Since my last purchases in my brokerage account, I made a few transactions.
- Sold 70 shares of OHI for $26.54 / share. That was my entire position in Omega Healthcare Investors in this account (holding a bit in my Roth). I was starting to feel uncomfortable with the position and was fearing a potential dividend cut at some point. Better play safer – I sold all, got a few hundred loss… and moved on
- Buy 25 shares of PEP for $98.42 / share. This is a new position in the portfolio. Mostly used the money from OHI sale and some. I like the yield close to 3.7%, an ok growth and the dividend safety. A lot of dividend growth investors bought it as well since the stock price is back to spring 2016 levels (see Lanny and Bert, Young Dividend or desidividend for example).
- Buy 20 shares of BIP for $38.05 / share. Brookfield Infrastructure Partners is a MLP. This is a new position in the portfolio. I like how it holds assets from utilities, toll roads and cell towers across different regions of the world. Adds diversification.
These 1 sell / 2 purchases were done in my taxable account and were transaction free (I recently moved broker and got 60 days free transactions).
My dividend portfolio is updated with above new holdings.