On Wednesday, July 10th, I added Realty Income (O) as another pillar in my portfolio at a price of $43.16. I previously wrote an article titled "4 Dividend Growth Stocks That Are The Pillars Of My Portfolio." In that article, I discussed the four stocks I own and the attributes they have that make them the pillars of my portfolio. These attributes are sustainable product, wide moat, rising dividend and a reasonable entry price. In June of 2012, I added Walgreen (WAG) as a fifth pillar and have now added Realty Income. The pillars of my portfolio are companies I never intend to sell unless the business conditions deteriorate.
Reviewing my portfolio over the last few months, I came to the conclusion that I needed a high yielder. Although all the stocks I own pay a nice dividend and all the dividends have steadily been raised, the overall yield of the portfolio was less than I wanted. Several weeks ago, I bought Procter & Gamble (PG) -- nice 3% yield -- but felt that P&G was too similar to other, so-called, defensive stocks I own.
Source: Seeking Alpha
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Dividend Growth Stocks News
- I have invested in dividends for 10 years—These monthly payers keep my cash flow consistent - 24/7 Wall St. - 5/16/2025
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- High-Yield Realty Income Is a Buy if You Love Reliable Dividend Stocks - The Globe and Mail - 5/17/2025
- Seeking Up to 13% Dividend Yield? B. Riley Suggests 2 Dividend Stocks to Buy - TipRanks - 5/18/2025
- 2 No-Brainer Dividend Stocks to Buy With $2,000 Right Now - Yahoo Finance - 5/12/2025
- Automatic Data Processing Inc. (ADP) Dividend Stock Analysis - 5/16/2025
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- Waste Management, Inc. (WM) Dividend Stock Analysis - 5/2/2025
- Wal-Mart Stores, Inc. (WMT) Dividend Stock Analysis - 4/25/2025
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Adding Realty Income As Another Pillar To My Portfolio
Posted by D4L | Monday, July 29, 2013 | 0 comments »________________________________________________________________
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