Category Archives: Recent Buy

Recent Buy – O, OKE

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) Realty Inc Corp. (O)
With the likely possibility of Fed pulling a trigger on a rate hike in near future, reits are having a tantrum, providing some value in this generally over-valued market. I bought  25 positions in at $58.15 on 9/01 and it’ll add $63.50 of passive income on an annual basis.

2) ONEOK, Inc. (OKE)
Oil segment has gone thru a lot in recent times but, it has started recovering. The O&E companies are long-term hold and OKE fits nicely into my diversified energy portfolio. I bought 25 positions in OKE at $55.39 on 9/07 and it’ll add $74.50 of passive income on an annual basis.

Full Disclosure: Long on above mentioned securities.

Thanks for reading.

Recent Buy – DUK, TOT, SO

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) Duke Energy, Corp. (DUK)
Utilities are a great place to be when market becomes turbulent. I bought  5 positions in DUK at $86.87 on 9/01 and it’ll add $17.80 of passive income on an annual basis.

2) Total S.A .(TOT)
Its no secret that oil segment has gone thru a rough patch and from prior depth of abyss, it has nicely recovered over time. Irrespective of this,  O&E companies are long-term hold and TOT fits nicely into my diversified energy portfolio. I bought 25 positions in TOT at $52.14 on 9/01 and it’ll add $74.50 of passive income on an annual basis.

3) Southern Corp. (SO)
There has been some pullback in utilities segment. Due to better valuations, I added 25 positions in SO on 9/01 at $48.03. It’ll add $58.00 on an annualized basis that I do not need to work for.

Full Disclosure: Long on above mentioned securities.

Thanks for reading.

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.