Wednesday, August 16, 2017

Recent buy: HD, ITW, MA ...

Today I shares in the following companies:

HD - Home Depot - $2436
ITW - Illinois Tool Works - $559
MA - Mastercard - $397
GIS - General Mills - $230
HRL - Hormel - $206
CL - Colgate Palmolive - $143

More shares in my portfolio equals more dividends! What I try to do is continue to add every month no matter if the amounts are small or big. At the least each contribution I do will increase the future passive income I will receive.

9 comments:

  1. Hi YD, very nice additions. These are all strong companies, so hard to go wrong there. I own ITW and HRL as well. BTW, I enjoy all your tables/charts/graphs... keep up the good work.

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  2. You purchased additional shares of $HD again even you just added like couple of weeks ago? What was your justification for that purchase? Also, I see you bought $MA shares. I like it but it has gone way up too far that I am reluctant about buying those for the time being.

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    1. HD announced really good earnings. I decided to add more. They have a moderate dividend and increase it at a high pace. The payout ratio is quite safe as well.

      When I bought MA and V shares a long time ago I said the same thing. They are always so expensive. But that's because they grow very fast. I look at future earnings and dividends when I buy V and MA so the P/E ratios you see today are not really relevant for me.

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    2. He's continuing to load up on high quality dividend payers. Happy to own four of the names mentioned above.

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    3. Young - good point... By the way, may I ask which brokerage do you use?

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    4. I use Merrill Lynch. One of the best brokerage around I can find in terms of commissions. If you have a certain number of cash or stock positions you get either 30 free trades a month or 100 free trades a month.

      -YD

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  3. MA has gone up in more a less a straight line since it IPO'd. Almost anytime you buy it, its going to be at or near an all time high. That's what this stock does...slowly goes up, and up, and up...In 2020, you'll probably see MA at $200 a share, and then the $130 price will look like a steal.

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  4. Are you looking to add $SJM or $HRL given their PPS have significantly gone down? Just wondering... This is one of my favorite dividend blogs. I will say you have established mostly a nice recession resistant portfolio! Keep up with this site!

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    1. It looks like they had a bad miss which could be a one time thing. For me I would need these shares to be cheaper with a higher yield to justify the lack of growth. A 2.5%+ yield for HRL and a 3%+ for SJM looks good. For me now the yield is too low right now.

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