RECENT BUY : Ladder Capital Corp (NYSE: LADR)

WE RECENTLY PURCHASED THE FOLLOWING

Ladder Capital Corp (LADR)
Purchased 50 shares of LADR on 4/25/2017 at $13.75
Total money spent: $687.50
$63.00 added to annual dividends

We have continued to actively purchase shares of dividend stocks, but admittedly it has been quite some time since we have written post of a recent buy. We just thought we'd share this one as it does not seem to be as popular in the dividend stock investing community. We had a family member, who currently owns this stock, recommend it to us earlier this year.  So we started watching Ladder Capital Corp (LADR) around February and finally saw a good entry point when the stock dipped recently below $14.00.  

Since we did not previously own shares in Ladder Capital Corp (LADR), the recent purchase not only added $63.00 to our forward dividends but also became the 61st different dividend paying stocks/ETFs in our family's Dividend Stocks Portfolio.

They additional $63.00 added to our annual dividends puts our yearly dividends at approximately $3,295/year (excluding our Edwards Jones account) and $3,795/year (including our Edward Jones account). 

Our family's dividend stocks portfolio may be found

by clicking on the link below:
DIVIDEND STOCKS PORTFOLIO

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

Ladder Capital Corp (LADR)

• P/E: 12.27
• Payout Ratio: 107.52%
• Dividend Yield: 9.06%
• 0 consecutive years of dividend increases
• Last dividend Ex date: 3/12/2018
• Next dividend Ex date: approx. 6/12/2018
• Dividend Payback Period: 3 years
• Pays a dividend 4 times a year.
• Market Cap: 1.55 Billion
• 52-week high: $15.39
• 52-week low: $12.82
• Purchased Price: $13.75

What are your thoughts about our recent purchase?

What are you buying?

RECENT BUY (NYSE: VTR)

WE RECENTLY PURCHASED THE FOLLOWING

VENTAS Inc (VTR)

Purchased 6 shares of VTR on 10/28/2015 at $55.20
Total Spent: $331.20

This morning, with Ventas Inc (VTR) seemingly this month's ASK THE READERS pick, we decided to place an order to buy 6 shares of VTR.  In case you missed it, we asked our readers to pick a stock between Ventas Inc (VTR), Kinder Morgan Inc (KMI), and Potash Corp (POT).  At the time of this write up, the final tally was: VTR- 5, KMI- 2, and POT- 1.  

Company Description

From Google Finance:

“Ventas, Inc. is a real estate investment trust (REIT). The Company has a portfolio of seniors housing and healthcare properties located throughout the United States, Canada and the United Kingdom. The Company operates through three segments: triple-net leased properties, senior living operations and MOB operations. The triple-net leased properties segment invests in seniors housing and healthcare properties throughout the United States and the United Kingdom and lease those properties to healthcare operating companies under triple-net or absolute-net leases that obligate the tenants to pay all property-related expenses. The senior living operations segment invests in seniors housing communities throughout the United States and Canada and engages independent operators, such as Atria and Sunrise, to manage those communities. The MOB operations segment, acquires, owns, develops, leases, and manages MOBs throughout the United States. It invests in seniors housing and healthcare properties.”

Thank you all who voted for this month's Ask the Readers post. We do not currently own shares of VTR so we were happy to be adding 6 shares of VTR (Ventas Inc) to our family's dividend stocks portfolio. With our new purchase this morning, our estimated forward dividends grew another $17.52, putting our yearly dividends at approximately $3,575/year (excluding our Edwards Jones account) and $3,932/year (including our Edward Jones account). 

Since we did not previously own VTR, the purchase now means that our family's dividend stocks portfolios (WF and EJ Accounts) is now mode up of a total of 48 different dividend paying stocks/ETFs and also 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:

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:

Ventas Inc (VTR)

P/E: 44.10
Payout Ratio: 207.6%
Dividend Yield: 5.3%
5 consecutive years of dividend increases
Last Ex-dividend date: 9/11/2015

Next Ex-dividend date: approx. - 12/11/2015
Have paid a dividend since: 1999 (16 years)
Pays a dividend 4 times a year.
Market Cap: 18.3 Billion
52-week high: $71.74
52-week low: $52.03
Purchased Price: $55.20

What are your thoughts on of recent purchase?

What are you buying?