Stock Purchase - NYCB (50 shares, $34 dividend income)

New York Community Bancorp, Inc. (NYSE: NYCB) is a bank holding company serving New York and New Jersey area with branches in Florida, Arizona, and Ohio.

Stock Purchase - HCP (25 shares, $56 dividend income)

HCP, Inc. (NYSE: HCP) is a REIT that specializes in the healthcare sector such as senior housing, life science, medical office, hospital and skilled nursing. 

The much anticipated fed rate hike has been weighing heavily on the whole REIT sector and this is providing an excellent opportunity to buy some well run companies at discount prices. No one knows how low stock prices for these companies may go and I am not trying to time the bottom. I do know and am confident in the longer term, it will not matter much as the dividend income generated by this investment is worth the risks. 

HCP is a member of the coveted S&P 500 dividend aristocrates, companies that have increased their dividend payouts for 25 consecutive years. With the nation's population living longer and millions of the baby boomer generation retiring, the need for healthcare services will be strong for many years to come. HCP business will thrive in this future and I want to own a piece of it.

This purchase will add $56/yr to the dividend income portfolio

Basic info:

Market CAP: 15B   EPS: $0.50   Dividend: $2.26 (6.14%)

Debt to GDP Ratio %

2015 Southeast Asian haze

Buying Cheap Stuff - Walmart (10 shares, $19 dividend income)

Walmart is one of the world's largest chain of brick and mortar discount department stores with 2+ million employees. I do not know a state or any decent size town in the US which does not have a Walmart store in its vicinity and prices at all their stores are very competitive by most retail standards.

However in recent years especially with the popularity of online only stores and free shipping, it has been increasingly challenging for this retail giant to compete effectively. Their cost of doing business has increased especially with worker compensation increases and tighter profit margins from increased competition such as Target, Costco and Amazon.

I believe the retail sector is big enough to support a few major players in both the online and brick & mortar space and Walmart will slowly transition to find a balance in both medium. Currently it is at its 52-week low which makes it an attractive dividend payer of 3.4% with a good chance of appreciation. I'm adding some shares here and will wait for their company business to turn around while collecting decent steady dividends.

Related Market Commentary: Market still not giving Walmart enough credit (Morning Star)

This purchase will add $19/yr to the dividend income portfolio

Basic info:

Market CAP: 185B   EPS: $4.79   Dividend: $1.96 (3.41%)

 

October is Dangerous

Stock market in a picture...

Buying Insurance - ORI (80 shares, $59 dividend income)

The market volatility (Dow -470pts ) on this 1st. day in Sept provided a lower entry to buy another Dividend Aristocrate for my income portfolio.

Old Republic International Corporation (NYSE: ORI) is one of the nation's 50 largest publicly held insurance organizations serving commercial, industrial and financial sectors.

This purchase will add $59/yr to the dividend income portfolio

Basic info:

Market CAP: 4B   EPS: $1.24   Dividend: $0.74 (4.71%)

Buying Safe (Sleep Well At Night) Income - Procter & Gamble (20 shares, $53 dividend income)

Current worldwide stock market turmoil provided a nice opportunity to own a few shares of Procter & Gamble (NYSE: PG) at discounted prices.

Procter & Gamble is a American multinational consumer goods company with brands in pet food, cleaning agents, and personal care products among many other household items. They own a big segment of household brands used daily by millions of consumers in the US and worldwide.

If China's economy is slowing down or if we go into a recession, consumers will still continue to use and need these products. Procter & Gamble will continue to thrive and return steady dividends to shareholders. This is a stable and safe (sleep-well-at-night) stock for long term investors.

This purchase will add $53/yr to the dividend income portfolio

Basic info:
Market CAP:185B     EPS:$3.04    Div Yield:3.80% 

Sell or Buy !?