Purchases: UL, LOW, ITW, SJM and CAH

This month of August, I have continued to add slowly on some of my existing holdings and added on a new position with Illinois Tool Works Inc. (ITW).

Overall I keep focusing on adding where I can lower my cost basis and on very dividend safe + high growth stocks:

ITW: is a new position in my portfolio. Dividend paid: 25 years+, 5 year dividend growth rate: 15%, yield: 2.88%, payout ratio: 57%, yield on cost in 5 years: 4.41% – loving these numbers

SJM: decided to add more as it is in my opinion fairly valued right now. Dividend paid: 25 years+, 5 year dividend growth rate: 8.7%, yield: 3.28%, payout ratio: 26%, yield on cost in 5 years: 4.70%

CAH: the stock is trading way less than my original price. Dividend paid: 25 years+, 5 year dividend growth rate: 11.9%, yield: 3.64%, yield on cost in 5 years: 6.20%

LOW: added on this great low yielder/high growth stock. Dividend paid: 25 years+, 5 year dividend growth rate: 21%, yield: 1.77%, payout ratio: 36%, yield on cost in 5 years: 4.18%

UL: added a bit more to grab the fantastic international exposure. Massive company which has been paying dividends since 1984 (even if the payout varies). Relatively safe dividend with a payout ratio of 68%, average growth rate of 8%, a great yield of 3.15%. Based on these numbers – yield on cost in 5 years should be around 4.7%

It’s hard to find great value right now – I may keep on buying some of the above a few more times in September.

 08/22/18   Bought   20 of CAH @ $51.5118
 08/22/18   Bought   16 of SJM @ $106.5052
 08/22/18   Bought   11 of ITW @ $137.5294
 08/22/18   Bought   4 of ITW @ $137.5305
 08/08/18   Bought   15 of ITW @ $139.50
 07/30/18   Bought   12 of LOW @ $98.07
 07/23/18   Bought   20 of UL @ $56.50

My dividend portfolio is updated with above new holdings.

Dividend Income – July 2018

At the start of every month, I post a report showing the dividends received in my accounts for the previous month. This is always very exciting to see the progress made, and really reveals the true power of compounding using the dividend growth investing strategy! This post shows the grand total, but you can check my dividend income page to see the dividend paid per positions.

Dividend income received in July 2018

  • Taxable account: $430.73 – July 2017 was $366.49

January / April / July / October are my worse months for dividend income but I see nice progress here compared to last year income!

So far in 2018, I have collected a total dividend income of $4,704 in my taxable account and my estimated projected annual income is now very close to 9K at $8,982.

My dividend page is now updated with above new holdings.

I use Personal Capital to track my overall portfolio situation, transactions and dividends.