As I'm writing this blog post, it's February 28th. The temperature here in Central Wisconsin is expected to reach a high of 51 degrees Fahrenheit for today. Needless to say, that's quite pleasant for this time of the year.
Now that February 2025 is coming to a close, I'll go over the stock purchases that I made during the month with fresh capital. I will also go over a stock sale and the stocks into which I redeployed the capital proceeds.
Stock Purchase #1: Amazon (AMZN)
The first stock that I bought in the month was another three shares of Amazon at an average price per share of $241.74. Curious readers can check out my investment thesis in my February 2025 Stock Watch List blog post.
Stock Purchase #2: British American Tobacco (BTI)
The next stock that I purchased in February 2025 was 11 shares of British American Tobacco at an average cost of $40.13 a share. Interested readers can also pore over my February 2025 Stock Watch List blog post for my investment thesis. This transaction lifted my net annual forward dividends by $32.45, which equates to a 7.35% net dividend yield.
Stock Purchase #3: PepsiCo (PEP)
The third stock that I bought during the month was three shares of PepsiCo at an average price per share of $143.03. For my investment thesis, readers can peruse my February 2025 Stock Watch List blog post or my December Seeking Alpha article. The purchase raised my net annual forward dividends by $16.26, which works out to a 3.79% net dividend yield.
Dividend Stock Sale: Iron Mountain (IRM)
I closed my 21 share position in Iron Mountain (IRM) at an average price per share of $103.88. To be clear, I think IRM's fundamentals are fairly solid. However, the valuation seemed elevated to me when I sold the stock. At the time of my sale, this reduced my net annual forward dividends by $60.06.
Dividend Stock Purchases: Alphabet (GOOGL) and VICI Properties (VICI)
I purchased six shares of Alphabet (GOOGL) at an average cost of $190.78 a share. Curious readers can read my January 2025 Dividend Stock Watch List blog post for my rationale. This added $4.80 to my net annual forward dividends, which is equivalent to a 0.42% net dividend yield.
I also added 38 shares of VICI Properties (VICI) at an average price per share of $29.91. Interested readers can check out my investment thesis in my June 2024 Dividend Stock Watch List blog post. This transaction boosted my net annual forward dividends by $65.74, which equates to a 5.78% net dividend yield.
Concluding Thoughts:
I deployed $1,595.70 in capital to fresh capital purchases in February 2025. Compared to the $48.71 in net annual forward dividends that I added from these transactions, this works out to a 3.05% net dividend yield. Capital redeployment also lifted my net annual forward dividends by $10.48.
Finally, my net annual forward dividends rose by $33.702 from February 2025 Dividend Increases. These elements resulted in my net annual forward dividends rising from roughly $5,600 at the start of the month to approximately $5,690 to close out the month.
Discussion:
How was your capital deployment in February 2025?
Did you open any new positions for the month?
Thanks for reading and please feel free to comment below!
