Ah yes, it’s time to share with you what I have been up to on this crazy journey called dividend growth investing. In my previous buys I had a strong focus on European stocks to balance my portfolio a bit more between US and non-US stocks since I’m pretty overweight on US stocks.
This quarter I kept that up but also added on my US positions, initiated new positions and for the first time ever sold a stock. Wondering which one? Here are my transactions:
Let’s break it down shall we:
Koninklijke Phillips (AMS:PHIA, new position): Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. The company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care.
I made multiple buys to a total of 52 shares with about 2% yield. Reason: More exposure to the the EU stock market, reasonable fundamentals and a company who is slowly transitioning to a full technology/medical giant (like Medtronic).
ASR Nederland (AMS:ASR, new position): ASR Nederland N.V. is one of the largest insurance companies in the Netherlands. The Company offers a wide range of financial products such as corporate and individual pensions and life, health, travel and leisure and funeral insurance. In addition, ASR Nederland offers savings and investment banking products and actively invest in property management and development.
I initiated a sizeable position of 50 shares in 1 go, right on time to snag that nice biannual dividend of 5,5%. Reason: More exposure to the the EU stock market, fine fundamentals and a company who actively manages their own investments by not investing in weapons AND having a solid company policy around this (the only one according to this investigation).
Verizon Communications (NYSE:VZ, new position): Verizon Communications Inc. was formed on June 30, 2000 and is celebrating its 20th year as one of the world’s leading providers of technology, communications, information and entertainment products and services. The company offers voice, data and video services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.
I initiated a position with 21 shares with a 4,8% yield intent on expanding my position later. Reason: Alternative for AT&T which I am considering selling, nice fundamentals and banking big on the 5G / IOT.
Western Union (NYSE:WU, new position): The Western Union Company is a provider of money movement and payment services. The Company’s segments include Consumer-to-Consumer and Business Solutions. The Consumer-to-Consumer operating segment facilitates money transfers that are sent from retail agent locations worldwide or through Websites and mobile devices, including digital money transfer services. Its money transfer service is provided through one interconnected global network and these services are available for international cross-border transfers and, in certain countries, intra-country transfers. The Business Solutions segment facilitates payment and foreign exchange solutions, primarily cross-border, cross-currency transactions, for small and medium-sized enterprises, and other organizations and individuals.
I initiated a position of 50 shares with a yield of 4.5%. Reason: Diversification of my portfolio, nice fundamentals and with the world globalisation increasing there is a place for companies like this. They are aware of the possible risk crypto poses for their business and are working on it.
Pinnacle West Capital (NYSE: PNW, new position): Pinnacle West Capital Corporation is a holding company that operates through its subsidiaries. The Company operates through regulated electricity segment, which consists of traditional regulated retail and wholesale electricity businesses and related activities, and includes electricity generation, transmission and distribution. It owned and leased 6,236 megawatt (MW) of regulated generation capacity and the Company held a mix of both long-term and short-term purchased power agreements for additional capacity, including agreements for the purchase of renewable energy, as of December 31, 2016. Its subsidiaries include Arizona Public Service Company, which is a vertically-integrated electric utility that provides retail or wholesale electric service to the State of Arizona, with the exceptions of about one-half of the Phoenix metropolitan area, the Tucson metropolitan area and Mohave County in northwestern Arizona.
I initiated a postion with 18 shares with a 4,9% yield. Reason: Replacement for my PPL shares, I sold my full position. Better fundamentals and safer dividend score.
On top of these new positions I expanded my current holdings in Wallgreens Boots Alliance, Intel Corporation and Legget & Platt with a nice amount of shares.
All in all, I’m pretty happy with my transactions of the past quarter and the results show in my projected dividend income for the coming year. It now stands at €1930,- post-tax, I’m really closing in on the €2000 mark which (for me) is a significant milestone to reach!
Did you make any transactions last quarter?
Financially free in 10 years 