November/December watchlist

On the last day of October it is a good time to think about the coming months. What will my investing goals be up to the end of 2016?

I expect not to be able to invest as much as in October, with 3 buy totaling almost €800 becaus of a loan for our home we will be paying back in December. But a few 100 euros a months should be possible.

I think it is time to add at least one position to my portfolio. And I have a few companies on my watchlist.

My main focus will be on ABBVIE (ABBV) and Target(TGT). TGT is well priced at the moment with a P/E ratio of under 13 and a dividend yield of 3.3%. Also the payout ratio is around 42%, So the company has much room to keep their dividend raise streak going for a while. Theri latest dividend hike was a very nice 7%.

ABBVIE just announced another divididend raise of over 12%. However, their share price collapsed with 6% after they published their lasted figures. Their P/E ratio is just over 10 and dividend yield is now close to 4%. Before investing I should however look at their payout ratio. Comparing 2015 earnings per share with the announced annual dividend for 2017, the payout ratio is very high with 81%.

So before investing in ABBV I shoud do some extra research.

Looking at the dividend payout dates ABBV would be more interesting than TGT because ABBV is paying in my "off months". So an investment in ABBV will spread my dividend income better.

Reacties

Populaire posts van deze blog

New position AD

Yesterday I initiated a new postion. I bought 10 shares of Ahold Delhaize (AMS: AD). AD is company that was formed by the merger of Ahold from The Netherlands and Delhaize from Belgium. Ahold constists of their flagship Albert Heijn the market leader in supermarkets in The Neterlands, the largest liquor store chain Gall&Gall and the reason why Amazon doesn't have a big market share in Holland, bol.com . Most of these brands are also known in Belgium, but the main brand for Belgium is Delhaize. Aold Delhaize is also active in the United States with brands like: Foodlion Stop&Shop bfresh and many more.They are also active in Asia. I was eyeing for AD a little while but found them a bit expensive at a share price of €20 but since the announced takeover of Wholefoods by Amazon the share prices has taken a hit and closed at €16.04 yesterday. So it was now well within the price I was willing to pay for it. I bought 10 shares of AD at a share price of €16.30...

Meer lezen

New position:Target Corporation

In the aftermath of the Trump election for president I already bought some shares of Unilever (AEX: UNA). At the opening of the New York Stock Exchange I also made a purchase of shares of a company I already owned"Target Corporation. Stock prices were going up and down at the beginning of the market and I bought 4 shares at $66.80 per share. Including transaction fees the total costs ware €61.12 per share. Target Corporation is a Dividend Aristocrat and has a record of 45 years of consecutive dividend growth. Target pays $2.40 per share per year, which gives me a yield on cost of 3.57% and will increase my 12 month forward pretax dividend income with €8.73 to €270.06. My net annual dividend income is now €229.55. Target will go ex dividend on November 14 th, so in 5 days I will earn the first dividends for this company This purchase will probably be the last one of the year because of expenses we are expecting in December.

Meer lezen

Dividend income april 2017

May is already a few days old and in The Netherlands we will tonight remember our fallen compatriots from World War II and later, and tomorrow we will celebrate our liberation from the Nazis. An update for my April dividend income is almost overdue. In april we received dividend from 3 companies: Coca-Cola (KO) paid us €8.49 Wal-Mart (WMT) paid us €2.03 Whitestone REIT (WSR) paid us €4.19 In total we received €14.71 after taxes, bringing our YTD Dividend to €89.20. We will breach the €100 mark in May.

Meer lezen

Dividend Dolphin

Zoeken in deze blog