Recent Stock Purchase II – October 2015

Last week, I invested in 2 companies: Emerson Electric Co. (EMR) and Kinder Morgan, Inc. (KMI). I plan to use these dividend growth stocks to build my passive dividend income in the coming weeks and months. I updated my Portfolio and it shows my latest positions at the end of September.

Below are the companies that I put my capital on towards my race for earning $3000 per month in 3000 days. Last month, I completed 150 days of my race and this month, I’ll be completing 180 days of race. Without further ado:

1) Emerson Electric Co. (EMR): 20 positions at $45.00 on 10/16: $900.00
2) Kinder Morgan, Inc. (KMI): 30 positions at $32.00 on 10/12: $960.00
                                                 + 30 positions at $32.00 on 10/16: $960.00

Total Investments: $2820.00

I’ve 52 wonderful companies in my portfolio, achieving my initial goal to own 50 companies so that I’m diversified across various sectors and not putting all eggs in one basket. Now, I’m planning to add few more quality companies in my kitty.

Full Disclosure: Long on both mentioned stocks.

Are you considering to buy any of these companies or any other company in O&G sector.

Thanks for reading.

8 thoughts on “Recent Stock Purchase II – October 2015

  1. I like both of these buys. I can’t wait to start generating free cash flow again and get back to investing. I don’t know if I’ll add to my KMI position due to its already large size in my portfolio but man is it looking juicy here. I am looking at increasing my industrial exposure. ETN is probably first up for me but I do want to add to my EMR stake as well.

    • Hi JC,

      Good to hear that you like both buys, we are on the same page here. Its always a great time to start putting capital to work, as I like to do. Definitely, no question about that, it is really looking juicy 🙂 I’m tempted to add more KMI in my portfolio. Industrials like ETN and CAT are also good choices and I’m considering them too.

      Thanks for stopping by and comments.

  2. Congrats on the recent buys! I have been watching KMI for a long time but am not really sure how to approach the super high payout ratio, I probably need to take a deeper look at the company. I do like Richard Kinder and his heavy insider buying/stake in the company though! Keep up the good work!

    • Hi StockHobo,

      Appreciate your kind words for the buys. KMI is in its unique pipelines space and Kinder has publicly stated to grow dividends by at-least 10% up to 2020. Definitely, KMI being in energy sector, is throwing some challenges, however, its part of my core portfolio. I may add more if prices slide to average down.

      Thanks for stopping by and appreciate the comments.

    • Hi Vivianne,

      Absolutely, you got it, my friend. That brings out the value investor in me and good yields are icing on the cake to have. I like to deploy the capital as soon as I lay my hand on it. However, many energy companies have nicely recovered, yet below their 52 week high and still good to add them in your portfolio.

      Thanks for stopping by and nice comments.

  3. Like the EMR buy. But you already know that 🙂 Still have to make my October buys. Either this week or next I’ll be buying something from my October considerations list. Thanks for sharing.

    • Hi DH,

      As far EMR goes, we are on same page and happy campers too 🙂 We are getting into fag end of Oct and you need to fire your BB gun soon. Now, with correction in rear mirror, market might vault up during thanks giving and holidays season. Its absolutely crazy that market has been going up for almost 7 years and not in bear territory yet!!

      Thanks for stopping by as always and commenting.

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