Recent Stock Purchase II October 2018

Are you enjoying October yet? Markets rocket higher only to drop the next day. The DOW swinging by hundreds of points seemingly on a whim without any justification. The talking heads speak of all the market troubles on down days and are surprisingly positive and jubilant on up days. What gives? Personally, with what’s going on I feel very, “Eh.” Don’t care too much about these wild gyrations. As you know, I’ll keep doing more of the same which is buy quality dividend stocks and enjoy some extra high yield because of lower prices. As we all know by now, timing the market is impossible. Knowing the bottom is a game that cannot be won and, so, I take comfort in my dividends knowing that we’ll continue to drop or march higher but those dividends will still be rolling into my account. With that being said, let’s take a look at my second tranche of October buys.

 

I have added to my taxable account 7 shares at $107.23 for a total investment of $750.61 in Kimberly-Clark Corporation (KMB). With this recent purchase my taxable account holdings in KMB now totals 64 shares with a market value of $6,593.92.

 

I have added to my taxable account 8 shares at $84.77 for a total investment of $678.16 in AbbVie Inc. (ABBV). With this recent purchase my taxable account holdings in ABBV now totals 150 shares with a market value of $12,147.00.

 

I have added to my taxable account 6 shares at $109.88 for a total investment of $659.28 in PepsiCo, Inc. (PEP). With this recent purchase my taxable account holdings in PEP now totals 35 shares with a market value of $3,890.25.

 

I have added to my ROTH account 5 shares at $84.67 for a total investment of $423.35 in AbbVie Inc. (ABBV). This is a new holding in my ROTH.

 

I have added to my ROTH account 4 shares at $109.93 for a total investment of $439.72 in PepsiCo, Inc. (PEP). With this recent purchase my ROTH account holdings in PEP now totals 20 shares with a market value of $2,220.80.

 

In all, $2951.12 of fresh cash was put to work in my dividend income portfolios. In hindsight, did I buy too early? I guess so. Prices are even more attractive today. Who could know what tomorrow brings? After all, I started down the DGI path in late 2007. Historically, not a good time to start building up a stock portfolio as we all know what transpired in 2008/09. Even though I saw my portfolio get trashed over the next few years my dividend income still continued to roll in and, more importantly, grow on a year over year basis ever since. See, it’s impossible to time any purchase correctly but the one saving grace about DGI is that we’re able to utilize time in the market to generate an ever increasing passive dividend stream no matter what the market is doing on a daily, weekly or monthly basis.

 

We used to complain about not finding any good values in the market but these days it seems like a lot of great companies are going on sale. What do you think about my current buys and what are you buying? I’d love to purchase many more stocks but looks like I’m tapped out for October. See you in November!

 

Disclosure: Long KMB, ABBV, PEP

36 thoughts on “Recent Stock Purchase II October 2018

    • Hi R2R,

      Steady indeed. Every month fresh capital continues to be deployed and those extra dollars put to work only enhances future passive income streams. Thank you for commenting.

    • Hi MR,

      ABBV continues to be a name that many like even this month. I think it’s important to try and take advantage of unusually high yields when they come and after a rocky October many are still trading at compelling levels this month.

  1. Hi DivHut,
    You are absolutely killing it in October and are using this recent turbulence in the market very nicely! I don’t share any of the above companies but all three of them are solid dividend payers. Nice work and let’s hope that market keeps presenting those opportunities.
    BI

    • Hi BI,

      Thanks for that vote of confidence. Seeing so many stocks I love long term trading at unusually high yields was too much for me to ignore so I nibbled across the board in several names. Long term I think they should all serve me well.

  2. Not knowing what the market will do you bought at the right time. Some bargains out there and you grabbed some good deals. I’ve actually gotten ABbv recently. You had some good buys, and will end up happy
    Doug recently posted…October 2018 buysMy Profile

    • Hi Doug,

      I always say it’s impossible to know the bottom of any stock price so why not nibble when the metrics flash green which is what I did. Long term I think these buys should serve me well. As always, I appreciate your comment.

  3. Keith,

    Great buys at a dip. I was looking at ABBV today I may add more shares here with some significant dip of late. I concentrating in add shares at different company in my portfolio. Each day the gyrations presents a different opportunity to add more shares at discount of late so will keep on adding shares here and there

    Cheers
    Dividend Pursuit
    Dividend pursuit recently posted…Dividend Pursuit FundMy Profile

    • Hi DP,

      October was a crazy month to say the least. As you stated you have to keep adding shares here and there and take advantage of those dips when they come. We’ll see if November is as wild. Thank you for commenting.

    • Hi Passivecanadianincome,

      ABBV continues to be liked by many this month too. It’s been beaten down so hard and that yield is too high to ignore. Though I have a lot I still might buy more in November.

    • Hi PIV,

      I think many would like to see PEP move much lower but I don’t see it getting to that level barring some major miss on their part coupled with a major stock market sell off. In the meantime, it still trades at a historically high yield that’s safe which is why I bought.

  4. You know me, with my other opition 😀 Dont like KMB negative equity, dependency on single drug for ABBV and unhealthy food in PEP. Despite that good buys for you 😉 Im sure the companies will do fine.

    • Hi P2035,

      Every stock has its proponents and detractors. The bottom line is to buy what you feel comfortable owning for the short or long term. All these stocks flashed green to me so I nibbled on each. Of course, time will tell if these were good buys in a year or five or ten even. Thanks for commenting.

  5. Once again your consistent purchases are proving the idea of DGI for the long term. Some solid companies here that should all continue to deliver those dividends over the years. I picked up a few shares in IRM earlier in October and the initiated a really small position in AOS too. Outside of that there’s not much I can do despite the markets tantrum since there’s no cash on the sideline just yet. Looking forward to seeing what you purchase next.
    JC recently posted…A.O. Smith: Be Greedy When Others Are FearfulMy Profile

    • Hi JC,

      I always believed in consistency when it comes to DGI. The amount invested isn’t as important as being consistent and continually building up that passive income stream during all market conditions. IRM and AOS have been making the rounds among several dividend blogs as of late. I admit, I haven’t considered either before and do not know much about each. Thanks for sharing.

    • Hi Kody,

      October was a big month for me in terms of fresh capital being deployed. I usually invest about a third of that amount but seeing so many great names trade significantly lower compelled me to buy more.

  6. Hey DH,

    Plenty of great companies you’re picking up shares of. PEP has been on my watchlist and I’ve been greedily (foolishly?) been waiting for it to come closer to $100 to increase my stake. I’m probably going to need to bite the bullet here at some point and just buy some more at ~$110.

    At the end of the day, you’re right that it’s important to be in the market and focus on the rising dividends. The fluctuations will iron themselves out over the coming decades.

    Take care,
    Ryan
    Get Rich Brothers recently posted…Five Boxing Principles That Have Made Me a Better InvestorMy Profile

    • Hi GRB,

      PEP closer to $100 would be nice but unless we get some really bad report from them coupled with a big market decline I don’t think we’ll see that level for a while. In the meantime, I’ll continue to nibble here and there when the numbers look good to me and hold for the long haul. Market and stock fluctuations will always swing in both directions but it’s that dividend income that should go in only one direction, up.

  7. Hut –

    You are an animal! You should include the summary or total dividends added, as well, next time you have a beast round like this! Congrats and don’t worry about timing. You are buying when the metrics make sense.

    -Lanny

    • Hi DD,

      This was a large buy for me. In fact, October was one of my highest ever months for deploying fresh capital. I guess seeing all that red and unusually high yield was too much for me to ignore so I acted. Thanks for commenting.

  8. Keith,

    Love the purchases and the companies. I agree with with Lanny said. You can’t worry too much about the timing of these purchases. They checked your box for a reason at the time of the purchase. If it went down slightly afterwards, oh well. If anything, it just gives you a chance to lower your cost basis and build a position in a company that already meets your investing criteria.

    Enjoy those extra dividends!

    Bert

    • Hi DD,

      Timing is IMPOSSIBLE!!! Sorry for that. Got a little excited. I know it and you know it. It’s impossible to find the bottom of any swoon. All you can do is make consistent buys when the numbers flash green and wait it out all the while collecting that ever increasing passive income stream. I look forward to what those companies will produce for me down the road.

    • Hi DG,

      October has really put many great names on sale. We’ll see if it continues into November but as you already know there is always something worth buying each month.

    • Hi DP,

      ABBV is still a popular name going into November. Looks like many in the DGI community are liking this high yielding stock. No doubt we’ll be seeing more wild gyrations in the future. As always, I appreciate your comment.

    • Hi Tlti,

      October was a larger than usual month for my cash deployment. Usually my buys are between $800 – $1,200 average a month but seeing so many great names going on sale it was too much for me to ignore so I nibbled here and there. We’ll see what November brings. Thank you for commenting.

    • Hi DD,

      ABBV continues to make the radar screens of many dividend investors. It’s been beaten down so hard and now offers a safe high yield that should entice many. Nice pick up!

Leave a Comment

CommentLuv badge

This site uses Akismet to reduce spam. Learn how your comment data is processed.