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Strategies & Market Trends : Dividend investing for retirement

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CusterInvestor
To: inspbudget who wrote (28503)1/10/2018 1:02:26 PM
From: E_K_S1 Recommendation   of 34328
 
Dominion Energy, Inc. (D) - started position in D w/ shares bought today @ $76.50/share
Omega Healthcare Investors, Inc. (OHI) - another small Buy of OHI @ $26.57/share

Decided to start a 1% portfolio position in my taxable account in D. My plan is to sell some of my NG plays that pay a similar or lower dividend. I sold some high cost ECA shares (a NG driller) and will probably sell high cost WOPEY shares to further allow me to build up my D position.

My thought was that many of D's projects support my NG long term thesis especially their LNG Export facility. The only exposure I have there is w/ WOPEY's Australian LNG facility. That is a 4% portfolio position and also a 4% dividend payer.

I like the diversification D provides from their utility business. This may/limit the taxable portfolio growth but helps reduce my exposure to NG/Oil stocks.

Did another small add to the IRA/ROTH account of OHI. At a full position w/ OHI representing a 13% portfolio position size in those tax deferred accounts. The plan here is to sell the high cost shares bought at/near $31.00/share and use those as a source of funds for future Buys in REIT/Preferred div payers. Will have Sells in at/above $32.00/share if that price level is tested again.

Good Investing

EKS
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