Jun 27, 2015

Shopping List for July 2015

The month is about to change soon, and that means it's time to buy some stocks again. I will list my ideas for July here. I will probably end up buying most of them, but not all. The ex-dates for July dividends are pretty much past already, so the focus will be on securing August dividends.

For every stock I will write a desired purchase price. Meaning that I will be willing to pull the trigger at that price, or below. If I feel that a stock is overvalued, then I hope that I can get a small discount compared to the current price. Respectively, if I feel that a company is fairly- or undervalued I have no problem to pay current price, or even a bit more. But this is far from exact science. What also affects is how badly I want to buy that specific stock right now.

Of course July will begin very soon and I'm going to start buying from day 1. Therefore I can't expect big fluctuations in stock prices at this period, one way or other. Anyways, let's see what I have on my shopping list.

Jun 19, 2015

Recent Buy


We are over halfway through June, and dividends have been dropping nicely to my brokerage account this month. I found a few loose bucks there and decided to put them to work.

On June 17 I purchased 3 shares of W.P. Carey Inc.(WPC) @ 61.37 per share (Incl. fees).

Business summary From Yahoo! Finance:
"W. P. Carey Inc. is an independent equity real estate investment trust. The firm also provides long-term sale-leaseback and build-to-suit financing for companies. It invests in the real estate markets across the globe. The firm primarily invests in commercial properties that are generally triple-net leased to single corporate tenants including office, warehouse, industrial, logistics, retail, hotel, R&D, and self-storage properties. W. P. Carey Inc. was founded in 1973 and is based in New York City with an additional office in Dallas, Texas."

I initiated position in WPC early June, and now I was able to average down my cost basis a tad. With yield hovering above 6 and P/FFO below 15 this REIT is hard to resist. Quite a few DG bloggers have been on the firm this month: Dividend Mantra, Financial Freedom, Average Dividend Yield, My Dividend Pipeline, Dividend Hawk and yet who else? So, I think that I'm not in a bad company here.

WPC seems to be a decent dividend machine. Just yesterday the company declared quarterly cash dividend of $0.9540 payable on July 15 to stockholders of record as of June 30. I assume ex-dividend date to be June 26. This marks 57th consecutive quarterly dividend increase. I mean, what!? 57th and quarterly! This goes already beyond my math skills, but is this some kind of record? Surely this last increase from $0.9525 is tiny, but think about that consistency and history.

With my staggering 9 WPC shares I should receive $8.59 cash deposit in July. Hence forward 12-month dividends show $34,34. Not too shabby for $555 investment. Anyways, now I just hope that the stock price does not skyrocket, so that I will be able to add to my position more shares in coming months.

My portfolio page has been updated to reflect this purchase.

Disclosure: Long WPC

Jun 6, 2015

11 Recent Buys and 1 Sale


 
Looking back the first week of June, it looks like I have started the month at full throttle. I don't have a crystal ball. I don't know which direction the market is heading. Therefore my strategy is to buy stocks when I have capital. Strategy this simple can't possibly work. Or could it?
 

Jun 3, 2015

Dividend Income - May 2015

Hello everybody! It's Dividend Lord's first post. And what would be better start than dividend income report. To keep things straightforward and comparable I report my income before taxes. So, the numbers are a bit "too good", but I thought it's better this way.

Dividend income for May shows $103,87. This is 25,2% increase from last year's May. Certainly I would like to see bigger year over year increase, but I think this is acceptable since I didn't buy stocks very heavily in late 2014 and early 2015. Anyhow, I'm trying to accelerate things going forward. And still, this was the first time when I busted $100 mark for month II (second month of a quarter).

And one more thing. English is not my native language. So please give mercy:)

AT&T (T) - 11,28
Bank of Montreal (BMO) - 6,44
Chambers Street Properties (CSG) - 5,53
Deere & Co. (DE) - 4,80
General Mills (GIS) - 7,04
HCP Inc (HCP) - 14,69
Kinder Morgan (KMI) - 16,80
Main Street Capital (MAIN) - 4,90
ONEOK (OKE) - 8,47
Procter & Gamble (PG) - 7,95
Pengrowth Energy (PGH) - 2,49
Realty Income (O) - 4,55
Textainer Group Holdings (TGH) - 8,93
 
Total $103,87