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Showing posts with label Conglomerate. Show all posts
Showing posts with label Conglomerate. Show all posts

Diversified Industrial Technology Company 3M Completes The Dividend Yield Passive Income Portfolio

Despite the small correction within the financial markets, the asset prices for high-quality dividend growth stocks are still high. We need a bigger correction to get back to normal prices but the current forces are too strength. It’s a process of valuation adjustments – stock yields come down to bond yields.

Last Friday, I put 15 shares of the industrial conglomerate into the Dividend Yield Passive Income (DYPI) Portfolio. I bought the company at 110.27 which resulted into a total purchase amount of $ 1,654.05. Below is a graph of the latest earnings and dividend developments from the recent five years.

Earnings and Dividends of MMM 3M

3M Company is a diversified technology company with a presence in the industrial and transportation; health care; consumer and office; safety, security and protection services; display and graphics, and electro and communications businesses. 3M manages its operations in six business segments: Industrial and Transportation; Health Care; Consumer and Office; Safety, Security and Protection Services; Display and Graphics, and Electro and Communications. 

MMM is also not cheap but compared to other dividend champions lower valuated. The current P/E amounts to 17.42 while the forward P/E is calculated at 15.02. Investors get a yield of 2.30%.

Dividend Yield Passive Income Portfolio (Click to enlarge)

Latest Portfolio Transactions (Click to enlarge)

The 3M position is the eleventh biggest position within the DYPI-Portfolio. The portfolio has now 34 constituents and was funded on October 04, 2012. I plan to purchase each week one stake at cost between $1 to $2k. As a result, the cash reduced from $100k to $51. It’s a strategy of slow purchase and if the markets go further strong up, I need to close my acquisition process and rest on cash. The current valuation is too high to get good long-term yields.

What happened with my current holdings? They realized a gain of 10.24 percent. Because of the high cash amount (around 50 percent of the portfolio is still not invested), the portfolio performance life-to-date amounts to 5.46%.

The new stake will give me around $37 bucks per year in additional dividend income. The full year estimated passive dividend income is now at $1,718.

Here is the income perspective of the portfolio:

Sym
Name
P/E Ratio
Dividend Yield

Buy
# Shrs
Income
Value
TRI
Thomson Reuters C
16.66
3.68

28.90
50
$64.50
$1,761.50
LMT
Lockheed Martin C
12.28
4.05

92.72
20
$86.00
$2,141.20
INTC
Intel Corporation
12.02
3.68

21.27
50
$44.25
$1,196.15
MCD
McDonald's Corpor
18.74
2.91

87.33
15
$44.10
$1,504.35
WU
Western Union Com
9.9
2.73

11.95
100
$45.00
$1,645.00
PM
Philip Morris Int
18.13
3.56

85.42
20
$67.18
$1,882.40
JNJ
Johnson & Johnson
23.69
2.86

69.19
20
$49.80
$1,736.40
MO
Altria Group Inc
17.06
4.69

33.48
40
$69.20
$1,483.60
SYY
Sysco Corporation
20.09
3.18

31.65
40
$44.00
$1,392.80
DRI
Darden Restaurant
16.23
3.76

46.66
30
$60.00
$1,584.90
CA
CA Inc.
13.21
3.66

21.86
50
$50.00
$1,370.00
PG
Procter & Gamble
17.63
2.91

68.72
25
$57.20
$2,047.00
KRFT
Kraft Foods Group
21.14
3.51

44.41
40
$80.00
$2,280.40
MAT
Mattel Inc.
19.72
2.84

36.45
40
$51.60
$1,825.20
PEP
Pepsico Inc. Com
21.04
2.62

70.88
20
$43.00
$1,651.60
KMB
Kimberly-Clark Co
22.31
2.95

86.82
15
$45.45
$1,552.65
COP
ConocoPhillips Co
10.19
4.2

61.06
20
$52.80
$1,250.60
GIS
General Mills In
17.89
2.7

42.13
30
$39.60
$1,469.40
UL
Unilever PLC Comm
21.71
2.96

39.65
35
$44.91
$1,513.05
NSRGY
NESTLE SA REG SHR
19.11
3.2

68.69
30
$65.31
$2,049.00
GE
General Electric
17.53
3.04

23.39
65
$46.80
$1,529.45
ADP
Automatic Data Pr
23.79
2.37

61.65
25
$41.50
$1,746.25
K
Kellogg Company C
25.42
2.71

61.52
25
$43.75
$1,611.25
KO
Coca-Cola Company
21.94
2.49

38.83
40
$41.80
$1,689.60
RTN
Raytheon Company
11.71
3.07

57.04
20
$41.00
$1,334.60
RCI
Rogers Communicat
13.65
3.46

51.06
30
$48.69
$1,390.50
GPC
Genuine Parts Com
19.79
2.47

77.06
20
$40.44
$1,628.00
TSCDY
TESCO PLC SPONS A
N/A
4.05

17.98
70
$49.63
$1,212.40
APD
Air Products and
16.87
2.79

85.71
15
$39.45
$1,408.95
GSK
GlaxoSmithKline P
19.27
4.45

52.16
30
$70.38
$1,589.10
WMT
Wal-Mart Stores
15.04
2.27

79.25
20
$34.72
$1,546.20
BTI
British American
17.81
3.67

114.6
13
$53.82
$1,466.53
CHL
China Mobile Limi
10.5
1.98

55.32
25
$26.33
$1,330.50
mmm
3M Company Common
17.41
2.22

110.27
15
$36.75
$1,654.05
















$1,718.95
$54,474.58
















Average Yield
3.16%
















Yield On Cost
3.49%