lucas03 dividend portfolio

[lucas03]

just bought 50 shares of CTL at 11.33, read a bit about their optical cables in US and seemed a good buy. Though it's not in a CCC list

[EricL]

(07-22-2019, 04:24 PM)lucas03 Wrote: just bought 50 shares of CTL at 11.33, read a bit about their optical cables in US and seemed a good buy. Though it's not in a CCC list

It's not on the CCC list because CTL has cut the dividend twice in the last ten years, and by 53% in March.

It has a junk BB credit rating and negative growth.

Don't be enamored by the 8.8% yield, it's a trap.

[lucas03]

yeah, I've read an article even though there are problems, they have big market share in optical network. Did not buy that because of yield But probably should have looked further

[lucas03]

I added 4 shares to my XOM position at $70. Order has been there for some time, but it did not reach 70. I had 2 shares at 81 since Feb 2019 and 2 shares since March 2018 at 75

[fenders53]

(08-05-2019, 01:41 PM)lucas03 Wrote: I added 4 shares to my XOM position at $70. Order has been there for some time, but it did not reach 70. I had 2 shares at 81 since Feb 2019 and 2 shares since March 2018 at 75

Good for you!  Patience is how you win this game longterm.

[lucas03]

Just bought 10 shares of MO and 10 shares of KHC to lower average cost basis. I wanted to do 1 buy per month, as I expect more problems in the upcoming year and wanted to stack up cash for future buys, but these were hard for me to pass by.

[lucas03]

Just bought 14 shares on LB, not really sure about this one, but with entry in 2017 for 58$, I had to buy more. https://monosnap.com/file/OVTqGQxfaLMAME...DYk2l6RmNa

[lucas03]

Added 8 shares of M to my portfolio - https://www.digrin.com/portfolio/24-dgi/transactions/

[lucas03]

initiated position in SKT, 13 shares for 17$, should have entered a bit sooner

[lucas03]

Bought 3 shares for 86$ of ABBV today

[divmenow]

(12-03-2019, 02:37 PM)lucas03 Wrote: Bought 3 shares for 86$ of ABBV today

Nice ABBV is very undervalued still even after the run-up it has had. You should look at CVS as well. Very undervalued and should trade in the 90's in 2020.

[lucas03]

Thanks, CVS is actually my largest position currently - https://www.digrin.com/portfolio/24-dgi/