Money and Finance
Hi Everyone,
- Recent Buy - Hcp Inc. (hcp)
Hi Everyone, Another building block to the American Dividend Dream has been bought. This time, a little bit smaller of a purchase than some of the previous ones but a purchase nonetheless. Just a quick post tonight. I just want to get the...
- 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...
- Recent Buy - Dover Corp (dov)
Hi Everyone, February is half way over and I put quite a good bit of money to work in the past week. The only way to get closer to the American Dividend Dream is to keep buying high quality companies and letting the portfolio compound for years...
Money and Finance
Recent Buy - W. P. Carey Inc. (WPC)
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 purchase, my wife and I have put a total of around $22,000 to work since the beginning of 2015. My goal of investing roughly $40,000 is within sight! To think that we are more than half way to our total is a great feeling since we are just 4 months into the year. The market continues to stay at elevated levels but there was some recent weakness in REIT's so with that being said, my next purchase was W.P. Carey Inc. (WPC)...
I purchased 32 shares of W.P Carey (WPC) at $64.25. This purchase adds $121.92 of annual dividends to my account.
I now own 32 shares of WPC as this was a new addition which means I am invested in 34 individual companies. I may add to this position in the future, or I might just let the position compound for years to come, either way I'm happy. Forward dividends now stand at around $4,079.47 for the next 12 months. The portfolio will be updated to reflect this purchase.
WPC Chart:
Statistics:
P/E: 14 (based on FFO)
Yield: 5.95%
Market Cap: 6.7B
Dividend Growth Rate (10yr): 7.5%
Payout Ratio: 83.5% of FFO
I've noticed a bunch of other bloggers including dividend mantra and dividend pipeline picking up this company so its nice to know I'm in good company. They are quite diversified and give me a lot of international exposure which I needed with regards to my REIT portion of my portfolio.
You can check out all the other purchases I have made for the year on my Stock Purchases and Sells page.
You can check out all the other purchases I 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?
- Recent Buy - Hcp Inc. (hcp)
Hi Everyone, Another building block to the American Dividend Dream has been bought. This time, a little bit smaller of a purchase than some of the previous ones but a purchase nonetheless. Just a quick post tonight. I just want to get the...
- 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...
- Recent Buy - Dover Corp (dov)
Hi Everyone, February is half way over and I put quite a good bit of money to work in the past week. The only way to get closer to the American Dividend Dream is to keep buying high quality companies and letting the portfolio compound for years...