Recent Buy

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) BHP Billiton plc (BBL)

I had recently bought BBL in Oct and since then, valuation has gotten better.  Its a great opportunity to average down the cost. BBL has a nice dividend yield of 8.36% and market cap of $78.9B. At its 52 week high, it traded at $50.02 and currently trading at $29.67, almost 40% lower.

I bought 30 positions in BBL at $32.00 on 11/05 and added another 30 positions at $29.06 on 11/06. It will add $148.80 of passive income on an annual basis.

2) ConocoPhillips (COP)

COP is one of the super-major integrated O&G company that has been dragged down due to low oil prices. I find it under-valued at current price. I added 20 positions on 11/04 at $56.73. It will add $59.20 of passive income annually.

3) Kinder Morgan, Inc. (KMI)

KMI is a pipeline company that is finding it tough going in this oil-glut, to say the least. However, its nicely valued in my opinion. It was my recent buy and so was Lanny’s Recent Buy again. It has a nice dividend yield of 7.83%. I added 30 positions on 11/04 at $27.50 in my taxable account. It will add $61.20 of passive income on an annual basis.

4) Omega Heathcare Investors, Inc. (OHI)

Real Estate Investment Trusts (REITs) have been pulled down due to concerns about Fed raising interest rates and their impact on the earnings of these REITs. I consider a good time to add to my positions as OHI is selling at an excellent price point. The yield of 6.68% is also simply  great.

I bought 30 positions in OHI on 11/03 at $34.00 and added another 30 positions on 11/05 at  $34.25. It’ll add $134.40 of passive income on an annual basis.

5) Royal Dutch Shell plc (RDS.B)

RDS.B sports a juicy dividend yield of 7.21%.  I added 20 positions in RDS.B on 11/04 at $54.94 in my taxable account. It will add $75.20 of passive income annually.

6) Vodafone Group plc (VOD)

Vodafone is a UK based mobile phone company that I recently added it. So, this was an addition to existing positions.

VOD has a nice dividend yield of 7.29% and currently, trading at $32.66, a good price point to enter into the position. If price drops further, I may add more positions to average down the cost. I added 30 positions in VOD on 11/05 at $33.00 in my taxable account, making up total 80 positions. It will add $71.40 of passive income on an annual basis.

Whew! What a hectic shopping schedule first week of this month but will go a long way in becoming financially free.

Full Disclosure: Long on above mentioned securities.

Thanks for reading.

What do you think about these buy?

10 thoughts on “Recent Buy

    1. Hi DB,

      I;ve been on a buying spree after reaching $100K 🙂 Its becoz I find lot of value in these depressed prices of energy companies. If prices slide more, I’ll be buying more, let’s see where market takes us. Thanks for stopping by and commenting.

  1. Wow! Talk about some serious dividend income right there. All of those companies pay an amazing dividend. I think you average yield on this purchase is around 6% haha Nice pickups and I love the names in this list. Some great companies that will serve your portfolio well for many great years. Keep up the great work and keep on building your dividend income stream.

    Bert

    1. Hi Bert,

      Appreciate the kind words. Yeah. Its crazy to know that avg yield was 6% and getting crazier for O&E companies; prices are still dropping like hot potato, look at KMI that you guys and myself have been adding. I’m for adding more of them at even lower prices, bring it on 🙂 If I’m for long term, we should be smiling at these valuation.

      Thanks for stopping by and commenting.

  2. Great current yield once again with all these buys. Do you plan on adding to any health REITs going forward? A lot are pretty beaten up since last week. HCP, VTR, HCN and more. Just wondering. Thanks for sharing.

    1. Hi DivHut,

      I love dividend growth stocks and if yields are great, so much for better 🙂 Reg. healthcare REITs like HCP, HCN, OHI, VTR, etc, I’m for it and own many of them. Its that my focus has been energy companies so far however, I’m starting to take serious look at these REITs once more, as valuations are getting better by day.

      Thanks for stopping as always and commenting.

  3. All high yielders. These should do well for your passive income going forward. Congrats on these purchases, PIM.

    R2R

    1. Hi R2R,

      I love getting bigger checks if I could 🙂 Yeah. I’m adding many of these energy companies, however, I’m also taking a big risk due to potential downside in future. While we wait for commodity market to improve, these paychecks help to keep us warm and fuzzy.Appreciate liking the buys.

      Thanks for stopping and commenting!

    1. Hi DivGro,

      Appreciate liking the buys and we will be happy campers in those names. Among the healthcare REITs, OHI is one of my core holding, although, I’m taking a look at others as well. I like to buy companies at fair valuations and I consider these companies as such. Would be glad to add them more, to average down the cost.

      Thanks for stopping by and commenting!

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