Wednesday, June 15, 2016

Recent Buy - Flowers Foods (FLO)

With the markets at high valuations these days it's becoming more and more difficult for me to find value in the stock market. I remember not long ago where I had to pick between several stocks which looked attractively valued but that doesn't seem to be the case these days. I did find one that I liked though and it's one I've already purchased a couple of times this year.

Early this week I purchased 64 more shares of the US baker Flowers Foods for a total of $1184.

Flowers Foods (NYSE: FLO), is a bakery which was opened by the Flowers family in 1919 and is now one of the largest producers of packaged bakery foods in the United States. FLO is the home for some of the largest brands in the business including Wonder, and Natures Own brands and is the second largest bread company in the US.

Flower Foods just announced another dividend increase of 10.3% and is expected to grow EPS by double digits again this year. I am bit bummed that I missed the ex-div date by less than a week though!



FLO Stock Chart

FLO Basic Stats
  • Ticker Symbol: FLO
  • Sector: Consumer Goods
  • Yield: 3.46%
  • Dividend Growth Streak: 10 years
  • Annualized Dividend Growth 3yr: 10.6%
  • Payout Ratio: 66%
  • P/E Ratio: 16.6 (forward)
  • Market cap:$3.75 Billion
  • Website: http://www.flowersfoods.com

FLO Financial Growth

FLO Cash Flow VS Dividend Payout


FLO Dividend Growth

Thursday, June 2, 2016

May 2016 Dividend Income Update

It's time for my May dividend update! This month I squeaked past the $300 mark once again and managed to earn $301.68 in dividend income. I didn't make any major purchases but I did manage to increase my income over last quarter by 3.1% partially due to a few dividend raises. My YOY income growth was 9% as well. My income is listed below.

On a side note, I'm really finding it hard to find value in this market. I see a few names I'm considering for my next purchase but I really don't have anything that I want to buy with any conviction to be honest. Well see what happens.

May Purchases
  • Compass Minerals (CMP) - 14 Shares @ $76.75
May Dividend Increases
  • WGL Holdings (WGL) - From .468 to .488 (+4.2%)
  • General Mills (GIS) - From .44 to .46 (+4.5%)
  • Proctor & Gamble - From .663 to .67 (+1.0%)
  • People's United Financial - From .168 to .17 (+1.1%)
May Dividend Income
  • AT&T (T) - $108.00
  • WGL Holdings (WGL) - $32.18
  • General Mills (GIS) - $35.88
  • Clorox (CLX) - $14.63
  • Realty Income (O) - $19.90
  • Peoples United Financial (PBCT) - $37.91
  • Proctor & Gamble (PG) - $22.76
  • Tompkins Financial (TMP) - $19.80
  • Powershares Muni Bond ETF (PZA) - $10.60
Total Dividends May 2016: - $301.68



Wednesday, May 18, 2016

Recent Buy - Compass Minerals (CMP)

Earlier this week I added to my position in Compass Minerals (CMP). CMP is one of the smallest companies in terms of market cap that I have in my portfolio and it is also one of the smallest in terms of portfolio weight. CMP has been beaten down a bit after the mild winter hurt their salt sales so I decided to buy some more shares here.

Compass Minerals produces salt, plant nutrients and magnesium chloride for distribution primarily in North America. CMP also provides secure records storage in a retired mine in the U.K. Products from Compass Minerals serve a variety of applications in industrial, agricultural, commercial and consumer markets.

If you want a nice analysis of CMP be sure and check out Simply Safe Dividend's article here.

I bought 14 Shares of CMP @ $76.75 for a total of $1074.50

CMP Stock Chart


CMP Basic Stats
  • Ticker Symbol: CMP
  • Sector: Materials
  • Yield: 3.6%
  • Dividend Growth Streak: 12 years
  • Annualized Dividend Growth 3yr: 10%
  • Payout Ratio: 61%
  • P/E Ratio: 17.2
  • Market cap: $2.5 Billion
  • Website: http://www.compassminerals.com

CMP Dividend Growth

Wednesday, May 4, 2016

April 2016 Dividend Update

It's April dividend update time! It was a record breaking month for dividend income as I earned $372.52 in dividends! This is a 33% improvement over last years April income total and higher than last quarter as well. This doesn't even include the special dividend that was made by Glaxo Smith Kline.  I love seeing my dividend income grow each quarter, and with recent dividend increase announcements from the likes of Pepsi and Johnson & Johnson that trend looks to accelerate even more! My dividend income is listed below.

 April Purchases
  • Cullen/Frost Bankers (CFR) - 18 Shares @ $61.49
April Dividend Increases
  • Coca-Cola (KO) - From .33 to .35 (+6%)
  • Walmart (WMT) - From .49 to .50 (+2%)
April Dividend Income
  • Coca-Cola (KO) - $21.35
  • New Jersey Resources (NJR) - $85.20
  • Walmart (WMT) - $43.50
  • Kraft/Heinz (KHC) - $24.73
  • Realty Income (O) - $19.90
  • Phillip Morris (PM) - $14.28
  • Altria (MO) - $53.68
  • Cisco (CSCO) - $9.62
  • Glaxo Smith Kline (GSK) - $43.93
  • Hatteras Financial (HTS) - $24.75
  • Powershares Muni Bond ETF (PZA) - $11.12
  • Sysco (SYY) - $20.46
Total Dividends April 2016: - $372.52