Buy: TEVA

Along with my regular Drip purchases that went through on Wednesday, an open limit order with TEVA also went through.

Purchased 40 shares at $37.65 for an initial yield of 2.08%.

TEVA is the largest generic pharmaceutical company in the world and is currently trading with a forward PE of 7 (among its lowest since 1998 verses its normal PE range of 20-22).  I believe TEVA represents very good value at these prices.

This purchase added $31.40 to my annual dividend income. 

Sharebuilder DRIP Purchases

Market was down 24 points to close at 13,115.  Today's buys:

• $250 of TEVA at $37.62. Yield 2.09%. 

• $250 of PM at $83.29. Yield 4.08%.  

• $200 of MO at $31.46. Yield 5.59%.

• $200 of INTC at $20.77. Yield 4.33%

 Total purchases of $900 adding $35.38 to my annual dividend income.

Sharebuilder DRIP Purchases

The market has continued to rally as sentiment has shifted to believing that Washington will avert the fiscal cliff.  Market was up 116 points to close at 13,351.

Today's buys:

• $250 of TEVA $38.73. Yield 2.03%
  

• $200 of INTC at $20.79. Yield 4.33%

• $200 of KMI at $35.07. Yield 4.11%. 

 Total purchases of $650 adding $21.94 to my annual dividend income. 

Sharebuilder DRIP Purchases

We have had a little rally over the past week.  Market was up 79 points to close at 13,248.

Today's buys:

• $250 of EXC at $30.05. Yield 6.99%.  I am currently down about 20% on my EXC position and I do think there is a good chance for a divided cut next year.  With that said, I do think it is over sold.  I am not going to aggressively add to this position but do think it offers value in the $30 and below price range.  Of course I could be catching a falling knife.
  

• $200 of INTC at $20.59. Yield 4.37%.

• $200 of RDS.B at $70.33. Yield 4.89%.  

• $200 of KMI at $33.35. Yield 4.32%.

Total purchases of $850 adding $44.63 to my annual dividend income. 

Sharebuilder DRIP Purchases

Market has been flat the past week. Closed today at 12,952.  Today's buys:

• $250 of MCD at $86.40. Yield 3.56%.  

• $250 of INTC at $19.78. Yield 4.55%.

• $200 of RDS.B at $69.15. Yield 4.97%.  

Total purchases of $700 adding $30.24 to my annual dividend income. 

Quick thought..my gym membership is $30 per month.  Today's purchase will buy one month of my gym membership for the rest of my life.

November 2012 Dividend Income Update

Dividends Received

Total dividends received during the month were $502.05:

• ABT $136.65
• KMR $119.41
• PG $75.57
• KMI $59.74
• PAYX $45.38
• VZ $40.64
• CLX $15.39
• CAT $9.27

Purchases

This months purchases:

• $4175 of INTC at $19.62. Yield 4.59%.
• $1325 of MCD at $86.30. Yield 3.57%.
• $400 of MO at $31.78. Yield 5.54%
• $400 of PM at $86.27. Yield 3.94%.
• $400 of RDS.B at $68.22. Yield 5.04%.
• $400 of KMI at $33.33. Yield 4.32%.
• $250 of CAT at $82.64. Yield 2.52%.  
• $200 of CVX at $103.66. Yield 3.47%

Also reinvested all dividends.
 
$8,052 in total new capital added (including reinvested dividends) with initial yield of 4.34%. 

Dividend Increases

• BDX 10% raise. +$23.75 annual income.
• EMR 2.5% raise. +$2.89 annual income. 

All together, annualized dividend income increased by $376 from last months total of $8,321 to $8,697. This means my dividend stocks will pay $8,605 in dividends over the next 12 months.