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.
Here are the buys for the second week of July, 2016:
1) Bank of Nova Scotia (BNS)
This is my 9th buy of BNS this year, a marathon buying spree so far! It only shows how much I value it. I added 5 positions in BNS on 7/14 at $50.62. It’ll add $14.40 of passive dividend income on an annual basis.
2) Welltower Inc. (HCN)
I bought 5 positions in HCN at $76.36 on 7/14 and it’ll add $17.20 of passive income on an annual basis.
3) Vodafone Group plc (VOD)
I bought 10 positions in GSK on 7/14 at $30.81 in my taxable account. It will add $20.50 of passive income on an annual basis that I do not need to work for.
Full Disclosure: Long on above mentioned securities.
Thanks for reading.
What do you think about these buy?