Recent Stock Purchase I – June 2016

I added positions in 5 existing companies in second week of June. I plan to keep adding these dividend growth stocks to improve my passive dividend income to a point where all my expenses are covered by the passive income generated by them.

Below are the companies where I put my capital on towards my race for earning $3000 per month in 3000 days. Last month, I completed 390 days of my freedom race and it was nice to have crossed $1000 in passive income for the first time. Without further ado:

1) Abbott Laboratories (ABT): 5 positions at $38.90 on 6/08
2) Flowers Foods, Inc. (FLO): 10 positions at $25.00 on 6/09
3) General Electric Co. (GE): 10 positions at $30.22 on 6/13
4) Toronto-Dominion Bank (TD): 10 positions at $45.00 on 6/09
5) W.P. Carey, Inc. (WPC): 5 positions at $65.63 on 6/06

Due to addition of new companies over last several weeks, total number went up to 92 wonderful companies in my portfolio. Following companies are in my watch-list over coming weeks and months: Medtronic plc (MDT)Becton, Dickenson and Co. (BDX), Sysco Corp. (SYY), Modelez Intl., Inc. (MDLZ) and Whole Foods Market, Inc. (WFM).

Full Disclosure: Long on above mentioned stocks except MDT, BDX, SYY, MDLZ, WFM.

What do you think about these recent buys?

4 thoughts on “Recent Stock Purchase I – June 2016

  1. R2R,

    NICE! And whoa. Everyone seems to be scooping up FLO – use their products? Like their bread? Let me know! Congratulations, though, that’s some nice income you’ve created there.

    -Lanny

    • Hi Lanny,

      Yeah. FLO is as hot a commodity as eating food to keep alive 🙂 Absolutely love using their products: Nature’s own, Cobblestone, Homepride, Sunbeam, etc, as they add to my passive income as well. My target is $3K in 3K and $1K was the first step in that direction. Thanks for stopping by and commenting.

    • Hi IH,

      Appreciate the kind words: it was great to have crossed $1K and it was a magic figure that I was looking for since sometime. I’m sure that you will achieve even before 12 months, it’s compounding magic as we know. Thanks for stopping as always.

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