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.
| Ticker | Company | Shares | Cost | Projected Income |
| 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 |
| ENB | Enbridge, Inc. | 350 | 42.75 | $854.75 |
| 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 |
| Totals | $6,960.42 |
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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