Money and Finance
Hi Everyone,
- Recent Buy - Reynolds American Inc. (rai)
Hi Everyone, Another purchase is in the books. After my sell of O, I had a decent amount of funds. RAI has pulled back just a tad off its 52 week high and the quarter looked really good. Not to mention is that they just raised the dividend...
- Selling One Of The Best Companies Of All Time...
Hi Everyone, The time has come to sell off my stake in Realty Income Corp (O). This is the first sell in my portfolio and of all the investments I have, I never would have guessed this would have been my first sell. A staple of consistency...
- Recent Buy - 3m Company (mmm)
Hi Everyone, My wife and I continue to be blessed with the way this year has shaped up. Personally, these buy posts make me hungrier than ever to keep saving, keep making money and keep investing. The income that we are starting to make every...
- Recent Buy - Parker-hannifin Corp.
Hi Everyone, I fell behind a little bit with getting this post out, but its been a busy couple weeks. This purchase actually occurred on June 6th. It looks as if I'll make another purchase here pretty quickly because of the RAI/LO merger....
- Recent Buy - Omega Healthcare Investors (ohi)
Hi Everyone, The buys keep coming! It's been a real busy start to the year and things are not slowing down. I just got a raise at work, my wife is getting a new job that could potentially earn us a fair bit more money and we recently...
Money and Finance
Recent Buy - Digital Realty Trust, Inc (DLR)
Well, like I said with the last recent buy post, things have slowed down a bit, but this month my wife and I have now managed to purchase 2 fine companies! A third purchase may come soon after this one, so stay tuned. The student loans are paid off and we are 1 wedding down out of the 7 we are attending this year. With most of the costs such as hotels and gifts paid for already hopefully we can get back to putting more money to work.
With this purchase, my wife and I have put a total of around $24,000 to work since the beginning of 2015. My goal of investing roughly $40,000 is coming ever so close! Greater than half way to our goal with still more than half the year left to go... pretty sweet! I'm sticking with the REIT theme as they are still depressed due to potential rate hike increases so with that being said, my next purchase was Digital Realty Trust, Inc (DLR)...
With this purchase, my wife and I have put a total of around $24,000 to work since the beginning of 2015. My goal of investing roughly $40,000 is coming ever so close! Greater than half way to our goal with still more than half the year left to go... pretty sweet! I'm sticking with the REIT theme as they are still depressed due to potential rate hike increases so with that being said, my next purchase was Digital Realty Trust, Inc (DLR)...
We purchased 30 shares of Digital Realty (DLR) at $66.50. This purchase adds $102.00 of annual dividends to my account.
We now own 30 shares of DLR as this was a new addition which means we are invested in 35 individual companies. We may add to this position in the future if the REIT's stay depressed or we may add to other REIT companies. With recent dividend increases, dividend reinvestment and this new position, our forward dividends now stand at around $4,195.48 for the next 12 months. Our portfolio will be updated to reflect this purchase.
DLR Chart:
Statistics:
P/E: 13.5 (based on FFO)
Yield: 5.10%
Market Cap: 9.0B
Dividend Growth Rate (5yr): 5%
Payout Ratio: 70% of FFO
I've noticed a bunch of other bloggers picking up REIT's recently so count me in with the crew. Digital Realty fills another need within my REIT portion of my portfolio. Currently, we have O, OHI, WPC and now DLR with regards to REIT's. O has a very diversified tenant base with well known companies such as Walgreens, Fedex and Dollar General as their top three. OHI satisfies the aging demographic in the United States by owning nursing facilities. WPC gives us more diversification into the international REIT space and now, DLR gives us a technology component to our REIT portion of our portfolio. DLR invests heavily into buildings that support managing big data/cloud businesses. Think of companies like AMZN or IBM needing facilities that can support their servers and DLR is that facility holder. DLR also has some financial and retail customers as well so they are diversified a little bit there.
My wife and I are looking to buy Parker-Hannifin next. They are looking particularly attractive right now but I will be getting a post together discussing the other picks we are looking at such as: OHI, MO, GLP, DPS, DE, T and BA. And hopefully letting you readers get to pick what we should buy next!
You can check out all the other purchases we have made for the year on my Stock Purchases and Sells page.
My wife and I are looking to buy Parker-Hannifin next. They are looking particularly attractive right now but I will be getting a post together discussing the other picks we are looking at such as: OHI, MO, GLP, DPS, DE, T and BA. And hopefully letting you readers get to pick what we should buy next!
You can check out all the other purchases we have made for the year on my Stock Purchases and Sells page.
So there you have it, the next building block on the path to the American Dividend Dream! What do you think, good purchase, bad purchase? What are you looking to buy next?
ADD
- Recent Buy - Reynolds American Inc. (rai)
Hi Everyone, Another purchase is in the books. After my sell of O, I had a decent amount of funds. RAI has pulled back just a tad off its 52 week high and the quarter looked really good. Not to mention is that they just raised the dividend...
- Selling One Of The Best Companies Of All Time...
Hi Everyone, The time has come to sell off my stake in Realty Income Corp (O). This is the first sell in my portfolio and of all the investments I have, I never would have guessed this would have been my first sell. A staple of consistency...
- Recent Buy - 3m Company (mmm)
Hi Everyone, My wife and I continue to be blessed with the way this year has shaped up. Personally, these buy posts make me hungrier than ever to keep saving, keep making money and keep investing. The income that we are starting to make every...
- Recent Buy - Parker-hannifin Corp.
Hi Everyone, I fell behind a little bit with getting this post out, but its been a busy couple weeks. This purchase actually occurred on June 6th. It looks as if I'll make another purchase here pretty quickly because of the RAI/LO merger....
- Recent Buy - Omega Healthcare Investors (ohi)
Hi Everyone, The buys keep coming! It's been a real busy start to the year and things are not slowing down. I just got a raise at work, my wife is getting a new job that could potentially earn us a fair bit more money and we recently...