On “Cyber Monday” I went shopping, hard. Normally, it takes quite the amount of coffee to make me optimistic enough to go shopping, but when the objects are quality stocks at a fair price, I´m way easier to get onboard. Let´s see what I bought:
The following purchases were made
15 shares of Hormel Food Corps which means that the annual income is $39.44. Quite good for a stock with yield around 2%, however the growth is massive. Operating margin is increasing, so is Return on invested capital (ROIC). The business is rated 100 “safe” by Simplysafedividends, and has a growth score of 71. Very high quality and a great DGI stock.
15 shares of Dominion Energy which contributes $46 to my total dividend income. D belongs to the utility sector, and as we know, that sector is highly regulated. D has reduced the exposure to commodity prices and focus more on businesses with faster growth, stronger competitive advantages, better profitability, and lower risk. Today, approximately 90% of the company’s sales are from regulated operations, which provide solid cash flow visibility (Brian, SSD). The yield is close to the 5-year average so nothing special about the price.
11 shares of Kimberly-Clark Corporation, contributing with $42.
Short story told: Everybody needs tissues and toilet paper. I´ve tried those wash toilets, and I feel like using the hashtag #metoo. Nope. Toilet paper will be here for decades, and KMB will profit.
18 shares of Omnicom which boost my income by $43.20. Superb company where the moat is the long-lasting connections with it´s former costumers. Once your business have partnered up with Omnicom, you don´t leave.
15 shares of AT&T which in total with the former stocks now sends a $107.80 yearly payment. Thanks guys.
15 shares of Exxon which also provides a nice boost, $46.20. Biggest energy position in the norwegian oil fund. Can´t go wrong with that, right?
11 shares of Welltower which now sends a $60 annual payment.
Further, I reinvested some of this years dividend and bought 1 share in O and SBUX.
Forward annual dividend Income is now around $1700 and the portfolio has never been more solid. Amazing. Btw, sorry for the ugly paragrafs. Stupid wordpress doesn´t know how to handle “single lines”…