What a year! While the market has started off with with record losses, I’ve been making record buys for the dividend portfolio. First, I’ve been traveling (which is why its been so long since I’ve posted) and didn’t have access to my trading accounts while I was gone.
Fortunately, I’m no stranger to relying on limit orders and they have been executing like crazy over the last few weeks. I’ve slowly been adding to my positions, adding new positions and averaging down during the year.
Here are the dividend growth stocks I picked up January 2016.
January 2016 Dividend Growth Stock Purchases
|Symbol||Company Name||Date||Qty||Price||Total Cost||Yield||Est. Yearly Income||Comm/Fee||Y Div||Q Div|
|DE||Deere & Company||01/08/2016||4||73.86||296.44||3.25%||9.60||-1.00||2.40||0.60|
|F||Ford Motor Company||01/06/2016||25||13.18||330.50||4.55%||15.00||-1.00||0.60||0.15|
|GPC||Genuine Parts Company||01/13/2016||4||77.86||312.44||3.19%||9.92||-1.00||2.48||0.62|
|HON||Honeywell International Inc.||01/07/2016||4||98.86||396.44||2.41%||9.52||-1.00||2.38||0.60|
|HON||Honeywell International Inc.||01/20/2016||3||94.86||285.58||2.51%||7.14||-1.00||2.38||0.60|
|LOW||Lowe's Companies Inc.||01/14/2016||5||68.86||345.30||1.63%||5.60||-1.00||1.12||0.28|
|TROW||T. Rowe Price Group Inc||01/15/2016||3||63.83||192.49||3.26%||6.24||-1.00||2.08||0.52|
|UL||Unilever plc (ADR)||01/15/2016||10||40.12||402.20||3.41%||13.70||-1.00||1.37||0.34|
|UNH||UnitedHealth Group Inc||01/07/2016||3||113.63||341.89||1.76%||6.00||-1.00||2.00||0.50|
|UNH||UnitedHealth Group Inc||01/15/2016||2||108.55||218.10||1.84%||4.00||-1.00||2.00||0.50|
|UPS||United Parcel Service Inc.||01/06/2016||4||94.86||380.44||3.08%||11.68||-1.00||2.92||0.73|
|XOM||Exxon Mobil Corp||01/11/2016||5||73.86||370.30||0.00%||0.00||-1.00||0.00|
These purchases totaled $8,749.44 and has added $260.40 to my annual dividend income! That averages out to a yield of 2.97%! Considering the downturn, you’d think I could have done a bit better. But, considering the quality of the companies I’ve been purchasing, I’m pretty happy with the results!
My dividend portfolio has been updated with all the January purchases.
Some people estimate we are do for a correction in the tune of 25% from our highs. That’s roughly another 8 – 10% or so down from where we are now (which seems like a really long way to go). While others believe we are now solidly in a bear market and estimate we have another 25 – 40% yet to fall before we hit bottom.
Unfortunately, I’ve yet to discover the magic alarm bell that rings to tell me when the market has bottomed and it’s time to buy. So, I’ll continue to average down on the high quality companies that I own and buying new values as they pop-up.
I do feel compelled to say: I’ve never been an investor during the starting of a bear market or even been an active investor during a bear market. Obviously, I’m learning while I go. I may indeed find that this strategy of nibbling at bargains on the way down was a bad idea and I should have waited until sentiment changed and things start to move back up. Only time will tell.
What have you been picking up this month?