Last week I used the proceeds which I got from selling my Warehouses de Pauw shares to buy 27 Albemarle Corporation at a price of $65,36.
Albemarle Corporation is active in the specialty chemicals market. Albemarle Corporation is having a leading position in lithium, bromine and refining catalysts. Lithium is the biggest income and profit course for Albemarle.
Albemarle is currently paying a dividend of $1,47 per share so as a result the the yield on cost for me is 2,25%. As a result of this purchase my yearly estimated dividend income will increase by $39,69.
Last week I sold 105 shares Monmouth Real Estate and with the proceeds I purchased 38 shares Carnival Corporation at a price including transaction costs of $44,56.
Carnival Corporation is a British-American cruise operator. They are operating a fleet of over 100 vessels across 10 different cruise line brands.
Carnival Corporation is currently paying a dividend of $2,00 per year. As a result my yield on cost is 4,48%. With this purchase I add $72 to my yearly estimated dividend income.
Today I purchased 30 shares Monmouth REIT at a price of $14,41. I now own 105 shares with. With this purchase my average purchase price declined from $16,23 to $15,71.
At the moment Monmouth is paying a yearly dividend of $0,68 per share. This purchase of 30 shares will increase my yearly estimated dividend income with $20,40.
Since starting a position in Monmouth I received €92,37 in dividends.
Today I added 14 shares Caterpillar to my portfolio against an average price of $131,02.
As a result of this purchase my yearly estimated dividend income will increase by $57,68.
Based on the current quarterly dividend of $1,03 my yield on cost is 3,14%.
Today I purchased 650 shares Legal & General Group against a price per share including transaction costs and stamp duty of GBP 2,21.
With this purchase my yearly estimated dividend income will increase with GBP 108,88.
Legal & General Group will pay their interim dividend in September and next month I will recieve a first dividend payment from Legal & General contributing GBP 32,05 to my dividend income this year.
The expected yield on cost based on the current dividend is 7,57%.
Legal & General Group is active as asset manager and is also the UK’s largest provider of life assurance products. Legal & General is also leading the market in managing retirement risk for pension schemes in the UK and the USA.
Recently I purchased 60 preferred shares Colony Capital H at a price of $22,48. Coupon of this preferred stock is 7,125%. As a result the yearly dividend paid on this shares is $1,78125.
At the current stock price of $22,48 this is giving me a yield of 7,92%.
The preferred H stocks are callable from 13 April 2020 so this is giving me a realistic chance that within 9 months this preferred stock will be redeemed against $25 which is over 11% above the current price.
With this purchase I add a quarterly dividend of $26,72 to my portfolio, but as a result of a possible redemption in April 2020 it’s possible that I will only enjoy the dividend payment for 3 quarters.
Last week I bought 35 shares Taubman Centers at a price of $40,78 including transaction costs.
At the moment Taubman is paying a quarterly dividend of $0,675. Based on this dividend my yield on cost will be 6,62%.
With this purchase I increase my yearly estimated dividend income with $94,50.
Last week I bought 10 more shares of AbbVie at a price of $67,77. After AbbVie announced the purchase of Allergan, the stock price tanked as a result of the premium paid for the takeover.
I decided to add 10 more stocks AbbVie to my portfolio. As a result of this purchase I now own 45 shares AbbVie.
By making this purchase my average purchase price of AbbVie stocks declined from $82,84 to $79,50.
As a result of buying 10 more shares my yearly estimated dividend income will increase by $42,80. Based on the new average purchase price the new yield on cost for me is 5,38%.
This week I purchased 180 shares Annaly Capital Managment at a price of $9,33. The current quarterly dividend of Annaly Capital is $0,25 per share so my yield on cost is 10,7%.
As a result of the purchase of 180 shares Annaly Capital my yearly estimated dividend income will increase by $180.
Annaly is relatively high risk addition to my portfolio. Annaly is a mortgage REIT and the current market with low interest rates is not favorable for mREIT companies.
Due to the marketconditions Annaly Capital reduced it’s quarterly dividend from $0,30 to $0,25. The current shareprice is basically around it’s 3 years low and I decided to start a small position in Annaly. I bought these shares knowing that the dividend can be cut again, but at the current price I’m willing to add Annally to my portfolio.
This is my 2nd purchase of a mortgage REIT this year. Earlier this year I started a position in AGNC Investment. These 2 mREIT’s are almost 3% of my total portfolio and as mREIT’s are relatively high risk, I don’t plan to increase my exposore to mREIT’s any further.
Today I purchased 80 shares Macerich at $41,11. Macerich is paying a quarterly dividend of $0,75 per share so as a result of this purchase my yearly estimated dividend income will increase with $240.
My yield on cost based on a total dividend of $3 per year is 7,3%.
I had Macericht on my watchlist for a long time with as trigger to buy it if shares would go over 7%. Macerich is a REIT owning high quality shopping malls. The is down around a thrid since the 52 weeks high reached in the summer of 2018.