September 2025 Stock Purchases

As I'm writing this blog post, it's currently Friday, September 19th. The temperature here in Central Wisconsin is set to reach a high of 73 degrees Fahrenheit later today. Thus, I'm planning on getting outside in a bit!

With that aside, I'm most likely done allocating capital this month. So, without further ado, I'm going to be outlining my stock purchases and stock sale for September 2025.

Stock #1: Amazon (AMZN)

My first stock purchase for the month was another four shares of Amazon at an average price per share of $225.03. Curious readers can find my investment thesis in my September 2025 Stock Watch List blog post and in this recent Seeking Alpha article.

Stock #2: ONEOK (OKE)

The next stock that I completed in September was an additional 12 shares of ONEOK at an average cost of $75.92 per share. Intrigued readers can check out my investment thesis in my September 2025 Stock Watch List blog post linked earlier or my August Seeking Alpha article. This move upped my net annual forward dividends by $49.44, which equates to a 5.43% net dividend yield.

Stock #3: Union Pacific (UNP)

The third stock purchase for the month was two more shares of Union Pacific at an average price per share of $222. Readers can peruse my investment thesis in my aforementioned September 2025 Stock Watch List blog post. My net annual forward dividends increased by $11.04, which is equivalent to a 2.49% dividend yield.

Bonus Stock: Brookfield Asset Management (BAM)

I also added two shares of Brookfield Asset Management at an average cost of $58.52 per share. Interested readers can find my investment thesis in a Seeking Alpha article from earlier this month. My net annual forward dividends grew by $3.50, which works out to be a 2.99% net dividend yield.

Stock Sales: Hershey (HSY) and Alphabet (GOOGL)

I closed out my five share position in Hershey at an average share price of $190.81. HSY is trading at a forward P/E ratio of nearly 30, which is significantly above the 10-year average P/E ratio of 23.5. I'm confident that HSY can execute its turnaround. However, I believe it's already priced into the stock. This move reduced my net annual forward dividends by $27.40.

I also closed an 11 share position in Alphabet (GOOGL) in my Fidelity IRA at $254.89 a share (~20% of my overall position at a 55% gain, bringing GOOGL down to just under 6% of my portfolio). To be clear, I'm still a long-term believer in the stock. I just viewed this as an opportunity to right-size the portfolio weight with no tax consequences. This reduced my net annual forward dividends by $9.24.

Stock Purchases: NextEra Energy (NEE) and Carlisle Companies (CSL)

I redeployed the proceeds into buying 13 shares of NextEra Energy at an average cost of $70.66 a share. The investment thesis for this decision can be found in my October 2025 Stock Watch List blog post. My net annual forward dividends grew by $29.458 due to this move.

I also purchased an eight share starter position in Carlisle Companies at an average cost per share of $333.85. Interested readers can check out my investment thesis in this May Seeking Alpha listicle. 

Basically, CSL is an established player in the building envelope products industry. Economic development means plenty of new buildings requiring the company's materials will be constructed. More than half of U.S. non-residential buildings are over 35 years old. This will lead to tons of re-roofing demand. CSL's balance sheet is also investment-grade. The 1.3% dividend yield beats the S&P 500 index and looks set to keep growing at a double-digit pace each year. Finally, the stock is trading just above 15x forward earnings. That's well below the 10-year average P/E ratio of 20.5, which positions CSL for potential multiple expansion. This move added $35.20 to my net annual forward dividends.

Concluding Thoughts:

In September, I invested $2,372.17 in capital. My net annual forward dividends from these moves rose by $63.98, which equates to a 2.70% net dividend yield. Capital redeployment increased my net annual forward dividends by $28.018.

Dividend increases have lifted my net annual forward dividends by $18.028 to this point. Upward adjustments in foreign dividend payers like BTI and NVO also were positives. If my remaining raise materialize, my net annual forward dividends would rise from $6,245 at the start of September to $6,375 to head into October.

Discussion:

How was your capital deployment for September 2025?

Did you close any positions during the month as I did with HSY?

Thank you for reading and please feel free to comment below!