Tuesday, April 2, 2019

Recent Buy - CVS Health Corp (CVS) and Cardinal Health, Inc (CAH)

Both of these stocks are roughly 5% below my cost basis and neither position is a very large portion of my portfolio at the moment.  Both CVS and CAH decline nearly 4% on the day following the announcement of Walgreen Boots Alliance, Inc. (WBA) Q2 results pre-market which weighed heavily on much of the healthcare sector, including CVS and CAH.  See below for the details of both purchases.





----- CVS Health Corp (CVS) -----

Purchased: 20 shares x $52.065 = $1,041.30 (+$4.95 commission)



Dividend Income:  This purchase adds $40.00 of income annually ($2.00 annual dividend; paid quarterly in Feb, May, Aug, and Nov)

Comments:  I just initiated a purchase in this stock last week where you can see some additional metrics and commentary by clicking here. CVS goes ex-diviend in a few weeks on April 21st.

----- Cardinal Health, Inc (CAH) -----


Purchased: 16 shares x $47.20 = $755.20 (+$4.95 commission)


Dividend Income:  This purchase adds $30.56 of income annually ($1.91 annual dividend; paid quarterly in Jan, Apr, Jul, and Oct)

Comments: I initiated my position in CAH back in December and similarly, nothing much as changed since then other than the valuation of the company.  To see more about that purchase, click here.

2 comments:

  1. You bought CVS with a really cheap price. Congrats!

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    Replies
    1. Thanks! I would like to continue to add to the position periodically from here on out if the company can meet expectations. Quite a significant cash flow yield at current valuation.

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