Friday, January 5, 2018

Recent Buy - Realty Income Corporation (O)

Yesterday January 4, I bought 50 shares of Realty Income Corporation at $ 55.48 per share plus commission.


My overall cost basis of this position decreases from $ 56.31 to $ 55.62 per share. I totally hold now 55 shares of O and my yield on cost is 4.57%.


 
Details of my purchase: 





With current yearly dividend ($ 2.55), my last purchase 50 shares of O increases € 78.74 ($ 94.99) of expected annual net dividend income. At today's exchange rate, this purchase will increase my portfolio projected annual net dividend income approximately to € 11,560.00. After this acquisition, O's weight of my portfolio is about 0.63% and its share of future annual dividend income is approximately 0.75%. My purpose is slowly to build up O's share of my portfolio, if the price remains at these levels.

Click here to see my portfolio.

Full Disclosure: Long O

Thanks for stopping by!

  

5 comments:

  1. Desi GuyJanuary 6, 2018 at 1:08 AM

    @dividendhawk - nice buy. I have been looking to start a position in O for a while now. Did you buy it a tax advantaged account ?

    - Desi Guy.

    ReplyDelete
    Replies
    1. DividendHawkJanuary 6, 2018 at 8:37 AM

      Hi Desi Guy and thanks!

      We here in Finland do not have such a possibility, at least not yet. All holdings are in normal accounts and taxation is equal to 25.5 percent.


      Thanks for visiting,
      DH

      Delete
  2. dividendgeekJanuary 6, 2018 at 4:31 PM

    Looks like it is at premium. Nice yield too. Congrats!

    ReplyDelete
  3. Dividend DiplomatsJanuary 7, 2018 at 6:29 AM

    Hawk -

    Love the move and purchase, congratulations on building more to the position! My eyes are on here as well!

    -Lanny

    ReplyDelete
  4. KevinJanuary 12, 2018 at 8:00 AM

    Nice move! Gotta appreciate the monthly dividends! I am also watching this to see when to make a move. Cheers!

    ReplyDelete