Dividend Dolphin

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...

Yesterday I made a first purchase of this month, buying a couple of shares of Bank of Nova Scotia (BNS). As we've been having some extra unexpected expenses the amount of pocket money we have has shrunk a bit. So our first priority, as well as making extra mortgage payments, is filling our coffers again. Having said that, we were able to make this small purchase, partly from our received dividends ans a little bit of new cash. We bought 4 shares of BNS at a price of $55.30 a piece. With transaction fees the cost basis of this purchase was €201.67. As BNS pays about $2.28 a year in dividend it yields 4%. My expected dividend after taxes is raised a bit to about €402 a year. This is lower than I reported in earlier posts. Because the dollar is taking a hit compared to the Euro, my expected dividend income has dropped a couple of percents recently. BNS is a new position for me. You can see a dividend stock analysis of this company by roadmap2retire  here. .

Today I initiated a new position. I bought 5 shares of Walmart (WMT) at $67.85 per share. Including transaction fees the cost basis is $67.95. Dividend yield is 2.9%. With this purchase my expected annual dividend income is increased with €8 to approximately €325. WMT has come down the last month. It is already climbing back up a little bit earlier this week. In the DGI community I don't see many purchases of WMT, but it is a strong company with a great divididend history. Also WMT pays dividend in the first month of every quarter, which are the off months for my portfolio at the moment. I now have initiated four new positions this year. That was one of the goals I set for 2017. The next months I won't be buying as much as the first 5 weeks of the year as we'll be paying off our mortgage more aggressively in the coming months.

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 ...

With the new year barely started I'm on a roll initiating some new positions. After the AbbVie purchase just over a week ago, yesterday I got myself another new position. Yesterday, I bought 4 shares of Texas Instruments (TXN) at a price of $74.80 per share. Including service fees the total costs were €282.38. TXN pays a quarterly dividend of $0.50 per share which increases my expected forward 12 month dividend income by eight dollars or €6,42 bringing it to amost €287. TXN is a dividend achiever and placed no. 7 on SureDividend's top 10 dividend achievers list  of last December. An analysis of TXN can be found here . If the divididend paying schedule is similar to 2016, TXN will go ex dividend in the last week of January.

Yesterday I did my first purchase of the year. While expenses are high in the end of December and the beginning of January, I was able to do a small purchase of AbVie (ABBV). I bought 3 shares at $62.75 a share. Including transaction fees the cost base will be $62.92. ABBV pays $0.64 per quarter the yield on costs will be just over 4%, 4.07% to be exact. Since ABBV will go ex dividend at January 11th, I will nicely pick up the dividend. Payout will be in Fruary. This buy increases my forward 12 month dividend with $7,68 before taxes. After taxes and at the current exchange rate this will be €6.28 bringing it to about €280.

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.