Nov 11, 2015

4 Recent Buys - ENB, AQN, JNJ, HCP

I have made several purchases again. Here is the report of first four. During last days of October I bought more Johnson & Johnson (JNJ). Then I started November by adding to my position in Enbridge Inc (ENB.TO)Algonquin Power & Utilities (AQN.TO) and HCP Inc (HCP).

Buy in CAD - Enbridge Inc (ENB.TO)
Trade Price: 55.62
Shares: 4
Commission: 1.01
Total: 223.49
Sector: Energy - Oil & Gas Pipelines
Yield: 3,6
Payout Ratio: 99%
Dividend Increase Streak Years:19
DGR 3-yr: 12,6
P/E (current/Q3 earnings): 26,6

Buy in CAD - Algonquin Power & Utilities (AQN.TO)
Trade Price: 10.09
Shares: 11
Commission: 1.03
Total: 112.02
Sector: Utilities - Diversified
Yield: 4,8%
Payout Ratio: 120%
Dividend Increase Streak Years: 4
DGR 3-yr: 9,9%
P/E (trailing 12-month): 25,8

Buy in USD - Johnson & Johnson (JNJ)
Trade Price: 99.50
Shares: 1
Commission: 0.35
Total: 99.85
Sector: Healthcare - Drugs/Consumer Products
Yield: 3,0
Payout Ratio: 57%
Dividend Increase Streak Years:53
DGR 3-yr: 7,0
P/E (trailing 12-month):19,5

Buy in USD - HCP Inc (HCP)
Trade Price: 37.10
Shares: 2
Commission: 0.35
Total: 74.55
Sector: REIT - Healthcare Facilities
Yield: 6,7%
Payout Ratio: 71,5%
Dividend Increase Streak Years: 30
DGR 3-yr: 4,3
P/FFO: 10,5

JNJ became the heaviest position among my foreign stocks, and I don't mind that at all. It is perhaps the most reliable dividend growth stock out there. Then on the other hand Enbridge and Algonquin, two of my Canadian investments, are much smaller positions. I will take next dividend from ENB with this position, but I'm still looking to add AQN before next ex-divy date. I bought HCP shares before ex-dividend, giving my November dividend income final little push.

My Portfolio page has been updated to reflect these trades.

Disclosure: Long ENB.TO, AQN.TO, JNJ, HCP


  1. Nice purchases, DL. All great companies and really great dividend payers. Congrats on adding more to your dividend income


    1. Thanks, R2R! It's always a great feeling to add more shares to that dividend machine. JNJ, ENB, HCP are already dividend paying veterans. AQN certainly is more risky in that sense.
      Thanks for stopping by!

  2. Nice buys DL. We own three of the four companies mentioned in our portfolio. Glad to hear from yet another fellow shareholder. :)

    Way to continue building those forward dividends. Look forward to your upcoming dividend reports!

    Best wishes and continued success my friend. AFFJ

    1. Hey AFFJ! Thank you very much for the support.
      I'm not surprised that we are fellow shareholders in JNJ and HCP, but Enbridge was a little surprise! Nice one anyways.
      Wishing you a lot of success with your investments. Thanks for stopping by!