My overall cost basis of this position increases from $ 63.14 to $ 63.54 per share. I totally hold now 45 shares of ABBV and my yield on cost is 4.03%. You can look at my first purchase of ABBV here.
Details of my purchase:
With current
quarterly dividend ($ 0.64), my last purchase 15 shares of ABBV increases
€ 27.10
($ 28.61) of expected annual net dividend income. At today's exchange rate, this purchase will increase my portfolio projected annual
net dividend income approximately to € 10,070.00. After this acquisition, ABBV's weight of my portfolio is about 0.75% and its share of future annual dividend income is approximately 0.81%. My purpose is to slowly acquire more shares of ABBV, if the price remains at these levels.
Click here
to see my portfolio.
Full Disclosure: Long ABBV
Thanks for stopping by!
Thanks for stopping by!
Love the purchase and your blog, Hawk.
ReplyDeleteJust wish your timing was better on when our president-elect decided to open his mouth causing your shares to sink today.
Hi, Yeah I agree that my timing could be a bit better!
DeleteThanks for visiting!
DH
This is on my watch list, maybe pulling the trigger if it goes below $60.
ReplyDeleteHow do you assess the Humira risk, quite a lot depends on a single product?
Moi Entinen Persaukinen. Näyttää siltä, että voit painaa ostonappia melko pian! You are right, much depends on one product, but I am confident and believe that management knows what they are doing. I think that, the last dividend increase at the end of October and the raises full-year 2016 outlook is a good sign.
DeleteKippis,
DH
Nice portfolio. You bought that much and it's such a low percentage of your portfolio. I'm jealous. All the best for 2017.
ReplyDeleteHi BHL and thank you! All the best for you too!
DeleteRegards,
DH
Greatpurchase, I bought a few shares too last week.
ReplyDelete