Ahh, shopping. All my life I have loved shopping. Now that I am semi responsible, I now shop for stocks to buy. It provides me a source of passive income and a sense of accomplishment knowing I am one day closer to being financially independent.
February was a strange month. We started with a major challenge finding stocks of value, to seeing the market tank from Coronavirus fears. I also made a great looking bacon burger with cheese sauce..
Most all of my buying was in the earlier part of the month, so I did not have much to spend when the bargains were available. Oh well.
I spent $1,734 for the shares below. The purchases added $51.20 to my annual dividend income. That's a 2.9% return on average. Along with dividend increases, I gained $171.06 in annual income.
Here's what I got.....
I mainly focused on making purchases in the companies I spent money at. That's part of my goal I posted about earlier back in August. Get back what I spent... I want to make my purchasing power go further...
That's why I got shares in AT&T, Target, Bed Bath and Beyond, and Home Depot. I will continue this as the year goes on, but will balance it out with other purchases.
I did start some positions in companies that I have had an eye on for a while: All grow dividends at a good clip and are undervalued at this time.
IPG (Interpublic Group) is a media is a worldwide advertising and marketing company. Their dividend is over 4% and raided it by 16% over the past 5 years. I needed more exposure in this sector.
WU (Western Union) is the well known payment services company. Their dividend has been rising at a 12.47% clip over the past 5 years and have a 36% payout ratio. Room to grow.
MCBC (Macatawa Bank Corp) is a 27 branch Michigan Bank that has been growing its dividend at a 31.95% clip over the past 5 years and its payout ratio is still in the low 30% range. Lots of room to grow!
MS (Morgan Stanley) came on my radar after it took a huge dip when it purchased E-Trade this month. It became a great bargain and has solid numbers. Over the past 5 years, it has grown it's dividend 28.47%. Wow.
BOH (Bank of Hawaii) is another one at a great value with a P/E of 13. I love everything Hawaiian...
DK (Delek Holdings) is a small cap downstream energy company that pays a huge dividend. They refine gasoline, has some pipelines, and run 279 convenience stores in Texas and New Mexico. They sell gas as 7-11 and Alon brand names. Their P/E was at a bit over 5 and I could not resist.
February was a strange month. We started with a major challenge finding stocks of value, to seeing the market tank from Coronavirus fears. I also made a great looking bacon burger with cheese sauce..
Most all of my buying was in the earlier part of the month, so I did not have much to spend when the bargains were available. Oh well.
I spent $1,734 for the shares below. The purchases added $51.20 to my annual dividend income. That's a 2.9% return on average. Along with dividend increases, I gained $171.06 in annual income.
Here's what I got.....
|
Ticker |
Date |
QTY |
Price
|
Total
|
DIV INC / Yr |
YIELD |
|
HD |
02/05/20 |
3 |
$237.3615 |
$712.08 |
$16.32 |
2.31% |
|
TGT |
02/11/20 |
3 |
$115.7024 |
$347.11 |
$7.92 |
2.26% |
|
BBBY |
02/11/20 |
1 |
$14.7161 |
$14.72 |
$0.68 |
4.76% |
|
IPG |
02/24/20 |
4 |
$23.8969 |
$95.59 |
$4.08 |
4.18% |
|
WU |
02/24/20 |
4 |
$25.1750 |
$100.70 |
$3.60 |
3.49% |
|
MCBC |
02/24/20 |
10 |
$10.5400 |
$105.40 |
$3.20 |
2.99% |
|
MS |
02/24/20 |
2 |
$49.7760 |
$99.55 |
$2.80 |
2.67% |
|
BOH |
02/24/20 |
1 |
$87.0900 |
$87.09 |
$2.68 |
3.00% |
|
DK |
2/28/20 |
8 |
$21.5521 |
$172.42 |
$9.92 |
6.09% |
|
|
|
|
|
|
|
|
|
TOTALS |
|
|
|
$1,734.66 |
$51.20 |
2.95% |
I mainly focused on making purchases in the companies I spent money at. That's part of my goal I posted about earlier back in August. Get back what I spent... I want to make my purchasing power go further...
That's why I got shares in AT&T, Target, Bed Bath and Beyond, and Home Depot. I will continue this as the year goes on, but will balance it out with other purchases.
I did start some positions in companies that I have had an eye on for a while: All grow dividends at a good clip and are undervalued at this time.
IPG (Interpublic Group) is a media is a worldwide advertising and marketing company. Their dividend is over 4% and raided it by 16% over the past 5 years. I needed more exposure in this sector.
WU (Western Union) is the well known payment services company. Their dividend has been rising at a 12.47% clip over the past 5 years and have a 36% payout ratio. Room to grow.
MCBC (Macatawa Bank Corp) is a 27 branch Michigan Bank that has been growing its dividend at a 31.95% clip over the past 5 years and its payout ratio is still in the low 30% range. Lots of room to grow!
MS (Morgan Stanley) came on my radar after it took a huge dip when it purchased E-Trade this month. It became a great bargain and has solid numbers. Over the past 5 years, it has grown it's dividend 28.47%. Wow.
BOH (Bank of Hawaii) is another one at a great value with a P/E of 13. I love everything Hawaiian...
DK (Delek Holdings) is a small cap downstream energy company that pays a huge dividend. They refine gasoline, has some pipelines, and run 279 convenience stores in Texas and New Mexico. They sell gas as 7-11 and Alon brand names. Their P/E was at a bit over 5 and I could not resist.
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