Jul 23, 2017
2 Recent Buys - ADM, HCN
Buy in USD - Archer Daniels Midland Co. (ADM)
Trade Price: 41.20
Sector: Consumers - Farm Products
Payout Ratio: 54%
Dividend Increase Streak Years: 42
Annualized Dividend Growth 3-yr: 16,4%
S&P Credit Rating: A
Buy in USD - Welltower Inc (HCN)
Trade Price: 73.90
Sector: REIT - Healthcare Facilities
Payout Ratio (of FFO): 83%
Dividend Increase Streak Years: 14
Annualized Dividend Growth 3-yr: 4,0%
S&P Credit Rating: BBB+
That's it, one Dividend Champion and one Contender! HCN purchase, the final contribution to August passive income total. Then it was time to turn eyes on September, and that's what ADM purchase is all about. However, soon it's time to tally July dividend income, and I expect to see pretty good growth from last year.
Is either ADM or HCN on your watch list right now?
Thanks for reading. My Portfolio page has been updated to reflect these trades.
Disclosure: Long ADM, HCN