It's the middle of December and the headlines are still screaming lower oil prices and energy names. A few days ago I wrote a post about pure play iron and steel companies that are also experiencing the same sell off as oil. It seems that quite a few commodities are in a current free fall which seemingly presents great buying opportunities but I'm not convinced of it yet. I tend to be more cautious and conservative with my long term dividend portfolio as I'm still on the sidelines regarding many of the potential energy names to invest in from my watch list.

Looking to remain consistent and continue my monthly stock buying and build upon my own dividend snowball I made a second purchase, albeit smaller, for the month of December. Last week I added to my General Electric Company (GE) and Bemis Company, Inc. (BMS) holdings and with that being said, I'd like to share my recent stock buys.

I have added to my taxable account 9.0621 shares at $91.49 for a total investment of $829.05 in Caterpillar Inc. (CAT). With this recent purchase my taxable account holdings in CAT now totals 68.6827 shares for a value of $6,136.11.

I also have added to my taxable account 7.2279 shares at $114.84 for a total investment of $830.05in Diageo plc (DEO). With this recent purchase my taxable account holdings in DEO now totals 34.2167 shares for a value of $3,888.04.

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