Recent Stock Purchase III – May 2016

I added positions in 3 existing companies in third week of May. 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 360 days of my freedom race and it was nice to have crossed $700 in passive income for the 2nd time. Without further ado:

1) Chatham Lodging Trust (CLDT): 10 positions at $21.25 on 5/18
2) EPR Properties (EPR): 5 positions at $70.00 on 5/17
3) W.P. Carey Inc. (WPC): 5 positions at $62.00 on 5/18

Due to addition of new companies over last several weeks, total number went up to 89 wonderful companies in my portfolio. Following companies are my in watch-list over coming weeks and months: Dow Chemicals Co. (DOW), Host Hotels & Resorts, Inc. (HST) and Occidental Petro. Corp (OXY).

Full Disclosure: Long on above mentioned stocks except DOW, HST, OXY.

Like any of these buys or own them?

2 thoughts on “Recent Stock Purchase III – May 2016

    • Hi IH,

      Absolutely! Achieving a new milestone every time motivates all of us to march forward. Sure it feels great to receive such kind of income that I did not had. Looking forward to my next target of $1K in passive income and that will be awesome! Thanks for stopping by as always.

Leave a Reply

Your email address will not be published. Required fields are marked *