A new month, a new year (HAPPY NEW YEAR!) and a new round of dividend stock purchases. With the government shutdown looming, China’s economy slowing (which is impacting USA companies) and a pending trade war, we again find ourselves with some deals for the taking.
December 2018 dividend stock purchases came in at a gigantic sum. I’ve moved roughly 10% out of cash savings to make my 2019 ROTH contributions and add a little padding to my taxable account. While the market doesn’t feel great right now, that makes me more confident, not less about putting more cash to work. I will probably also be looking to add more bluechip stocks in established EU companies.
So far this month, I’ve invested roughly $2,600 in dividend stocks at an average yield of only 2%. The MA buys are really brining down the average. The IRM purchase as bought via DRIP.
New Buys - January 2019
Symbol Company Name Date/Time Quantity Buy Price Comm/Fee Total Cost Yield Income Y Div Q Div PSA Public Storage 1/1/2019 3 195.86 -0.33 587.58 4.08% 24.00 8.00 2.00 IRM Iron Mountain Inc 1/1/2019 2 31.82 -0.33 63.64 7.38% 4.70 2.35 0.59 MA Mastercard Inc 1/3/2019 6 184.54 -0.33 1,107.24 0.72% 7.92 1.32 0.33 MMM 3M Co 1/3/2019 3 182.89 -0.33 548.67 2.97% 16.32 5.44 1.36 MA Mastercard Inc 1/3/2019 2 183.52 -0.33 367.04 0.72% 2.64 1.32 0.33 PM Philip Morris International Inc. 1/16/2019 5 70.10 -0.33 350.50 6.50% 22.80 4.56 1.14 PM Philip Morris International Inc. 1/16/2019 4 69.44 -0.33 277.76 6.57% 18.24 4.56 1.14 T AT&T Inc. 1/22/2019 10 30.46 -0.33 304.60 6.57% 20.00 2.00 0.50 BTI British American Tobacco PLC 1/24/2019 15 31.86 -0.33 477.90 7.29% 34.86 2.32 0.58 T AT&T Inc. 1/24/2019 30 30.46 -0.33 913.80 6.57% 60.00 2.00 0.50 ABBV AbbVie Inc 1/28/2019 8 76.93 -0.33 615.44 5.56% 34.24 4.28 1.07 T AT&T Inc. 1/30/2019 10 29.86 -0.33 298.60 6.70% 20.00 2.00 0.50 ∑ = 98 ∑ = 5,912.77 ∑ = 265.72
My dividend portfolio has been updated with these buys.
All additional purchases made this January will be posted on this page. I try to invest $2,500 – $4,000 every month.
Financial Data provided by Intrinio.
What have you been buying this month?
Nice dividend income Pig, solid work. Cheers, A Dividend Dream.
PS: Is it possible to eliminate your social bar on the left side (Tweet, share, pin, +1 ,share)? It’s making reading your site a whole lot harder.
Its been a decent month so far! Also, thanks for the feedback on the social bar. Is it hovering over the text on your screen? I definitely want to get that fixed if its causing an issue! Thanks!
Do you think adding a bond etf is necessary to my all dividend stock roth
Hi Rick. First, thank you for the comment. Second, it really depends on your investment goals. If you are retired or are close to retirement, then a bond etf is a fine idea as you may want the consistent and safe payments. However, if you are looking for increasing income over time, then a bond etf isn’t for you. On the other hand, many financial talking heads recommend that you keep you a decent portion – 30% in bonds even if you are in your 30s. I don’t personally subscribe to this as I am seeking dividend growth and I don’t mind the extra risk.
I’ve been following you for a while and I love your insights and website. You have a large number of stock holdings of which quite a few have only a few shares. I am curious whether you ever look at your holdings to trim the lower paying/returning stocks and apply that money to the highest paying/returning stocks? Say, sell off the bottom 20 stocks and use that money to add to the top 20 pay/returning stocks?
I’m thinking if you did that on an annual basis, you would eventually increase your overall return.
Any thoughts on this idea?
Great to hear from you!
Yes, I do have a large group of holdings in my dividend portfolio. Currently, I am not at a point where I feel like I need to trim any stocks – unless something drastic happens to the individual position. My investment timeline is long enough that I have plenty of time to allow individual investment to grow without the need to trim stocks every year just for the sake of trimming. But on top of that, I am in a very fortunate position as I have enough cash at the moment to invest where ever I find value.
But, there will be a time, hopefully, before interest rates really rise (its gotta happen eventually, right), that I am aware enough to step away from some stocks before they adjust significantly. At that point, there will indeed be some selling and reallocating while values adjust. So, I will be trimming some stocks permanently from the portfolio and other just waiting for better valuations… I won’t do it yearly, but I will do it more inline with the market cycle.
Thanks for the great comment!
Wow – Way to put some capital to work right there. As a fellow shareholder of MMM, IRM, and PM, I have to love those stock purchases. However, I also like the other names on this listing as well. Keep up the momentum in 2019 and continue pushing forward!
Hi Bert! It has been a pretty active month. Hard not to when we have those kinds of deals popup. Just wish I would have invested more 😉 Great to hear from you!
Always nice to see the buying continue each month. Looks like tobacco among other sectors was on your mind. I have been on the MO kick and still looking to add more though BTI is also looking really compelling at these levels. Keep up the good work.
Thanks DivHut. Yeah, tobacco, as I know you are aware, has been on a great sale recently. The uncertainty around menthol in the USA and then a no deal Brexit has been rough for BTI recently. We’ll see what happens, but I think BATS (BTI) will be fine. However, there will indeed be some massive deals on British companies if a no deal is worked out.
Just curious on the PM BTI buys over MO. I ended up picking up MO instead.
Hi D4J! MO is great (I own some as well and will add more in lower 40s if we get there), however it is a completely USA company. BTI earns roughly 40% of its revenue from the USA. Since I’ve been working on adding “foreign companies” to my portfolio recently BTI makes sense. Also, BTI is on super sale right now because of the potential menthol ban in the USA and the possible no deal Brexit. A lot of potential risks in an already risky sector, however, I suspect BTI will pull through alright!