Week of May 14, 2018: 1 purchase and 14 dividends

Another week in the books.

I earned a combined $14.85 in dividend income from 14 different companies – most coming on Tuesday, when I was paid by 10 – and raised my forward annual dividend income by $21.60.

This week’s purchase

I only invested in one company this week, but I bought a share every day. In other words, my one purchase was more like five if you think about it.

I picked up a share of EPR Properties (EPR) for $59.50 on Monday and, well, couldn’t help but buy another Tuesday. After grabbing a share each of the first two days of the week, I figured I might as well add another Wednesday. Thursday … same story. By the time today (Friday) rolled around, I decided, since I bought a share on the other four days of the week, I might as well make it a clean sweep (5-for-5, baby).

Interestingly enough, each successive purchase came at a better and better price. I added Tuesday’s share for $58.84, Wednesday’s for $58.77, Thursday’s for $58.69 and today’s for $58.23. Anything under $60 seems like a good deal to me and I’ll probably keep adding as long as it stays where it is.

For those of you who aren’t familiar with the company, it’s quickly becoming one of my favorites. It’s a REIT, it pays monthly dividends and has an annualized payment of $4.32/share … that equates to a yield of 7.44% at today’s price.

It’s the only monthly payer in my DIVIDEND FARM. I’ve built my portfolio to spit out monthly dividends without the need for a monthly payer, I just like the company so much I had to own it.

Monthly income at its best

As a monthly payer, I don’t think it gets much better. Compared to Realty Income (O), the self-proclaimed “monthly dividend company”, EPR has a higher yield (7.44% compared to O’s 5.09%) and annualized payment ($4.32 compared to $2.63), a lower payout ratio (150% compared to 233%), lower price-to-book ratio (1.48 compared to 2.01) and lower P/E ratio (20.38 compared to 46.18).

EPR also has higher earnings per share, yet I almost never see it mentioned. Realty Income, meanwhile, seems to get mentioned by someone every time I turn around.

All the financial mumbo-jumbo aside, I’m also a big fan of the type of investments EPR makes. The company owns something like 30 Topgolf facilities which, if you haven’t been to a Topgolf, check it out if you have one in your area … you won’t regret it. The company also invests in movie theaters, ski resorts, indoor skydiving facilities, water parks, family fun centers and schools.

Feel free to peruse its WEBSITE if you want to know more.

This week’s dividends

As I mentioned at the beginning of this post, I earned nearly $15 of divided income this week.

Abbvie (ABBV), which has been on one heck of a roll since I picked up my three shares at an average cost of $63.35 (up 67.50% since), is the stock that keeps on giving. Not only is it up big time, but my three shares earned me $2.88 ($0.96/share) in dividend income this week. Last quarter, the same three shares earned me $2.13 ($0.71/share). Translation: it raised its dividend by 35%.

I also got decent (for me) payments from ORIT ($2), PG ($2.15), AAPL ($1.46) and APD ($2.20). I consider anything over $1 decent.

The other dividends came from AMP ($0.90), ABT ($0.28), HRL ($0.19), CL ($0.42), MS ($0.25), OHI ($0.66), SKT ($0.70), HAS ($0.63) and ALLY ($0.13).


Finally, I want to give a shout-out to Craig W., who used my ROBINHOOD REFERRAL LINK to open an account and start investing. Craig, you earned me a share of ZNGA worth $4.06, and for that I’m truly thankful.

I hope you got something good! I’ll sell my share in the coming days and use the money to add to one of my dividend-paying positions. For those of you who don’t have a Robinhood account, and are interested in free trades, use my link to signup and we’ll both great a free stock.

Also, you can thank Eric S. for the headline change. Now it should be pretty clear what week I’m talking about in my weekly posts. Thanks for the suggestion, Eric.

March on!

Leave a Reply

%d bloggers like this: