Tuesday, February 26, 2013

New Purchase - KO, RDS.B, TEVA, WFC, TD


I'm reporting my automatic purchases for this week:

I bought:

$200 of KO
$200 of RDS.B
$200 of TEVA
$200 of WFC (new position)
$200 of TD (new position)

I used $1000 in new capital and added $35.99/year to my dividend income.  This is an average yield of  3.6%.

My forward 12-month dividends increased from $4454.75 to $4490.74.

Note: This is my first purchase of WFC and TD.  My portfolio weight of financials was a little lower than I liked so I decided on two new banks.  I also wanted some Canadian exposure.  My only current bank, BBVA, is more of a speculative play.
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2 comments:

  1. Dividend Mantra2/26/2013

    AAI,

    Solid purchases here!

    Great minds think alike as I recently purchased shares in KO and WFC. I actually initiated a small position in TD today, along with BNS. The Canadian banks offer a much higher starting yield than some of the major U.S. banks, albeit with likely lower dividend growth in the near-term. I'm okay with that...mixing it up a bit.

    Great job on those forward dividends. You're going to be hitting the $5k mark pretty soon. That's fantastic!

    Best wishes.

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    Replies
    1. All About Interest2/27/2013

      Hey DM,

      Indeed! We have purchased a few of the same companies. If I didn't already own BBVA giving me plenty of international banking exposure I may have picked up BNS also. I think I'll be happy with TD and WFC though. I plan to continue dolar-cost averaging on these to bring them to full positions. The reason I picked up WFC was the faster dividend growth that I expect.

      Thanks, at this pace I should be at the $5k mark by the end of May.

      Thanks for dropping by!

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