Market bounce came to a complete halt when inflation data came out. Volatility is just oh so fun.
I received 5 dividend raises this week; Ares Capital (ARCC) 2.44% plus a special 12 cent payout spread over 4 quarters, Hasbro (HAS) 2.94%, 3M (MMM) 0.7%, Pepsico (PEP) 6.98%, and T. Rowe Price (TROW) 11.11%. Here are my trades for the week:
- Air Products (APD) – increased position – It has been a long time since I last bought APD but downward share price caught my attention. Grabbed 2 shares @ $249.31 and a 2.6% yield.
- T. Rowe Price (TROW) – increased position – Share price still in the dumps but with even a better yield after their announcement. Grabbed 2 shares @ $148.54 and a 3.23% yield.
- Global X S&P 500 Risk Managed Income ETF (XRMI) – new position – picked up a small position to go with NUSI. This is an experimental buy with no plans to add more shares. My goal is to hold and see how leveraged funds will work with my portfolio up to retirement and decide if it is something to increase the day I move into retirement. Grabbed 100 shares @ $25.62 and a 8.51% yield.
Simple Dividend Growth 
Interesting, I also bought APD and TROW this week. Together with MPW, BCE and PZA in my atlantic crossing. The rest of my purchases was swedish stocks. Little by little….
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Great minds think alike :). MPW is one of my favorite REITs and BCE keeps turning out decent raises, I have a large position in both already. Another stock I’ve been accumulating is Snap-On Tools (SNA).
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Initiated a position in SNA a couple of months ago. Intend to add to it continously. Stumbled over your blog, interesting with a native 🙂 invester. I hold aprox 40% of my investments in USD positions and 7% CAD.
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Everybody seems to be scooping up TROW, great stuff SD!
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That’s the one thing I love about our community we all see an opportunity and take advantage of it. And it doesn’t matter where you live in the world we all seem to be made of the same stuff 😂
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Been loading up on TROW as well.
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Only fear I have with TROW is they had a decent amount of exposure to Russian stocks so AUM will take a hit. Still a well run company though.
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Yes I’ve been trying to find a solid number on total exposure – I heard they will market it down to zero so there may be short term pain but I think it’s a good price to buy more and get paid to wait 🙂
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