Money and Finance
Hi Everyone,
- Recent Buys - Bank Of Nova Scotia (bns), Amgen (amgn), St Jude (stj)
Hi Everyone, Well, after our sell of Realty Income (O) we have put an additional $3K to work or a total of about $6K. First we went and bought RAI and now we have purchased BNS, AMGN and STJ! Reasoning behind all the purchases: Bank of Nova Scotia:...
- 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 Buys - W. P. Carey (wpc) & Omega Healthcare Investors (ohi)
Hi Everyone, I have been a little MIA the past couple of weeks but this summer has been extremely busy. Wedding season continues to be in full swing, lounging by the pool, playing golf (I know, not very frugal), working my butt off and overall just...
- 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 - W. P. Carey Inc. (wpc)
Hi Everyone, Well, the year has slowed down a bit with regards to buys, but the savings account has been built back up after I used them all up to pay off the student loans so hopefully I can get back to putting more money to work. With this...
Money and Finance
Recent Buy - Reynolds American Inc. (RAI)
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 17%!!! That's what I'm talking about!
Ever since the merger with LO I have been looking to buy this stock. Turns out a 22 forward PE is above average, but the synergies they should see from LO, the growth in brands, especially Newport and consistent business model is a reason for investment.
This stock rarely pulls back and I was tired of watching it go up without me being in it. I seemed to have traded one overvalued stock for another, but the growth in RAI I think will be much better than O at the current prices. We shall see how things work out. I lost just .5% in dividends as RAI is 3.5% yield and O was 4% when I sold it. Currently I have a buy order in for OHI but the stock has taken off a bit the last couple of days. If that purchase goes through, the combined dividends will be higher than what I was making for just O alone, and I cover 8 out of 12 months in the year. There is just 4 others that I would not receive a dividend like I did with O.
I'm looking for O to pull back to $55.00 before repurchasing. I will be saving cash over the next month to make sure I have some capital ready for that purchase. I love O, just not the price!
With that being said:
I purchased 42 shares of Reynolds (RAI) at $48.04. This purchase adds $70.56 of annual dividends to our account at the now current .42 quarterly dividend.
Tobacco has now become a pillar of my portfolio. With roughly $10,500 invested between PM and RAI, I think I am done with tobacco for a while unless they pull back. The REIT space in general still interests me. If I can't get OHI, then perhaps something else... What do you guys suggest???
Ever since the merger with LO I have been looking to buy this stock. Turns out a 22 forward PE is above average, but the synergies they should see from LO, the growth in brands, especially Newport and consistent business model is a reason for investment.
This stock rarely pulls back and I was tired of watching it go up without me being in it. I seemed to have traded one overvalued stock for another, but the growth in RAI I think will be much better than O at the current prices. We shall see how things work out. I lost just .5% in dividends as RAI is 3.5% yield and O was 4% when I sold it. Currently I have a buy order in for OHI but the stock has taken off a bit the last couple of days. If that purchase goes through, the combined dividends will be higher than what I was making for just O alone, and I cover 8 out of 12 months in the year. There is just 4 others that I would not receive a dividend like I did with O.
I'm looking for O to pull back to $55.00 before repurchasing. I will be saving cash over the next month to make sure I have some capital ready for that purchase. I love O, just not the price!
With that being said:
I purchased 42 shares of Reynolds (RAI) at $48.04. This purchase adds $70.56 of annual dividends to our account at the now current .42 quarterly dividend.
Tobacco has now become a pillar of my portfolio. With roughly $10,500 invested between PM and RAI, I think I am done with tobacco for a while unless they pull back. The REIT space in general still interests me. If I can't get OHI, then perhaps something else... What do you guys suggest???
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 Buys - Bank Of Nova Scotia (bns), Amgen (amgn), St Jude (stj)
Hi Everyone, Well, after our sell of Realty Income (O) we have put an additional $3K to work or a total of about $6K. First we went and bought RAI and now we have purchased BNS, AMGN and STJ! Reasoning behind all the purchases: Bank of Nova Scotia:...
- 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 Buys - W. P. Carey (wpc) & Omega Healthcare Investors (ohi)
Hi Everyone, I have been a little MIA the past couple of weeks but this summer has been extremely busy. Wedding season continues to be in full swing, lounging by the pool, playing golf (I know, not very frugal), working my butt off and overall just...
- 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 - W. P. Carey Inc. (wpc)
Hi Everyone, Well, the year has slowed down a bit with regards to buys, but the savings account has been built back up after I used them all up to pay off the student loans so hopefully I can get back to putting more money to work. With this...