My overall cost basis of this position decreases from $ 35.95 to $ 35.25 per share. I totally hold now 185 shares of OHI and my yield on cost is 7.26%. The first OHI acquisition I made in April 2015, which you can look at here.
Details of my purchase:
With current
quarterly dividend ($ 0.64), my last purchase 35 shares of OHI increases
€ 57.07
($ 66.75) of expected annual net dividend income. At today's exchange rate, this purchase will increase my portfolio projected annual
net dividend income approximately to € 10,830.00. After this acquisition, OHI's weight of my portfolio is about 1.38%
and its share of future annual dividend income is approximately 2.79%. Currently, I no longer plan to grow the OHI's weight in
the portfolio because its share of future dividends is already quite high.
Click here to see my portfolio.
Full Disclosure: Long OHI
Thanks for stopping by!
Thanks for stopping by!
That's awesome DH. I'm looking to add 5 more stocks to my portfolio and OHI is on the shortlist. I think you made a great buy and good job on reducing your cost basis.
ReplyDeleteExcellent purchase.
ReplyDeleteHope you will excuse the off-topic: seeing how you are historically heavily invested in Fortum, what are your thoughts on the slowly building consensus that their EPS seems to be going down to the 0.8-0.9 range and, with it, the dividend? After this year's payout ratio blowup I would be very interested in your opinion.
http://vara-services.de/app/csv?view=3&document_id=189&id=3
Disclosure: I'm long Fortum.
Hi Petinga
DeleteThanks. Yeah, I have a big weight in Fortum, I purchased my first stocks of it 2009 and I agree that Fortum's dividend will go down in the future, if they don't put soon that cash to work. I suppose, next spring will still give dividend of EUR 1.10 and I plan to keep my shares until then, maybe longer, will see.
Thanks for visiting,
DH