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Next DGI purchase: what to do?
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This is cross-post from my blog but I am searching for some advice. I just deposited €1000,- to my brokerage account. Together with the accumulated dividends of the last months (€500) I am able to open up another position in my dividend growth portfolio. Given the fact that the US dollar and the Euro are looking at parity maybe somewhere in the next few months, I was pondering to purchase a Euro-based dividend company. However the 'Euro Dividend All Stars' (maintained by No More Waffles) provided me with less options than I originally anticipated!

I used the following criteria in my search:
  • P/E-ratio < 20;
  • 3-, 5- and 10 DGR > 6%;
  • Yield > 1.5%;

This set of criteria yielded me with 6 investment options. All of those are hovering near their 52wk highs. I only recognized BASF (materials) and BMW (auto industry). However I am not keen on getting into the auto industry. So maybe BASF? Unfortunately they only pay their dividends once per year Sad

So what about US dividend stocks? There seems to be some consensus that certain stocks are good buys in the current market environment. I've seen a few 'recent buy' posts about JNJ, T and TROW. However, Praxair (PX) is looking nice at $122 as well (P/E-ratio at 21x though). Blackrock's (BLK) stock price has run up slightly since the beginning of the year, so perhaps TROW is a slightly better option right now? Realty Income (O) decreased almost 10% in the last 3 months and is a monthly dividend payer. Definitely O would be a nice quality addition to my portfolio!

Does someone out there have some good advice for me? Or maybe some other suggestions? I am looking forward to hearing from you Smile
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Messages In This Thread
Next DGI purchase: what to do? - by DividendDream - 04-27-2015, 03:30 PM
RE: Next DGI purchase: what to do? - by ChadR - 04-27-2015, 04:42 PM
RE: Next DGI purchase: what to do? - by EricL - 04-27-2015, 09:54 PM
RE: Next DGI purchase: what to do? - by Kerim - 04-28-2015, 10:01 AM



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