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.

11 thoughts on “Recent Buy – DUK, PPL, UL

  1. Love reading these buy posts as usual. I’m quite pleased seeing the majority of our dividend investing peers continuing to buy despite what the financial headlines or experts say. Like the UL buy. I nibbled on that stock several times towards the end of 2016 and it’s still on my watch list for this month along with other consumer staples. Keep it going!

    1. I think that’s the issue, we are in the second longest Bull market. Although time will tell, even if the stock market falls dramatically, over the long run (10+ years) you will end up better in the long run.

      1. Hi BuyHoldLong,

        We are definitely in one of the longest bull market, could be longest ever, no one knows about that. Even if we have a big correction, we will be fine over long term. Keep it going.

        Thanks for stopping by and commenting!

    2. Hi DivHut,

      UL is trading at a good valuation and really like at decent PE ratio of 21, closer to 52 week low and in a defensive segment, what to not like about it 🙂 Good buy on your end as well. I might buy more if prices go down a bit more.

      Thanks for stopping by and commenting!

  2. Sounds like a nice little dividend income boost over the next year. I wish I could trade with smaller volumes like this but trading fees eat up a lot of my investing funds unfortunately.

    1. Hi BuyHoldLong,

      Thank you. I’ve been adding to my positions slowly since a long time, feels like eternity. Would like to hit $1000 right out of the bat this month of January, will see. Sharebuilder and tradeking is very reasonable and if you use ML, you can get a certain number of free trades, if balance is at certain level.

      Thanks for stopping by as always!

    1. Hi TheDividendLife,

      Glad to be a fellow shareholder of DUK: pulled the trigger on this quite late, nevertheless happy to do so. Their focus on solar renewable energy like solar is impressive.

      Thanks for stopping by and commenting!

    1. Hi Dividends4Future,

      Absolutely, we need to keep putting capital to work for long term and in the end, it will sort out itself, in spite of market volatility, that is getting louder by the day. DUK and UL are great companies and will be a happy shareholder, my friend.

      Thanks for stopping by and commenting!

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