Recent Stock Purchase IV – June 2015

Well this is a first for me. I have never made as many purchases in one month as I have this month. I have made buys every week in June which is much more than my usual one or two purchases made in a typical month. I guess with the market at all time highs once again the familiar song of trying to find value plays becomes more difficult. Of course, it’s not impossible to find those gems as every dividend blogger out there is continuing to make regular buys as well… so they do exist.

 

Typical value, high yield plays that exist can be found in the energy sector as well as the financial sector which includes many banks, insurance companies and asset managers. REITs have been very popular too several weeks ago as rising bond yields and Fed interest rate hike hype took a toll on the sector. With that being said, I continue to find value and great yield with the large Canadian banks as well as have an opportunity to average down my cost and have added the following.

 

I have added to my ROTH account 20.4929 shares at $43.82 for a total investment of $898.00 in The Toronto-Dominion Bank (TD). With this recent purchase my ROTH account holdings in TD now totals 125.4142 shares for a value of $5,491.26 .

 

I have added to my ROTH account 9.3539 shares at $53.24 for a total investment of $498.00 in The Bank of Nova Scotia (BNS). With this recent purchase my ROTH account holdings in BNS now totals 124.4919 shares for a value of $6,624.21.

 

A recap of my previous buys for the month of June include:

 

I have added to my ROTH account 18.2026 shares at $43.84 for a total investment of $798.00 in The Toronto-Dominion Bank (TD).

 

I have added to my IRA account 12.5378 shares at $63.65 for a total investment of $798.00 in Ventas, Inc. (VTR).

 

I have added to my IRA account 21.4868 shares at $37.14 for a total investment of $798.00 in HCP, Inc. (HCP).

 

I have added to my IRA account 11.7803 shares at $67.74 for a total investment of $798.00 in Health Care REIT, Inc. (HCN).

 

And can’t forget my first baby DivHut buys for his custodial account:

 

I have added to baby DivHut’s custodial account account 8.0116 shares at $99.61 for a total investment of $798.00 in Johnson & Johnson (JNJ).

 

I also have added to baby DivHut’s custodial account account 13.1629 shares at $60.63 for a total investment of $798.00 in Emerson Electric Co. (EMR).

 

In all, eight separate buys have been made in the month of June. I seriously doubt that this pace can continue in the coming months but I do know that I will continue to make at least one monthly buy as I have always done for many years.

 

What have you been buying in recent weeks? Or are you worried about the inevitable correction the market may experience and are mostly on the sidelines? Please let me know below.

 

Disclosure: Long TD, BNS, VTR, HCP, HCN, JNJ, EMR

61 thoughts on “Recent Stock Purchase IV – June 2015

  1. Excellent purchases, DivHut. Looks like we are thinking in parallel here 🙂 I just added to my position in BNS this morning.

    I’d like to be where you are….but my positions are much smaller as of now. Hoping to build up those positions over the coming months

    Best wishes
    R2R
    Roadmap2Retire recently posted…Recent Buy – Ventas IncMy Profile

    • Hi R2R,

      Just keep building those positions over the coming months and anytime proper value and yield make sense and soon enough you’ll be “fully invested” in BNS or any other stock for that matter. The financial sector still offers some compelling value and yield which includes, banks, insurance and asset managers alike. Thank you for stopping by and commenting.

        • Hi Isaiah,

          I always believed that consistency with investing was one of the main keys to long term success. Don’t try and time the market or wait for those corrections that every talking head has been predicting for the last five years. Just find quality fair valued dividend paying companies and make regular buys. Thank you for stopping by and commenting.

    • Hi Geblin,

      I guess I got the investing fever this month. This is by no means the manner at which I have invested in the past but I guess once you start to see those dividends compound in greater amounts you just want to keep that snowball rolling. I appreciate your comment.

  2. All great buys DivHut! Looks like you and baby DivHut are having one heck of a month. I’m still buying (O, CVX, WPC recently) despite the “inevitable correction” but I am definitely being more patient than I was last month. I have several limit orders set that I’m hoping to fill soon.

    Take care,

    Ken
    Dividend Empire recently posted…Stock Purchase: W P Carey (WPC)My Profile

    • Hi DE,

      We keep hearing about markets at all time highs and the question of how much longer this bull market can last yet nothing seems to be happening to the negative. Believe me, I know it can all come apart within a second but just imagine being on the sidelines with your cash for the last one, two, three or even four years? Tread carefully as you suggested and find those gems here and there that offer a decent yield and compelling value. As always, I appreciate your comment.

    • Hi Adam,

      The large Canadian banks are actually quite popular among most of the dividend bloggers out there. Many own one, two, three or even all five of the large banks which include, TD, BNS, RY, BMO and CM. I happen to like the large Canadian banks as they have all been paying dividends for well over 100 years and currently offer a great yield with good to decent value. Thank you for your continued support. I never believed in any of the Seasonal Stock Market Investing axioms. I appreciate your comment.

    • Hi FTFF,

      I doubt I’ll be keeping this pace in the coming months but it’s nice to know that I have deployed whatever money I had available into some high quality dividend payers which will be pumping out returns automatically. I’m still a fan of those Canadian banks as you can see but truth be told I am waiting on pins for many consumer staples to go on sale. Would LOVE to add more CL, CLX, UL, PG, KMB, PEP, KO and others to my holdings but just not at current prices/valuations. I plan to keep making buys for baby DivHut too. Looking at CAT as a potential next buy for his portfolio. Thank you for your continued support.

    • Hi FV,

      I feel a great sense of pride to have been able to start a portfolio for baby DivHut at birth. This will be a great real world “experiment” to see what kind of portfolio value and even more important what kind of income his portfolio can generate by the time he reaches adulthood. I plan to add many more names to his account over the months and years and enable his greatest asset of time to work its compounding magic. Thank you for stopping by and commenting.

    • Hi BSR,

      So far, between the good value and great yield the Canadian banks are offering I am not disappointed in the least. For now BNS and TD are my largest Canadian bank positions with a smaller position in RY. As long as depressed prices and value continue I’ll be buying any or all of those three names. Thank you for commenting.

    • Hi FIM,

      That is correct. I have a traditional IRA and a ROTH. The reality is that I wanted only a ROTH account but had a five year CD that matured in an IRA I set up a while back and the tax consequence to convert the IRA to a ROTH was significant enough to warrant no change over which is why I now have a ROTH and an IRA. I place my Canadian banks in my ROTH because I avoid the Canadian withholding taxes that way. A treaty between the U.S. and Canada allows for Canadian companies to be placed in retirement accounts without being subjected to any withholding taxes. Hope this clears things up. Thank you for your question.

  3. Like the buys and how you’re able to spread your capital out across many different companies. Im starting to look at TD so I can add to my CDN bank exposure since I only own BNS. REITs are also looking really juicy here and I like all the purchases you made there this month. Youve had quite a busy month with purchases. Its always fun to be active with your purchases.

    Ive added ROST and UNP this month but while I was waiting on capital to be ttansferred I missed some good opportunities on XOM, JNJ, and UNP. Still looking at adding XOM around the current level though. Im not worried about the “inevitable correction” because theres no telling when that might actually come. I remember at the beginning of 2013 and 2014 almost everyone in the media was calling for a correction. Obviously that didnt happen. So if I see opportunities then I want to take advantage of them.
    JC recently posted…Weekly Roundup – June 21, 2015My Profile

    • Hi JC,

      I already mentioned that I doubt I’ll be able to keep this pace up in the coming months but I’m happy knowing that I was able to deploy whatever cash I had available into some high quality dividend names. As you can see I’m still a fan of the large Canadian banks almost a full year later. I’d like to even things out a bit and add more to my RY as my BNS and TD are getting large relative to my other holdings.

      You have been adding some great names to your portfolio too though I’m not a fan of ROST or any retailer for that matter. JNJ still seems to offer a good value and current yield. As you stated, if you see opportunities jump on board and take advantage of them. Even when markets are at all time highs and everyone is begging for/predicting a correction, values can still be found. As always, I appreciate your comment.

  4. DH,

    Congrats on the recent purchases. I can imagine that you’re excited to make such significant contributions to your portfolios and realize the subsequent dividend increases!

    I have a specific question and I’d appreciate your opinion. You mentioned that you have been pursuing REITs as of late because of the current financial climate. I am currently $15,000 of the way into a $50,000 position in Vanguard’s REIT fund (symbol VGSIX) via dollar-cost averaging. Do you have any experience with this fund? If so how do you think it compares to other REIT-related offerings right now?

    Thank you!

    David
    David Cunningham recently posted…Under ConstructionMy Profile

    • Hi DC,

      Thank you for your support regarding my recent purchases. No doubt I’m excited to see how my June buys will translate into future dividend income in the coming quarter. This is why we are here, right?

      Regarding your question about VGSIX I have no experience or opinion about this fund as it is something I do not follow nor track. I have looked into the major real estate ETFs such as VNQ, RWR and IYR as I considered adding these holdings to my portfolio but have opted to invest solely in individual stocks instead. I realize that these funds may offer a broad diversity among real estate holdings but I prefer to create my own “fund” of sorts and pick and choose several individual names instead.

      REITs, in general, have had a poor 2015 and an even worse spring as bond yields rose and Fed interest rate hike chatter dominated the headlines. It was for that reason that I initiated positions in the large health REITs with an eye on other names such as AVB, DLR, OHI, NHI and LTC. I guess it’s all a matter of personal taste. Why bother with any type of load and lower yield when I can create my own “fund” of three, five or even ten individual REITs that I specifically like and enjoy potentially greater returns. Of course, there is a higher risk involved by buying a select few REITs rather than a fund which may own 100 names but the way I see it why bother to invest in a fund that invests in names I do not even care about nor would consider owning individually? Hope this gives you some insight as to how I pick certain stocks. Thank you for your question.

      • DH,

        Thank you for sharing your thoughts. I’m certainly going to look into the REIT names that you mentioned – like you I’m happy to snatch up deals while a good portion of the market reacts fearfully to current macroeconomic conditions.

        You drew the fund vs. individual security distinction which I hadn’t originally considered when writing my comment. Up until this point I’ve been more comfortable with funds but I’m becoming more open to investing in specific companies. (To build my own fund as you put it) I do admit that I like the ease of diversification and simplicity that funds offer, but I think it’s time to become more familiar with the Dividend Discount Model (DDM) and adjusted funds from operations (AFFO) calculations that can help achieve greater returns. If I can truly achieve better, consistent returns then I’d be foolish to not at least look into the opportunities available!

        Cheers,

        David
        David Cunningham recently posted…Under ConstructionMy Profile

        • Hi DC,

          Always glad to answer questions you may have about my investing style or reasoning. The debate between owning funds or individual stocks often gets very heated between each proponent but as you mentioned in your comment, I too feel that I can achieve higher returns building out my own fund of sorts. After all, by buying into a few dozen names you are able to diversify adequately, while being able to potentially achieve higher current yields and not be subject to any investment annual fees no matter how small they are.

    • Hi ADD,

      One of the keys to being a successful dividend growth investor is consistency. Keep saving and investing bit by bit and have a goal to make at least some purchase every month. June is by no means a typical buy month for me as I usually make one or two purchases in a month and not eight. I appreciate your continued support and encouragement and plan to keep my readers posted as to my progress as well as baby DivHut’s. I still would like to add quite a few more names to his portfolio with an eye on CAT as a potential next buy. Thank you for your comment.

  5. Good job DivHut. You have to keep your money working for you so that one day you no longer have to. Your child will hopefully thank you as well, for starting him on this great path. Correction is something that I think of as more noise. It will come when it does and that is not even guaranteed to happen. Getting dividends on the other hand are something that keeps on coming and increasing. Thanks for sharing.

    – HMB
    HMB recently posted…Recent SellMy Profile

    • Hi HMB,

      Your comment hits the nail on the head by describing the essence of dividend investing. Tune out the noise and just keep collecting those dividends. The reality is that if my portfolio drops by 50% tomorrow, I won’t be happy, but I won’t care as long as every stock I own continues to pay out its dividend. That’s really the key to what we’re doing. I hope to pass on my investing methods to my son as he gets older and have him understand the nature of dividend investing and the value of creating a passive income stream. Thank you for stopping by and commenting.

    • Hi DK,

      The financial space is one of those few sectors that continue to provide good value and great yield in an otherwise expensive market. I had mentioned that financial stocks such as banks, insurance and asset managers all seem to be compelling at current levels which is why I have been adding a lot to my BNS, TD and RY each month over the past year. Keep watching those Canadian bank stocks. I don’t doubt better buying opportunities will come again. Thank you for stopping by and commenting.

    • Hi DH,

      Always happy to hear words of encouragement from my readers. What can I say, I still am a fan of the large Canadian banks. I’d like to add more to my RY as my BNS and TD are growing quite large relative to my other holdings but I tend to go where the best value and yield lay. Look forward to a solid July, though I doubt I’ll be keeping this buying pace. No matter. As long as I make at least one monthly buy I’m happy. As always, I appreciate your comment.

    • Hi DG,

      Can’t complain about my June that’s for sure. I’d love for this momentum to continue but sometimes reality sets in and you realize that money saved for investing is finite after all. I still plan to make my usual one or two buys each month going forward. Thank you for stopping by and commenting.

  6. DH,

    Looks like June is a blockbuster month. Glad to see that!

    The Canadian banks have been brutal over the last year and YTD. I’m actually thinking of picking up more TD (or BNS) in July here at these prices. If Mr. Market’s depressed, I’m excited.

    Cheers!
    Dividend Mantra recently posted…Recent BuyMy Profile

    • Hi DM,

      Money saved equals money invested and June was a blockbuster month indeed.

      I still am a long term fan of the large Canadian banks though I’d like to add more to my RY position. I’m feeling pretty close to “fully invested” in BNS but as long as value and yield look compelling I think I’ll be buying. As always, I appreciate your comment.

  7. DivHut.

    Man another purchase! Congrats. That’s what I call MAKING MOVES!! this market has presented us with many different opportunities and sometimes it can be hectic figuring out which investment to buy. However, I like your approach here, use the downturn to reup some position s that you already own. You’ve done the research already and know they are quality investments, so it makes the decision that much easier and faster. Great job and keep adding these quality companies to your portfolio!

    Bert
    Dividend Diplomats recently posted…Edgewell Personal Care Company (EPC): A Dividend Focused Spin-off ComingMy Profile

    • Hi DD,

      I’m very happy with every position in my portfolio and if an opportunity comes to average down on a stock that has a great yield along with a fair value then I’m buying. Of course, you may have noticed that with each buy I am nibbling rather than gorging. Who knows when this “correction” will occur or how bad it will be so in the meantime at $2 commission I can add smaller amounts and be safer as the market treads these high levels. Thank you for stopping by and commenting.

    • Hi PIM,

      All solid names no matter how you look at them. I’d like to wait for a little more of a drop in the REITs before I buy again but at least the Canadian banks are still pretty beat up. Look forward to reading about more of your buys and here’s to a great summer of investing. As always I appreciate your comment.

    • Hi d4s,

      The Canadian banks have been paying dividends for well over 100 years and have a history of operating in a quasi-monopoly within Canada. Their conservative business practices make them less volatile and on more solid financial footings than many American banks.

      Opening up a custodial account is very easy. All you need is some basic information about your son such as social security number and some information about yourself and ‘presto’ you have a new account for a minor. Thank you for stopping by and commenting.

  8. Man, eight buys in a month? You’re on a roll! And what a great way to start off Baby DivHut’s investment career! Just make sure you teach Baby DivHut good investment, spending, and money management values as he/she gets older.

    Sincerely,
    ARB–Angry Retail Banker

    • Hi ARB,

      June has been a banner month for new buys, that’s for sure. I won’t be keeping this pace going forward but I know that I’ll continue making my usual one or two buys every month like I always have. I’m excited to teach baby DivHut about saving and investing when he gets older and feel a great sense of pride for being able to start him off on his own dividend growth journey. As always, I appreciate your comment.

    • Hi WBAN,

      Thank you for your words of encouragement. I guess any buys we make today can be considered our dividend seeds that will blossom into huge trees for us to sit under one day. Would love to follow you on your own dividend growth journey and discuss any new potential buys/market conditions, etc. Thank you for stopping by and commenting.

  9. You’re on a spending spree, DH. As for the market correcting. If JNJ goes down to 2008 prices I’m cashing out my 401k.

    • Hi TBDI,

      I think if any dividend stock goes down to 2008 levels you can back up the truck on any one of those. I guess in the meantime all we can do is pick and choose those value plays among the expensive stocks. Here’s to a great summer of buying. Thank you for commenting.

    • Hi DD,

      It’s been the busiest month I ever had since I began on my dividend growth journey. While I’d love for this pace to continue I know that realistically it can’t. Still, I plan to make my regular monthly purchases as always and grow my passive income one trade at a time for myself and baby DivHut. Thank you for stopping by and commenting.

    • Hi R2R,

      What an honor to know that my blog and journey has inspired you to begin on your own path. If you have been following for a while you already know my affinity towards the Canadian banks and BNS is still high on my buy list going forward. Of course, I’d love to add to my consumer staples but many are trading at valuations that just don’t make that much sense which is why I am nibbling on the banks and REITs in recent weeks. Happy to have you on board the dividend growth train. Just be consistent, don’t chase yield and make smart purchases any time you can and let time work for you. Odds are that in ten, twenty or thirty years you’ll look back and be glad you started your journey. Thank you for commenting.

  10. You seem to like investing in financials. I have to admit I have steered clear of them here in the UK, so far, mainly because the dividend yields are low.

    I invested in Legal and General and added more National Grid shares in June. Mind you I wish I had waited because the Greek crisis will likely push prices down this week and I am not sure I have the cash to invest.
    Laura recently posted…RateSetter Cashback Offer JulyMy Profile

    • Hi Laura,

      The financial sector in the U.S. and Canada, at least, still offer pretty attractive yields and low valuations which is why they consistently look attractive to me going forward. I do prefer the large Canadian banks over the American banks as only WFC and USB would be considerations for my long term dividend growth portfolio. Perhaps look at some of the North American banks rather than the U.K. banks.

      That NGG buy offers a pretty nice current yield for your portfolio. I wouldn’t worry too much about Greece or any other ‘crisis’ that comes up now or in the future. During the best of times there will always be a talking head or crisis that will garner the attention of the media outlets. We’ve been here before with Greece, Spain, Ireland, Italy and Portugal and while near term shocks may ripple through the markets, long term you should do just fine if you are invested in solid companies that can pay sustainable dividends. Thank you for stopping by and sharing your thoughts and buys.

    • Hi AAI,

      June was certainly a banner month for quantity of buys as well as dollar amount. As you know, dividend growth investors have a hard time keeping cash on the sidelines. The Canadian banks still look compelling going into July. For now BNS and TD are topping my list for those sector buys. Thank you for your continued support and for commenting.

  11. DH,

    What will you consider a full position in the Canadian Banks? You’ve been nibbling at them continuously for months now and have grown to substantial stakes.

    Take care,
    – Ryan from GRB
    Get Rich Brothers recently posted…GreeceMy Profile

    • Hi GRB,

      To tell you the truth, I never followed the concept of a ‘full position’ for any of my investments. I can tell you that ideally I would be investing indefinitely in a variety of stocks as long as I see a safe and sustainable dividend paying a decent yield and trading at a fair value I’ll be a buyer. As my portfolio grows, so to will investments in each of my stocks. That being said, I’m not done adding to my Canadian banks and if things remain relatively the same in July I’ll be adding more this month. Thank you for your question.

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