Monday, December 15, 2014

Recent Buy - GlaxoSmithKline (GSK)

Wow the markets have been taking a beating here lately and there's some stocks out there looking pretty cheap. The market volatility coupled with some troubling company headwinds are hitting some stocks extra hard. GSK is certainly not immune to such troubles as the stock has been suffering from slowing sales, job cuts and skepticism about the Novartis deal. Rumors about a takeover are looming but nothing more than rumors at this point. All of this has pulled the stock down to the low $40's and a juicy near 6% yield so I thought I'd average down a bit here.

I have a feeling I may make another purchase this month and I have my eye on a few names including IBM, BBL, T, KMI, CVX, and XOM. Hopefully Santa is good to me so I can get some shares while there's a fire sale! :-o

I purchased 29 shares of GlaxoSmithKline (GSK) @ $42.39

GlaxoSmithKline plc (GSK) is a British multinational pharmaceutical, biologics, vaccines and consumer healthcare company which has its headquarters in Brentford, London. As of March 2014, it was the world's sixth-largest pharmaceutical company. GSK is engaged in the creation and discovery, development, manufacture and marketing of pharmaceutical products, including vaccines, over-the-counter (OTC) medicines and health-related consumer products. GSK’s principal pharmaceutical products include medicines in therapeutic areas: respiratory, anti-virals, central nervous system, cardiovascular and urogenital, metabolic, antibacterials, oncology and emesis, dermatology, rare diseases, immuno-inflammation, vaccines and human immunodeficiency virus (HIV). The Company operates in three primary areas of business: Pharmaceuticals, Vaccines and Consumer Healthcare.

GSK Stock Chart


 

GIS Basic Statistics

  • Ticker Symbol: GSK
  • PE Ratio: 14.3
  • Yield: 5.94%
  • Payout Ratio: 90%
  • Market cap: $99b
  • Beta: 0.86
  • Website: http://www.gsk.com


GSK Dividend Growth


Note the crazy dividend is due to currency fluctuations but the trend is upwards at around 6.5% in the past 5 yrs.

Monday, December 1, 2014

Recent Buys From Fellow Dividend Investors (November)

It's been a while since I did my last roundup of recent stock purchases from fellow bloggers so I thought now was a good time to do another especially after Dividend Elephant reminded me about it. I figured that this time around would be particularly interesting with energy stocks reaching some attractive valuations. This time around I tracked recent purchases from 31 other dividend growth bloggers for the past month or so. Most of these bloggers can be found in my blogroll or my blog list in my right sidebar. There were dozens of purchases made and I have omitted stocks with only a single purchase. You can see the results below.






Above you can see the number of bloggers who have purchased each stock since November 1st. Multiple purchases from the same blogger are not represented.

   Without knowing anything more than just looking at this chart one might guess that something has caused energy stocks to take a beating. Clearly the price of oil dropping and the recent OPEC decision to continue oil production going has caused some weakness in the sector at least temporarily. Many investors are seeing value in oil stocks like COP, CVX and BP. This is the third roundup I've done so far and usually there is one stock that stands out but this time BBL really is head and shoulders above the rest in terms of buys recently. Investors like Dividend Mantra, Write Your Own Reality, Pollie's Dividend and Lanny at Dividend Diplomats all saw value here. I made a blog post back in August about the Top 40 Stocks held by dividend growth investors and BBL was at the very bottom of the list back then. I think that list would look quite a bit different if I did it again today.

   At the top of my last roundup was ARCP, TGT and AFL and it looks like all but TGT made the list again this time around. Also missing from this months list is KMI, GE, CLX and PG.

For more information about recent buys be sure to visit A Frugal Family's Journey for a more comprehensive list which also helped me put this together.


Full Disclosure: I currently own shares of UL, CVX, KRFT, KO, PEP, and WMT.

Saturday, November 29, 2014

November Dividend Update


It's time to report on my November dividend income and I'm pleased to announce that this is a new record month for me!  This months total was $239.56 which is a 4.9% increase over the $227.68 I earned last quarter. It was also a 19% improvement over last year in November. Can't wait till next month !

   Looking forward here to my next purchase, I haven't settled on what I'm going to buy quite yet. I know a lot of my fellow bloggers have been scooping up energy stocks after the OPEC decision came through. I may follow in their footsteps. I actually thought I was quite overweight on energy stocks but I never actually crunched the numbers to see for sure. It turns out energy is around 13% of my portfolio so I think I can still squeeze in some more purchases while there's a 'fire sale' in the sector. Right now I'm focused on a few stocks including IBM, GSK, CVX and BBL. What do you guys think ?

November 2014 Purchases
  • General Mills (GIS) - 23 shares @ $50.89
 
November Dividend Increases
  •  Kinder Morgan (KMI) - From .43 to .44 ( a 2.3% increase )
 
November 2014 Dividend Income
  • AT&T (T) - $45.08
  • General Mills (GIS) - $22.55
  • WGL Holdings (WGL) - $29.04
  • Clorox (CLX) - $14.06
  • Tompkins Financial (TMP) - $10.92
  • Reality Income (O) - $18.31
  • Proctor & Gamble (PG) - $21.88
  • Peoples United Financial (PBCT) - $36.80
  • Kinder Morgan (KMI) - $40.92

Total Dividends For November: - $239.56



Tuesday, November 18, 2014

Recent Buy - General Mills (GIS)

Wow, it seems like I just bought Unilever and here I am again purchasing another consumer giant General Mills (GIS). General Mills really needs no introduction if your like me and grew up eating Cheerios and Trix cereal. While I enjoy their cereals in the morning I really love their dividend more. Sporting a juicy dividend that's over 3% and impressive dividend growth over the past 10 years making it a dividend champion. GIS has a payout ratio around 60% which leaves some room for growth and the PE ratio is a bit over 19 but forward PE is 16.80 which is more inline with it's peers.


I purchased 23 shares of GIS at $50.89

General Mills, Inc. is an American Fortune 500 corporation, primarily concerned with food products and headquartered in the Minneapolis suburb of Golden Valley, Minnesota. The company markets many well-known North American brands, such as Betty Crocker, Yoplait, Colombo, Totino's, Pillsbury, Green Giant, Old El Paso, Häagen-Dazs, Cheerios, Trix, and Lucky Charms. Its brand portfolio includes more than 89 other leading U.S. brands and numerous category leaders around the world.

GIS Stock Chart

GIS Basic Statistics



GIS Dividend Growth