This weeks purchases 12/3 (Dow 15,915):
- $250 of PM at $85.47. Yield 4.40%.
- $200 of KMI at $34.92. Yield 4.70%
Note: KMI sold off almost 6% the past 2 days after my buy went in on Tuesday on weaker then expected 2014 guidance. It is now sitting at a 5% yield and forecasts an 8-10% increase in the dividend in 2014.
Hi AA. The yield sensitive names have been getting hit lately. I'm looking to buy KMI soon.....maybe even tomorrow if we get a really strong US jobs number and high yielding stocks sell off. Keep up the good work.
ReplyDelete-Bryan
Bryan,
ReplyDeleteThanks for stopping by. Yes, I also noticed O is now yielding 6% after getting taken down about 5% this week.
I will continue to add to both KMI and KMR at these levels but do think we are due for a little market correction.
cheers,
AA
Any worry that the 5%+ dividends will slow down dividend growth b/c of the high yields?
ReplyDeleteLove KMI. Picked up some more last week around $33.
ReplyDeleteNice purchases!
Evan,
ReplyDeleteKinder's forward guidance with the dividend raise is typically spot on. KMI forecasted 8% div growth for 2014. 5% plus 8% div growth is pretty outstanding.
Thanks for stopping by!
AA
Dividend Warrior,
ReplyDeleteI also picked up some more KMI today with my weekly Sharebuilder purchases. I think all the Kinder companies are good value here.
Checked out your blog and see you are also doing the Sharebuilder plan. Like I've said before, I think its a great plan for building a portfolio. I think you will be happy with the results!
cheers!
AA