If you aren’t aware, I’ve been slowly investing a large lump sum in my portfolio. In February I purchased shares in 9 companies. These purchases were to add nearly $7k in forward annual income.
Unfortunately, many of the purchase were made prior to the Coronavirus panic. Subsequently, some of the worst had 50% drawdowns in equity. So far, none have cut their dividend payouts, but I could see ABR, MAIN, SPG and some of the oil companies being affected by lower oil prices.
|NHI||National Health Investors||122||81.50||$538.02|
|APTS||Preferred Apartment Communities||1,000||10.00||$1,050|
|STOR||Store Capital Corp||285||35.1771||$399|
|ABR||Arbor Realty Trust||680||14.68||$816|
|MAIN||Main Street Capital||332||45.00||$544.48|
|SPG||Simon Property Group||106||141.36||$890.40|
|XOM||Exxon Mobil Corp||245||61.32||$852.60|
|MMP||Magellan Midstream Partners LP||247||60.75||$1,015.17|
I wasn’t planning to buy a few of these companies, but the start of the panic urged me to start moving forward some of the purchases that I was going to make in March. Additionally, I figured out a little late that my position sizes were a bit too large. The last few purchases were made with close to $10k per position instead of $15k allowing me to diversify a bit more.
How was your February activity?
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