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.