Monthly Archives: January 2017

Recent Buy – DUK, PPL, UL

I’m looking for companies that are fairly valued, have a decent dividend yield(3% to 6%) and have a fairly long history of paying dividends consistently for 10 years or more. However, there could be some cases for exceptionally good company or a strategic buy for a very long term.

With market setting all time highs, it’s getting difficult to find companies at fair valuation. I added small positions in following companies this month of Jan, 2017:

1) Duke Energy, Corp. (DUK)
Utilities are a great place to be when market becomes turbulent. I bought 5 positions in DUK at $77.61 on 1/09 and it’ll add $17.10 of passive income on an annual basis.

2) PPL Corp. (PPL)
This is another utility company and is a new addition to my portfolio along with DUK. I added 10 positions in PPL on 1/12 at $34.23. It’ll add $15.20 of passive dividend income on an annual basis.

3) Unilever  plc (UL)
Another defensive move on my part, adding a consumer staple for better stability of portfolio in volatile market, that I expect this year 2017. I added 5 positions in UL on 1/12 at $41.43 that will add $7.10 that I do not need to earn.

Full Disclosure: Long on above mentioned securities.

Thanks for reading.