Recent addition: Pepsico

On thursday the 17th of May I decided to let go of my Sanofi shares, I collected the yearly payout and got a small capital gain. I let them go as I’d like to focus more on quarterly dividends and I don’t really like the tax situation in France, it’s too much of a hassle for me. This resulted in a -€38,18 for my net yearly dividends.

 

With some reinvested dividends, fresh capital and the capital that was unlocked by the sell of Sanofi I decided to increase my Pepsico position. 21 Shares were bought for $97,84, this adds a net dividend of $66,22 to my account. This makes Pepsico the largest position in my portfolio with 10,73%, followed by Unilever 9,95% and Starbucks 8,16%.

The recent weakness in Pepsico almost kept me up at nights, I had only 10 shares and was desperate to capitalize on this weakness. Their dividend yield has never been as high as it is now, not even in recessions, roughly 3,80% yield on a stock that has increased their dividend 46 years in a row. Their most recent raise was 15,22% back in February, that’s great for such a stable company, and also they have 22 billion dollar brands, how insane is that?

All in all, I’m extremely happy with my new shares as I had to watch for a few weeks how the entire DGI community got into this great stock and I had to sit on the sidelines until today.

My new position of 31 shares will bring me a total net dividend of $97,76.

Did you too, buy some Pepsico lately?

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5 Comments

  1. Pepsi seems to be a popular pick nowadays among dividend investors. Great dividend yield indeed, especially considering the company we’re talking about.
    I personally don’t own any at the moment. My main concern is not the dividends but the flat growth these years. I would surely buy around $85, but I don’t wish for you to fall further 🙂

    • DutchIndependence

      It seems to be very popular indeed, and rightfully so! Amazing yield and dedication to paying dividends. I would love for it to fall to $85 though, I’ll be backing up the truck and scoop up some more shares!
      Thank you for your comment!

      DI

  2. Hi DI. I bought some PEP shares, too, in early May. I’ve owned PEP for many years, but hadn’t added since 2012. The recent weakness led me to add to my position. Love the yield offered at this level.

    • DutchIndependence

      Very nice, all this time must have made you quite some money from dividends then! It really is a popular stock in our little community lately, and it’s not hard to see why!

      DI

  3. Jup another PEP buyer here. Added 5 shares @$97 early May. Still on my watchlist for June as well!

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