Recent Stock Purchase April 2018

I can’t believe it’s been over a month since my last buy was made, but, if you have been following my blog for some time you know at least one buy is coming every calendar month. With one week left in April I decided to deploy some fresh capital into a market that has been very, very generous as of late in terms of giving us much better buying opportunities in many “name brand” stocks that have been previously deemed untouchable because of low yields, high valuations and relatively speaking, high prices. What a difference a couple of months can make. You all know the names, The Clorox Company (CLX), Colgate-Palmolive Company (CL), The Procter & Gamble Company (PG), PepsiCo, Inc. (PEP), Philip Morris International Inc. (PM), General Mills, Inc. (GIS), The Kraft Heinz Company (KHC), General Electric Company (GE), Caterpillar Inc. (CAT), 3M Company (MMM), every health REIT but specifically HCP, Inc. (HCP), Welltower Inc. (WELL), Ventas, Inc. (VTR), LTC Properties, Inc. (LTC) and many utilities like Dominion Energy, Inc. (D), The Southern Company (SO) and PPL Corporation (PPL) have all been decimated in 2018. Just go back a year or so and these stocks were all riding high compared to what we’re seeing today. Of course, seeing these major declines should whet anyone’s long term buy outlook and being a dividend centric investor I’m excited to be buying into some great stocks that are sporting yields close to or well above 4%. With that being said and sticking to my April stock considerations:

 

I have added to my taxable account 8.0358 shares at $99.55 for a total investment of $799.96 in Kimberly-Clark Corporation (KMB). With this recent purchase my taxable account holdings in KMB now totals 52.2068 shares with a market value of $5,194.58. I also hold 7.5504 shares with a market value of $751.49 in my ROTH account.

 

What do you think about my recent buy? Are you looking at any of the beaten staples, utilities, industrials or REITs? Please let me know below.

 

Disclosure: Long CLX, CL, PG, PEP, PM, GIS, KHC, GE, CAT, MMM, HCP, WELL, VTR, LTC, D, SO, KMB

32 thoughts on “Recent Stock Purchase April 2018

    • Hi vivivanne,

      There is a lot to like about KMB long term which is why seeing it under $100 caused me to pull the trigger and add more to my portfolio. Nice yield too 🙂

  1. Good price on KMB under $100. Started small stake in 3M at $199.46 who ended day down at 6.8%. Will add more if continues to drop.

    • Hi Phylliss,

      Buying quality stocks when they go on sale can be a good strategy. Sometimes it’s tough to pull the trigger on a losing stock but over the long haul they should produce nicely.

  2. Great minds think a like as the saying goes Keith. I added to KMB last Friday at $102.91. Unfortunately, I was a couple days early to the party. I was holding out for 4% yield at $100, but got anxious. It won’t matter in the long run.

    Philip Morris is really tempting to me now. I have not added to it in a long time and it has just been hammered. Realty Income also looks nice in the high 40’s again. Lots of new options like you mention. Last year I bought very little and now so many more attractive options, but like you I like to purchase consistently over time. I don’t want to get overly excited we may go lower.
    Tom @ Dividends Diversify recently posted…The New Millionaires | Introduction | Part 2My Profile

    • Hi DD,

      I have been early to many parties myself but it doesn’t bother me as I reinvest all dividends and often average down my cost with future lower buys. No doubt we have many choices these days when it comes to buying quality stocks. A lot of great names are on sale. Can’t forget the REITs and utilities either.

    • Hi Passivecanadianincome,

      The trigger for KMB seems to be that $100 mark. As soon as it dipped below that level it caught the eye of many DGI people.

    • Hi DG,

      KMB is a staple among most DGI portfolios you see online. I think there is good reason for that. It’s been with me since I went the DGI route and I have no plans to sell it for the foreseeable future.

    • Hi MR,

      If you plan to make KMB a long term hold you can always average down, reinvest those dividends and slowly lower your cost basis. Believe me, there are many times I have come early to the party too.

  3. Ditto! I’ve been building my stake in KMB as well. I’ve also recently initiated a position in KHC. I hope to pick up some shares in a few of the other names you’ve identified as well if prices continue to hang out where they are currently, or better yet, fall lower!

    • Hi PIV,

      That’s a general rule I like to follow… buy when prices are falling. It’s impossible to know where the exact bottom is for any stock but as long as you can buy quality at better prices values and yields why not nibble?

    • Hi Doug,

      We have been waiting for a long, long time to see better prices, values and yields in the staples and now in 2018 we finally have them. Why not take advantage of a sector that’s in trouble?

    • Hi MD,

      I know others have been looking at KMB when it hit the magic $100 price point. Seems like that was a trigger to pick up some shares for many. The staples in general are still pretty beaten down even in June.

    • Hi DP,

      Like you I am also a long time fan of KMB. Input costs may change, people may opt for generic products here and there, the economy might slow down but the bottom line is that KMB seems to adjust well over the many decades in operation.

    • Hi PIG,

      Travel to Cuba is an experience worth having and one could argue more than missing a dip in KMB. The beauty of stock market investing is that in time you will always get another chance to buy a dip. Cuba sounds like fun!

    • Hi ED,

      For the last several months it really has been all about the staples. It’s been a tough 2018 so far and many names like KMB, PG, CLX, PEP, GIS and more have taken it on the chin. KMB has been with me since the beginning and I plan to keep it for the foreseeable future.

Leave a Comment

CommentLuv badge