7/07/2013

Walgreen: The Leading Drug Store Stock For My Portfolio

I purchased 30 Walgreen shares last Friday for my Dividend Yield Passive Income Portfolio. The drug retailer has a market cap of USD 41 billion and is on a track to diversify its global sales. As of now, WAG still generates all of its sales in America.

The company disappointed investors with the latest quarter results and was downgraded by Cantor Fitzgerald from buy to hold with target price USD 45. The stock plunged from its high around 14 percent.

Latest Portfolio Transactions (Click to enlarge)

Dividend Yield Portfolio I

Dividend Yield Portfolio II


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For readers who a new to the matter and my dividend growth philosophy: I funded a virtual portfolio with 100k on October 04, 2012 with the aim to build a passive income stream that doubles each five to ten years. I plan to purchase each week one stock holding until the money is fully invested. The total number of constituents is expected at 50 – 70 companies and the dividend income should be at least at $3,000 per year.

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Walgreen, together with its subsidiaries, operates the drugstore chain in the United States. The Company provides its customers with access to consumer goods and services, pharmacy, and health and wellness services in communities across America. The Company offers its products and services through drugstores, as well as through mails, by telephone and online. The Company sells prescription and non-prescription drugs, as well as general merchandises, including household items, convenience and fresh foods, photofinishing and candy. On August 2, 2012, it acquired 45% interest in Alliance Boots GmbH (Alliance Boots).



The company yields at 2.49 percent and has a P/E ratio of 19.49. The forward P/E amounts to 12.36. I spent around USD 1,327 on the Walgreen stake that will give me yearly around USD 33 in dividends. The current full year dividend income is not expected at USD 1,979.

Here is the income perspective:

Sym
Name
P/E Ratio
Dividend Yield

Buy
# Shrs
Income
Value
TRI
Thomson Reuters C
15.54
3.94

28.90
50
$64.50
$1,629.00
LMT
Lockheed Martin C
12.38
4.15

92.72
20
$89.00
$2,173.20
INTC
Intel Corporation
11.88
3.79

21.27
50
$45.00
$1,203.00
MCD
McDonald's Corpor
18.61
3

87.33
15
$45.15
$1,497.90
WU
Western Union Com
10.17
2.81

11.95
100
$47.50
$1,704.00
PM
Philip Morris Int
16.87
3.92

85.42
20
$68.78
$1,750.20
JNJ
Johnson & Johnson
23.57
2.87

69.19
20
$49.80
$1,757.40
MO
Altria Group Inc
16.42
4.96

33.48
40
$70.40
$1,419.60
SYY
Sysco Corporation
19.62
3.29

31.65
40
$44.40
$1,357.60
DRI
Darden Restaurant
16.26
2.94

46.66
30
$45.00
$1,539.90
CA
CA Inc.
13.55
3.57

21.86
50
$50.00
$1,413.00
PG
Procter & Gamble
17.6
2.91

68.72
25
$57.20
$1,958.50
KRFT
Kraft Foods Group
20.63
3.62

44.41
40
$80.00
$2,209.60
MAT
Mattel Inc.
19.53
2.98

36.45
40
$53.60
$1,827.60
PEP
Pepsico Inc. Com
20.68
2.7

70.88
20
$43.60
$1,616.00
KMB
Kimberly-Clark Co
21.11
3.19

86.82
15
$46.50
$1,460.85
COP
ConocoPhillips Co
10.04
4.27

61.06
20
$52.80
$1,246.20
GIS
General Mills In
17.54
2.02

42.13
30
$29.70
$1,470.90
UL
Unilever PLC Comm
20.32
3.17

39.65
35
$44.91
$1,429.40
NSRGY
NESTLE SA REG SHR
18.41
3.32

68.69
30
$65.31
$1,957.50
GE
General Electric
16.97
3.23

23.39
65
$48.10
$1,510.60
ADP
Automatic Data Pr
23.89
2.42

61.65
25
$42.50
$1,768.75
K
Kellogg Company C
25.56
2.71

61.52
25
$44.00
$1,633.50
KO
Coca-Cola Company
21.19
2.64

38.83
40
$42.80
$1,620.80
RTN
Raytheon Company
11.43
3.22

57.04
20
$42.00
$1,316.80
RCI
Rogers Communicat
11.54
4.2

51.06
50
$83.30
$1,933.50
GPC
Genuine Parts Com
20.01
2.49

77.06
20
$41.28
$1,674.80
TSCDY
TESCO PLC SPONS A
204.4
4.49

17.98
110
$75.68
$1,702.80
APD
Air Products and
16.37
2.95

85.71
15
$40.50
$1,378.20
GSK
GlaxoSmithKline P
18.5
4.64

52.16
30
$70.38
$1,536.00
WMT
Wal-Mart Stores
14.73
2.32

79.25
20
$34.72
$1,504.20
BTI
British American
16.43
3.98

114.6
13
$53.82
$1,361.10
CHL
China Mobile Limi
10.07
4.31

55.32
25
$54.95
$1,281.25
MMM
3M Company Common
17.26
2.24

110.27
15
$36.75
$1,673.10
TUP
Tupperware Brands
22.96
2.47

80.98
15
$29.40
$1,203.30
IBM
International Bus
13.33
1.81

206.35
8
$28.00
$1,559.44
HAS
Hasbro Inc.
18.25
3.22

44.09
30
$44.40
$1,398.30
T
AT&T Inc.
27.55
3.76

34.47
30
$40.20
$1,074.90
WAG
Walgreen Co. Comm
19.3
2.49

44.25
30
$33.00
$1,327.50
















$1,978.93
$61,080.19
















Average Yield
3.24%
















Yield On Cost
3.44%

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