Thursday, December 17, 2015

Recent Buy - Walmart

Today I made another purchase as the markets took a beating. This time I picked up some more shares of retail giant Walmart (WMT). This allowed me to average down a bit. Sadly I was a couple weeks removed from the ex-dividend date so I'll miss next quarters dividend with these new shares.

I wanted to add a January payer and I was also considering adding to my stake in Phillip Morris (PM) or initiating a new position in Cisco (CSCO) but I thought Walmart offered a better value and I like to average down whenever possible.

I purchased 17 shares of Walmart (WMT) at $59.84


WMT Basic Statistics
  • Ticker Symbol: WMT
  • Sector: Retail
  • Yield: 3.3%
  • Dividend Streak: 40 years
  • Dividend Growth 1yr: 2.0%
  • Annualized Dividend Growth 3yr: 11%
  • Payout Ratio: 43%
  • P/E Ratio: 14
  • Market cap:$188 Billion
  • Wabsite: http://www.walmart.com


Tuesday, December 8, 2015

November Dividend Update

I finally got around to posting my November dividend update. Some of the delay was due to setting up my new computer which has been a bit of a pain but finally got it going more or less. In November the markets have been under some volatility partially due to falling commodity prices with oil leading the way down but we ended up being pretty flat for the month.

My dividend total for the month of November was $336.79 which is a 40% improvement over last year and a 9% increase from last quarter. I've made no purchases that paid this month so the reason for the big increase from last quarter was because Kraft/Heinz has moved their dividend from October to November. Without that my income would have been 1% higher QoQ due to dividend increases alone. My dividend income is listed below.

It should be noted that I have sold my shares in KMI in order to do some tax loss harvesting. As you probably know KMI has been under extraordinary selling pressure and management even decided to cut the dividend today after hours a whopping 75%. I certainly got this one wrong, and I planned on holding KMI for a long long time but as Mike Tyson said "Everyone has a plan till they get punched in the mouth" and I certainly felt like I took one on the chin here. With the proceeds of the sale I added to my stake in AT&T. I expect next quarters total to be a bit lower as a result. Stay tuned!

November Purchases
  • New Jersey Resources (NJR) - 355 Shares @ $29.70
November Dividend Increases
  • Tompkins Financial (TMP) - From .42 to .44 (+4.7 %)
  • Kraft Heinz (KHC) - From .55 to .575 (+4.5%)
  • Kinder Morgan (KMI) - From .49 to .51 (+4%)
November Dividend Income
  • AT&T (T) - $78.96
  • General Mills - (GIS) - $34.32
  • WGL Holdings (WGL) - $30.53
  • Clorox (CLX) - $14.63
  • Kinder Morgan (KMI) - $63.24
  • Realty Income (O) - $19.05
  • Proctor & Gamble (PG) - $22.54
  • People's United Financial (PBCT) - $37.35
  • Kraft Heinz (KHC) - $24.73
  • Tompkins Financial (TMP) - $11.44
Total Dividends November 2015: - $336.79