Here are my sharebuilder automatic investments this week (10/21/2014).
- AFL – 1.7286 shares @57.85
- V – 0.4763 shares @209.96
- DIS – 1.1469 shares @87.195 (new position)
- JNJ – 1.0036 shares @99.645 (new position)
- WMT – 1.3211 shares @75.695 (new position)
AFL continues to drift downwards since I initiated the position last month and I have been adding to it each week. I added more to V after it went lower than my average price. KO and PEP has been going upwards and hence decided to hold off a bit on those (KO did drop yesterday though). I initiated new positions in three new stocks and all these have been stocks that I have been on the lookout for a while. JNJ and WMT are stocks that have great dividend history with decent dividend yields. DIS’s yield is low and they pay out annually. But I feel that they have great growth potential and including dividend growth based on the brands they own. Their sports TV division (ESPN and its family of networks) is a gold mine that has huge growth potential. The movie division has good brands including Star Wars and coupled with the theme parks etc, I think they have huge potential to grow.
I invested a total of $500 ($100 in each stock). These purchases add $9.65 to my annual dividends. This results in 1.93% yield. Over the course of next several weeks/months, I plan to build positions in the above stocks.
Disclosure: Long on all stocks mentioned above