Chasing yield - STAG (50 shares, $69 dividend income)

I like high dividend yields and REITs are a good way to get it.

To that purpose, I added STAG Industrial, Inc.(NYSE:STAG) on price weakness today.

STAG Industrial, Inc. is a REIT specializing in industrial properties nationwide. The Company owned 248 buildings in 36 states with approximately 47.0 million rentable square feet, consisting of 178 warehouse/distribution buildings, 50 light manufacturing buildings and 20 flex/office buildings. (src: Reuters)

The rumored fed rate hike scheduled for september is causing all kinds of volatility in the whole sector. I think this is a good opportunity to load up on a some decent income paying REITs at discounted prices like STAG Industrial (NYSE:STAG) or Starwood Property (NYSE: STWD) which I also added recently.

STAG's 5 straight years higher dividends and fast growing revenues makes it a rising star in any income portfolio. This purchase will add $69/yr to my dividend income portfolio

Basic info:
Market CAP: 1.3B  Dividend %: ~7

Buying "garbage" - WM (15 shares, $23 dividend income)

Waste Management, Inc., (NYSE: WM) does what the name sounds, it provide waste management services. The company does garbage and recycling services for nearly 27 million residential, industrial, municipal and commercial customers in North America.

If there is one type of business that any investor can understand, it's the garbage and recycling business. Developed nations like the United States and Canada generate increasingly enormous amount of garbage and Waste Management is one of a few big companies that operate in this segment of the market. They have a big share of the recycling business and long term garbage handling contracts with local governments and cities.

Waste Management has 12+ straight years of higher dividends, positive earnings and a majority (80+%) of company shares are owned by institutions which makes it a good long term income stock.

This purchase will add $23/yr to my dividend income portfolio

Basic info:
Market CAP: 23B    EPS $2.18   Dividend: 3.2%

A falling "copper" knife - Freeport-McMoRan (FCX)

"Buy When There's Blood In The Streets" - Baron Rothschild. 

Ouch, the current turmoil in commodities (i.e. oil, gas, gold, copper, etc) is painful to watch. My holdings in this sector is down 30-70% and the bottom is nowhere in sight.

One of the biggest loser so far is Freeport-McMoRan Inc (NYSE: FCX), a natural resource company primarily in copper.

Recent slowdown and worries in China's economy has contributed to lower copper prices because they are the main consumer (~40% global demand).

Unless we see some some stability in China and global energy prices, this will continue to be a painful commodity stock holding.

Basic info:

Market CAP: 12.9B   EPS: -$6.38   Dividend %: 0.05 <== dividend cut!

Stock Purchase - added more CVX (15 shares, $64 dividend income)

“Never let a good crisis go to waste” - Winston Churchill (?)

The current world oil price situation is a good example.

Today, pricing volatility pushed Chevron (NYSE: CVX) stock price to another 52 week low and I'm almost giddy because who among us does not like a big sale. Amazon had a big sale yesterday with their Amazon Prime Day so it's only appropriate that fans of dividend stocks like myself get a chance to go discount shopping too :)

The key difference between these two shopping spree is that I'm buying an asset that will slowly appreciate and pay dividends (S&P 500 Dividend Aristocrates) for a long time while almost all the products sold on Amazon yesterday will probably be obsolete, worthless and forgotten in less than 6 months time.

Chevron's dividend yield now stand at 4.5% and that is just fantastic !
This purchase will add $64/yr to my dividend income portfolio

Basic info:
Market CAP: 184B Dividend %: 4.5

Stock Purchase - added more WPC (20 shares, $76 dividend income)

More market volatility caused by never ending Greek debt crisis and China's new Macao (namely their stock market) provided an opportunity to add to my REIT holding in W.P. Carey (NYSE: WPC).

I first bought W.P Carey in June (above $61 per share) so averaging lower below $60 makes it even better. I believe this company will continue to be profitable long term regardless of what world markets do. 18 consecutive yrs of increasing dividend (Dividend Contender on David Fish's list) is also a nice vote of confidence.

At current prices, dividend yield is approaching 6.4% so this is too good of a deal to pass up !
This purchase will add another $76/yr passive income to my dividend income portfolio

Basic info:
Market CAP: 6.6B EPS: $1.20 Dividend: 6.4%

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