Category Archives: Recent Buy

Recent Buy – CVA, OHI

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.

1) Covanta Holding Corp. (CVA)

Covanta is involved in the conversion of  waste material to energy and renewable energy production businesses, more like utilities style. CVA is currently fairly valued, almost 20% lower than 52 weeks high of $17.16 and juicy dividend of almost 7%.

I added 25 positions in CVA at $14.10 on 5/05 to my existing 50 positions. It’ll add $25.00 of passive income on an annual basis, if there are no dividend cuts 🙂

2) Omega Heathcare Investors, Inc. (OHI)

Real Estate Investment Trusts (REITs) have been fluctuating due to concerns about rate hikes in the near term, likely two more this year, thereby driving their borrowing costs and margins. I consider it a risky buy but fairly valued. I added 25 positions in OHI on 5/19 at $32.92. It’ll add $63.00 in passive income on an annual basis that I do not need to work for.

Full Disclosure: Long on above mentioned securities.

Thanks for reading.

Recent Buy – VGR

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 company in month of April, 2017:

1) Vector Group Ltd. (VGR)
Market highs are keeping me edgy, however, I decided to pull a defensive play like VGR. Added 25 positions in VGR on 4/17 at $21.10. It’ll add $40.00 of passive dividend income on an annual basis.

Full Disclosure: Long on above mentioned securities.

Thanks for reading.

Recent Buy – VZ, WPC

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 managed to add positions in following companies in month of Mar, 2017:

1) Verizon Communications Inc. (VZ)
Defensive plays like telecom and utilities are a great place to be when market becomes turbulent. I bought 30 positions in VZ at $50.08 on 3/06 and it’ll add $69.30 of passive income on an annual basis.

2) W.P. Carey (WPC)
Over last several months, WPC has made a significant correction and I consider it a good buy now. Also, it sports a healthy yield of over 5% though PE ratio is still elevated. Added 25 positions in WPC on 3/06 at $62.21. It’ll add $99.50 of passive dividend income on an annual basis.

Full Disclosure: Long on above mentioned securities.

Thanks for reading.

Recent Buy – DUK, VGR

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 in month of Feb, 2017:

1) Duke Energy, Corp. (DUK)
Utilities are a great place to be when market becomes turbulent. I bought 5 positions in DUK at $79.21 on 2/22 and it’ll add $17.10 of passive income on an annual basis.

2) Vector Group Ltd. (VGR)
With market at all time high keeping me edgy, I decided to pull a defensive play like VGR. Added 10 positions in VGR on 2/13 at $22.75. It’ll add $16.00 of passive dividend income on an annual basis.

Full Disclosure: Long on above mentioned securities.

Thanks for reading.

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.