New purchases due to rebalancing of portfolio

My girlfriend and me purchased a new house this month and as a result we both decided to take part of the value from our stock portfolio’s as we tend to don’t like to have high fixed costs in a mortgage.

As a result a sold some positions and also did some extra sales to buy new stock to keep a proper sector allocation.

5 new companies were added to my portfolio

Münich RE (MUV2.DE)

Münich RE is a German reinsurance company. Current yield is around 4,3%. Dividend is paid only once per year.

I purchased 10 shares in Münich RE and this should result in €98 per year in dividend income.

Tencent (NNND)

With Tencent I increase my allocation to China and the Technology sector. Tencent is a Chinese conglomerate with many different activities. Tencent is the world biggest video gaming company, but also big in social media in China with WeChat.

A minus of Tencent is that the company is difficult to comprehend as they have hundreds of minority shares in other companies.

I purchased 40 shares on the Frankfurt stock exchange. The dividend yied of Tencent is currently 0,26% so my dividend income will only increase by $5,60.

LEG Immobilien (LEG.DE)

With LEG Immobilien I add one more German company to my portfolio. LEG Immobilien is an real estate investor focussing on residential properties. LEG is owning over 130.000 residential objects in Germany.

I already own various REIT’s, but none focussing on housing. Where often the dividend of real estate investors is often higher than their EPS, this is not the case for LEG.

German companies are often conservative in their payout ratio and this also applies to LEG Immobilien. Current yield is 3,0% with a payout-ratio of 25%.

I purchased 17 shares LEG Immobilien resulting in €61,20 extra dividend income per year.

AvalonBay Communities (AVB)

With AvalonBay Communities I add a second investor in residential properties to my portfolio, but this time with exposure to the American market.

Yield of AvalonBay is currently 4,0%. As a result of the 14 shares I expect to receive $89,04 in dividend per year from AvalonBay Communities.

Gilead Sciences (GILD)

Gilead Sciences is already for a long time on my watchlist. I’m waiting for a long time in a attractive price to start a position. I like the position Gilead sciences has in the HIV market.

From an investors perspective this market is very attractive as HIV is a chronical disease and a customer will normally be a customar for live.

I purchased 30 shares Gilead Sciences which will increase my yearly estimated income with $81,60