There is no time like the present to add money into the market. After starting my after tax portfolio with a lump sum, I have been making additional purchases on a weekly basis. Approximately $250 of fresh capital is deployed each week into my current positions, I keep a list of which positions currently offer an attractive price and as long as I’m not overweight (up to 5%) on that positions I will add to it. Let’s move on to the reason you clicked on this article.
This weeks additions are:
1 share of Visa (V) @ $210.96
1 share of Franklin Resources (BEN) @ $27.11
1 share of Google (GOOG) @ $115.92 Slowly building this position for my growth portion.
Visa is a well know financial services company, you probably have a credit card with their logo on it. Their 0.70% yield might be overlooked but it has grown at a 21% rate over the last 10 years. That along with a low 20% payout ratio could equal continued increases for the foreseeable future.
Franklin Resources also know as Franklin Templeton is a global investment firm. This Aristocrat has raised it’s dividend for 41 consecutive years. Current yield of 4.19% and a 5 & 10 year CAGR of 8.64% and 12.74% along with a low 27% payout ratio. Share price has been stagnant over the last 5 years so don’t expect much growth but a solid dividend payer.
With today’s purchases I have increased my dividend income by $2.66 per year. You can view my portfolio holdings here.
Do you own either of these? Planning to add to your portfolio? share your purchases in the comments.