Over the last couple of days I added shares to two positions.
First up I bought two shares of Moury Construct (EBR:MOUR), I talked about this stock last month and maybe I’ll further expand this position in the coming months. It’s not really a dividend growth stock, even though it currently pays a nice dividend, and trading is also very illiquid. The interesting thing about it is that it is very undervalued and has a lot of safety margin given the firm’s big cash reserves. After taxes, this buy adds 7.3EUR in dividend income.
Next I expanded my Diageo (DEO) position with seven more shares. Last month I said I would likely increase this position around its current price level and that’s exactly what I did. Unless it ramps up significantly, I may buy even more next month. The seven Diageo shares add 14.74EUR to my annual dividend income.
Which stocks did you recently buy?