Recent additions: 3M and Amgen
On wednesday 2 May I decided to sell my Ahold Delhaize shares for a profit of 38% as they pay dividends once a year and have no significant history of raising their dividends on a yearly basis. Together with some received dividends and the proceeds from this sell I decided to buy into two great companies which have been on my watchlist forever.
This sell reduces my yearly net dividends by -€37,49
I bought 3M, a great industrial and diversified company which has an amazing history of raising dividends. Steady as a rock. I decided to split my money and buy 5 shares of 3M, I will be looking to increase my stake in this company in the near future.
This purchase adds a net $23,12 to my yearly dividends.
Also I decided to purchase 5 shares of Amgen, a great biotech company with a great starting yield and great dividend growth ahead. They have been on my watchlist ever since December 2017. I am very happy to add some shares to my account and I’m looking to increase this stake in the future.
This purchase adds another net $22,44 to my yearly net dividends.
Overall change: -€37,49 +$45,66
What stocks have you purchased on the recent weakness in the market?