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.

7 thoughts on “Recent Buy – DUK, VGR

  1. You picked up some nice current yield with these two buys. While I never considered VGR before I have looked at DUK recently. I just added to a couple utilities in my portfolio not long ago, SO and D. I always commend the continued buying. You truly know that timing the market is for the birds.

    1. Hi DivHut,

      Utilities are a good place to be in right now, especially with expected market turbulence in wake of likely Fed Res rate hike. I like D also and at some point will be adding it. Its about adding little bit here and there.

      Thanks for stopping by as always!

    1. Hi DividendLife,

      I’ve eyed DUK since a long time but every time I felt that it is richly valued, better late than never 🙂 I’d be adding it whenever there is some slide in prices in future.

      Thanks for stopping by and commenting!

    1. Hi DividenandHobbies,

      We will be happy campers in DUK for a long time 🙂 I also like few other utilities like SO, D, AES, PPL.

      Thanks for stopping by and commenting!

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