Tuesday, April 26, 2016

Recent Buys: MO, WFC, AMGN, STAG

I quickly put the proceeds from my previous sale to work.  I initiated positions in Wells Fargo and Amgen as part of my goal.  Wells Fargo is recognizable by anyone, while Amgen may not be as well known if you are not in the industry or interested in investing.  Each of these purchases leaves room for dividend growth and price appreciation.  After making this purchase I had some cash available so I decided to average down a little bit on Altria by purchasing a whopping 2 shares!!  With the little left after that I purchased 1 share of STAG.  I hope to build on this position as I receive dividends, but for now it was nice to add a company that pays a monthly dividend.  Just over a thousand dollars put to work today.  Might be some quiet days ahead for me as I have invested more this month than originally planned.





Purchase Summary
  • 2 shares of Altria Group (MO) on 4/25/2016 @ $60.77/share totaling $121.54
  • 10 shares of Wells Fargo & Company (WFC) on 4/25/2016 @$50.30/share totaling $503.00
  • 3 shares of Amgen Inc (AMGN)  on 4/25/2016 @ $162.65/share totaling $487.95
  • 1 share of Stag Industrial Inc (STAGon 4/25/2016 @ $20.13/share totaling $20.13
This will add $33.07 of yearly dividend income! 

Again, I paid $0 in commissions fees! 

Full Disclosure: Long MO, WFC, AMGN, STAG, ALL HOLDINGS IN MY PORTFOLIO

Are you invested in any of these?  Would you ever consider taking positions as small as mine?

Photo Credit: FreeDigitalPhotos.net by suphakit73

I'm not an investment professional or a licensed financial advisor. This blog represents my personal views and decisions, which may not be appropriate for other investors. Please use common sense or consult with an investment professional before investing your money. I am not responsible for the outcomes of your decisions, nor am I responsible for the comments posted by readers or the contents of any linked websites. This blog should viewed for educational or entertainment purposes only.

2 comments:

  1. i have 3 of the 4 companies,stag,amgn,wfc in my roth ira.

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    Replies
    1. That't great to see someone with common companies especially since I just initiated these positions! I also like ROTH IRA especially if you want to buy MLP or PTP as it makes it much easier come tax time.

      -TDM

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