This was a busy week from a dividend perspective as I received 8 raises from GATX 4%, MMM 0.7%, BEP & BEPC 5.1%, ALE 2%, PRU 4.5%, AVA 4.3%, and BCE 5.1%. Markets continued higher but still found some room to buy this week. Here is a summary of my buys for the week.
- AbbVie Inc. (ABBV) – increased position – Good thing I bought this early in the week as share price steadily rose after they released earnings. Grabbed 4 shares @ $102 and a 5.1% yield.
- Avista Corp. (AVA) – increased position – It’s been a couple months since the stock price was below $38/share. Grabbed 5 shares @ $37.15 and a 4.41% yield (4.55% after the raise).
- Unilever (UL) – new position – I’ve been watching UL and KMB slowly come down in price. KMB has the better financials but I like ULs portfolio of products a bit better as they can spin-off or sell some brands to kickstart growth. Grabbed 18 shares @ $54.91 and a 3.33% yield.