Thursday, December 5, 2013

Sharebuilder DRIP Purchases- PM, KMI

Reporting my weekly buys that went through earlier this week.

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%
 $450 of new capital invested adding $20.39 to my annual dividend income.

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. 


  1. 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.

  2. Bryan,

    Thanks 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.


  3. Any worry that the 5%+ dividends will slow down dividend growth b/c of the high yields?

  4. Love KMI. Picked up some more last week around $33.

    Nice purchases!

  5. Evan,

    Kinder'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!


  6. Dividend Warrior,

    I 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!