Buy List updated
This is an update to a previous entry, and this list is probably final.
I was originally planning to wait until I've used up all of my free trades in February before I went back to buying large caps, but with the remarkable market conditions that we're currently seeing, I realized that it's better to go ahead and just get started now. So here's a list of the large cap and dividend growth companies that I'll be purchasing moving forward. The first 10 companies to be purchased on 9/20/2011, and I'll be buying clusters of 10 companies every two weeks after that until the trades are all used up.
I selected them myself, but I did use the 2011 edition of "The 100 Best Stocks You Can Buy" as a tool to look at earnings histories. It's similar to the stock guide that S&P publishes but with all the less good companies removed. I narrowed the choices down to companies showing good earnings growth, above average yields, yield growth, and in the case of Apple, a company that is changing the face of the electronics world. Dividends were a major factor. I took out almost everything that wasn't carrying over a 2% yield unless there was very good growth in the payments.
The companies listed below are not sorted in the order that I think they're the best values, but rather by dividend ex-dates, and in order of yield from highest to lowest so that I can get as many payments as possible between now and February. I might make a few tweaks to the list, but I don't really need to add more to it, this is plenty more diversified than I need to be, and there are already 103 companies in my income portfolio right now.
Most companies here will have ex-dividend (The day that you need to buy them before to collect the dividend) dates about one month before they pay out. You can check the latest information at dividendinvestor.com.
Odd pay dates:
The Coca-Cola Company April/July/October/December
PepsiCo January/March/June/September
Nintendo July and December. **Ex-dates are usually 3 months prior.**
January/April/July/October group:
Annaly Capital
Kimco REIT
Kimberly-Clark
Sysco
General Electric
H.J. Heinz
Kraft Foods
General Mills
Medtronic
McCormick & Schmitt
Johnson Controls
Monsanto
Nike
Stryker
Ecolab
February/May/August/November group:
Suburban Propane
Paychex
Nucor
Abbot Labs
Procter & Gamble
Air Products & Chemicals
Colgate-Palmolive
Caterpiller
Teva Pharmaceuticals
Starbucks
Johnson & Johnson
Wells Fargo
March/June/September/December
Eli Lilly
Conoco Philips
Marathon oil
Bemis
Chevron-Texaco
McDonalds
3M
United Technologies
Microsoft
J.M. Smuckers
Norfolk Southern Corp
Target
Praxair
Walgreens
Sherwin-Williams
IBM
Church & Dwight
No dividends, but I think they are outstanding companies and I will continue to accumulate them regardless of price or market conditions:
Apple
Berkshire Hathaway
I was originally planning to wait until I've used up all of my free trades in February before I went back to buying large caps, but with the remarkable market conditions that we're currently seeing, I realized that it's better to go ahead and just get started now. So here's a list of the large cap and dividend growth companies that I'll be purchasing moving forward. The first 10 companies to be purchased on 9/20/2011, and I'll be buying clusters of 10 companies every two weeks after that until the trades are all used up.
I selected them myself, but I did use the 2011 edition of "The 100 Best Stocks You Can Buy" as a tool to look at earnings histories. It's similar to the stock guide that S&P publishes but with all the less good companies removed. I narrowed the choices down to companies showing good earnings growth, above average yields, yield growth, and in the case of Apple, a company that is changing the face of the electronics world. Dividends were a major factor. I took out almost everything that wasn't carrying over a 2% yield unless there was very good growth in the payments.
The companies listed below are not sorted in the order that I think they're the best values, but rather by dividend ex-dates, and in order of yield from highest to lowest so that I can get as many payments as possible between now and February. I might make a few tweaks to the list, but I don't really need to add more to it, this is plenty more diversified than I need to be, and there are already 103 companies in my income portfolio right now.
Most companies here will have ex-dividend (The day that you need to buy them before to collect the dividend) dates about one month before they pay out. You can check the latest information at dividendinvestor.com.
Odd pay dates:
The Coca-Cola Company April/July/October/December
PepsiCo January/March/June/September
Nintendo July and December. **Ex-dates are usually 3 months prior.**
January/April/July/October group:
Annaly Capital
Kimco REIT
Kimberly-Clark
Sysco
General Electric
H.J. Heinz
Kraft Foods
General Mills
Medtronic
McCormick & Schmitt
Johnson Controls
Monsanto
Nike
Stryker
Ecolab
February/May/August/November group:
Suburban Propane
Paychex
Nucor
Abbot Labs
Procter & Gamble
Air Products & Chemicals
Colgate-Palmolive
Caterpiller
Teva Pharmaceuticals
Starbucks
Johnson & Johnson
Wells Fargo
March/June/September/December
Eli Lilly
Conoco Philips
Marathon oil
Bemis
Chevron-Texaco
McDonalds
3M
United Technologies
Microsoft
J.M. Smuckers
Norfolk Southern Corp
Target
Praxair
Walgreens
Sherwin-Williams
IBM
Church & Dwight
No dividends, but I think they are outstanding companies and I will continue to accumulate them regardless of price or market conditions:
Apple
Berkshire Hathaway