND STOCKS PORTFOLIO

We also maintain an extensive list of stock analysis

that can be access through the link below:

COLLECTION OF STOCK ANALYSES

We also just started a list of Recent Buys by other bloggers

that can be access through the link below:

COLLECTION OF RECENT BUYS

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

Nokia Corporation (NOK)

P/E: N/A

Payout Ratio: 250%
Dividend Yield: 5.85%
0 consecutive years of dividend increases
Last Ex-dividend date: 6/16/2016

Next Ex-dividend date: approx. 6/16/2017
Have paid a dividend since: 1993 (23 years)
Pays a dividend 1-2 times a year
Market Cap: 31.0 Billion
52-week high: $7.63
52-week low: $4.88
Purchased Price: $4.88

What are your thoughts on of recent purchase?

What are you buying?

RECENT BUY : Wells Fargo & Company (NYSE: WFC)

We Recently Purchased The Following:

Wells Fargo & Company (WFC)

Purchased 10 shares of WFC on 10/3/2016 at $43.88
Total Spent: $438.80; added $15.20 in forward dividends.

Our recent purchase of Wells Fargo & Company (WFC) is just the 4th stock purchase made in our family's dividend stocks portfolio since February. We also bought Apple Inc (AAPL), Gilead Sciences (GILD) and Flower Foods Inc (FLO), on June 24, 2016 and September 9, 2016, respectively.  There is certainly a lot of selling going on lately throughout the DGI community so I guess our buying activity is a bit contrarian to the current trend.  But for the record, even though we don't post our sells, we have took some money off the table this year.  In fact, I will say we've probably done more selling than buying to date.  And that is including the buying spree we had in January and February!

Here are a few reasons why we personally bought WFC stock: 1) WFC was trading at a 22.1% discount from its 52-week high of $56.34; 2) Nice yield above 3% at 3.3% 3) low payout ratio at 37% should allow WFC to continue to raise dividends for years to come; 4) WFC is a very large company with a market cap at 228 Billion.

Company Description

From Google Finance:

“Wells Fargo & Company is a bank holding company. The Company is a financial services company, which offers banking, insurance, trust and investments, mortgage banking, investment banking, retail banking, brokerage, and consumer and commercial finance. It has three operating segments: Community Banking, Wholesale Banking, and Wealth and Investment Management. Its Community Banking segment offers financial products and services for consumers and small businesses, including checking and savings accounts, credit and debit cards, and auto, student and small business lending. Its Wholesale Banking segment provides financial solutions to businesses across the United States and globally. Its Wealth and Investment Management segment provides a range of personalized wealth management, investment, and retirement products and services to clients across the United States-based businesses. It operates through over 8,700 locations and approximately 13,000 automated teller machines.”

With our recent purchase of Wells Fargo & Company (WFC), the estimated forward dividends for our family's dividend stocks portfolio grew another $15.20, putting our yearly dividends at approximately $3,304/year (excluding our Edwards Jones account) and $3,689/year (including our Edward Jones account).  

Since we had already owned Wells Fargo & Company, the recent buy of WFC did not add new dividend paying stock to our family's dividend stocks portfolios (WF and EJ Accounts).  The total stocks held in our family's dividend stock portfolio remains at 56 different dividend paying stocks/ETFs and also 5 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:

DIVIDEND STOCKS PORTFOLIO

We also maintain an extensive list of stock analysis

that can be access through the link below:

COLLECTION OF STOCK ANALYSES

We also just started a list of Recent Buys by other bloggers

that can be access through the link below:

COLLECTION OF RECENT BUYS

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

Wells Fargo & Company (WFC)

P/E: 11

Payout Ratio: 37%
Dividend Yield: 3.3%
4 consecutive years of dividend increases
Last Ex-dividend date: 8/3/2016

Next Ex-dividend date: approx. 11/3/2016
Have paid a dividend since: 1939 (77 years)
Pays a dividend 4 times a year
Market Cap: 228 Billion
52-week high: $56.34
52-week low: $43.55
Purchased Price: $43.55

What are your thoughts on of recent purchase?

What are you buying?

Stocks Added to Collection of Stock Analyses - October 2016

For those who are not yet familiar with our extensive collection of individual dividend stocks. The entire collection is currently comprised of 1,250 stock analyses (and still growing). The collection essentially provides links to various stock analyses that we found throughout the dividend blog community since 2013. Last year we added a total of 445 stock analyses to the collection. If you would like to view archives from previous years, please follow the respective links provided at the end of this post. 

2016
We started the year providing weekly updates to our Collection of Stock Analyses. Although we started out strong, we eventually realized that we simply did not have enough time to keep up with the weekly updates. We still plan to continue growing our Collection of Stock Analyses but unfortunately can no longer commit to a weekly update. To date, our 2016 Collection is now comprised of 301 stock analyses.
     

October 2016 (Update):

Below is a list of newly added stocks analyses that were recently added to our 2016 Collection of Stock Analyses:

1. American States Water (AWR)
• by Dividend Value Builder
2. Comcast Corp (CMCSA)
• by Simply Sage Dividends 
3. Enbridge, Inc (ENB)
• by Dividend Earner
4. Empire Company Ltd (EMP.A)
• by Sure Dividend 
5. Ferrellgas Partners L.P. (FGP)
• by Simply Safe Dividends 
6. Gap Inc, The (GPS)
• by Dividend Value Builder
7. General Electric Co (GE)
• by Dividend Monk
8. Helmerich & Payne Inc (HP)
• by Dividend Growth Stocks
9. Johnson & Johnson (JNJ)
• by Dividend Growth Stocks
10. Phillips 66 (PSX)
• Simply Safe Dividends 
11. Phillips 66 (PSX)
• The Compound Investor
12. United Health Group (UNH)
• Dividend Value Builder
13. Walgreens Boots Alliance, Inc (WBA)
• by Dividend Growth Stocks

Links provided directly in this post!

Please feel free to leave me a message if you prepared a stock analysis that I did not include in my post.  I would be more than happy to add your stock analysis to both this post and our collection of stock analyses.  Please make sure to confirm that it is a dividend paying stock and that it is a individual stock analysis.

  

My goal is to make this collection become the centralized source where one begins their research on a particular dividend stock company or at the very least, a source to confirm if a company stock is worth buying. Whether your a beginner or a veteran, I want this list to become an invaluable reference tool for you all. Best part, unlike other subscription based sites, I plan to keep this completely free for everyone to enjoy and benefit from.

Feel free to share with all of your friends and family! 

Click on Link Below

2016 - Collection of Stock Analyses

(Archived 2015, 2014, 2013)

Also don't forget to check out our:

Collection of Recent Buys