Recent Buy - GE; BBL; KMI and HCP

I had 4 free trades and approximately $1000 in my account. I wasn't going to miss out on the opportunity to open new positions or average down on an existing position.

I purchased 10 shares of the General Electric Company (GE) on 7/6/15 for $26.2299 per share. This is a new position and I intend to keep buying in increments of 25 shares until I have approx. 100 shares. 

This purchase adds $9.20 to my annual dividend income, based on the current $0.23 quarterly dividend. 

Dividend Yield: 3.38%
Payout Ratio: 71.3%
Dividend Growth: 5 years (since 2010)


I purchased 8 shares of BHP Billiton PLC (BBL) on 7/6/15 for $38.2288 per share. This is a new position and I intend to keep buying in increments of 25 shares until I have approx. 100 - 125 shares. 

This purchase adds $19.84 to my annual dividend income, based on the current $1.24 semi-annual dividend. 

Dividend Yield: 6.39%
Payout Ratio: 86.1%

I also purchased 5 shares of Kinder Morgan Inc. (KMI) on 7/6/15 for $37.4691 per share. This isn't a new position and since I had a free trade, I averaged down and got a few more shares. I initiated a position on 6/4/15 picking up 25 shares @40.2691. I intend to keep buying in increments of 25 shares until I have approx. 100 - 125 shares. 

This purchase adds $9.80 to my annual dividend income, based on the current $0.49 quarterly dividend. . 

Dividend Yield: 5.31%
Payout Ratio: 245.0%
Dividend Growth: 4 years (since 2011)


I also purchased 7 shares of HCP Inc. (HCP) on 7/6/15 for $37.09 per share. This isn't a new position and since I had a free trade, I averaged down and got a few more shares. I initiated a position earlier on 2/10/15 picking up 23 shares @42.39.  

This purchase adds $15.82 to my annual dividend income, based on the current $0.565 quarterly dividend. . 

Dividend Yield: 6.03%
Payout Ratio: 72.7%
Dividend Growth: 29 years (since 1986)


The four purchases will add $54.66 to my annual dividend income.

My dividend stock portfolio will pay $578.28 in dividends over the next 12 months.