As quarter ends our 200 EUR/mo. savings gathered some capital for investment so I started screening the market. For that reason I made My investment financial analysis as I was thinking to expand some of our portfolio positions. Main pretenders were PG and JNJ, as you can guess I went for PG. Main reason is that this share had the ‘worst performance’ what relates to changes in my portfolio market value changes as it decreased from 82,5$ when we bought PG shares back in Februrary to ~77$ at the moment which is -7%. Sad thing here is that PG share price had a nice dip to even 70$ back in May, but since then has rebounded a bit.
At middle of this week we bought 8 shares of Procter & Gamble paying 77,15 USD / share or paying 627 USD (incl. fee). With current dividends of 0,7172 USD/quarter YOC stands at nice 2,6% after tax (-30%) giving us +16,1 USD or +13,7 EUR annual dividend income and increasing our Passive dividend income to 423 EUR. or 35 EUR/mo.
I was also thinking about adding new positions and was considering between LEG, GPC, SON, ABBV and CSCO, but maybe on next quarters 🙂 So what do your think is PG a good buy of should I picked other companies?
p.s. It seems that I still cannot buy US REITS due to this MifidII so I did not bought O or OHI 😦