RECENT BUY - (NYSE : MMM)

WE RECENTLY PURCHASED THE FOLLOWING


3M COMPANY (MMM)
Purchased 3 shares of MMM on 7/24/2015 at $149.31
Total Spent: $447.96
$12.30 added to annual dividends

Our purchase of 3M Company (MMM) was based on the results from our recent ASK THE READERS post. On Friday morning, with MMM seemingly this month's reader's pick, we decided to place an order to buy the stock at the current market price since it was down near the low for the day.  Minutes later, we got a notice that our buy was executed at a price of $149.31.  And just like that, we added another company to our family's dividend stocks portfolio. 

With the recent purchase 3M Company (MMM), our estimated forward dividends grew another $12.30, putting our yearly dividends at approximately $2,676/year (excluding our Edwards Jones account) and $3,034/year (including our Edward Jones account).

As mentioned previously, our recent purchase of MMM also added a new holding to our family's dividend stocks portfolio. We now have a total of 44 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:

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:

3M COMPANY (MMM)

P/E: 19.49
Payout Ratio: 50%
Dividend Yield:2.75%
56 consecutive years of dividend increases
Last Ex-dividend date: 5/20/2015

Next Ex-dividend date: approx. - 8/20/2015
Have paid a dividend since: 1916 (99 years!)
Pays a dividend 4 times a year.
Market Cap: 94.7 Billion
52-week high: $170.50
52-week low: $130.60
Purchased Price: $149.31

What are your thoughts about my recent purchase?

What are you buying?

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:

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:

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?