Tuesday, 31 May 2016

New Purchase - CVS Health

Today, I added to my position in CVS. I think both CVS and WBA will grow exponentially over the next couple decades.

Number of shares purchased
50
Price per share
$96.80
Commission
$9.95
Total cost per share
$97.00
Total cost
$4,849.95
Annual dividend per share
$1.70
Initial dividend yield
1.75%
Increase in forward 12-month dividends
$85


My original purchase of CVS was for 100 shares back in March 2013 @ $52.60. The dividend yield was $0.90 / $52.60 = 1.71% and 2012 EPS was $3.03 (PE = 17.4). My YOC for these 100 shares is now $1.70 / $52.60 = 3.23%.

2015 EPS was $4.62 (PE = 21.0). 2016 and 2017 EPS are estimated at $5.86 (PE = 16.5) and $6.60 (PE = 14.7), respectively.

With this purchase, my 12-month forward dividend income is $10,598.

Monday, 23 May 2016

New Purchase - ABT

Today, I used some cash from the sale of Baxalta to buy some shares in Abbott Laboratories. I like the potential aquisition of STJ.


Number of shares purchased
150
Price per share
$37.47
Commission
$9.95
Total cost per share
$37.54
Total cost
$5,630.45
Annual dividend per share
$1.04
Initial dividend yield
2.77%
Increase in forward 12-month dividends
$156

With this purchase, my 12-month forward dividend income is $10,591.

Thursday, 19 May 2016

Dividend growth at work - JP Morgan

In case you missed it, on May 17, JP Morgan increased its quarterly dividend to $0.48 from $0.44, or 9.1%.

I purchased shares of JPM during the London Whale incident in 2012. My initial purchase in May was for 100 shares @$36.65. I then bought 100 more in June @$32.05. My average dividend yield at the time was $1.20 / $34.35 = 3.49%.

Since this time, the yearly dividend has been bumped up from $1.20, to $1.52, to $1.60, to $1.76, and lately to $1.92.

In 4 years, my dividends have risen from $240 to $384, which gives me a YOC of 5.59%. I wish all my investments were as successful!

On another note, I sold my 200 shares of Baxalta this week. If I did the math right, my cost basis was $6,388.00 and I sold them for $8,683.86. The dividend was pretty shitty but the capital gain of 35% was fantastic.

Wednesday, 11 May 2016

Entertaining Myself with Trading - Pason Systems

I've been trading in and out of Pason Systems since last year:

Feb 2015  bought 100@$18.35
Dec 2015      sold 100 @$21.35

Mar 2016  bought 100@$16.52
Apr 2016       sold 100@$18.25

May 09, 2016  bought 115@$16.05

Today the stock dipped to $14.98 and then recovered to $16.12. The 6% dip was due to poor quarterly results...but  3 months ago, the CEO said to expect poor performance over the next year. Short memory people have.

So far so good.