Jul 23, 2017

2 Recent Buys - ADM, HCN

Euro currency has been strengthening against U.S. Dollar during last weeks. This is good news for me when I exchange my hard earned EUR to USD to buy some dividend stocks. So I made an exchange a bit earlier than planned, and was able to add to my existing positions in Archer Daniels Midland Co. (ADM) and Welltower Inc (HCN). Here are the details...

Buy in USD - Archer Daniels Midland Co. (ADM)
Trade Price: 41.20
Shares: 3
Commission: 0.35
Total: 123.95
Sector: Consumers - Farm Products
Yield: 3,1%
Payout Ratio: 54%
Dividend Increase Streak Years: 42
Annualized Dividend Growth 3-yr: 16,4%
P/E: 17,4
S&P Credit Rating: A

Buy in USD - Welltower Inc (HCN)
Trade Price: 73.90
Shares: 2
Commission: 0.35
Total: 148.15
Sector: REIT - Healthcare Facilities
Yield: 4,7%
Payout Ratio (of FFO): 83%
Dividend Increase Streak Years: 14
Annualized Dividend Growth 3-yr: 4,0%
P/FFO: 17,6
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

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