So its time to discuss my monthly buy again and again I went a bit off course. My initial idea (thanks to my portfolio review) was to open a position in the Utilities sector since I have no exposure there. I was in the middle of analysing a few companies (thanks to Mr. ATM) when I saw a nice opportunity to add yet another dividend aristocrat to my list!
I initiated a position in KMB by buying 5 shares @ $111,60:
|Kimberly Clark Corporation|
|Payout Ratio (<75%)||57,1%|
|Increases (>= 5 year)||Aristocrat: 45 years (!) of dividend increases|
|5-year DGR (>5%)||5,20%|
|Valuation (<=10% > 52wk low)||$109,51 = 52-wk low => 1,91% > 52-wk low|
Additional reason for me to buy a stock is if I use its products. Well with a small kid around who loves to swim: Huggies – Little Swimmers are often used! Besides that, we have run through 100+ Kleenex boxes during past winter with all the flu/sniffles/colds going around in the house 🙂
This buy adds (5 x 4 x 1) – 15% = $17 to my forward income, bringing the total to $258,62 + $17 = $275,62.
But wait…..there’s more! With my deposit of €500 I had some left over after these 5 shares (I can’t buy partial shares). I decided to add up on my home based allocation and added 3 shares of Ahold Delhaize (AD) to my existing position for €18,25.
With their recent announcement regarding a dividend increase to €0,63 this will add another ((3 x 0,63) – 15%) x current EURO/USD exchange rate = $1,97 to my forward income. So with these buys my new forward income total is $277,59!
What do you think of my latest buys? Did you buy something yourself? Please share it in the comments!