Feb 26, 2016
Stock Purchase - B&G Foods Inc. (50 shares, $72 div income)
B&G Foods, Inc. (NYSE: BGS) manufacture, sell and distribute branded shelf-stable foods across the United States, Canada and Puerto Rico.
BGS's business is easy to understand so I'm adopting the "Invest in what you know" - Peter Lynch model of investing here. Their stock price has been steadily climbing while business has been growing together with recent dividends increases. They have at least 5+ yrs of consistent dividend growth and hopefully this growing company will keep those returns coming for many more years to come.
Among their well known brands are Static Guard and Kleen Guard.
BGS's business is easy to understand so I'm adopting the "Invest in what you know" - Peter Lynch model of investing here. Their stock price has been steadily climbing while business has been growing together with recent dividends increases. They have at least 5+ yrs of consistent dividend growth and hopefully this growing company will keep those returns coming for many more years to come.
This purchase will add $72/yr to the dividend income portfolio
Basic info:
Market CAP: 2B EPS: $1.25 Dividend: $1.68 (4.3%)
Feb 20, 2016
Jan 15, 2016
Stock Buy - Royal Bank (25 shares, $56 div income)
With a strong US dollar today, I went shopping in Canada and I think I got a good deal, eh ?
Royal Bank of Canada (NYSE:RY) is the largest financial institution in Canada serving 18 million clients with 80,000+ employees worldwide.
Royal Bank operates in one of the safest banking system in the world. However it currently trades at a discount due to potentially outstanding loans exposed to the oil and gas sector especially in the province of Alberta. Eventually oil price will recover and the economy there will improve. In the meantime, I will wait patiently and collect that solid 4.8% dividend yield.
This purchase will add $56/yr to the dividend income portfolio
This purchase will add $56/yr to the dividend income portfolio
Basic info:
Market CAP: 72B EPS: $4.60 Dividend: $2.24 (~4.80%)
Jan 12, 2016
Jan 8, 2016
Stock Purchase - Iron Mountain (50 shares, $77 div income)
Iron Mountain (NYSE:IRM) is a REIT involved in the storage and information management business with more than 156,000 customers throughout North America, Europe, Latin America, and Asia. They store valuable historical artifacts, cultural treasures, business documents and medical records in various secure facilities worldwide.
With a respectable dividend streak of 6 years, Iron Mountain is an attractive stock pick for income investors looking for decent yields. Recent market volatility provided a nice lower entry point to add this stock so hopefully this will pay off even more longer term.
With a respectable dividend streak of 6 years, Iron Mountain is an attractive stock pick for income investors looking for decent yields. Recent market volatility provided a nice lower entry point to add this stock so hopefully this will pay off even more longer term.
This purchase will add $77/yr to the dividend income portfolio
Basic info:
Market CAP: 5.5B EPS: $0.60 Dividend: $1.97 (7.18%)
Dec 31, 2015
2015 Winner & Loser (My Stock Picks)
My best 2015 pick is Starbucks (NASDAQ : SBUX) (+40%).
I hope the coffee/beverage business will continue to perform and make 2016 another "Grande" year !
My worst 2015 pick is Seadrill (NYSE: SDRL) (-80% to date OUCH !).
I crossing all my fingers and toes that the energy sector improves somewhat in 2016 !? :)
I hope the coffee/beverage business will continue to perform and make 2016 another "Grande" year !
My worst 2015 pick is Seadrill (NYSE: SDRL) (-80% to date OUCH !).
I crossing all my fingers and toes that the energy sector improves somewhat in 2016 !? :)
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