Dividend Growth Forum

Added MO, EOG, OXY, WMT and ENB

New position in SBLK

Anyone own it?

SBLK: I bought I little sliver for a dividend capture prior to their last dividend (held for about a week or so). Bulk cargo stocks (and shipping stocks in general) are definitely in the sweet spot of the economic/inflation cycle.

(06-08-2022, 01:56 PM)MrFortune Wrote: [ -> ]Added MO, EOG, OXY, WMT and ENB

Thought I should stop by and see what you knife catchers are buying today.  Nice bottom buy on the oil today.   

Kidding, I still own plenty of oil.

I swapped out some WHR for BBY shares @$76.00.

Added NOC, WEC, BDX and DLR

Added TXN. I probably have enough of this but I didn't find anything better to buy so I figured why not.

(06-09-2022, 03:06 PM)crimsonghost747 Wrote: [ -> ]Added TXN. I probably have enough of this but I didn't find anything better to buy so I figured why not.

I exited my TXN position either late last year or early this year.  It's one of the ones I will consider getting back into at some point.  No rush though.

Added 16 names today. Too many to list lol

Added BP, DVN, APPL, MO, ALL, AVGO, TROW, KO, MSFT, CB and DUK

Did some shuffling in my DGI portfolio, selling out of some slower growth positions.

Trimmed AAPL down to an equal-weight position.
Sold out of positions in FLO, T, WBA, WBD

Added to positions in MED, O, STAG, TROW, TXN
Started new positions in ADC and EXR.

The following stocks hit my buy targets today: AAPL, NSC, DIA, EXC. I have held all of these stocks for more than 10 years and periodically trade them and build ever larger positions on most names. All trades are profitable and 95% of the time I purchase the same stock back at a lower cost than my last sale.

NSC as an example: My last post on this forum indicated that I purchased one partial position of NSC at $231.40/share on 5/25/22. On June 8, 2022 I sold that partial position at $245.70/share for a $14.30/share profit (a 6.2% gain in 2 weeks). Today I re-purchased NSC at $228.83/share.

I periodically make permanant adds to positions by reinvesting either accumulated dividends or accumulated trading profits. The EXC purchase today ($45.99/share) was a purchase that was funded by accumulated trading profits. The trading profits for EXC have currently accumulated to allow the purchase of approx. 10 partial positions. The accumulated dividend profits have a balance that will allow 4 partial positions to be purchased. Both trading profit and dividend profits are used for purchasing additional shares when a certain price target is met.