Doorgaan naar hoofdcontent

New position: TGT

Today I started another new position. I bought 5 shares of Target Corporation (TGT) at a price of $66.65 a share. Although I had zero shares of TGT it is not a totally new postion. In November 2016 I bought and sold a few shares for a hefty profit.
Back  then I bought the shares for almost the same price $66.80 and sold them for $77.25 and also picking up a quarter of dividend in the process.

TGT was down heavily today after presenting disappointing Holiday season sales. Now the share price is back down to the level of November. While the share price in dollars was a bit lower than when I bought the shares in November, the amount I had to pay in Euros was a bit higher due to the stronger dollar.

Including transaction fees the total costs are €313.19. With TGT paying $2.40 per year it the yield is 3.6%. My expected forward dividend is increased by €9.62 fastly approaching €300.

I now have added three new positions this month. And almost used all of the funds I designated for investing in the first Quarter. Next months will be slower I expect.

Reacties

  1. Nice TGT buy. I saw the price dip today and though about buying more shares. I'll wait a few days and see if it continues to slide.

    BeantwoordenVerwijderen
  2. thx, I don't know if the price will drop any further or will recover somewhat. This is within the pricerange I want to buy the stock. If it drops any further I might pick up a few shares extra.

    BeantwoordenVerwijderen
  3. Nice buy. I am also new to dividend investing.

    BeantwoordenVerwijderen

Een reactie posten

Populaire posts van deze blog

Dividend Update

It's been quiet here on the blog for a while now. Nothing's wrong but I was very busy at work and at home and didn't feel the energy to write some blogs. But now that everything is calming down a bit, it is time to pick up where I left off. I've been investing a bit in the last month. I bought 10 extra UNA shares and also 11 shares of OHI. Both when they were dipping after their reported Q3 results. Also I started investing in a new Mutual fund, which invests mainly in bonds. In total I invested just short of 900 Euros for an expected anual dividend increase of €33. I also collected dividends in september and october. In september I received €58.82 an increase of 270% compared to last year. In november I received €15.58, an increase of 80% compared to last year.

May 17: Dividend income

June has already started so it is time to report my dividend income in May. May was a better month than February, but it could have been even better. Because the dollar took a hit compared to the Euro, my income in Euro's suffered a bit. I received dividend from the follwing companies: Whitestone REIT (WSR): €5.39 Omega Healthcare Investors (OHI): €19,31 Texas Instruments (TXN): €1,53 Abbvie (ABBV): €1,47 Kempen Global High Dividend Mutual Fund: €4,86 (DRIP) Total net dividend income was €32,56, breaking the €100 YTD and almost equalling the total dividend income of 2016. I cannot compare this month's income with last year, because last year I didn't receive any dividends. How was your May dividend income? I will updat my dividend income page soon..

Recent purchase: BNS

With the money I had from the sell of ABBV I expanded on my BNS position. I bought another 4 shares. For my net dividend income the sell and buy have a small impact. I lost €8 by selling ABBV and I gained €10.60 by buying BNS. I bought BNS at $62.55 a share. With a quarterly dividend of $0.63, BNS yields 4%.