With oil grabbing the headlines on a daily basis, hitting new lows and taking down every energy name listed on the exchanges, I wanted to highlight some new purchases I made that are not in the oil patch. As I have stated before, I'm not against owning the energy names I just prefer a little less volatility in my portfolio. With that being said, I'd like to share my recent stock buys.

I have added to my taxable account 66.7080 shares at $25.43 for a total investment of $1,696.05 in General Electric Company (GE). With this recent purchase my taxable account holdings in GE now totals 153.6090 shares for a value of $3,937.00.

I also have added to my taxable account 12.1611 shares at $40.79 for a total investment of $496.05in Bemis Company, Inc. (BMS). With this recent purchase my taxable account holdings in BMS now totals 23.5991 shares for a value of $968.51.

While I'm sure everyone is very familiar with GE, not many dividend growth investors are familiar with dividend aristocrat BMS. BMS manufactures and sells packaging products all over the world for food, medical, pharmaceutical, personal care and electronics. Basically, if you ever unwrapped a candy bar, pulled open a foil lid from your yogurt, opened a bag of salad, ripped open toilet paper or paper towel over-wraps or ate a frozen dinner you used a BMS product. These are the types of companies I just love. The ones you never hear about, yet everyone uses their products every single day. With a relatively low payout ratio of 47.2% and a growing dividend for over thirty years, BMS is definitely a stock worth considering for any long term dividend growth portfolio.

What do you think about my most recent purchases? Is GE and/or BMS in your dividend income portfolio? Please let me know below