Recent Investing Transactions

With the combination of my brokerage and Roth IRA hitting $30,000, I decided to slightly modify my portfolio allocation from mostly ETFs to mostly stocks with a few ETFs. I sold large portions of SCHV, SCHA, SCHC, and SCHD in order to have the capital to invest directly in individual stocks. I then picked an assortment of stocks that I feel were at a reasonable entry price, had an adequate yield (around 3% or greater), and good history/ projection of continued dividend and earnings per share increases. As I’m only 29 (soon to be 30 in July), I’m not super concerned with entry price…I’ll be contributing to this portfolio for many years to come and am more interested in dividend growth.

With the adjusts in my portfolio below, my overall portfolio dividend yield will have increased from around 2.5% to 3.1%, increasing my expected annual dividend amount from $750 to $938 (at the current portfolio value of $30,000). With regular purchases throughout the remainder of 2013, I should be able to easily raise the annual dividend amount past my goal of $1,000 for the year 2013. I have decided to allow the dividends to be automatically reinvested. I know that this might force purchases of “overvalued” equity but feel that in the long-term, the dollar-cost averaging will work out okay.

I’ll also try and be more diligent with updating the blog to reflect new purchases and monthly dividends.

My current portfolio can be viewed here.

Here’s the recent purchases below:

Company Symbol Shares Price Yield Expected Annual Dividend
Apple AAPL 9 $401.76 2.62% $95.40
Aflac AFL 58 $51.26 2.72% $81.20
Avista AVA 144 $27.66 4.49% $178.56
Chevron CVX 25 $118.79 3.05% $90.00
Harris HRS 48 $43.75 3.40% $71.04
Kinder Morgan KMI 100 $39.97 3.80% $152.00

Disclosure: Long AAPL, AFL, AVA, CVX, HRS, KMI

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