I’m reporting my automatic purchases for this week:
I Bought:
$200 of TGT (Target)
$300 of UL (Unilever)
$200 of COP (Conoco Phillips)
I used $700 in new capital and added $24.16/year to my dividend income. This is an average yield of 3.5%.
Note:
UL is still a new addition to my portfolio and I plan to keep dollar-cost-averaging until it’s a full position. I mentioned more reasons a few weeks ago for the purchase.
I’ve mentioned why I like TGT several times and as long as I can keep averaging down , I will keep buying a little more. They also have a much nicer yield after the over 20% increase.
I am trying to bring up the weight of COP so that they are more in line with my other energy holdings. I wish I had added more before the recent price increase.
Picture:
Just for some fun and to add some color I will be posting pictures of places I’ve been to. It’s also motivation to reach FI so I can travel and do what I want to when I want to.
This is a picture from the changing of the guard ceremony at Arlington National Cemetery in Washington D.C. a couple of years ago. When I was on an 8th grade field trip to D.C. , I was randomly chosen to get to place the wreath on the tomb of the Unknown Soldier. I thought this was really cool.
Thanks for sharing your most recent trade. TGT continues to be on the minds of many dividend bloggers out there. I guess that recent dividend raise just blew everyone away and people want to jump in at relatively depressed TGT prices.
DivHut recently posted…Century Club Dividend Stocks
Hi DivHut,
Sure, no problem. I’m glad I can update my blog whenever I make a trade. I’m really happy with that raise and I think TGT will be great for the long-term. They have some issues to overcome but that’s why the price has been depressed. I think we are getting some good entry points.
Thanks for stopping by!
3 solid buys as I own two and want to initiate on the other. COP is on a hot streak lately and good time to ride that wave as energy stocks heating up.
Asset-Grinder recently posted…New Buy $AGU Agrium. Yeah you never heard of them!
Hi Asset Grinder,
Thanks! I hope I never have to sell any of these stocks. They just keep rewarding shareholders with higher dividends each year. I know, I wished I had bought more COP before the recent run. You can’t buy everything though!
Take care!
Just added some TGT as well for very much the same reasons. I love the confidence shown by the recent 21% dividend increase.
TGT is one of only two stocks I own that currently does not hold an unrealized capital gain, KMI being the other one. I love when I’m able to dollar-cost average down on a great company like TGT.
Scott recently posted…Additional Purchases for Roth IRA: TGT and KMI
Hi Scott,
The dividend increase was awesome and a great show of confidence from management.
I’m with you on dollar-cost averaging. I had a couple energy positions that were below cost but now are slightly over after a run the last week. I’m happy to have kept buying and averaging down when I could.
Thanks for stopping by!
Hey! Great purchases! Thanks for sharing! I own UL and recently bought TGT. We all buying TGT right now… 🙂 I might buy COP one day…
Happy Healthy and Wealthy Girl recently posted…Life priorities… when it makes sense to earn and save less even if you can do more.
HHWG,
Thanks! I want to own a lot more of UL. I plan to keep adding small pieces when I can. Yeah, a lot of people are buying TGT especially after the dividend increase. I like COP but after the PSX spinoff, they aren’t as diversified as CVX for instance. I still think they will do well long-term though.
Cheers!