Friday, June 27, 2014

Recent Buy - Piedmont Natural Gas (PNY)

Earlier this week I added to my position in Piedmont Natural Gas (PNY). Piedmont Natural Gas Company, Inc., an energy services company, engages in the distribution of natural gas to residential, commercial, industrial, and power generation customers in North Carolina, South Carolina, and Tennessee. It also operates energy-related businesses, including unregulated retail natural gas marketing, regulated interstate natural gas storage, and intrastate natural gas transportation.

I purchased another 32 shares at $36.80 which totaled $1187 and now gives me an even 100 shares of this dividend champion. Sadly I missed the ex-div date by just a few days so I'll miss out on the dividend next month from the new shares.

PNY Basic Statistics

  • Ticker Symbol: PNY
  • PE Ratio: 18.77
  • Yield: 3.5%
  • Dividend Growth 10yr: 4.8%
  • Payout Ratio: 64%
  • Market cap: $3 B
  • Website:

Sunday, June 1, 2014

Recent Buys From Fellow Dividend Investors

I follow or at least visit many other dividend growth investing blogs like mine. You can find many of them in my blogroll. Occasionally I will compile these purchases and see if any patterns appear. This time around I tracked recent purchases from 18 other dividend growth investors for the month of May. There were 54 total purchases made and I have omitted stocks with only a single purchase. You can see the results below.

It's interesting that many of the names that appeared on my last list are gone which may indicate that those stocks may not look as attractive as they were in March. Names like McDonalds (MCD) and Phillip Morris (PM) have been replaced with new stocks like Clorox (CLX) and Target (TGT). One of the new names to appear on the list for the first time is American Reality Capital Properties (ARCP) which was purchased by several bloggers including Dividend Hawk, FF Dividend and My Dividend Pipeline. ARCP is one of those names that has been on my watch list ever since I read about it on Dividend Mantra's website. Another big name this month was Aflac (AFL) which DivHut, Accumulating Assets, Dividend & Whisky, and A Frugal Family's Journey all liked.

Full Disclosure: I currently own shares of KMI, MCD, PG, and CLX.