Mar 7, 2017

6 Recent Buys - AGU, AQN, JNJ, KO, MDT, XEL

Well, nothing seems to stop the stock markets right now. Major U.S. indexes are making new ATHs almost on a daily basis. Certainly it's nice to see your portfolio value going only upward, but to be honest I would prefer lower stock prices. Then again, I'm not able to determine the direction of markets. So, I just keep following my strategy. I have added more shares to my existing positions in Agrium Inc (AGU.TO), Algonquin Power & Utilities (AQN.TO), Johnson & Johnson (JNJ), The Coca-Cola Company (KO), Medtronic plc (MDT) and Xcel Energy Inc (XEL).


Buy in CAD - Agrium Inc (AGU.TO)
Trade Price: 129.25
Shares: 1
Commission: 1.00
Total: 130.25
Sector: Basic Materials - Agricultural Chemicals
Yield: 3,6%
Payout Ratio: 82%
Dividend Increase Streak Years: 6
Annualized Dividend Growth 3-yr: 11,9%
P/E: 30,1
S&P Credit Rating: BBB

Buy in CAD - Algonquin Power & Utilities (AQN.TO)
Trade Price: 12.35
Shares: 7
Commission: 1.02
Total: 87.47
Sector: Utilities - Electric/Gas/Water
Yield: 5,1%
Payout Ratio: 111%
Dividend Increase Streak Years: 6
Annualized Dividend Growth 3-yr: 7,6%
P/E: 29,4
S&P Credit Rating: BBB

Buy in USD - Johnson & Johnson (JNJ)
Trade Price: 119.45
Shares: 1
Commission: 0.35
Total: 119.80
Sector: Healthcare - Drugs/Consumer Products
Yield: 2,7%
Payout Ratio: 54%
Dividend Increase Streak Years: 54
Annualized Dividend Growth 3-yr: 6,7%
P/E: 20,3
S&P Credit Rating: AAA

Buy in USD - The Coca-Cola Company (KO)
Trade Price: 42.25
Shares: 2
Commission: 0.35
Total: 84.85
Sector: Consumers - Soft Drinks
Yield: 3,5%
Payout Ratio: 99%
Dividend Increase Streak Years: 55
Annualized Dividend Growth 3-yr: 7,7%
P/E: 28,2
S&P Credit Rating: AA-

Buy in USD - Medtronic plc (MDT)
Trade Price: 81.80
Shares: 2
Commission: 0.35
Total: 163.95
Sector: Healthcare - Medical Appliances & Equipment
Yield: 2,1%
Payout Ratio: 61%
Dividend Increase Streak Years: 39
Annualized Dividend Growth 3-yr: 14,5%
P/E: 28,9
S&P Credit Rating: A

Buy in USD - Xcel Energy Inc (XEL)
Trade Price: 43.70
Shares: 2
Commission: 0.35
Total: 87.75
Sector: Utilities - Electric/Gas
Yield: 3,3%
Payout Ratio: 65%
Dividend Increase Streak Years: 14
Annualized Dividend Growth 3-yr: 6,8%
P/E: 19,8
S&P Credit Rating: A-

Wow, there you go! Can't really say these were cheap purchases. But that's the name of the game currently. Most important thing is that once again I was able to grow my dividend machine. All buys here except JNJ will increase my April dividend total. Looking forward to JNJ's dividend increase in April and MDT's in June, presumably. Of these companies AQN.TO (10%), KO (5,7%) and XEL (5,9%) have already declared raise this year.

Thanks for reading. My Portfolio page has been updated to reflect these trades.

Disclosure: Long AGU.TO, AQN.TO, JNJ, KO, MDT, XEL

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