New purchases August 2018 I

I've made some new purchases. I've bought some 3M the innovative conglomerate. I've been thinking about buying it for a long time but have not gotten to it until now.

• 3 MMM for $ 205.86 per share for a yield of 2.64 %.
• 4 JNJ for $ 131.3 per share for a yield of 2.74 %.

I've updated my portfolio and as always it can be found here.

New purchases

Today I initiated two new positions JNJ and PG so now I own 12 different stocks.

• 5 JNJ for $ 115.99 per share and a yield of 2.76 %.
• 6 PG for $ 87.89 per share and a yield of 3.05 %

Both pay quarterly dividends and JNJ will pay me $ 16 this year and PG $ 12.042 for a total of $ 28.042. I have a good long term feeling about these companies and that makes me accept a lower yield now. They also pay dividend second and first month of the quarter and as I wrote here I consider that a minor downside. 

I've updated my portfolio and as always it can be found here.

Short term watchlist

With my last purchase I now have ten different investments in ten different sectors, with a weight of 10 ± 3 % and that feels good. One downside with my current portfolio is that most of the dividends are payed in the third month of the quarter. However, that is something to think about in the future. I'm still a long way from being able to live off my dividend and as long as I reinvest the dividend it matters less when I receive it.

My next purchases will be one or more of the following (ticker, yield, eps):

• KMB, 3.2, 20.27
• MCD, 3.10, 22.67
• PG, 3.08, 24.62
• JNJ, 2.84, 19.02
• VFC, 3.27, 17.04

Short term watchlist

My next purchases will be a couple of SRET (high yield and global exposure) and one of the following (ticker, yield, eps):

• KMB, 3.2, 20.27
• TROW, 3.2, 14.17
• MCD, 3.10, 22.67
• PG, 3.08, 24.62
• JNJ, 2.84, 19.02