Recent Buys: June 11th, 2014
Yesterday I added to two positions. First, I bought 20 shares of Baxter International (BAX) for $73.51 a share in my Sharebuilder ROTH IRA. The purchase total was $1,477.15 and gave me annual yield of 2.83%; I now have 42.2379 total shares of BAX.
Here are some recent articles I’ve enjoyed about BAX:
Dividend Mantra has his sights on two stocks this month and one of them is BAX. He explains his reasons for possibly adding to his position in this company. This is a great read!
Dividend Growth Investor gives one of his detailed analyses, and his article increased my confidence on making this purchase.
Second, right after Target Corporation (TGT) announced its latest dividend increase of 21%, I decided to add 28 more shares to my position in my Sharebuilder taxable account at $57.14 a share. The purchase total was $1,606.87 and gave me annual yield of 3.64%; I now have 52.1792 total shares of TGT.
Here is a recent piece I enjoyed about TGT:
Two authors I regularly read on Seeking Alpha had something to say about TGT. Chuck Carnevale shows an attractive fast graph of the company with a brief commentary. David Fish, who manages the CCC list, also states in the first few comments that he has picked up TGT shares recently.
With these purchases, my combined 12 month forward dividend income increases by 16.57% from $659.98 to $769.35.
What do you think of BAX and TGT? What are you buying lately?