Purchases: PEP, BIP and a Sell: OHI

Since my last purchases in my brokerage account, I made a few transactions.

On 05/03:

  • 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

On 05/07:

  • 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).

On 05/16:

  • 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.

4 thoughts on “Purchases: PEP, BIP and a Sell: OHI”

  1. I also sold my OHI a few months ago. It was one of my early purchases, and doesn’t really fall in line too well with my “safer” long-term strategy. Keep up the good work!

    • Thanks DividendDozer. Your progress is quite impressive too – good work! Really enjoyed your last post about your “financial date” 🙂

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